iOS app Android app

Citi

Big Bank May Pay $7 Billion Over Sketchy Mortgages

Reuters | Posted 07.09.2014 | Business

By Karen Freifeld and Aruna Viswanatha NEW YORK/WASHINGTON, July 8 (Reuters) - Citigroup Inc is close to paying about $7 billion to r...

Feeling the Burn: How a Switch from Oil to Affordable Solar Can Electrify Africa

Erica Mackey | Posted 07.22.2014 | Impact
Erica Mackey

This week, Off.Grid:Electric, a company which delivers clean energy to people in developing countries, was recognized with the 2014 Citi Ashden Award ...

Citigroup Reaches Massive Settlement Over Sketchy Practices

AP | Posted 06.08.2014 | Business

NEW YORK (AP) — Citigroup has agreed to pay $1.13 billion to settle claims by investors seeking that the lender buy back billions in residential mor...

Big Bank Faces Massive Criminal Investigation

Reuters | Posted 06.03.2014 | Business

April 3 (Reuters) - Federal authorities have opened an investigation into a $400 million fraud involving Citigroup's Mexican unit, the New York Tim...

Zach Carter

WATCH: This Guy Spilled Bags Of Money At A Political Fundraiser To Make A Point About Derivatives

HuffingtonPost.com | Zach Carter | Posted 12.16.2013 | Politics

Letting a Wall Street lobbyist write your legislation is a surefire way to catch flak from campaign finance watchdogs. Rep. Jimes Himes (D-Conn.) lear...

Innovation Is The Key To Change In These Major Cities

Posted 02.26.2014 | Business

For the first time in human history, 50 percent of the world's population lives in cities. The United Nations estimates that by 2050, two in three hum...

If Your City Could Talk, What Would It Say?

Zia Yusuf | Posted 01.23.2014 | Business
Zia Yusuf

Cities are epicenters of creativity, innovation, adventures, energy, and life. They're moving, breathing, and living. Cities have a heart, personality, and looks. But a city lacks one thing: a voice. Thanks to the Internet of Things, this is quickly changing.

Zach Carter

Wall Street Deregulation Likely To Attract Bipartisan Support

HuffingtonPost.com | Zach Carter | Posted 10.01.2013 | Politics

WASHINGTON -- When the drama surrounding a government shutdown abates, the House of Representatives expects to take up legislation to expand taxpayer ...

Ben Hallman

Bailed Out Bank Has Dirty Little Tax Secret

HuffingtonPost.com | Ben Hallman | Posted 11.11.2013 | Business

In 2008, Citigroup was an ailing financial giant on the verge of collapse, an event only averted, most economists agree, by a huge emergency infusion ...

Fountain Gallery Raises Funds, Boosts Artists with Mental Illness

Jim Luce | Posted 08.17.2013 | New York
Jim Luce

It was raining. Torrents. But the atmosphere was anything but damp at a recent fundraising wingding where I joined in a high-spirited soiree featuring...

Citi Settles Massive Mortgage Lawsuit

Reuters | Posted 07.28.2013 | Business

* Federal Housing Finance Agency agrees to dismiss lawsuit * Agency will not say how much Citi will pay * Agency still i...

Congress Still Puts Out for Wall Street

Robert Scheer | Posted 07.27.2013 | Politics
Robert Scheer

Not content with having swindled tens of millions of Americans out of their homes and life savings, the very bankers who caused the biggest economic catastrophe since the Great Depression are now subverting government regulations designed to prevent comparable disasters in the future.

Good Governance Requires Dimon to End Dual Roles at J. P. Morgan Chase

Frank Vogl | Posted 07.12.2013 | Business
Frank Vogl

Breaking up the biggest banks because they are perceived as "too big to fail" is unrealistic. What is needed, however, are improvements in the transparency and the accountability of governance in these institutions.

Shahien Nasiripour

Citi Reports 30 Percent Jump In Profits

HuffingtonPost.com | Shahien Nasiripour | Posted 04.15.2013 | Business

BOSTON -- Citigroup reported a first-quarter profit of $3.8 billion, a 30 percent surge from last year as the bank’s securities and trading operatio...

Need to Start the Small Business Engines

Ed Crego, George Muñoz and Frank Islam | Posted 06.27.2013 | Small Business
Ed Crego, George Muñoz and Frank Islam

"Struggle" seems to be the operative word for the condition of small business today. Is there anything that can be done to help them in that struggle?

Zach Carter

Lew Dodges Citigroup Questions At Confirmation Hearing

HuffingtonPost.com | Zach Carter | Posted 02.13.2013 | Politics

WASHINGTON -- Jack Lew, President Barack Obama's nominee for Treasury Secretary, maneuvered around questions during a Wednesday confirmation hearing a...

Eleazar David Melendez

Citigroup Blames Gloomy Earnings On Fiscal Cliff, But Analysts Are Unconvinced

HuffingtonPost.com | Eleazar David Melendez | Posted 01.18.2013 | Business

The top management at Citigroup gave a dour view Thursday on the path the U.S. economy would take in 2013, saying it wasn't sure that positive trends ...

Citigroup Investors Cheer Massive Layoffs, Hope For More

The Huffington Post | Mark Gongloff | Posted 12.06.2012 | Business

If you're one of the lucky 11,000 employees whose holidays just got ruined by Citigroup, here's some cold comfort: You'll have company soon enough. ...

The Fed Just Handed Citi A HUGE Problem

The Huffington Post | Mark Gongloff | Posted 11.16.2012 | Business

This year has just been one headache after another for Citigroup, and the Federal Reserve has made it more likely that Citi kicks off 2013 with a migr...

The 1 Revealing Takeaway From The Citi/Facebook Debacle

The Huffington Post | Mark Gongloff | Posted 10.26.2012 | Business

The Facebook IPO debacle continues to cost money and scalps. And, once again, as with every Wall Street scandal, dumb emails are involved. Thank you, ...

Citigroup CEO's Ouster Reportedly Planned For Months

The New York Times | JESSICA SILVER-GREENBERG and SUSANNE CRAIG | Posted 10.26.2012 | Business

Once he became chairman, Michael O’Neill meticulously built a case for Vikram Pandit’s ouster, drawing in one person after another until Mr. Pandi...

Mark Gongloff

Vikram Pandit's Departure The Latest In A String Of CitiDebacles

HuffingtonPost.com | Mark Gongloff | Posted 10.16.2012 | Business

Vikram Pandit's abrupt tumble from atop Citigroup is the latest example of the bank's transformation from the model of big-tent banking into a dysfunc...

What's in Your Wallet? Hopefully Your Share of the National Mortgage Settlement

Adam Levin | Posted 11.07.2012 | Money
Adam Levin

Hell has frozen over! After years of lawsuits and investigations by federal and state law enforcement agencies mortgage servicers are finally being forced to repay some of the billions of dollars they stole from American consumers. Unfortunately, the timing couldn't be worse.

The Secret to Interviewing for a New Job

Women & Co | Posted 11.06.2012 | Women
Women & Co

What questions do you ask on an interview to determine if the position and company are a good fit for you?

U.S. Employers Help to Pave a New Beginning for Military Vets

Ellen Galinsky | Posted 09.29.2012 | Impact
Ellen Galinsky

The media headlines reflect a bleak reality for returning vets: "As Wars End, Young Veterans Return to Scant Jobs".These reports are echoed by employm...