CITIGROUP NEWS
Citigroup Inc. is one of the largest financial services company in the world. As of 2005 it is the third largest company in terms of market capitalization and the second largest in terms of assets. The formation of Citigroup was announced on April 7, 1998 through a merger of Citicorp and Travelers Group. It was the first US company to combine banking with insurance underwriting since the Great Depression. The company has over 275,000 employees and over 200 million customer accounts in 100 countries.
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Wed, 23 Jul 2008 22:50:00 GMT
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Is GE the New Citigroup?
Wed, 23 Jul 2008 22:50:00 GMT
When the financials were taking their lumps, General Electric, which earns almost half its net income from GE Capital, came down accordingly. But now that the sector?s rebounded, CEO Jeffrey Immelt and his firm have lagged behind. Strange, Cramer said
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UPDATE: Amazon.com 2Q Net Doubles On Gain; Shares Rise 8%
Wed, 23 Jul 2008 22:45:00 GMT
DOW JONES NEWSWIRES Amazon.com Inc.'s 'In a recession, this fundamental performance for a consumer discretionary company is impressive,' Citigroup analyst Mark S. Mahaney Despite the strong quarter, Amazon shares - which closed at $70.54 The company's
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No plans to split Citigroup, says CFO
Wed, 23 Jul 2008 22:27:00 GMT
Home Business Breaking News Article Email Print Normal font Large font July 24, 2008 - 6:26AM Citigroup Inc Chief Financial Officer Gary Crittenden says there are no plans to split the company up because of credit-related problems and that its capital
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Banks Stick with Stadium Sponsorships
Wed, 23 Jul 2008 22:07:00 GMT
Over the last several years, many banks galvanized by the housing boom affixed their names to sports stadiums and arenas across the country, hoping to drive brand awareness at the ballpark. Now, as the subprime and credit crisis continues to strike many
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No plans to split Citigroup, says CFO
Wed, 23 Jul 2008 21:40:00 GMT
Citigroup Inc Chief Financial Officer Gary Crittenden says there are no plans to split the company up because of credit-related problems and that its capital levels remain strong. Crittenden, speaking on a conference call with fixed-income investors,
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No plans to split Citigroup, says CFO
Wed, 23 Jul 2008 21:23:00 GMT
Citigroup Inc Chief Financial Officer Gary Crittenden says there are no plans to split the company up because of credit-related problems and that its capital levels remain strong. Crittenden, speaking on a conference call with fixed-income investors,
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No plans to split Citigroup, says CFO
Wed, 23 Jul 2008 21:15:00 GMT
Citigroup Inc Chief Financial Officer Gary Crittenden says there are no plans to split the company up because of credit-related problems and that its capital levels remain strong. Crittenden, speaking on a conference call with fixed-income investors,
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No plans to split Citigroup, says CFO
Wed, 23 Jul 2008 21:02:00 GMT
Citigroup Inc Chief Financial Officer Gary Crittenden says there are no plans to split the company up because of credit-related problems and that its capital levels remain strong. Crittenden, speaking on a conference call with fixed-income investors,
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Welcome Home Raymundo Pacheco
Wed, 23 Jul 2008 20:22:00 GMT
It's time for the Mexican government to take some responsibility for the immigration crisis. Now that more Mexicans are failing to make it across the northern border, or find themselves back in Mexico after being deported from the United States, it's
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Citigroup CFO Crittenden says no intention to split company, current capital levels strong
Wed, 23 Jul 2008 20:05:00 GMT
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Citigroup CFO Crittenden says no intention to split company, current capital levels strong
Wed, 23 Jul 2008 19:54:00 GMT
NEW YORK: Citigroup Inc. Chief Financial Officer Gary Crittenden said Wednesday there are no plans to split the company up because of credit-related problems and that its capital levels remain strong. Crittenden, speaking on a conference call with
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Citi to raise up to $35 bln in debt this year
Wed, 23 Jul 2008 19:20:00 GMT
Citigroup Inc. (C:CNews, chart, profile, moreLast: Delayed quote dataAnalyst Create alertInsiderDiscussFinancials Sponsored by:, , ) Treasurer Zion Shohet told the $2.1 trillion-asset company's debt holders during a conference call Wednesday that Citi
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Keynote Ranks the Online Best Practices of 26 Leading Banks; Citibank Back on Top - First Time the Scorecard Examines the Rise of Mobile Banking
Wed, 23 Jul 2008 19:03:00 GMT
SAN MATEO, Calif.--(BUSINESS WIRE)-- Keynote Competitive Research, the industry analysis group of Keynote Systems (Nasdaq: KEYN), the global leader in mobile and Internet test & measurement solutions for continuously improving the online experience,
