Chris Reiter

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Position: Journalist

Articles

Thornburg Mortgage rises after averting bankruptcy April 02, 07:03am EDT

NEW YORK (Reuters) - Thornburg Mortgage Inc <TMA.N> shares rose nearly 20 percent on Tuesday after the provider of large residential mortgages said it successfully raised $1.35 billion in a last-ditch effort to avoid bankruptcy -- but at a large cost ... Full Article

Security Capital unit sues Merrill Lynch April 02, 05:04am EDT

NEW YORK (Reuters) - Security Capital Assurance Ltd <SCA.N> said on Tuesday a subsidiary is seeking damages of at least $28 million from Merrill Lynch & Co <MER.N> related to a dispute over terminated credit guarantees. Full Article

CORRECTED-UPDATE 1-Citigroup creates regional, global units April 01, 05:03am EDT

NEW YORK (Reuters) - Citigroup Inc <C.N> said on Monday it was creating regional banking units as well as global credit card and consumer banking organizations, as the banking giant seeks to become more nimble. Full Article

UPDATE 2-Citigroup creates regional, global units

Citigroup creates regional, global units

Bear Stearns shares fall after chairman sells stock

JPMorgan memo shows dirty tricks of mortgage trade

JPMorgan battles to integrate unraveling Bear Stearns