By Kevin Drawbaugh and Patrick Rucker WASHINGTON (Reuters) - Financial giant Citigroup Inc has agreed to support a controversial rewrite of U.S.......
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The financial industry meltdown has been the worst since the great depression. BNET Financial provides daily industry trends and news coverage with insights for managers and executives about the major financial services companies in the banking and finance sector. In addition to detailed company profiles, we bring you industry analysis on new mergers, partnerships, financial products, rates, investments, capital, and a host of other critical factors of success in the finance business.
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Democrats introduce bill to let judges adjust bankruptcy terms
MarketWatch - 321 days 15 hours 30 minutes ago
WASHINGTON (MarketWatch) -- A Democratic plan to change bankruptcy law so judges could adjust the terms of mortgages is officially back. Sen....
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Citigroup, U.S. senators in mortgage legislation talks: report
Reuters -
320 days 6 hours 40 minutes ago
(Reuters) - Citigroup Inc is leading other lenders in advanced talks with key U.S. senators on legislation that would allow judges to set new...
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Citi backs mortgage bankruptcy reform: Senators
Reuters -
319 days 17 hours 4 minutes ago
WASHINGTON (Reuters) - Financial giant Citigroup Inc has agreed to support a controversial rewrite of U.S. bankruptcy law aimed at helping troubled...
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Lawmakers and Citigroup reach deal on mortgages
WASHINGTON (MarketWatch) -- Senate Democrats have reached an agreement with Citigroup Inc. on a key bill to give bankruptcy judges the authority to...
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Citi, Democrats Agree on Foreclosure 'Cram-Downs'
BusinessWeek - 319 days 15 hours 19 minutes ago
By ALAN ZIBEL WASHINGTON Democratic lawmakers have reached a deal with Citigroup Inc. on a plan to let bankruptcy judges alter home loans in an...
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Citi Backs Measure to Help Avoid Foreclosures
Reuters -
319 days 12 hours 23 minutes ago
By Kevin Drawbaugh and Patrick Rucker WASHINGTON (Reuters) - Financial giant Citigroup Inc will support a proposal in Congress to rewrite U.S....
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Citi backs mortgage relief plan
BBC - 319 days 9 hours 5 minutes ago
US bank Citigroup has agreed to support a proposed change in US bankruptcy law to help troubled mortgage borrowers avoid losing their homes. The...
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Citi, Democrats Agree on Foreclosure 'Cramdowns'
Posted by: Theo Francis on January 08 If you want a sign the financial world is changing fast, look no farther than Thursday’s announcement that...
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Bank industry slams lawmaker-Citi mortgage deal
Reuters -
318 days 22 hours ago
By Karey Wutkowski and Dan Wilchins WASHINGTON/NEW YORK (Reuters) - A top bank industry group said on Friday that it opposes an agreement between...
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