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| | | ... taxpayers' money as the financial crisis progresses. The big three US carmakers are next in line. Given Washington's response to Citi, they too would certainly get their handouts. Whether taxpayers' like it or not, the US authorities have no other option ... |
| | | | ... institution went belly up before it did, then it too would probably be receiving government largesse. But it was not to be. Citi should be grateful to Lehman and not the US government for its bail-out. For had Lehman not showed them the way, Citi too ... |
| | | | The Australian sharemarket is expected to open stronger after European and US markets rallied on the back of a US government promise to protect banking giant Citigroup and the release of a STG20 billion ($A47.05 billion) economic stimulus package in ... |
| | | | Wall Street was at first content to wait while the G20 Generals fiddle but Citigroup's announcement of a 53,000 reduction in its workforce brought home the point that Main Street is roasting. After initially fluctuating between both sides of zero, the ... |
| | | | The Australian sharemarket is expected to open in the red after US stocks fell overnight. At 0703 AEDT, the December Share Price Index futures contract on the Sydney Futures Exchange was down 46 points at 3,650. In news today, the Reserve Bank of Australia ... |
| | | | ... "It's about making sure we're here," he said, to compete against the four major banks. Between 90 per cent and 95 per cent of Citi's mortgage customers are sourced through brokers. The bank deals with most aggregator groups, though not Aussie Home Loans ... |
| | | | Northward Capital has been awarded The Citi Golden Calf Award for the best emerging fund manager. The firm was set up by former Insurance Australia Group (IAG) co-heads of equities, Darren Thompson and Simon Rutherfurd in November last year. The Northward ... |
| | | | ... errors and reduce post-trade operational risks. Electronic trading platform Yieldbroker, which counts the Commonwealth Bank, Citi and JPMorgan as clients, will now link its platform with Omgeo's trade confirmation service, Omgeo OASYS GlobalSM. The move ... |
| | | | The Australian share market is expected to open weaker today as US Stocks dropped up to seven per cent overnight. At 0739 AEDT, the December Share Price Index futures contract on the Sydney Futures Exchange was down 191 points at 3,968. In economic ... |
| | | | The Australian share market is expected to open in negative territory today as US Stocks fell in late trading. At 0752 AEDT, the December Share Price Index futures contract on the Sydney Futures Exchange was down 126 points at 4,211. In economic news ... |
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