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Death Spiral Financing at WaMu, Merrill Lynch, Citigroup
Wed, 23 Jul 2008 18:11:00 GMT
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Citigroup CFO: Breakup Not in the Cards
Wed, 23 Jul 2008 17:47:00 GMT
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Citigroup tips tough times for big banks
Wed, 23 Jul 2008 17:22:00 GMT
By Adam Bennett Photo / AP Citigroup has advised clients to sell shares in ANZ and - which hold about 50 per cent of the New Zealand market - as it predicts tougher times for Australia's big banks. The brokerage this week published a research note
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UPDATE 1-MOVES-Citigroup, Insight Investment, Merrill Lynch
Wed, 23 Jul 2008 16:48:00 GMT
July 23 (Reuters) - The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, please e-mail moves@thomsonreuters.com. The bank named Hak Bin Chua, formerly chief Asian strategist at Deutsche
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Citigroup CFO: Breakup Not in the Cards
Wed, 23 Jul 2008 16:19:00 GMT
NEW YORK (Dow Jones) -- Citigroup Inc. (C) Chief Financial Officer Gary Crittenden on Wednesday said in the most direct terms yet that management will keep the company whole. 'We really don't have any intention to split up the various elements of the
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Citigroup doubles cash to cope with markets
Wed, 23 Jul 2008 16:19:00 GMT
NEW YORK: Citigroup, the biggest U.S. bank by assets, more than doubled its stockpile of cash and easy-to-sell securities since last year and Gary Crittenden, the company's chief financial officer, said the firm has no plan to break up. Citigroup
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Citigroup finance chief: No 'intention to split' company
Wed, 23 Jul 2008 15:43:00 GMT
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Yahoo! Q2 2008 Earnings Call Transcript
Wed, 23 Jul 2008 15:39:00 GMT
Yahoo! Inc. (YHOO) Executives Marta Nichols - Investor Relations Jerry Yang - Chief Executive Officer, Director Susan L. Decker - President Blake J. Jorgensen - Chief Financial Officer Aristotle N. Balogh- Chief Technology Officer Analysts Ross Sandler
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Citigroup expects to raise up to $35 billion in debt this year
Wed, 23 Jul 2008 15:37:00 GMT
Citigroup Inc. (C:CNews, chart, profile, moreLast: Delayed quote dataAnalyst Create alertInsiderDiscussFinancials Sponsored by:, , ) Treasurer Zion Shohet told the $2.1 trillion-asset company's debt holders during a conference call Wednesday that Citi
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Citigroup and others reclaim market share in equity research
Wed, 23 Jul 2008 15:34:00 GMT
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Citigroup CFO: No 'Intention To Split' Company
Wed, 23 Jul 2008 15:24:00 GMT
Citigroup Inc. Diversified funding, including a global deposit base, is one of Citi's strengths, he said. 'There is lots of reasons beyond just a fact that we think being focused on customers and providing the broad range of needs that customers have,'
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Mobile Money Ventures Announces Product Roll Out with First Customer Implementation at Citibank Hong Kong
Wed, 23 Jul 2008 15:19:00 GMT
SAN FRANCISCO --(Business Wire)-- Mobile Money Ventures LLC (MMV), a joint venture of Citi (NYSE: C) and SK Telecom (NYSE:SKM), today announced its first customer implementation with Citibank Hong Kong. Citibank will use the MMV platform to deliver
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Citigroup to sell investment firm
Wed, 23 Jul 2008 15:15:00 GMT
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Keynote Ranks the Online Best Practices of 26 Leading Banks; Citibank Back on Top - First Time the Scorecard Examines the Rise of Mobile Banking
Wed, 23 Jul 2008 14:40:00 GMT
SAN MATEO, Calif. --(Business Wire)-- Keynote Competitive Research, the industry analysis group of Keynote Systems (Nasdaq:KEYN), the global leader in mobile and Internet test & measurement solutions for continuously improving the online experience,
[read
more...]
Citigroup Expects To Raise Up To $35 Billion In Debt This Year
Wed, 23 Jul 2008 14:14:00 GMT
Citigroup Inc. (C) Treasurer Zion Shohet told the $2.1 trillion-asset company's debt holders during a conference call Wednesday that Citi plans to raise up to $35 billion in debt this year. 'For Citigroup's termed issuance program, we have an annual
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Mobile Money Ventures Announces Product Roll Out with First Customer Implementation at Citibank Hong Kong
Wed, 23 Jul 2008 13:57:00 GMT
ney Ventures LLC (MMV), a joint venture of Citi (NYSE: C) and SK Telecom (NYSE:SKM), today announced its first customer implementation with Citibank Hong Kong. Citibank will use the MMV platform to deliver mobile financial services to its customers in
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Redington poaches Citigroup bod for top actuary role
Wed, 23 Jul 2008 13:56:00 GMT
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