The pound fell against the dollar for the fourth week out of the past five as investors increased bets that the Bank of England will keep interest rates at a record low level this year. The currency also declined versus the yen. Bank of England poli
DirecTV, the largest U.S. satellite-television provider, fell the most in seven months after Citigroup Inc (C:NYSE). downgraded the company, saying the shares are expensive compared with rival Dish Network Corp. After advancing 51 percent in the pas
Citigroup Inc (C:NYSE)., the bank 27 percent owned by the U.S. government, will ramp up purchases of mortgages underwritten by other firms and keep more loans on its balance sheet after reversing a plan to scale back home lending. Citigroup has deci
Citigroup Inc (C:NYSE)., the bank 27 percent owned by the U.S. government, will ramp up purchases of mortgages underwritten by other firms and keep more loans on its balance sheet after reversing a plan to scale back home lending. Citigroup has deci
Bank of America Corp. (NYQ:BAC) hired Alberto Ades as co-head of emerging-market fixed-income strategy, part of an effort to bolster developing-nation research at the biggest U.S. bank by assets. Ades, who was previously head of Latin American econo
Mexico’s central bank kept its benchmark interest rate unchanged today and said inflation will stay in line with its forecasts, adding to speculation that policy makers won’t raise borrowing costs this year. Banco de Mexico’s five-member board, led
The U.S. Treasury Department refused to disclose names of Citigroup Inc (C:NYSE). executives who haggled over bailout terms in late 2008 after the bank said they might be harassed like the American International Group Inc. workers pilloried for taki
The U.S. Treasury Department refused to disclose names of Citigroup Inc (C:NYSE). executives who haggled over bailout terms in late 2008 after the bank said they might be harassed like the American International Group Inc. workers pilloried for taki
online 31