Jamie Dimon is a billionaireAccording to the Bloomberg Billionaires index, Dimon, the CEO of JPMorgan, is one of the few banking executives to become a billionaire.
04 Jun, 2015, 02.49 PM IST
Narendra Modi can set growth example for world: Jamie DimonWhenever you make a mistake there are lessons. We did not have the right controls around a risky trading activity that we should have had.
06 Jun, 2014, 11.13 AM IST
Citigroup expects majority of biz from emerging mkts, says Vikram PanditPandit said Citi is set to glean majority of its business from emerging markets with Asian and Latin American consumers.
21 Aug, 2012, 11.24 PM IST
Sandy Weill says US lenders should be broken up to protect taxpayersSandy Weill, who ushered in the era of supermarket banks with the creation of Citigroup Inc, said US lenders should be broken up to protect...
27 Jul, 2012, 01.53 AM IST
- Citi sells Japanese securities units to Sumitomo for $5.5 bn
Citigroup Inc, under pressure to raise capital, agreed to sell its Japanese securities units to Sumitomo Mitsui Financial Group Inc for 545...
02 May, 2009, 02.12 AM IST
- Banks retain perks for former execs despite taxpayer bailouts
Looking for Charles O ‘Chuck’ Prince, ousted 15 months ago as Citigroup Inc’s chief executive officer? Just call his extension at the bank,...
18 Feb, 2009, 02.45 AM IST
- Citigroup flop exposes folly of empire-building
Citigroup’s failure undercuts the strategy of many US businesses. Bigger is better, CEOs argue. But is it only for their pockets? 2008: Yea...
26 Nov, 2008, 06.50 AM IST
- Booster shot for Citi Group & its after-effect
Markets have welcomed the US government’s booster dose for Citigroup, but questions remain on the impact on American taxpayer, Citi shareho...
25 Nov, 2008, 12.02 AM IST
- Dimon rises as Wall Street flounders
With the acquisition of Washington Mutual, JPMorgan Chase chief executive Jamie Dimon is starting to look a little more like this century’s...
27 Sep, 2008, 01.38 AM IST
- Citigroup aims to sell $400 bn in assets
Citigroup, the largest US bank plans to shed $400 billion of assets within three years and boost revenue by up to 10%.
10 May, 2008, 01.30 AM IST
- Citigroup’s supremacy slips after 10 yrs as biggest American bank
Bank’s decision to cut down assets may give BoA an edge
25 Mar, 2008, 12.37 AM IST
- Citigroup CFO Crittenden to lead review of costs
Citigroup, the largest US bank, named chief financial officer Gary Crittenden to oversee the “front-to-back” overhaul of expenses that chie...
15 Dec, 2007, 12.39 AM IST
- Pandit may have to tweak Citi strategy
Sanford “Sandy” Weill, who spent 17 years merging banks, brokers and insurers to make Citigroup the largest US financial company , said tha...
14 Dec, 2007, 05.29 AM IST
- Prince goes, but Weill's profit machine's stuck
The biggest US bank by assets, Citigroup, said that subprime mortgages and related securities lost as much as $11 billion of their value in...
06 Nov, 2007, 12.27 AM IST
- Bank of America overtakes Citi as largest bank
Bank of America surpassed Citigroup to become the world’s largest bank by market value. Based on reported shares outstanding, Bank of Ameri...
30 Nov, 2006, 01.18 AM IST
- Three years on, Citi CEO under pressure to deliver
While Citigroup chief executive Charles Prince spent much of his first three years unwinding a tangle of ethics problems, the heat is now o...
28 Sep, 2006, 12.38 AM IST
- BankAm topples Citi as world's largest bank
Bank of America on Tuesday became the world’s largest bank by market value, dethroning longtime leader Citigroup.
09 Aug, 2006, 02.03 AM IST