The U.S. pay czar on Friday issued his latest crackdown on bailout recipients, ruling that cash salaries will be mostly limited to $500,000 for the next tier of top earners.
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.
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.
Quicksilver Gas Services LP said its offering of 4 million limited partner units was priced at $21.10 a piece, a 5 percent discount to the stock's close on Thursday.
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.
The Obama administration's pay czar plans to announce on Friday his next wave of rulings as bailout recipients struggle to get out from under his thumb.
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.
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.
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.
Citigroup Inc is talking to the U.S. government about paying back its bailout money, but it is not clear if a deal is imminent, a person familiar with the matter said on Thursday.
Citigroup Inc is planning to sell roughly $15 billion of common shares to help repay funds borrowed under the Troubled Asset Relief Program, people briefed on the matter said on Thursday.
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.
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.
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.
Citigroup Inc's negotiations to exit TARP are uncertain, but headed in the right direction, a U.S. Treasury official told television network CNBC.
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.
Stock index futures rose on Thursday as investors awaited weekly data that will provide a measure of the health of the jobs market.
Citigroup Inc's negotiations to exit TARP are uncertain, but headed in the right direction, a Treasury official told television network CNBC.
Stock index futures rose on Thursday as investors awaited weekly data that will provide a measure of the health of the jobs market.
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.
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.
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.