Goldman Sachs Posts Record 1Q Profit Goldman Sachs Group Inc., the largest Wall Street investment house, on Tuesday said its first-quarter profit rose 29 percent to a company record on robust trading gains and investment banking
Building faults prompt discussion Boone County officials have little authority to ensure that home builders produce quality work, county commissioners and building officials said yesterday after taking up complaints by some homeowners about a
Delray Beach police arrest Home Team Advantage owner on fraud charged A man who has spent four years awaiting trial in Broward County on construction-related theft charges was arrested Tuesday by Delray Beach police on similar felony counts involving another home
Investing for retirement when you're young You are not limited to just tax advantaged accounts, says Dr. Don.read more...
Getting Ahead Jenny Neilson has started her own business offering facials and full-body and Brazilian waxing at 341 W. Pine St.via
30-Year Mortgage Rates Continue to Climb (Los Angeles Times) Rates on 30-year fixed-rate mortgages averaged 6.58% this week, up from 6.53% last week and the highest since the week of June 20, 2002, mortgage company Freddie Mac said.read more...
“We believe the right model is a global universal bank.”
Citigroup Inc. said Friday it aims to shed about $500 billion in assets and grow revenue by 9 percent over the next few years, as it tries to rebound from massive losses tied to deterioration in the mortgage and credit markets.
The plans are the most concrete yet by Vikram Pandit, nearing his five-month anniversary as the bank’s CEO, to prove himself a capable turnaround specialist at a company that many claim was struggling long before the housing market collapse.
The bank’s plans to wind down its $2.2 trillion in assets to approximately $1.7 trillion were part of an investor day presentation at one of Citigroup’s Manhattan offices. Read more
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