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- Citi to put 20 of its European consumer fin units on block
Citigroup plans to sell 20 businesses in consumer finance area, many of them located in Europe, its CEO Vikram Pandit said in an interview ...
06 Aug, 2009, 01.53 AM IST
- Except Pandit, all executives out of Citigroup board
After naming of 3 new outside directors on Friday, Vikram Pandit is the only executive to stay on the Citigroup board. Gainers: BSE ( A, B ...
24 Jul, 2009, 07.57 PM IST
- Citigroup closes portion of debt exchange
The exchange did little to sway Citigroup's stock price. Shares rose 3 cents, or 1.1 percent, to $2.83 in afternoon trading.
24 Jul, 2009, 01.00 AM IST
- Citi's Pandit among 20 worst ever CEOs; Lehman's Fuld on top
Citi's Vikram Pandit is among 20 worst ever CEOs in US history, but the top honours has gone to Lehman Brothers' Dick Fuld. Oracle's Elliso...
23 Apr, 2009, 09.45 PM IST
Obama administration wants to buy up banks' toxic assetsOfficials familiar with the details expect the approach would try to remove as much as $1 trillion from banks' books. How the bailout adds ...
22 Mar, 2009, 02.52 AM IST
Citi deal with Morgan Stanley may face $4 bn taxes: MediaCitigroup's deal to sell its brokerage unit to Morgan Stanley is expected to bring about four billion dollar tax revenue to the US govt.
13 Jan, 2009, 02.55 PM IST
- Citi, Morgan Stanley near deal on brokerage: Report
Ailing US banking giants Citigroup and Morgan Stanley are near a deal for a joint venture to create the world's biggest brokerage, newspape...
12 Jan, 2009, 08.45 PM IST
- Financial storm has silver lining for Britain's Brown
British Prime Minister Gordon Brown has been sporting a rare smile recently, despite the worst financial crisis since the 1930s - as opposi...
12 Oct, 2008, 08.40 AM IST
- Deal's crucial to entire economy, warns US Inc
Officials from Microsoft to Office Depot and Schering-Plough said the government's failure to bail out the US banking industry put the enti...
01 Oct, 2008, 04.45 AM IST
- Merrill Lynch hires 6 bankers from Lehman Brothers
Merrill Lynch, which is being acquired by Bank of America, has hired six investment bankers from another troubled US financial major Lehman...
30 Sep, 2008, 03.59 PM IST
- Citigroup mulling bid for Washington Mutual: Report
New York-based Citigroup Inc is considering to make a bid for financial services provider Washington Mutual Inc, that has been beleaguered ...
19 Sep, 2008, 08.37 PM IST
- Breaking up big banks questioned as losses mount
America's biggest banks have suffered unprecedented losses from the ongoing credit crisis, and that's made some investors question whether ...
16 Aug, 2008, 03.54 AM IST
- Wachovia names Treasury undersecretary as new CEO
Wachovia Corp, the fourth-largest U.S. bank, named Treasury Undersecretary Robert Steel chief executive on Wednesday, ending a nearly six-w...
10 Jul, 2008, 06.25 AM IST