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Tag Archives: citigroup
Big Banks shrink lending
Even though the economy has been recovering at a snail-like pace, there is a possibility that the recovery may be fizziling out. One of the main indicators of economic health is bank lending, it has been rising for most of … Continue reading
Posted in Economy
Tagged bank of america, banks, citigroup, credit unions, economy, jp morgan chase, lending, wells fargo
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5 U.S. banks face possible downgrade
The rating agency Moody’s has put 17 global instutions (5 in America) and 114 European banking institutions under review for a possible downgrade. The five U.S. banks are Bank of America, Citigroup, Goldman Sachs, Morgan Stanley and JP Morgan Chase. … Continue reading
Posted in Economy
Tagged bank of america, citigroup, downgrade, goldman sachs, italy, jp morgan chase, moody's, morgan stanley, review, spain, us
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Banks agree to mortage settlement
Five of the largest banks in the nation agreed to a deal with 49 states settling charges of abusive and negligent foreclosure practices since 2008. The deal was announced on Thursday February 9th, the banks will change the way … Continue reading
