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Citigroup laid out a plan to repay the money it owes the U.S. government, including issuing about $20 billion of capital, as the bank looks to end the executive pay restrictions that came with the funds.

Citigroup laid out a plan to repay the money it owes the U.S. government, including issuing about $20 billion of capital, as the bank looks to end the executive pay restrictions that came with the funds.

Citigroup laid out a plan to repay the money it owes the U.S. government, including issuing $17 billion of stock immediately, as the bank looks to end the executive pay restrictions that came with the funds.

Prudential Financial Inc's sale of its stake in a brokerage joint venture is on schedule to close next month and is expected to give its capital position a significant lift, the company said on Thursday.

Prudential Financial Inc's sale of its stake in a brokerage joint venture is on schedule to close next month and is expected to give its capital position a significant lift, the company said on Thursday.

Citigroup Inc is talking with the U.S. government about paying back its bailout money, but it is not clear whether a deal is imminent, a person familiar with the matter said on Thursday.

Citigroup Inc's negotiations to repay its government bailout money might not be resolved until after the holidays, CNBC said on Thursday, citing a U.S. Treasury official.

Selling Saab, Partially; Loans Outlook from Wells Fargo; McD's Nov Sales Slip

Wells Fargo & Co , one of the few major banks that has yet to return bailout funds to the U.S. government, still plans to return its $25 billion as soon as practical, but Chief Executive John Stumpf at a conference on Tuesday did not give any more details.

Wells Fargo (WFC) CEO John Stumpf said on Tuesday that he expects to see opportunities for growth auto, commercial and small business loans next year.

Bank of America Corp will sell nearly $19 billion in equity later on Thursday amid strong investor interest as it races to shed government regulatory curbs that have bedeviled its CEO search.

Bank of America Corp will sell nearly $19 billion in equity later on Thursday amid strong investor interest as it races to shed government regulatory curbs that have bedeviled its CEO search.

Wells Fargo & Co said on Tuesday that it would fold up 122 California branches due to its takeover of Wachovia Corp last year, the Los Angeles Times reported.

Independent oil and gas company Delta Petroleum Corp said it is exploring strategic alternatives, including a possible sale of the company.

Wells Fargo Investments LLC has agreed to repay about $1.3 billion to clients whose funds were frozen in the auction-rate securities market in the latest of a series of settlements with state securities regulators.

Moody's Investors Service on Wednesday upgraded its bank financial strength rating on Wells Fargo & Co by one notch, citing an improved capital position after the bank's earnings beat expectations.

Wells Fargo Investments LLC has agreed to repay about $1.3 billion to clients whose funds were frozen in the auction-rate securities market in a settlement with state securities regulators, an industry association said on Wednesday.

U.S. home builder sentiment held steady at a low level in November, according to a survey taken before the government extended a popular tax credit for first-time buyers.

U.S. home builder sentiment held steady at a low level in November, according to a survey taken before the government extended a popular tax credit for first-time buyers.

Some former bankers are planning to bid for failing banks in the Federal Insurance Deposit Corp auction process, and getting financial backing from Wall Street firms like Goldman Sachs Group Inc and Deutsche Bank AG , the Wall Street Journal reported citing sources.

Prudential Financial Inc , the No. 2 U.S. life insurer, said on Wednesday it had a third-quarter profit, reversing a year earlier loss, on record annuity sales and better performance in its investment portfolios.

Home equity lenders faced with losses from the U.S. property slump are holding out for more money in distressed sales, slowing transactions needed to support a recovery, real estate agents and analysts say.

U.S. Bancorp on Friday acquired nine banks held by FBOP Corp, picking up $18.4 billion in assets after regulators seized a major Los Angeles lender and eight other banks in the latest failures to emerge from the financial crisis.

Corporate spending is showing signs growth despite still low levels, the chief executive of American Express Co. said on Thursday.

American Express Co posted stronger-than-expected quarterly earnings on Thursday as the credit card company trimmed costs, consumer spending declined at a slower pace and credit losses were lower than forecasts.

U.S. stocks fell on Wednesday, hurt by a late sell-off in financial shares after an influential bank analyst recommended selling Wells Fargo shares and a wider-than-expected loss from Boeing disappointed investors.

U.S. stocks fell on Wednesday, hurt by a late sell-off in financial shares after an influential bank analyst recommended selling Wells Fargo shares and a wider-than-expected loss from Boeing disappointed investors.

Wells Fargo & Co and U.S. Bancorp posted earnings that trounced Wall Street expectations, helped by outsized revenue from underwriting mortgages.

U.S. stocks gained on Wednesday as results from banks, including Morgan Stanley, topped expectations, and on increased optimism about the technology sector's profit outlook.