AIG Launches PR Push to Repair Image
The once-mighty insurance giant touts its comeback from the financial crisis in a video.
Citi Reports Record Revenue Led by International Transactions
The bank said Monday that it made $2.9 billion in the first three months of the year, or 95 cents per share, which includes a $1.3 billion accounting charge that Citi took because the value of its debt increased.
Stocks Slide in Reaction to March Hiring Slump
Stocks pulled back sharply as Wall Street got its first chance to react to a slowdown in hiring in the United States in March.
Q4 Earnings: Goldman Beats Street; Net Income Falls
In fourth-quarter 2011, Goldman Sachs earned $1 billion, or $1.84 per share, from October through December, beating analysts' estimate of $1.28 per share.
Q4 Earnings: Citi Misses Earnings on Lower Results
At Citigroup, loans improved, but sales and profits–including those from its Morgan Stanley Smith Barney joint venture–declined year over year.