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Citigroup Incorporated

A collection of news and information related to Citigroup Incorporated published by this site and its partners.

Top Citigroup Incorporated Articles

Displaying items 13-24
  • Legg Mason earns $47.8 million in first quarter

    Legg Mason earns $47.8 million in first quarter
    Legg Mason Inc. reported better-than-expected earnings Thursday and its first quarter in years with more money flowing into its mutual funds than being withdrawn. The Baltimore-based money manager posted a $47.8 million profit in the quarter April...
  • Legg Mason to shutter London-based boutique

    Legg Mason to shutter London-based boutique
    Legg Mason Inc. announced Wednesday it would be shutting down its London-based emerging markets boutique and returning money to investors. Esemplia Emerging Markets manages $500 million in assets, not large enough to keep operating, Legg said. The firm,...
  • Unemployment scheme netted $340,000, prosecutors say

    Unemployment scheme netted $340,000, prosecutors say
    Not even being arrested on federal fraud charges and placed under strict house arrest could keep Amiee Arora from cooking up new schemes. The Washington man pleaded guilty Tuesday to a pair of plots — including one that netted him and a partner...
  • Legg Mason's flagship Value Trust fund no longer lagging

    Legg Mason's flagship Value Trust fund no longer lagging
    The Legg Mason Capital Management Value Trust fund is doing something not seen in years: It's beating the stock market. Under new manager Sam Peters, the fund is up 27.8 percent in the past 12 months, compared with 20.6 percent for the S&P 500 index....
  • Settlement's mortgage servicing standards now in effect

    Settlement's mortgage servicing standards now in effect
    On Tuesday, five of the nation’s largest mortgage servicers became obligated to follow 304 “servicing standards” laid out in a national mortgage settlement earlier this year. The settlement stemmed from allegations that the servicers...
  • NSA surveillance: What's one more Big Brother?

    NSA surveillance: What's one more Big Brother?
    In principle, the National Security Agency's vast data collection operation is troubling, but in the age of Google and Facebook, it feels like having just one more Big Brother in a growing family of Big Brothers. In response to the revelation that the...
  • Checks to be sent next week to 10,000 mortgage borrowers in Maryland

    Checks to be sent next week to 10,000 mortgage borrowers in Maryland
    Checks totaling more than $15 million will be sent beginning next week to more than 10,000 Maryland mortgage borrowers, Attorney General Douglas F. Gansler announced Wednesday. The checks, roughly $1,480 each, will be sent between June 10 and June 17 to...
  • Will Wall Street prevail?

    Will Wall Street prevail?
    Corporate-sponsored groups have launched a campaign of litigation in the lower federal courts challenging the legality of the second major piece of President Barack Obama's legislative program, one that received a lot of attention in last week's first...
  • $1.3 billion in consumer relief so far for Marylanders from mortgage settlement

    $1.3 billion in consumer relief so far for Marylanders from mortgage settlement
    Marylanders received more than $1.3 billion in relief from the National Mortgage Settlement during a 12-month period, Attorney General Douglas F. Gansler announced Tuesday. That assistance went to nearly 17,000 mortgage borrowers between March 1, 2012...
  • Legg Mason reports loss of nearly $454 million

    Legg Mason reports loss of nearly $454 million
    Legg Mason Inc. reported Friday a $453.9 million loss for the third quarter, following a previously announced $734 million writedown of certain assets. On a per-share basis, the Baltimore-based money manager lost $3.45. For the corresponding quarter a...
  • Bankruptcy suit reveals details about Turner's tries to develop Westport waterfront

    Bankruptcy suit reveals details about Turner's tries to develop Westport waterfront
    The only residents of the Westport waterfront last week were a gaggle of geese that commandeered a large puddle amid the brush and broken asphalt. The only structure was a battered chain-link fence, capturing wind-blown litter along the perimeter. By now...
  • 5 questions for Frank Savage

    5 questions for Frank Savage
    A businessman and competitive sailor, Frank Savage has benefited from following seas and been battered on rocky shoals. Born in North Carolina and raised by a single mother in segregated Washington, Savage rose to prominence in the world of...