Ameriquest closes, Citigroup buys mortgage assets
445039
Ameriquest Mortgage Co, the largest  U.S. subprime lender as recently as 2005, is closing, the  latest home loan provider to shut down amid the nation&#39;s  housing market slump.
430983
After the write-downs and the stake sales, Citigroup is still looking for additional capital. So the wounded financial giant may be turning to the next option: selling some of its private equity portfolios. PE Hub's Dan Primack reported Wednesday that Citi is in talks to sell $1.4 billion worth of two portfolios. One is $1 billion [...].
688200
A consortium led by Citigroup Inc.   has won final regulatory approval for its $3.1 billion  purchase of 85.6 percent of Guangdong Development Bank (GDB),  the China Banking Regulatory Commission said on Monday, paving  the way for a restructuring of the troubled southern China  lender.
140046
General Electric Co. agreed to buy a Citigroup business that provides lending and leasing services to the trucking industry for $4.4 billion in cash to build its commercial finance unit in areas where it already has expertise.
375189
Hibernia Corp., the holding company for Hibernia National Bank, said Thursday that it signed a letter of intent to sell its $10 billion, third-party residential mortgage servicing portfolio to a unit of Citigroup Inc.
121534
Badly bruised by the sharp downturn in the housing market, Citigroup is bringing together all of its mortgage-related activities under one roof.
539998
Citigroup Inc  is selling or  closing some retail branches and consumer finance operations in  Asia, Europe and Latin America to focus on more profitable  businesses, the Wall Street Journal reported on Tuesday.
536126
Citigroup wrote off a colossal $18.1  billion on Tuesday and secured new capital as Merrill Lynch,  also seen heading for big losses due to the U.S. subprime  mortgage meltdown, announced a $6.6 billion shot in the arm.
398002
NEW YORK (CBS.MW) -- CitiFinancial, a unit of Citigroup, said Monday it had agreed to sell its Dallas- and Toronto-based Transportation Finance Business to GE Commercial Finance.
572309
Citigroup Inc  is selling or closing some retail branches and consumer finance operations in Asia, Europe and Latin America to focus on more profitable businesses, the Wall Street Journal reported on Tuesday.
118278
Citigroup Inc., the world&#39;s largest bank, was forced to close its private banking operations in Japan after the nation&#39;s financial regulator reported it had found &quot;serious&quot; breaches.
409016
Citigroup Inc. led shares of financial services stocks lower Monday after Japanese regulators ordered the company to close down its private-banking operations, a move that triggered a downgrade from a major Wall Street brokerage.
295302
Citigroup  was cleared of insider trading charges on Thursday by an Australian court, which ruled the U.S. bank's "Chinese Walls" were not breached when it traded shares in a company it knew was a takeover target.
335488
Citigroup Inc , the largest U.S. bank, may eliminate 17,000 to 24,000 jobs and write off as much as $24 billion for subprime and other credit losses, as part of a plan to cut costs and add capital, CNBC television said on Monday.
268513
Japan on Friday ordered Citigroup Inc. (CN: Quote, Profile, Research) to close its Japanese private banking offices after uncovering a series of
207432
For Edward S. Lampert, it appears the bloom is off the rose at Citigroup. The billionaire investor disclosed on Thursday that he has sold off more than 30 percent of his holdings in the struggling financial giant. RBS Partners, a hedge fund he controls, now holds about 19.1 million shares in Citi as of Dec. 31, [...].
378806
Citigroup said Monday it agreed to sell its truck-financing business to GE Commercial Finance for $4.4 billion, concluding a recent spate of divestitures in its leasing operations.