December 2, 2008
Citigroup posts 4% profit rise
Citigroup, the biggest U.S. bank, said Monday that second- quarter profit rose 4 percent as trading rebounded and investment banking fees climbed.
Mexico's Peso Opens At 10.6940/Dlr Vs 10.7075 Monday Close
MEXICO CITY (Dow Jones)--The Mexican peso was little changed against the dollar early Tuesday as gains in local bonds countered a weak start to stock trading. Link to original articleGeithner report rallies stocks but Citi still down
President-elect Barack Obama will name New York Federal Reserve president Timothy Geithner as his Treasury Secretary, major media reported on Friday, sparking a late-day stock market rally and helping assuage concerns about a power vacuum in Washington.
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