After a year-long investigation, the U.S. may bring charges as early as Wed in JPMorgan London Whale matter.
Gold companies are expected to cut costs in coming years to cope with high operating costs amid lower gold prices.
Foreign banks in India will be able to set up more domestic operations because of financial regulations expected this week.
Citigroup shareholders had claimed in November 2007 that the bank misled shareholders about mortgage-backed assets.
UBS trimmed estimates for the ailing department-store chain's second-quarter sales, hours after Citi downgraded its stock to sell.
The struggling department-store chain was downgraded by Citi analysts.
Ford plans to drop $5B into its global pension program this year. Rising interest rates would help reduce its shortfall further.
The $950 million in tax payments comes under a deal signed between Swiss, UK, and Austrian governments.
Wells Fargo has overtaken China's ICBC as world's largest bank by market capitalization.
What's more, in the next 12 months, the nation's top banks stand to lose a cumulative $627 billion.
The Nigerian government failed to sell the banks in 2011 before the recapitalization deadline expired on each bank.
They may not be the household names you're used to, but here's a list of America's best banks.
Bryce Harper may have reached the final round of the 2013 Home Run Derby, but his father, Ron Harper, and his brother, Bryan Harper, stole the show.
Analysts predict an average but positive showing.
China's second-quarter GDP, U.S. June retail sales and Citigroup Inc. (NYSE: C) earnings painted a mixed global picture Monday.
U.S. stocks opened flat Monday as Citigroup Inc (NYSE: C) reported second-quarter earnings that beat expectations.
Investors will try to gauge the health of Q2 earnings from several key companies, which report Monday.
Jason A. Weisberg of Seaport Securities discusses China's second-quarter GDP, U.S. retail sales data and earnings from Citigroup Inc. (NYSE: C), Goldman Sachs Group Inc. (NYSE: GS) and Bank of America Corp. (NYSE: BAC).
Analysts predict a decent showing for the bank that only 4 years ago was on the brink.
Get ready for another quarter of weak earnings growth and low expectations.
Citi will pay the loans from its reserves, which it says will be topped up by $245 million when second-quarter earnings reports are due.
Citi is already present in other Middle Eastern countries, like Qatar, Kuwait and Egypt, but would be the first American bank in Iraq.