Bank of America Its Reach Overseas
After years of minding the home front, Bank of America Corp. is preparing to embrace the world. The Charlotte, N.C., company is assembling an international a...
Citigroup sues Barclays over losses tied to Lehman
REUTERS - Citigroup Inc (C.N) has sued Barclays Plc (BARC.L) to recover more than $141 million for providing foreign exchange services to a unit of Lehman Brothers Holdings Inc soon after Lehman's bankruptcy.The complaint filed late Monday in the U.S. District Court in Manhattan related to Citigroup's role in the Continuous Linked Settlement system, which was designed to ensure that foreign ...
