JUMP IN LENDING
Citi's small business lending rose 21 percent to $9.6 billion in 2012, surpassing the bank's $8 billion goal.
Citigroup Inc. has pledged to loan a total of $24 billion to small businesses over a three-year period. It promised the money in 2010, alongside the Small Business Administration, as part of a push to improve access to lending for smaller companies and help the economy recover from the recession. more...