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Breaking News Thu, 13 Dec 2012
Citigroup and BB&T: Bernanke's Money Printing Winners & Losers
CNBC
| Citigroup was the winner among the largest U.S. financial names on Wednesday, with shares rising nearly 1.5 percent to close at $37.53. | The broad indexes ended mixed after the Federal Reserve Open Market Committee (FOMC) announced that after cent...
TEXT-Fitch affirms Citibank Korea at 'A-'; outlook stable
Reuters
| Dec 13 - Fitch Ratings has affirmed Citibank Korea's (CKI) Long-Term Issuer Default Rating (IDR) at 'A-'. The Outlook is Stable. Fitch has also affirmed CKI's Viability Rating (VR) at 'bbb+'. A full rating breakdown is provided below. | CKI's IDRs ...
LDK Solar hires Citigroup for help on liquidity plan
The Business Review
San Francisco Business Times by Steven E.F. Brown, Web Editor | Date: Wednesday, December 12, 2012, 1:54pm PST | Web Editor- San Francisco Business Times | Troubled solar power equipment maker LDK Solar Co. hired to help it improve its financial situ...
Citigroup: Bernanke's Money Printing Winner
The Street
| The broad indexes ended mixed after the Federal Reserve Open Market Committee (FOMC) announced that after central bank's current program of purchasing $45 billion in long-term U.S. Treasury Securities each month while selling an equivalent amount o...
Citibank in Turkish unit talks with Lebanon's Audi
Reuters
| ISTANBUL Dec 10 (Reuters) - Citigroup is in talks with Lebanon's Audi Bank on the sale of its consumer banking unit in Turkey, part of the U.S.-based bank's plan to rationalise its global businesses, senior banking sources said. | Audi's Turkish un...
RI priority despite global job cut: Citibank
Jakarta Post
| Paper Edition | Page: 13 | Citibank Indonesia has reassured its banking stakeholders in Indonesia that the company remains committed to expanding its business in Indonesia despite a major consolidation measure recently unveiled by its US parent com...
Inside Citigroup's 2013 Precious Metals Outlook
Seeking Alpha
| By Jared Cummans | As 2012 nears its close, investors are beginning to look toward a new year, one that will hopefully be less volatile for the commodity world. The precious metals world, in particular, saw a fair amount of volatility throughout th...
Banking
Sweden's Finance Minister Anders Borg smiles as he arrives for a EU Finance Ministers meeting at the EU Council in Brussels, Tuesday, July 7, 2009.
(photo: AP / Geert Vanden Wijngaert)
Sweden unlikely to join EU banking union - Borg
The Guardian
| STOCKHOLM (Reuters) - Sweden is unlikely to join a proposed European Union banking union for the foreseeable future, but might not block its creation for other countries if certain safeguards are met Finance Minister Anders Borg said on Tuesday. | Borg told reporters that Sweden was concerned about voting rights in the European Banking Authority ...
Finance
ARCHIV: Eine rote Ampel leuchtet in New York (USA) vor dem Gebaeude der Ratingagentur "Standard & Poor's" (S&P) (Foto vom 09.12.11). Die CSU fordert eine Verschaerfung der Regeln fuer Ratingagenturen ueber die bereits getroffenen EU-Beschluesse hinaus.
(photo: AP)
Standard & Poor's puts UK's AAA rating on negative watch
Star Tribune
| LONDON - The Standard & Poor's rating agency has put Britain's AAA long-term credit rating on negative watch because of fears that economic growth over the next two years could be weaker than forecast. | S&P; said Thursday that it believed that many of the factors that have held back UK economic growth will persist. The agency added, "we continue ...



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