Citigroup Inc.
Latest Citigroup Inc. News
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US Banks Try to Clean up Remaining Mortgage Mess
announced Monday also include Citigroup , MetLife Bank, PNC Financial giving me the runaround." Citigroup said in a statement that it benefits for homeowners." Citi expects to record a charge as GMAC; Bank of America; Citigroup ; JPMorgan Chase and Wells
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Business Highlights
make enough noise to be heard at higher speeds. ——— Citigroup names Forese, Medina-Mora co-presidents NEW YORK (AP) — Citigroup 's new CEO is continuing to put his imprint on the bank, naming co-presidents
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10 Banks Agree to Pay $8.5B for Foreclosure Abuse
would pay for other assistance including loan modifications. The companies involved in the settlement also include: Citigroup , MetLife Bank, PNC Financial Services, Sovereign, SunTrust, U.S. Bank and Aurora. The 2011 action also included
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Citigroup Names Forese, Medina-Mora Co-Presidents
Citigroup 's new CEO is continuing be responsible for all of Citi 's institutional businesses institutional clients group. Citigroup said that the operations Kaden previously served as Citigroup 's chief administrative Federal Reserve on Monday. Citigroup Inc .'s stock shed 27 cents
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Zipcar, Marriott, Qualcomm Are Market Movers
study. Parexel International Corp., up $1.53 at $31.12 A Citi Research analyst raised his rating on the pharmaceutical research competition. Qualcomm Inc., up $2.89 at $64.75 An analyst at Citi Research added the mobile phone chip maker to its Top Picks Live
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A Surprisingly Good Vintage as Market Logs Gains
their restructuring efforts after the recession. Bank of America more than doubled, gaining $6.05 to $11.61 and Citigroup advanced $13.25, or 50 percent, to $39.56. Utilities, the best-performing industry group last year, was
News
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Predictions From Market Experts for 2013
winding up by the end of 2013 and why. The S&P 500 closed out 2012 at 1,426 on Monday, up 13 percent for the year. CITIGROUP : Year-end target for the S&P 500 index: 1,615. Reasoning: Modest improvement in the economy and better company
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Financial Stocks Were the Biggest Gainers of 2012
sectors in the index advanced in 2012. — Financials. The stocks of insurers and banks, led by Bank of America and Citigroup , gained 26.3 percent. — Consumer discretionary. Home builder PulteGroup and appliance maker Whirlpool were among
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Financial Stocks Were the Biggest Gainers of 2012
sectors in the index advanced in 2012. — Financials. The stocks of insurers and banks, led by Bank of America and Citigroup , gained 25 percent. — Consumer discretionary. Home builder PulteGroup and appliance maker Whirlpool were among the
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AP IMPACT: Ordinary Folks Losing Faith in Stocks
stock. On Wall Street, the investor revolt has largely been dismissed as temporary. But doubts are creeping in. A Citigroup research report sent to customers concludes that the "cult of equities" that fueled buying in the past has little chance
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AP IMPACT: Ordinary Folks Losing Faith in Stocks
stock. On Wall Street, the investor revolt has largely been dismissed as temporary. But doubts are creeping in. A Citigroup research report sent to customers concludes that the "cult of equities" that fueled buying in the past has little chance
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FINRA Fines 5 Banks $4.5 Million Over Fees
used municipal and state bond funds to pay lobbyists. The regulatory agency said Thursday that between 2006 and 2010 Citigroup , Goldman Sachs, JP Morgan, Merrill Lynch and Morgan Stanley made payments to California business lobbying group Cal
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D.C . Man Sues Comcast Over Error That He Claims Cost Him $26,000
Northwest Washington, D. C ., home, Courthouse News Environmental Strategies, a D. C . lobbying firm, had no idea refinance his mortgage with Citibank , and his credit report showed of this outstanding debt, Citibank required Himmelstein to pay negligence against Comcast in D. C . federal court. They have recoup the $26,000 that Citibank required him to pay to refinance
Videos
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Citigroup Paying Back Billions
but this is also because of news this morning about Citigroup Citigroup reaching a deal. With the US government to repay the week up zero point. 8%. So you mentioned this Citigroup 's repayment of the TARP money. Something a lot
recent weeks but this is also because of news this morning about Citigroup Citigroup reaching a deal. With the US government to repay. About 45 billion dollars that the government invested in the bank as part8%. So -- you mentioned this Citigroup's repayment of the TARP money. Something a lot of people have been looking to see -- whether these banks would repay significantThe biggest bank and it still had part money so now at Citigroup is getting out of the program we saw Bank of America get out of it. Just the other week so this is -
Housing Slump Tied to Citigroup Losses
