Citigroup

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  From Recession to Stability and Growth

  By Debbie Matz  |  December 19, 2012

  This year was a transformative year for credit unions. It was a year in which credit unions made the transition from the losses of recession to the stability and growth of recovery. During the year, the industry topped $1 trillion in assets and grew strongly to approach 94 million members.

• NCUA Sues Bear Sterns in Largest Corporate Securities Suit Yet

  By Heather Anderson  |  December 17, 2012

  Ninth suit filed so far by NCUA in the sale of toxic mortgage-backed securities to corporate credit unions.

• Credit Unions Maintain Lead in Financial Services but Drop in Customer Satisfaction

  By Michelle A. Samaad  |  December 11, 2012

  Annual American Customer Satisfaction Index also showed drop in 2010 before bouncing back to record high in 2011.

• Becker: Contingency News Brings Corporate Transparency Back to Forefront

  By Heather Anderson  |  October 26, 2012

  NAFCU president says he's disconcerted that $40 million of $170 million recovered from investment banks went to lawyers.

• California Congressman Goes After NCUA Over Contingency Pact With Outside Lawyers

  By Heather Anderson  |  October 26, 2012

  Rep. Darrel Issa (R-Calif.) asks if executive order violated. NCUA pays lawyers more than $40 million of $170 million in Wall Street settlements.

• Pandit Resigns from Citigroup

  By Heather Anderson  |  October 16, 2012

  CEO Vikram Pandit steps down, along with President/COO Michael Corbat on Tuesday, effective immediately.

• Financial Sector Appears to Run Ahead in Early Third Quarter Reports

  By Joyce Hanson  |  October 16, 2012

  Early reports for the finance sector’s third-quarter 2012 performance indicate that it is on track to best all other sectors.

• Credit Suisse Joins Lineup of NCUA MBS Targets

  By Marc Rapport  |  October 4, 2012

  Calling it one more bait-and-switch operator, the NCUA sues Credit Suisse Securities in the collapse of corporate credit unions.

• DDoS Hacker Attacks on Banks Escalating

  By Robert McGarvey  |  September 28, 2012

  One expert warns about possible focus on smaller institutions: "This has the feel of someone working down a list, looking for weaknesses."

• NCUA Serves Barclay’s with Securities Fraud Lawsuit

  By Heather Anderson  |  September 25, 2012

  The NCUA on Tuesday filed its ninth securities fraud lawsuit in connection with the collapse of U.S. Central and WesCorp.