Posted by Reuters: Business News on January 31, 2012
(Reuters) – A unit of Citigroup must pay $500,000 to a former branch manager who alleged the company fired him because of his age, according to a decision by a Financial Industry Regulatory Authority arbitration panel.
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 28, 2012
(Reuters) – Citigroup has cut bonuses for its investment banking division by about 30 percent on average, Bloomberg said, citing a person briefed on the matter.
Posted by The PIPEs Report on January 27, 2012
Citigroup Global Markets and Piper Jaffray & Co. acted as the joint book-running managers on a $…
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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
(Reuters) – Citigroup Inc fourth-quarter profit fell 11 percent and missed Wall Street estimates as the European debt crisis battered capital markets, hurting trading revenue and discouraging clients from doing deals.
Posted by Reuters: Business News on
(Reuters) – Citigroup Inc fourth-quarter profit fell 11 percent and missed Wall Street estimates as the European debt crisis battered capital markets trading and discouraged clients from doing deals.
