CITIGROUP

Morgan Stanley said fourth-quarter shareholder profit surged 60 percent as rising fees from wealth management offset the weak fixed-income trading results that have marred its competitors earnings.

Michelle Obama asks American students to study in China, stressing the need for competitiveness and cooperation

Citizens for Responsibility and Ethics in Washington (CREW), a non-profit watchdog, has claimed that they have uncovered documents that reveal association of Wall Street investors with high-ranking Education officials to craft regulations, allowing them access to net millions of dollars through the short sale of for-profit college stocks.

Mergers and acquisitions activity in sub-Saharan Africa surged to a record $44 billion in 2010, double the value of a year earlier, Thomson Reuters data showed on Wednesday.

Gold rallied for a third consecutive session on Wednesday, boosted by broad weakness in the dollar and robust Asian consumer demand, while anticipation of more resilient global growth took platinum to 30-month highs.

US stocks traded mixed in early trade on Wednesday, following mixed earnings from financial heavyweights Goldman Sachs and Wells Fargo and a government report showed that U.S. housing starts fell more than expected in December.

Citigroup Inc named investment bank chief John Havens president and chief operating officer on Wednesday, expanding its most senior level of executives and elevating a long-time friend of Chief Executive Officer Vikram Pandit.

Futures on major U.S. indices point to a lower opening on Wednesday after Goldman Sachs reported a decline in quarterly profit and a government report showed that U.S. housing starts fell more than expected in December.

Citigroup Inc named investment bank chief John Havens president and chief operating officer on Wednesday, expanding its most senior level of executives and elevating a long-time adviser to Chief Executive Officer Vikram Pandit.

Stock index futures were little changed on Wednesday as investors awaited results from Goldman Sachs Group and Wells Fargo after financial stocks fell in the previous session on disappointing results from Citigroup.

Citigroup Inc plans to name John Havens as president and chief operating officer as part of a structural overhaul to address the bank's efforts to expand, the Wall Street Journal said.

Futures on major U.S. indices point to a flat opening on Wednesday ahead of quarterly earnings from top investment bank Goldman Sachs and key housing data due to be released before market opens.

The BSE Sensex nudged up 0.2 percent on Wednesday powered by metal producers on firm world metal prices, but trading was choppy reflecting investor concern about inflation and a looming rate rise.

Tata Steel has raised 5.08 billion rupees ($111.8 million) from anchor investors at the upper end of an indicated price range ahead of a public share offering, reflecting investor optimism in the company's prospects in India's fast-expanding economy.

Washington Mutual Inc could be out of bankruptcy in March after reworking its recently rejected plan of reorganization, the attorney overseeing the company's bankruptcy said on Tuesday.

U.S. stocks climbed modestly higher, despite some negative developments with market behemoths Apple Inc. (Nasdaq: AAPL) and Citigroup (NYSE: C).

A steep drop in bond trading revenue pushed Citigroup Inc's fourth-quarter profit far below expectations, casting doubt over Chief Executive Vikram Pandit's claim that the bank had turned the corner.

US stocks traded mixed in early trade on Tuesday following weaker-than-expected earnings from Citigroup, while declines in Apple shares dragged technology-heavy Nasdaq lower.

Citigroup Inc posted a $1.3 billion quarterly profit on Tuesday, as the third-largest U.S. bank rounded off a year of recovery from the financial crisis, but the results fell short of estimates and the bank's shares fell.

The S&P and Nasdaq dipped on Tuesday after Citigroup's quarterly results missed estimates and Apple's Chief Executive Steve Jobs took another medical leave.

A sharp drop in bond trading revenue pushed Citigroup Inc fourth-quarter profit far below expectations, highlighting Chief Executive Vikram Pandit's challenges in fully reviving the bank.