Citigroup Inc.

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  • Citi Pays Fine for Subprime Misdeeds

    Citigroup agreed to pay $7 billion to settle charges levied by the U.S. Department of Justice that the banking giant routinely and brazenly securitized and sold vast numbers of bum mortgages to investors in 2006 and ’07, and knew it was doing so.

    National 15 July 2014 12:48
  • Citigroup Signs $1B Lease Extension to Relocate Headquarters in Lower Manhattan

    Citigroup Inc., the third-biggest bank in the U.S., and SL Green Realty Corp. recently signed a $1 billion lease agreement and renovation deal that will allow the financial giant to relocate its headquarters from the existing offices at 399 Park Avenue to a twin-building complex on Greenwich Street through December 31, 2035.

    New York 20 December 2013 20:06
  • Multibillion-Dollar Mortgage Settlements Unveiled

    Bank of America reached an $11.6 billion settlement with Fannie Mae on Monday, putting the banking giant a step closer to putting the countrywide mortgage shenanigans of the 2000s to rest.

    National 08 January 2013 14:07
  • Americans Hit the Stores in February

    Retailers had a good month in February as Americans were out shopping in force, driving total retail sales up 1.1 percent, which was the highest uptick in five months, according to the U.S. Department of Commerce.

    National 14 March 2012 13:33
  • Retail Sales See January Increase

    The U.S. Department of Commerce reported on Tuesday that retail sales were up by 0.4 percent month-over-month in January, which is more than in recent months, but not as much as economists had expected.

    National 15 February 2012 15:21
  • Government, Banks to Ink Robo-Signing Settlement

    The federal government, various state attorneys general and the largest banks in the country have struck a deal that would specify an assortment of mild punishments for the banks' involvement in robo-signing.

    National 09 February 2012 14:42