. . . .. You can pause intro music down below. Three Men Arrested In Connection With Rigging Interbank Lending Rate . Piggybankblog posted on 12/11/12 Cross linked with Huffington Post Three men were arrested on Tuesday in connection with an investigation into the rigging of the interbank lending rate Libor, the Serious Fraud Office [...]
+Continue Reading. . . . Pause intro music down below. Headaches For Citigroup, Bank Of America Confident . Piggybankblog posted on 12/05/12 Cross linked with seekingalpha.com Last month the Fed released the rules for its upcoming stress test creating headaches for Citigroup (C), while executives at Bank of America (BAC) remain confident. Both the banks have [...]
+Continue Reading. . . . . You can pause intro music down below. Citigroup to pay former executives $15.5 million each . Piggybankblog posted on 11/09/12 Cross linked with gnom.es.com (NEWS.GNOM.ES) – Citigroup said it will pay $15.5 million to Vikram Pandit, its former chief executive who resigned from company last month, as well as to [...]
+Continue Reading. . . .. You can pause intro music down below. ikram Pandit Resigns: Citigroup CEO To Be Replaced By Michael Corbat . Piggybankblog posted on 10/16/12 Cross linked with huffingtonpost.com Vikram Pandit is resigning as CEO of Citigroup, the company announced in a press release Tuesday. He will be replaced by Michael Corbat, previously [...]
+Continue Reading. . . . You can pause intro music down below Long toxic, mortgages now seen boosting U.S. bank results . Piggybankblog posted on 09/28/12 Cross linked with reuters.com (Reuters) – One of the few businesses working well for the biggest banks these days is the same one that got them in trouble just five [...]
+Continue Reading. . . .. You can pause intro music below. Big lenders are back in court to fight AG’s foreclosure lawsuit . Piggybankblog posted on 09/25/12 Cross linked with bzjournals.com Seeking to have the remaining civil charges against them dismissed, five large national mortgage lenders and the Mortgage Electronic Registration System confronted state prosecutors in [...]
+Continue Reading. . . . You can pause intro music below Citigroup settles shareholder CDO lawsuit for $590 million . Piggybankblog posted 08/29/12 Cross linked with reuters.com By Jonathan Stempel NEW YORK (Reuters) – Citigroup Inc agreed to pay $590 million to settle a shareholder lawsuit accusing it of hiding tens of billions of dollars of [...]
+Continue Reading. . . . You can pause intro music down below Bank scandals: Somebody must go to jail . Piggybankblog posted on 08/18/12 Cross liked with San Francisco Chronicle. “I believe that banking institutions are more dangerous to our liberties than standing armies.” – Thomas Jefferson, 1816 When Thomas Jefferson spoke those words, banks were [...]
+Continue Reading. . . . . . You can pause intro music down below Ex-Citi chief Weill urges bank break-up . Piggybankblog posted on 07/25/12 Piggybankblog posted picture Cross linked story with abcnews.go.com Former Citigroup chairman and chief executive Sandy Weill thinks Wall Street should break up its big banks in an effort to regain the [...]
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