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January 30, 2013 On Thursday, January 17, 2013, the New York Times reported that both Bank of America and Citigroup disclosed that substantial legal costs undercut their fourth-quarter earnings. The expenses, the banks said, stemmed from huge
Citigroup Inc's Brazilian unit plans to sell its Credicard consumer finance unit as part of an effort to focus business on the most profitable areas, Valor Economico reported, without saying how it obtained the information. Citigroup made available
The first deal run was the Korea Southern Power offering on January 28, 2013 . The joint leads on the deal were Barclays, Deutsche Bank, Citi, and RBS. IssueNet is a unique community of member banks, linked via a technology platform that gives
Yeah, we're still pissed about higher fees and lousy service. One of out every 10 consumers is likely to switch primary banks in the coming year, taking a substantial $675 billion in deposits with them, according to a new study by Javelin Strategy &
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. Josh Brown finds investing and finance-related lessons in almost every book he picks up. Drawing on Bob Spitz's The Beatles:
Besides California, Chase said 2012 loan growth was strongest in the states of Nevada, Oregon, Washington, Florida and Louisiana. Chase small business lending generally includes credit extended to firms with less than $20 million in annual revenue.
Bloomberg Markets 50 Citi's Tobias Levkovich is one of the more bullish strategists on the Street when it comes to where the stock market is headed from here. In fact, he thinks we're on the verge of a big, secular bull market (he calls it the "
Stocks have staged a remarkable rally with no major corrections. In a new research note to clients, Citi global equity strategist Robert Buckland discusses what happens after 20 percent rallies in the stock markets. Specifically, he looks for what
Nonprofit healthcare giant Kaiser Permanente had a 40% share of California's $59-billion health insurance market for employers and individuals, new data show. A report issued this week by Citigroup analyst Carl McDonald compiled nationwide data on
Bove also likes PNC Financial Services Group Inc. , SunTrust Banks Inc. , Comerica Inc. and First Republic Bank , and expects them all to do well in 2013. /conga/story/misc/investing.html 245777 Overall, the report presents a bullish view, while