accountCitigroup Inc. (NYSE:C) reported that it provided $6 billion in new loans this quarter backed by the Treasury's $45...
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CITIGROUP
Citigroup is among the largest global banks in the world and one of the most widely held stocks on the New York Stock Exchange. Because of its size and scope, Citigroup is impacted -- for better or worse -- by the vagaries of financial markets and the world economy. So far, the bank has proven capable of delivering enormous profits, but at a cost. Analysts and shareholders wonder if the bank is too big to manage and can avoid constant run-ins with regulators.
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Citigroup bankers may not have a lot to be thankful for this year (except perhaps their jobs). But the banking giants...
A few nights ago the Times played host to the 6th annual Citi Women & Co. event, and I was asked to speak about...
Citigroup issued a press release updating the timing of the previously announced exchange offer for preferred...
DC Products posted a photo:
process. We never gave more money to a borrower because the value of the house had gone up. Citibank has a few home...
U.S. Senator Charles Schumer warned a top regulator on Friday that if she does not ban so-called "flashes" --...
Year-end bonuses are still six months away, but discussion about what they'll be gets more heated by the day.
So the first four big bank results are in. Overall, the results are in line with our expectations in the area of...
Sandy Weill never dreamed Citigroup Inc. would end up as a ward of the government. When he merged Citicorp and...
The government’s decision to potentially absorb hundreds of billions of dollars of losses on loans and other assets...
So what does the future hold for Citigroup? This week alone its shares are down more than 50% and have been trading...
shareholder, is raising his stake back to 5%; but stock continues to plunge. NEW YORK (CNNMoney.com) -- Citigroup's...
expected, and points to a faster rate of decline in the fourth quarter,' said Jose Luis Martinez at Citigroup.
Heads may be rolling at Citigroup, but that would not necessarily stop the red ink from flowing next year.
By this time next week we will have heard from JPMorgan Chase, the first of the top-10 banks to report.
submitted by silence_hr to business [link] [4 comments]
Parliament and parting ways with Left parties, two of the most influential global financial majors, Goldman Sachs and...
Two of the most prominent CEO's have said the unthinkable: the end of reserving may be in sight. Those comments...
For all the efforts to diversify, net interest income still represents the largest source of revenues in the industry –...
Exec pay critic Graef Crystal on Citi's latest compensation moves.
What really should not be much of a surprise is that credit card will be a drag on earnings when banks report Q2...
Citibank Colombia SA, the local unit of Citigroup (C), sold 201 billion pesos ($93 million) worth of three-, five- and...
Do you believe scale and service are mutually exclusive? Have the bigger banks – Bank of America and Citigroup proven...
As the second quarter draws to a close we are already trying to get our heads around where this one will go.
Top Sources: Citigroup
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