Citigroup has hired municipal bond strategist George Friedlander

Shares of Citigroup, Inc (NYSE: C) traded up 0.01 on Tuesday hitting $3.99.

The latest News about Citigroup, Inc (NYSE: C)

1. Citigroup, Inc (NYSE: C) has hired municipal bond strategist George Friedlander as the bank’s senior U.S. municipal securities strategist.

Friedlander, age 62, was dismissed by Morgan Stanley Smith Barney during the month of May and will work in Citigroup, Inc (NYSE: C)’s investment research and analysis group. He will be firm’s senior U.S. municipal securities strategist according to an internal memo obtained by the press and will report to Matt King, Citigroup’s global head of credit strategy.

2. Citigroup, Inc (NYSE: C), JPMorgan Chase & Co. (NYSE: JPM) and Bank of America Corp (NYSE: BAC) paid more than $1 billion during the second quarter paying employee bonus taxes levied by the U.K.’s government.

3. Citigroup’s CitiMortgage has been working in the Making Home Affordable program to provide home loan modifications for homeowners who have been struggling to make their mortgage payments and are in need of a more affordable home loan payment from month-to-month. Modification programs have been used by many top lenders in our nation to help homeowners who are struggling but there have been many who are criticizing the efforts of these lenders and some homeowners believe that these institutions are not doing all they can to help homeowners get a more affordable home loan payment.