Supreme Court to Rule on Pivotal Insider Trading Case
Summary: On Wednesday, the federal Supreme Court will hear an insider trading case that will affect who can get prosecuted in the…
Citigroup
Citigroup Preparing for $2.7 Billion Legal Fee Bill
Summary: Citigroup released a report on its fourth-quarter Tuesday, citing a $2.7 billion legal bill it faces. On Tuesday, Citigroup provided…
Estimate for Legal Services Increased by JPMorgan Chase
Summary: In a securities filing on Monday, JPMorgan Chase announced that it has increased its estimate for legal services relating to…
Bank of America to Pay $17 Billion for Its Role in Housing Bubble Burst
The largest settlement to emerge from the financial crisis of 2008 has been approved, according to the Huffington Post. The…
Employers Hiring in August This Week
There are thousands of legal employers that are currently looking for new employees using LawCrossing. Visit LawCrossing and help them…
Judge Rakoff Approves Citigroup Deal with SEC But with Terse Comments
This week, Judge Rakoff of the U.S. District Court in Manhattan finally approved SEC’s $285 million deal with the Citigroup…
Citigroup Announces Settlement with U.S. Government
It was announced on Monday that Citigroup Inc has agreed to pay $7 billion to settle the United States investigation…
Citigroup Close to Settling U.S. Investigation
In order to resolve a probe by the United States government, Citigroup Inc is close to paying $7 billion, according…
SEC-Citigroup Settlement Deal Originally Rejected is Overturned by Appeals Court
A judge’s decision was overturned on Wednesday by a federal appeals court in the federal settlement deal with Citigroup, according…
Hedge Funds Lowered Bullish Bets on Gold
For a fourth week, Bloomberg News has reported that hedge funds have lowered bullish bets on gold in the longest…
Citigroup Inc. Cuts Approximately 300 Jobs
The third-largest U.S. bank, Citigroup Inc., has reportedly cut 200 to 300 jobs in its division handling stock and bond…
China’s Export Slump
A senior China economist at Citigroup Inc. in Hong Kong, Ding Shuang said, “I don’t see a future for these…