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30 Jun 2008, 12:01 pm
The banking giant is planning on overhauling its bonus system, encouraging executives to focus more on how to best unite its sprawling investment banking, commercial banking and wealth management units, The Financial Times reported Monday. [read post]
13 Jan 2009, 4:51 am
But according to The New York Post and The Financial Times, it will also be expensive. [read post]
11 Dec 2009, 3:27 pm
Terra Firma, the private equity firm run by British financier Guy Hands, sued Citigroup in a New York state court on Friday over its 2007 takeover of EMI, an expensive deal made at the top of the private equity boom that has since soure [read post]
3 Apr 2009, 4:37 am
AMR Corporation's American Airlines is in early talks to raise cash from its credit card partner, Citigroup, by selling it frequent flyer miles, the Financial Times reported, citing people familiar with the matter. [read post]
22 Jan 2010, 2:40 am by By DEALBOOK
Highlighting the complicated ties that have arisen between the government and Wall Street since the bank bailout, President Obama's proposal Thursday to reign in some the largest financial institutions sent some of Uncle Sam's own share holdings down. [read post]
19 Mar 2009, 5:00 am
The Royal Bank of Scotland and Citigroup have canceled orders for private jets for top executives in the wake of the financial crash and a public backlash over corporate perks, French planemaker Dassault Aviation said on Thursday, according to Reuters. [read post]
17 Oct 2007, 4:37 am
According to Financial News, Citigroup is underwriting $8 billion in debt for the holding company, which will leverage the $2 billion of equity provided by KKR [...] [read post]
19 Aug 2013, 6:00 am by admin
Whether citing corruption, mismanagement, depopulation, the plight of the American auto industry, income inequality, or any of a host of other explanations, the bottom line for Detroit has been a financial catastrophe and inability to function that has resulted in the largest municipal Chapter 9 filing in America to date. [read post]
21 Jan 2011, 7:40 am by Securites Lawprof
The Special Inspector General for the TARP Program released, on Jan. 13, 2011, a Report on Extraordinary Financial Assistance Provided to Citigroup, Inc. [read post]
28 Mar 2024, 6:00 am by Public Employment Law Press
  List of Villages and Cities in Fiscal Stress - Municipalities in Fiscal Stress  List of Villages and Cities that Failed to File Financial Information - Municipalities that Failed to File or Inconclusive List  Complete List of Fiscal Stress Scores - Data Files  FSMS Search Tool - Tool  [read post]
28 Mar 2024, 6:00 am by Public Employment Law Press
  List of Villages and Cities in Fiscal Stress - Municipalities in Fiscal Stress  List of Villages and Cities that Failed to File Financial Information - Municipalities that Failed to File or Inconclusive List  Complete List of Fiscal Stress Scores - Data Files  FSMS Search Tool - Tool  [read post]
27 Mar 2012, 8:13 pm
FINRA says that Citigroup Inc. subsidiary Citi International Financial Services LLC must pay over $1.2M in restitution, fines, and interest over alleged excessive markdowns and markups on agency and corporate bond transactions and supervisory violations. [read post]
3 Feb 2010, 6:54 am by lawmrh
” In Plant City, Florida, by following the money, a crime will be solved. [read post]
2 Mar 2012, 7:50 am by Glenn Reynolds
Sky-high salaries and bonuses in the financial sector have generated justified indignation, but they have also provided a significant chunk of city and state tax revenues. [read post]
20 Feb 2008, 6:15 am
Last week, the state legislature and Governor Elliott Spitzer announced a plan to extend the New York Racing Association's exclusive franchise to operate Aqueduct, Belmont Park and Saratoga racetracks for an additional 25 years, together with a $105 million subsidy from the state and forgiving $125 million in debt owed by NYRA to the state.This week, in response to ongoing financial issues which were not addressed in the NYRA bailout, New York City Mayor Michael Bloomberg… [read post]
9 May 2012, 7:40 am by admin
  AFSCME members in nearby Illinois   It would set up a Financial Advisory Board to oversee the city’s restructuring, recommend cuts in services and appoint a chief financial officer (CFO). [read post]
8 Sep 2010, 7:00 am by Lucas A. Ferrara, Esq.
The City helped finance the sale of the threatened property's mortgage through the $750 million program Mayor Bloomberg announced in his 2010 State of the City address to assist tenants in physically and financially distressed multifamily buildings. [read post]
12 Jun 2023, 1:45 pm by Kalvis Golde
Virtually all of those indictments were for forging government IDs or tampering with financial records; none, Gonzalez explained, were “for conduct remotely like hers. [read post]
3 Nov 2008, 2:00 pm
On October 30, 2008, The Press of Atlantic City reported that new Ocean City, New Jersey Police Officers will make approximately $5,000 less under the contract that was recently approved by the PBA and city council. [read post]
27 Oct 2011, 1:49 pm by BCheung
If you are being audited by the SEC for securities fraud in New York City, call our securities fraud defense attorneys at (212) 577-6677. [read post]