News tagged with “citigroup rescue”. Found:
7 tagged news reports.
Your Search Returned 7 tagged news reports
US puts up record $300bn in Citigroup rescue
London :: United Kingdom | about 1 year ago
Credibility
President Bush said he consulted his successor-in-waiting, Barack Obama, about the rescue package, which sets a precedent for federal intervention. Under the deal the government will: • shoulder 90% of any losses on $306bn worth of residential and commercial...
Tags: government, citigroup rescue, share, stock
Citi rescue sends local shares higher
New York City :: NY :: USA | about 1 year ago
Credibility ASX200 was more than 150 points higher to 3579, while the All Ords gained 148 points to 3537. Wall St closed nearly 5 per cent higher overnight after the US government agreed to back around $US300 billion ($460 billion) of Citigroup's troubled mortgage...
Tags: citigroup rescue, government, share, wall street, market, dow jones, stock, Citigroup, plan, banks citigroup
Bloomberg: Brazil's Real Advances Most in Six Weeks After U.S. Rescue of Citigroup
São Paulo :: Brazil | about 1 year ago
Credibility Brazil’s Real Gains Most in Six Weeks After Citigroup Rescue Nov. 24 (Bloomberg) -- Brazil’s real strengthened the most in six weeks as demand for higher-yielding, emerging-market assets picked up after the U.S. government’s rescue of Citigroup Inc....
Tags: citigroup, citigroup rescue, market, government, stock, share, Brazil
Why the banks need stronger medicine
Tarp :: Germany | about 1 year ago
Credibility The latest round of government help for Citi buys the troubled bank some time. But the financial sector will need much stronger medicine before a recovery can get under way. The feds agreed Sunday night to guarantee $306 billion worth of troubled assets...
Tags: billion, financial, bank, government, citigroup rescue, bailout, Citigroup, share, aid
Citigroup rescue fuels worldwide shares surge
Washington :: DC :: USA | about 1 year ago
Credibility Citigroup after a weekend of intense negotiations In New York, the S&P 500 gained 6.5 per cent and the Dow Jones 4.9 per cent...The US official agencies announced in a joint statement that: "The US government is committed to supporting financial market...
Tags: government, financial, market, plan, citigroup rescue, share, Citigroup, economic, stock
Government plans massive Citigroup rescue effort
WASHINGTON - Rushing to rescue Citigroup, the government agreed to shoulder hundreds of billions of dollars in possible losses at the stricken bank and to plow a fresh $20 billion into the company. Regulators hope the dramatic action will bolster badly...
Tags: Government, plans, massive, Citigroup, rescue effort, Citigroup rescue, market, crisis
Government unveils bold plan to rescue Citigroup
Washington :: DC :: USA | about 1 year ago
Credibility Rushing to rescue Citigroup, the U.S. government agreed to shoulder hundreds of billions of possible losses at the stricken bank and to plow a fresh $20 billion into the company. Regulators hope the dramatic action will bolster badly shaken confidence...
Tags: citigroup, government, share, plan, paulson, Citigroup Rescue, news, global, stock, toxic assets
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