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Citigroup Names New Head of Global Prime Finance -memo

HONG KONG (Reuters) - Citigroup, the largest U.S. bank struggling to recover from the credit crunch, tapped Nick Roe to be Head of Global Prime Finance, according to a company

March 29th, 2008

U.S. Incomes Seen Up in Feb, Core Prices Tame

NEW YORK (Reuters) - U.S. incomes probably continued to grow at a moderate pace in February, according to a Reuters poll, while underlying inflation pressures are likely to have eased.

March 29th, 2008

Sen. Schumer Urges New Financial Regulation: Report

NEW YORK (Reuters) - Sen. Charles Schumer on Friday called for a rethinking of the U.S. financial regulatory system, perhaps moving toward a single regulator, following the collapse this month

March 29th, 2008

Fannie, Freddie May Raise $20 Billion: Report

NEW YORK (Reuters) - Fannie Mae's <FNM.N> and Freddie Mac's <FRE.N> regulator will allow the mortgage financiers to raise as much as $20 billion in capital as part of an

March 29th, 2008

Wall Street Drives White House Campaign Cash Flow

WASHINGTON (Reuters) - Eight of the 10 largest donors so far to the U.S. presidential campaigns are Wall Street banks, led by Goldman Sachs, according to research on Thursday from

March 29th, 2008

Citigroup Sued Over Auction Rate Securities

NEW YORK (Reuters) - Citigroup Inc <C.N> was sued on Thursday by two clients accusing the financial institution of failing to properly disclose the risks of investing in auction rate

March 29th, 2008

California May Create Bond Insurer, Rival Buffett

NEW YORK (Reuters) - California Treasurer Bill Lockyer is exploring the possibility of having state pension funds create a new bond insurer, his spokesman said on Thursday.

March 29th, 2008

Noble International Slashes 2008 Outlook as Has Q4 Loss

NEW YORK (Reuters) - Noble International Ltd <NOBL.O>, which provides parts, component assemblies and services to the auto industry, slashed its 2008 forecast on Thursday, citing a drastic decline in

March 29th, 2008

Countrywide Exec Gets $28 Million From Bank of America

NEW YORK (Reuters) - Bank of America Corp <BAC.N> agreed to pay David Sambol, COO of takeover target Countrywide Corp <CFC.N> $28 million, considerably more than its own CEO received

March 29th, 2008

IMF Board to Back Overhaul of Members’ Voting Power

WASHINGTON (Reuters) - The International Monetary Fund board on Friday will recommend a landmark overhaul in the voting power of member countries, with emerging economies saying they will settle for

March 29th, 2008

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