Citigroup, Big Banks | featured news

Treasury announces plans for first Citigroup sale

The Treasury Department said Monday that it plans to sell up to 1.5 billion shares of Citigroup stock, its latest move to unwind the support it provided big banks during the financial crisis....

 

Citigroup earns $4.4B in 1Q as trading rebounds

Citigroup earns $4.4B in 1Q as trading rebounds

Citigroup Inc. provided more evidence that the nation's big banks may have turned a corner. The bank reported a surprise first-quarter profit Monday as trading revenue offset losses from failed loans....

 

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