pay. The value of the investments collapsed forcing Citigroup to declare them worthless. The bank has lost more than governments like Singapore and Kuwait. Experts say the what Citigroup in a better position to cut future losses and stay competitive
homeowners couldn't afford to pay. The value of the investments collapsed forcing Citigroup to declare them worthless. The bank has lost more than eighteen billion dollars since the housing slump started. To deal with the losses city announced several measures today the company will cut its dividend payments to shareholders. Continued to cut its payroll. Already thousands have lost their jobs. And city took in more than fourteen billion dollars in new investments from foreign governments like Singapore and Kuwait. Experts say the -- what Citigroup in a better position to cut future losses and stay competitive. But they say the bank still has big risks tied to -
More Extravagance for CitiGroup
the question where's the money. Citigroup pocketed 45 billion dollars of the a plane the answer should be yes Citigroup says. Know now what this really corporate excess. Problem is while Citigroup is the proud new owner taxpayers
Our ongoing pursuit of the question where's the money. Citigroup pocketed 45 billion dollars of the government's first rescue package admitted Monday. It plans to spend fifty million dollars on a brandthe money gonna spending on a plane the answer should be yes Citigroup says. Know now what this really brings to light is this confusion about what we know is going on inside these companies.wrapped in the luxury the epitome of corporate excess. Problem is while Citigroup is the proud new owner taxpayers are footing the bill. -
Taking a Stake in Citigroup
US government just taking a much bigger stake in Citigroup to boast the bank's capital and keep it afloat unit this year to break it down let's start with Citigroup . Also Citigroup today would there was this announcement really expected
The US government just taking a much bigger stake in Citigroup to boast the bank's capital and keep it afloat. And today we learned the economy was worse than we realized in theAlso Citigroup today would there was this announcement really expected through most of the week. That the government would take some of the 45 billion dollars already provided to Citigroup's that this is not new money going to the bank. And due to technical shift in how the money is is appropriatebe economy turned around all right Charlie -- for business unit of Citigroup in the GDP figures announced today thank you. -
Citigroup CEO Thanks U.S. Taxpayers
the company's history. Of receiving extraordinary government support. Has this panel to an inescapable conclusion. Citigroup along with a handful of other financial institutions. Enjoys an implicit government guarantee. Evidence thus far suggests
receiving extraordinary government support. Has -- this panel to an inescapable conclusion. Citigroup along with a handful of other financial institutions. Enjoys an implicit government guarantee. Evidence thus far suggests that the United States government -
Executive Pay
first time voting down CEO pay its Citigroup comes just as new figures show where another 9%. But these investors at Citigroup had any today among them a group The big question tonight will Citigroup listen. In first for the big banks
CEO pay. Shareholders for the first time voting down CEO pay its Citigroup -- comes just as new figures show where the wealth is growing in this country. In fact look at this in the last three years earnings for Americans already at the top those who were more than 90% of the pay out there already. It rose another 9%. But -- these investors at Citigroup had any today among them a group of nuns who say they want accountability. The big question tonight will Citigroup listen.the big banks' shareholders said no way. Voting down the -- that Citigroup gave its CEO Vikram Pandit for his work this past year fourteen point nine million dollars. -- additional ten million in what'sWell the chairman of Citigroup is now calling the -- a quote serious matter and says the board will meet with shareholders to discuss their concerns. No -
Layoffs and Losses at Citigroup
Citigroup America's largest bank announcing this to big banks none has been harder hit Citigroup . CEO chuck prince was ousted in November product of the United Arab Emirates. Citigroup is reportedly looking to global investors
Citigroup America's largest bank announcing this morning that it is slashing its dividend laying off some 4000 workers which brings the total to 20000. All because of a whopping eighteen billion dollars in loan losses just about wiping out the bank's profits for all of last year. ABC's be -- ankle -- here is live at the New York Stock Exchange and she has what it means for all of us --losses to -- big banks none has been harder hit -- Citigroup . CEO chuck prince was ousted in November the company has lost nearly 130. Billion dollars in value in the past six months. That's more than the gross domestic product of the United Arab Emirates. Citigroup is reportedly looking to -- global investors for a bailout including its largest shareholder Saudi prince Al Waleed bin Talal. This after one was passed up earlier this week by the Chinese Government. But with unemployment at a two year high. News that thousands of Citigroup bankers will be out of the job by year's end is yet another negative headlines for a slowing economic picture -- LookOne positive note while Citigroup sent the day's losses are clearly unacceptable the company did announce that it has found twelve and a half billion dollars in












