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Tag Archives: Citigroup

How Much Have Banks Been Fined Since the Crisis?

According to a tally released Tuesday by New York-based investment banking firm Keefe, Bruyette & Woods, banks have been fined $243 billion since the financial crisis in 2008. As reported by Marketwatch, repayment of the fines involves a mixture of ...

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Dinesh Chopra Joins Ally Financial

Ally Financial Inc. (Ally), a leading digital financial services company and a top 25 U.S. financial holding company, announced that Dinesh Chopra has joined the company as its new Chief Strategy Officer.

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Financials Take a Broad Hit

Wells Fargo, JPMorgan Chase, and Citigroup reported their second quarter earnings on Friday morning. Read on to see their figures and exactly how the market reacted.

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BofA Capital Buffer Lags Behind

At the close of Q1, Bank of America had fallen behind its peers—at least in terms of its capital buffer. The bank came in last among major financial institutions, with just a 1 percent buffer for the quarter. Goldman Sachs took the top spot.

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A Tale of Two Earnings Reports

The Q4 earnings statements of U.S. Bancorp and Citigroup reported very different results for their mortgage sectors.

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Banks See Profits Take a Downward Turn

The banks that released their third quarter earnings reports all saw year-over-year declines in profits, but a couple of them fared better in mortgage banking.

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