A federal judge says some nonprofits awarded billions for a so-called green bank to finance clean energy and climate-friendly projects cannot have their contracts scrapped and must have access to some of the frozen money.

A federal judge has blocked the Trump administration from terminating $14 billion in grants awarded to three climate groups by the Biden administration.

A nonprofit that was awarded nearly $7 billion by the Biden administration to finance clean energy and climate-friendly projects has sued the Environmental Protection Agency, accusing it of improperly freezing its account.

A federal regulator says Citigroup intentionally discriminated against Armenian Americans when they applied for credit cards.

A financial analyst who was fired by Citibank after claiming a two-sandwich lunch on expenses has lost a legal battle for wrongful dismissal.

Citigroup profits jumped more than five fold from a year earlier, helped by an improving economy that resulted in fewer bad loans on the bank’s balance sheet.

Citigroup says profits more than tripled in the first quarter, helped by the release of billions of dollars from its loan-loss reserves.

Citigroup Inc. says earnings for the fourth quarter of 2020 fell 7% to $4.63 billion. The New York-based bank said it had earnings of $2.08 per share, down from $2.15 per share a year earlier. The New York-based bank said it earned a profit of $4.63 billion, down from a profit of $4.97 billion in the same period a year earlier. It's funds that a bank set aside previously to cover potentially bad loans — an accounting equivalent of escrow — that are freed up when they are no longer needed. Net income for the bank's institutional clients group was $3.65 billion, up from $2.87 billion a year earlier.