same time, the bank is trying to build up those core businesses such as securities underwriting and institutional banking, where it faces heavy competition from JPMorgan Chase & Co. and other banks that suffered less during the financial crisis. Full Article at Contra Costa Times
NEW YORK — Citigroup said Monday it is repaying $20 billion in public bailout money, freeing the banking giant from the close scrutiny and pay restrictions that came with the rescue program. Full Article at The Clarion-Ledger
Insurer Conseco Inc. said Monday it is offering 45 million shares of common stock to help pay down debt and for corporate purposes. Full Article at The Seattle Times
Other finalists in the realm of politics include last year's winner President Barack Obama, Afghanistan commanding Gen. Stanley McChrystal and Federal Reserve Chairman Ben Bernanke. Full Article at The Hill
Both Rob Marshall's "Nine" and Quentin Tarantino's "Inglourious Basterds" each received a record-setting ten nominations each. "Nine" leads the pack at the Broadcast Film Critics Association's 15th Annual Critics Choice Movie Awards. Full Article at Playbill
SAN FRANCISCO (MarketWatch) -- Wells Fargo & Co. is the last major U.S. bank without an agreed plan to return money it got last year from the Troubled Asset Relief Program, after rival Citigroup Inc. unveiled plans Monday to pay back government support. Full Article at MarketWatch
RNRL's submissions on the MoU New York: Morgan Stanley said on Sunday it has named former Merrill Lynch & Co president and chief operating officer Gregory J. Fleming as head of its investment management business. Full Article at Expressindia.com
CARMEL, Ind. , Dec. 14 /PRNewswire-FirstCall/ -- Conseco, Inc. (the "Company") (NYSE: CNO) announced today that it has commenced an underwritten public offering of 45,000,000 shares of its common stock. Full Article at PR Newswire
WASHINGTON (AP) -- President Barack Obama challenged top bankers Monday to explore "every responsible way" to increase lending, saying they were obliged to help after being rescu... Full Article at 2TheAdvocate.com
BOSTON -- The injury bug keeps biting the struggling Philadelphia Flyers. Full Article at National Hockey league | NHL.com