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LATEST VIDEOS
Rochdale Securities' Dick Bove on why he is still bullish on Bank of America.
Dow's Up, But So Are Foreclosures
10/15/2009|Happy Hour on FOX Business
Eric breaks down the terrible housing numbers.
Citigroup Management Gets Passing Grade
10/08/2009|FOX Business
FBN's Liz MacDonald on how Citigroup's leadership has done during the financial crisis.
Two Lessons Learned from Lehman
09/14/2009|FOX Business
Author Bill Bartmann argues Merrill Lynch and Bear Stearns were just as big of failures as Lehman Brothers.
It's been one year since Lehman Brothers failed. What lessons have we learned?
Dick Bove of Rochdale Securities on what can be expected from the financial sector in the near future.
Financial Meltdown: A Year Later
08/28/2009|Web Exclusive
Special Report: Experts break down how the financial landscape has changed and where we go from here.
Dave Ramsey tells a caller to sell his truck and negotiate rates with credit-card companies to move out of debt.
How Many Small Business Pay for Health Care?
07/20/2009|FOX Business
George S. May International Managing Director Paul Rauseo on what small business have health-care and how they are managing the costs.
LATEST STORIES
Report: Citigroup Creator Apologizes for Merger
FOXBusiness| Markets
… FOXBusiness John S. Reed, former chairman of Citicorp Inc. (C), and the chief executive that presided over the bank’s merger with Travelers Group Inc. in 1998, apologized …
Story|11/06/2009
An illustrated century of scams and settlements from BofA, JPM, WFC, etc « The Cody Word
The Cody Word
… wholeheartedly ... the only way that a recession can have its valued cleansing effect is to let the bad businesses fail. I would add Citicorp , Fannie Mae, Freddie Mac, AIG, GM and Chrysler to the list. The "good" banks, auto companies and insurance companies …
Blog|10/07/2009
Pandit Gives Fresh Details About Citi’s Balance Sheet « Emac's Stock Watch
Emac's Stock Watch
… provisions to take care of souring loans. The damaged bank has already split in two, into a good bank-bad bank structure ( Citicorp and Citi Holdings), and is now trying to unload an asset portfolio that is bigger than the size of GE Capital. Already the …
Blog|09/16/2009
FOXBusiness.com LIVE Transcript: Too Big To Fail
FOXBusiness| Markets
… one of the healthiest banks in the United States and I would argue and I know it's open to a lot of discussion that both CitiCorp , that portion of Citi Group which is going to continue and Bank of America, are very strong American banks. You know, these …
Story|09/14/2009
Citi Sells $1.3 Billion In Credit Card Assets
| MarketWatch Pulse| Markets
… optimize the assets and businesses within Citi Holdings while working to generate long-term profitability and growth from Citicorp , which comprises its core franchise," the bank said in a statement. Citi will continue to service the card portfolios through …
Story|08/31/2009
Citigroup Reports Earnings of $4.3B in Second Quarter
| FOXBusiness| Markets
… 11.9% in the previous period. The results reflected Citi’s realignment into two main segments, Citicorp and Citi Holdings. Citicorp “will be the source of Citi’s long-term profitability and growth,” Pandit said in the press …
Story|07/17/2009
Barclays Raises Citi Second-quarter Loss Estimate
| MarketWatch Pulse| Markets
… Federal Deposit Insurance Corp. special assessment fee of $850 million, Barclays said. "In the second quarter, we expect Citicorp to be profitable, and Citi Holdings to continue to post an operating loss. This will be the first quarter the two are reported …
Story|07/13/2009
Citigroup to Deploy $36.5B to Boost Lending
Associated Press| Markets
… billion -- its fifth straight quarterly deficit -- and announced that it would be splitting into two parts. One portion, Citicorp , will focus on traditional banking around the world, while the other, Citi Holdings, will manage the company's riskier …
Story|02/03/2009
Citigroup's Realignment Plans Take Shape
| FOXBusiness| Markets
… announced Tuesday a realignment of the leadership teams in Citicorp and Citi Holdings in a step toward the companyâ s plan to split ..... Alternative Investments. The management at the other primary Citicorp business, Regional Consumer Banks -- which provides traditional …
Story|01/27/2009
The U.S. Mega Bad Bank « Emac's Stock Watch
Emac's Stock Watch
… of what is to come. As Fox Business first reported starting in November, Citigroup has split into Citicorp and Citi Holdings, with Citicorp a return to its roots as a deposit taking bank, and Citi Holdings housing its bad assets. With this …
Blog|01/23/2009
