FierceFinanceFierceFinanceITFierceCompliance IT   FierceCIO
Syndicate content

Citigroup news from FierceFinance

News

JPMorgan pulls plug on Citigroup execs' fund

How hard is it to make it in the alternative investment industry these days? Maybe that's a good question for former Citigroup star executives Robert Willumstad and Marjorie Magner, the former chief... Read more...

What to make of Citi's credit card moves?

This might shape up as an important test case of what it means to be a big bank that's owned heavily by taxpayers. The Financial Times reports that Citigroup has boosted interest rates on 15 million... Read more...

Citigroup's PR disaster in Japan

This is exactly what Citigroup doesn't need right now: Japan's financial regulator has essentially banned the bank from the retail market for a month after uncovering deficient controls related to... Read more...

More on pay disadvantage at Citigroup

We've noted that the big banks that can't quickly shake their TARP burdens--Citigroup and Bank of America--face lots of issues, chief among them is the ability to attract to talent. CNNMoney notes... Read more...

Citigroup lays new plans for pay

Citigroup is aiming to stay competitive when it comes to hiring with new compensation plans that will boost salaries to offset expected smaller bonuses. The New York Times says salaries will rise by... Read more...

And the league table winner is...

Morgan Stanley has taken the top spot in the league tables for U.S. acquisitions. Reuters reports that based on data from Thomson Reuters, Morgan Stanley advised on 34 U.S. deals with a total value... Read more...

Bove on the future of Citigroup

Richard Bove--a veritable media figure these days, the "dean of banking analysts" according to Barron's--is bullish on Bank of America and Citigroup. Speaking of the latter, "If you think we are... Read more...

Citigroup Inc.

CEO: Vikram Pandit Purchase Date: 10/28/08 Amount: $45B Repayment Status: Has yet to apply for repayment. Related Articles:How much will TARP hurt Citigroup?Citigroup's stealth poison pillStill... Read more...

Does Pandit deserve more time?

There has been no shortage of calls from the press, regulators and others to oust Citigroup CEO Vikram Pandit. Breakingviews.com weighs in with a plea to give him more time. It notes that he's... Read more...

Rising star at Citigroup: Ned Kelly

As people debate the future of Citigroup CEO Vikram Pandit, one Citigroup executive seems to be rising: CFO Ned Kelly. It may be unwise to throw him into the succession issue, but he's "been gaining... Read more...

Press Releases

Citi Board Names Vikram Pandit Chief Executive Officer and Sir Win Bischoff Chairman

New York – The Board of Directors of Citi today announced that it has appointed Vikram Pandit as the company's new Chief Executive Officer and member of the Board of Directors, effective Read more >>

Citigroup appoints Jorge Bermudez as Chief Risk Officer

FOR IMMEDIATE RELEASE Citigroup Inc. (NYSE: C) November 16 2007 New York – Citi today announced the appointment of Jorge A. Bermudez as Chief Risk Officer, with responsibility for market, credit, Read more >>

Robert E. Rubin to Serve as Chairman of the Board of Citi

Sir Win Bischoff to Serve as Acting Chief Executive Officer Charles Prince Elects to Retire from Citi New York – The Board of Directors of Citigroup Inc. today announced that Robert E. Rubin, Read more >>

John Redpath Joins Deutsche Bank as Global Head of Oil Products and Agriculture Trading

Deutsche Bank Securities Inc. today announced that John Redpath has joined as a Managing Director and Global Head of Oil Products and Agriculture Trading in the Global Markets division. In this role, Read more >>