C News 47.28 05/30/2014 04:32:05 Citigroup Inc (C)

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Citigroup Inc (C) 47.28 $C

Cubed names Paul Turino as Chief Operating Officer
M2 - 1 hr 25 mins ago
Cubed Inc (OTCQB: CRPT), the owner and operator of the IP related to the Get CUBED mobile-first platform, announced on Thursday the appointment of Paul Turino as chief operating officer of the company, which was approved by its board of directors on 27 May 2014.

This 149-Bagger Has Bought DuPont, Citigroup, and Delta Air Lines
Selena Maranjian, The Motley Fool - Motley Fool - Thu May 29, 5:24PM CDT
The latest 13F season is here, when many money managers issue required reports on their holdings. It can be worthwhile to pay attention, as you might get an investment idea or two by seeing what some major investors have been buying and selling. ...

Wells Fargo's Legal Woes Persist - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu May 29, 3:00PM CDT
The U.S. District Judge, Otis Wright II in Los Angeles rescinded the bid filed by Wells Fargo & Company (WFC) regarding the dismissal of a lawsuit charged against the bank by Los Angeles City.

Midday Glance: Banks companies
AP - Thu May 29, 12:25PM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 1 p.m.:

Mexico arrests businessman in Citigroup fraud case
AP - Thu May 29, 11:28AM CDT
MEXICO CITY (AP) — Mexican prosecutors have filed fraud charges against a businessman linked to a $400 million loss at Citigroup's Mexican bank subsidiary.

Early Glance: Banks companies
AP - Thu May 29, 9:51AM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 10 a.m.:

Dismal 1Q Earnings for FDIC-Insured Banks - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu May 29, 9:40AM CDT
Federal Deposit Insurance Corporation (FDIC)-insured commercial banks and savings institutions reported first-quarter 2014 earnings of $37.2 billion, lagging the year-ago earnings of $40.3 billion by 7.6%.

Hedge Fund Assets to Double to $5.8 Trillion by 2018, Driven by Diversity and Focus of Offerings: Citi Investor Services Survey
Business Wire - Thu May 29, 9:05AM CDT
The hedge fund industry has survived the global financial crisis, diversified its offerings beyond its traditional investor bases, and is currently in a phase of optimizing its business operations and offerings, according to Citi Investor Services' 5th Annual Industry Evolution survey.

Citi Names Richard Banziger Head of Citi Commercial Bank in the U.S.
Business Wire - Thu May 29, 9:00AM CDT
Citi today named Richard Banziger Head of Citi Commercial Bank in the U.S. A 30-year veteran of Citi's Institutional Clients Group, Banziger will lead the bank's expanding middle-market banking business across the country. He replaces Will Howle, who was named Head of Citi's U.S. Retail Bank in April. Banziger, who will begin his new role at the end of June, will report to Jane Fraser, CEO of Citi U.S. Consumer and Commercial Banking and CitiMortgage, and Sunil Garg, Head of Citi Commercial Bank globally.

Will This Downgrade Have A Negative Impact On DSW (DSW) Stock Today?
at The Street - Thu May 29, 8:24AM CDT
DSW (DSW) was downgraded to 'neutral' from 'buy' at Citigroup (C) on Thursday.

The Little Known Way Bank of America Corp Is Topping Wall Street
Patrick Morris, The Motley Fool - Motley Fool - Thu May 29, 7:45AM CDT
Think you know everything about Bank of America ? It's just a collection of industry-lagging and risky businesses, right? Dead wrong. The surprising lead At a recent conference, the head of corporate and investment banking at Bank of America,...

Most active New York Stock Exchange-traded stocks
AP - Wed May 28, 5:02PM CDT
NEW YORK (AP) — A look at New York Stock Exchange 10 most-active stocks at the close of trading:

Final Glance: Banks companies
AP - Wed May 28, 5:02PM CDT
NEW YORK (AP) — Shares of some top banks companies were mixed at the close of trading:

BofA Gains on Resubmission of Capital Plan - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed May 28, 4:58PM CDT
Shares of Bank of America rose 3.4% on Tuesday following the news of resubmission of its capital plan.

Nordstrom Looks To Be Latest To Leave Credit Business
at Investor's Business Daily - Wed May 28, 12:46PM CDT
Upscale department store Nordstrom (JWN)is reportedly looking for potential buyers for its private-label credit card portfolio. Joining fellow retailers Macy's (M) and Target (TGT) in unloading namesake store credit cards to banks, the upscale...

5 Stocks Insiders Love Right Now
at The Street - Wed May 28, 12:19PM CDT
Insiders at these companies have been scooping up shares of their own stocks lately.

Why Are Banks Not Lending Their $1.8 Trillion Cash Hoard?
Jay Jenkins, The Motley Fool - Motley Fool - Wed May 28, 12:10PM CDT
The Dow Jones Industrial Average was down about 23 points as of 1:05 p.m. EDT Wednesday . The blue-chip index has rocketed higher over the past few years at breakneck speeds. Many pundits today question just how much longer this streak can...


US bank earnings decline 7.7 percent in 1Q
By MARCY GORDON - AP - Wed May 28, 10:14AM CDT
WASHINGTON (AP) — U.S. banks' earnings declined 7.7 percent in the January-March quarter from a year earlier, as higher interest rates dampened demand for mortgage refinancing and reduced banks' revenue from the mortgage business.
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