Citi Plans to Lay Off 2,200 in Mortgage Unit

Having Trouble viewing? See it in your browser. CEO Newsbrief Daily Update Featured Story Citi Plans to Lay Off 2,200 in Mortgage Unit Citigroup plans to lay off about 2,200 workers within its mortgage business by early 2014, as rising mortgage rates hurt mortgage lending and refinanc... Top Stories Reflecting on Fed's Critical Role in 9/11 Response The central bank's forceful response to the tragic events of 9/11 highlight its role as the lender of last resort in times of crisis. Apple's 'Cheap' iPhone Gets Sour Greeting on Wall Street The tech behemoth faced a wave of negative analyst notes on Wednesday, including downgrades by UBS, Bank of America and Credit Suisse. Apple Takes a B... Verizon's $49B Bond Sale Shatters Records Massive IOU: Verizon Communications launched a $49 billion bond offering to help finance its $130 billion buyout of Verizon Wireless. Jack Tretton CEO, Sony Computer Entertainment of America 3:00pm ET Jonathan Wolfson CEO, Solazyme 3:00pm ET Tom Doll President and COO, Subaru of America 4:00pm ET ©2013 Fox News Network, LLC. All Rights Reserved. Privacy Policy.