citigroup

Big banks aren't getting a boost from Trump

Bank stocks surged after Donald Trump was elected on the hopes that he would scale back some of President Obama's Wall Street reforms and boost the economy with a massive stimulus package.

Citigroup to repay $20 billion in bailout money

Citigroup says it is repaying $20 billion in public bailout money. That will free the banking giant from the close scrutiny and pay restrictions that came with the rescue program. The government will also sell its stake in Citigroup.