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| | | ... and China, and a strong reading from a New York regional economic activity indicator. But a poor earnings report from Citigroup spilled over to affect other bank shares and held back the bulls overall. After jumping more than one percent in early trade ... |
| | | | ... for all clients in the western hemisphere. Prior to this Kelley was managing director and regional business head of Citigroup's securities and fund Services Europe, Middle East and Africa division. "Mark brings more than 20 years of financial services ... |
| | | | ... week. Bank stocks led the market higher, reflecting traders' optimism about Europe's progress toward solving its crisis. Citigroup Inc. rose 3.7 per cent, Morgan Stanley 3.1 per cent and JPMorgan Chase & Co. 3 per cent. Banks have been weighed down for ... |
| | | | ... that Europe is getting a grip on the crisis. Bank of America added two per cent, JPMorgan Chase jumped 6.1 per cent, Citigroup was up 4.4 per cent and Morgan Stanley soared seven per cent. In the tech space, Zynga said it plans to raise up to $1.15 billion ... |
| | | | ... true this week when the agency house downgraded the ratings of 37 major US banks, including Goldman Sachs, Wells Fargo, Citigroup, JPMorgan Chase, Morgan Stanley and Bank of America, by one notch. Meanwhile, Macquarie Group had its long-term rating downgraded ... |
| | | | Standard & Poor's has downgraded the ratings of major US banks, including Goldman Sachs, Wells Fargo, Citigroup, JPMorgan Chase, Morgan Stanley and Bank of America, by one notch. The ratings agency said it reviewed its ratings on 37 of the world's largest ... |
| | | | ... 25% of bond trading revenue in some trading firms, an outcome that itself could undermine bond markets. Vikram Rai, a Citigroup credit strategist, said the problem is the list of bonds that are exempted from the restrictions is too narrow, reported the ... |
| | | | ... on a disappointing earnings report from Wells Fargo and doubt over accounting moves that produced solid returns for Citigroup. Wells Fargo lose 8.4 per cent and Citigroup fell 1.7 per cent. JPMorgan Chase, which spruced up its earnings with the same ... |
| | | | ... to 2,538.19. Aside from the Fed's measures, Moody's downgraded three top US banks - Bank of America, Wells Fargo and Citigroup - as it sees the US government less willing than before to rescue them if they become unstable. RBS Morgans client adviser ... |
| | | | ... market. Traders also digested a series of Moody's downgrades on three top US banks - Bank of America, Wells Fargo and Citigroup - saying it saw the US government less willing than before to rescue them if they become unstable. The bond market rallied ... |
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