The General Motors IPO is now the largest ever, following the expansion of the offering by the underwriters.
Continue reading Banks Make GM IPO the Largest Ever
Banks Make GM IPO the Largest Ever…
Wells Fargo agreed to pay Citigroup $100 million to settle a lawsuit stemming from Wells Fargo’s acquisition of Wachovia in 2008, the companies said Friday.
Continue reading Wells Fargo Will Pay Citigroup $100 …
Citigroup Inc (C) said it may have to refile thousands of foreclosure affidavits.
The bank is reviewing 10,000 affidavits executed before the company overhauled its foreclosure operation in February, Harold Lewis, a managing director with CitiMortgag…
Glencore International AG, the world’s largest commodity trader, is considering a $10 billion IPO.
The IPO would be done in London and potentially Hong Kong in the second quarter of 2011, Bloomberg News reported without naming its sources.
Glencor…
The Federal Reserve has set a Jan. 7 deadline for the largest banks to prove they have the capital to withstand another financial crisis. Bank of America, JPMorgan Chase, Citibank and 16 others will have to file so-called “stre…