CITIGROUP

Citigroup sued by Terra Firma over EMI deal

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Private equity firm Terra Firma sued Citigroup Inc, accusing the bank of fraud in connection with Terra Firma's purchase of music business EMI Group in 2007, court documents filed on Friday in New York showed.
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Citigroup sued by Terra Firma over EMI deal: report

Private equity firm Terra Firma sued Citigroup Inc, accusing the bank of fraud in connection with Terra Firma's purchase of music business EMI Group in 2007, court documents filed on Friday in New York showed.
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House closes in on financial reforms passage

The U.S. House of Representatives was expected to approve the biggest changes in financial regulation since the Great Depression on Friday, marking a win for the Obama administration.
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House poised to back financial rules overhaul

The House of Representatives was expected to approve the biggest changes in financial regulation since the Great Depression on Friday, marking a win for the Obama administration.
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Stock futures rise as data on consumer eyed

Stock index futures rose on Friday as investors awaited data that could provide a look at the health of the consumer, including reports on retail sales and consumer sentiment.
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Geithner: don't declare victory too soon in crisis

The U.S. economy is struggling against headwinds that mean the government must retain the ability to respond to unexpected crises, even as it starts to wind down emergency programs, Treasury Secretary Timothy Geithner said on Thursday.
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Don't declare victory too soon in crisis: Geithner

The U.S. economy is struggling against headwinds that mean the government must retain the ability to respond to unexpected crises, even as it starts to wind down emergency programs, Treasury Secretary Timothy Geithner said on Thursday.
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Citi-U.S. TARP deal not clearly imminent: source

Citigroup Inc remains locked in active negotiations with the government over the company's plans to repay federal bailout funds, and it is not clear whether any deal is imminent, a person familiar with the talks said on Thursday.
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Citi, Goldman among banks to meet Obama on Monday

Twelve major banks, including Citigroup Inc , Goldman Sachs Group Inc and JPMorgan Chase & Co , will participate in a White House meeting with President Barack Obama on Monday, an administration official said on Thursday.
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Wall Street set to rise after jobs and trade data

Wall Street was poised to open higher on Thursday after new claims for jobless benefits rose more than expected but the number of people seeking extended benefits fell, and a separate report showed the U.S. trade deficit unexpectedly narrowed.
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Citi could sell $20 billion of shares soon: report

Citigroup Inc plans to pay back TARP by raising money in an equity offering that could be announced as early as Thursday and could be some $20 billion, television network CNBC reported, citing sources.
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BofA finishes TARP repayment

Bank of America Corp fully repaid the U.S. government the $45 billion in aid it took during the height of the financial crisis, the company said on Wednesday.
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Citi could sell $20 bln of shares soon: report

Citigroup Inc plans to pay back TARP by raising money in an equity offering that could be announced as early as Thursday and could be some $20 billion, television network CNBC reported, citing sources.

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