Posted on 15 December 2009
Tags: American taxpayers, Citigroup’s announcement, economy, major banks, Obama's White House meeting with bank executives, President Obama, Treasury Department, U.S. bank, US economy, White House, White House meeting
Yesterday President Obama said that after the government bailed the nation’s banks out of a crisis “largely of their own making”, so now they are obliged to help in accelerating the U.S. economic recovery.
Obama’s meeting with Bank Executives
After a White House meeting with bank executives Obama said that as extraordinary assistance has been received by America’s banks from American taxpayers so now as they’re back on their feet, so the government is anticipating an extraordinary commitment from them to help rebuild the economy.
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Posted on 14 December 2009
Tags: Citigroup Inc., Citigroup shares, citigroup stock, New York trading, stock sale, U.S. bank, U.S. lender, U.S. Treasury
Citigroup Inc., who is the recipient of the biggest U.S. bank bailout, has struck a deal with regulators for repaying $20 billion to taxpayers and in order to escape government-imposed pay restrictions.
Citibank will raise funds with a Sale of $20.5 billion of equity and debt
Citigroup, is the only major U.S. lender that is still dependent on the government “exceptional financial assistance. The bank said in a statement today that with a sale of $20.5 billion of equity and debt the company will raise the funds.
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Posted on 14 December 2009
Tags: Citigroup Inc., Citigroup shares, citigroup stock, New York trading, stock sale, U.S. bank, U.S. lender, U.S. Treasury
Citigroup Inc., who is the recipient of the biggest U.S. bank bailout, has struck a deal with regulators for repaying $20 billion to taxpayers and in order to escape government-imposed pay restrictions.
Citibank will raise funds with a Sale of $20.5 billion of equity and debt
Citigroup, is the only major U.S. lender that is still dependent on the government “exceptional financial assistance. The bank said in a statement today that with a sale of $20.5 billion of equity and debt the company will raise the funds.
Read the full story
