Reuters – General Motors Co has secured a $5 billion credit facility, two people briefed on the bank deal said on Wednesday, marking the return of the top U.S. automaker to the capital markets a year after it emerged from a landmark bankruptcy. See the rest here: GM ties …
Also tagged a-year-after, billion-credit, deal-said, emerged-from, the-capital, the-top, ties-NEW YORK (Reuters) – General Motors Co has secured a $5 billion credit facility, two people briefed on the bank deal said on Wednesday, marking the return of the top U.S. automaker to the capital markets a year after it emerged from a landmark bankruptcy. Originally posted here: GM …
Also tagged a-landmark-bankruptcy-, a-year-after, billion-credit, emerged-from, general-motors, has-secured, the-capital, the-top, two-people, wednesday, yorkWASHINGTON (Reuters) – Washington Mutual Inc and the Federal Deposit Insurance Corp have reached a global settlement that will return $7 billion to the bank’s creditors, a critical step in the bankruptcy involving the biggest bank failure in U.S. history.
Also tagged a-critical-step, a-global-settlement, and-the, biggest-bank, businessnews, federal-deposit, global-settlement, have-reached, insurance, insurance-corp-, involving-the, involving-the-biggest, the-bankBUENOS AIRES (Reuters) – Police stopped the head of Argentina’s central bank from entering the bank on Sunday, hours after he vowed to stay in his job despite a court ruling that the government said meant he had to step down. Read more: Argentina central bank chief barred from premises
Also tagged a-court-ruling, argentina, central-bank, chief-barred, court-ruling, from-premises, government, government-said, head, his-job, hours-after, stopped-the, the-bankCitigroup said it lost $7.58 billion during the final three months of 2009 as consumers still struggled to repay loans and the bank repaid its government bailout money. Citigroup said most of the loss was tied to paying back $20 billion in money it received from the government. Continued …
Also tagged 7-58-billion, and-the, bailout-money, consumers-still, final, final-three, loss, paying-back, received-from, repay-loans, said-it-lost, said-most, the-governmentReuters – Prince Alwaleed bin Talal, a prominent Saudi investor in Citigroup , on Sunday re-affirmed his support for the bank’s chief executive, Vikram Pandit, who he has said faces a make-or-break year. The rest is here: Saudi shareholder says supporting Citi’s CEO (Reuters)
Also tagged ceo, chief-executive, citigroup, has-said, his-support, prince, prince-alwaleed, says-supporting, support, vikram, vikram-panditRIYADH (Reuters) – Prince Alwaleed bin Talal, a prominent Saudi investor in Citigroup, on Sunday re-affirmed his support for the bank’s chief executive, Vikram Pandit, who he has said faces a make-or-break year. See more here: Saudi shareholder says supporting Citi’s CEO
Also tagged citigroup, for-the, has-said, his-support, more-here, prince, prince-alwaleed, saudi, says-supporting, sunday, support, talal, vikram, vikram-panditBOISE, Idaho – (AP) Property owners at four struggling and bankrupt resorts in Idaho, Montana, Nevada and the Bahamas have filed a $24 billion federal lawsuit against Credit Suisse, saying the bank gave predatory loans to the resorts’ investors as part of a scheme to take over the properties. See more …
Also tagged a-and-the, bahamas, bank-gave, billion-federal, credit-suisse, have-filed, idaho, lawsuit-against, montana, predatory-loans, resorts, strugglingWASHINGTON – (AP) The Treasury Department says Lloyds TSB Bank PLC has agreed to a $217 million settlement stemming from claims the bank manipulated money transfers to allow customers to skirt U.S. Excerpt from: Lloyds agrees to settlement on financial sanctions
Also tagged 217-million, allow-customers, claims-the-bank, financial-sanctions, from-claims, has-agreed, lloyds, money-transfers, settlement-on-financial, settlement-stemming, the-bank, treasury, treasury-department, tsbBOSTON – (AP) Capital One Financial Corp. will drop language from credit card contracts that requires customer disputes to be handled through binding arbitration rather than the courts, a spokeswoman for the bank said Thursday. New agreements without the mandatory arbitration claus View original post here: Capital One settles litigation over card …
Also tagged bank-said, courts, credit-card, financial, language-from, original-post, over-card, the-courts, the-mandatory, will-drop, without-the-mandatory