Posted by Reuters: Business News on January 30, 2012
(Reuters) – Citigroup’s chairman, Richard Parsons, is considering giving up the position to focus on other interests, the Wall Street Journal reported on Sunday, citing people familiar with the situation.
Posted by Reuters: Business News on January 17, 2012
NEW YORK (Reuters) – Stocks advanced on Tuesday, pushing the S&P 500 to its highest since early August, but sharply pared gains late in the session as Citigroup’s steep drop in profit gave investors a reason to unload bank shares.
Posted by Reuters: Business News on
NEW YORK (Reuters) – Stocks advanced on Tuesday, pushing the S&P 500 to its highest since early August, but sharply pared gains late in the session as Citigroup’s steep drop in profit gave investors a reason to unload bank shares.
Posted by Reuters: Business News on
(Reuters) – The European debt crisis interrupted the plans of Citigroup Inc Chief Executive Vikram Pandit to rebuild the bank, which reported an 11 percent drop in quarterly profit and disappointed Wall Street amid lackluster investment banking and trading business.
Posted by Reuters: Business News on
NEW YORK (Reuters) – Stocks advanced on Tuesday but sharply pared gains late in the session after Citigroup’s steep drop in profit gave investors a reason to unload bank shares.
Posted by Reuters: Business News on
NEW YORK (Reuters) – Stocks rose on Tuesday as improved sentiment about growth prospects in China overshadowed recent credit downgrades in Europe and a mixed bag of big bank earnings.
Posted by Reuters: Business News on December 7, 2011
NEW YORK (Reuters) – Citigroup Inc is cutting 4,500 jobs worldwide, Chief Executive Vikram Pandit said on Tuesday, becoming the latest large bank to trim staff.
Posted by Reuters: Business News on November 2, 2011
(Reuters) – A regulatory investigation into Avon Products Inc was triggered by the cosmetics company’s vice chairman sharing material information about a China bribery investigation with a Citigroup analyst, a person familiar with the matter said on Tuesday.
Posted by Reuters: Business News on October 17, 2011
(Reuters) – Citigroup Inc reported higher quarterly earnings, helped by an accounting gain, but warned that developed markets could face weak growth for years, and the bank’s shares fell.
Posted by Reuters: Business News on
(Reuters) – Citigroup Inc reported higher third-quarter earnings on Monday, helped by rising income from Asia and an accounting gain banks can take in turbulent markets.
