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Saturday, February 11, 2012
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Citigroup
Citi posts $7.6 bn loss in Q4 `09; sees `enormous` progress
Banking behemoth Citigroup has reported a loss of USD 7.6 billion for the three months ended Decem...
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Saudi prince to Pandit: Restore Citi`s stature
Saudi Prince Al-Waleed Bin Talal, who is a major investor in Citigroup, says he has told the banking...
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Saudi billionaire eyes new links with News Corp
The Saudi billionaire whose investment firm is one of the biggest stakeholders in Rupert Murdoch`s N...
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Citi sells shares worth Rs 971 cr in Indian cos in 2 days
Continuing its selling spree for the second day on Thursday, foreign fund house Citigroup Global sol...
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Comments (0)
Citigroup sells shares worth Rs.480 cr of 35 Indian firms
Foreign fund house Citigroup Global has sold shares valued over Rs 480 crore of 35 Indian companies,...
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Citigroup raises India GDP estimates
The Indian economy may grow at 7 percent in the current financial year backed by buoyant industry gr...
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Citigroup repays $20 billion to US
Citigroup Inc repaid USD 20 bn to the US, as the bank works to reduce govt involvement in its compen...
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FBI probes computer security breach targeting Citigroup
FBI is probing a computer- security breach targeting Citibank that resulted in a theft of tens of ...
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Citi to raise $20 bn to pay back US government
Citigroup intends to raise $20.5 billion in the stock market as part of its plan to repay bailout mo...
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Comments (0)
Citigroup, Wells Fargo repay govt bailout funds
The last two major national banks are returning USD 45 billion in aid to taxpayers, marking the late...
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Kuwait Finance Minister says no dispute with Citi: Report
Kuwait`s sale of its stake in Citigroup earlier this month was not due to a dispute with the US bank...
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Citigroup in talks for USD 15 bn equity offering: Report
Global financial services firm Citigroup is in advanced talks with regulators over its plans to ra...
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Kuwait sells Citigroup stake for $4.1 billion
Kuwait`s sovereign wealth fund said Sunday it booked a profit of USD 1.1 billion by selling the stak...
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Citigroup sells Diners Club North America cards biz
Citigroup on Tuesday said it is selling its Diners Club North America card business to BMO Financia...
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Citi to sell Bellsystem stake to Bain
Citigroup Inc said on Sunday it has agreed to sell its stake in Japanese telemarketer Bellsystem24 t...
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Citigroup to relaunch its hedge fund ops: Report
Financial service major Citigroup is planning to relaunch Citi Alternative Investments, a unit that ...
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Citigroup drops USD 4.5mn renovation plan: Report
Financial services major Citigroup has abandoned planned USD 4.5 million renovation of its headquart...
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Citi records $101 mn profit on recovery road
The Citigroup reported a slim profit of just USD 101 million in the third quarter.
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Citigroup posts $101 mn Q3 profits; credit loss at $8 bn
Banking behemoth Citigroup has posted profits of USD 101 million for the third quarter, even as th...
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Citigroup set to pay $6,00,000 in fine to FINRA: Report
Citigroup will have to pay USD 6,00,000 in fine to an US regulator for providing derivative transa...
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Citigroup hires Washington `insider` Richard F Hohlt: Report
Citigroup has hired the services of Richard F Hohlt, a long time Washington "insider" with a histo...
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Citigroup hires Washington `insider` Richard F Hohlt: Report
Citigroup has hired the services of Richard F Hohlt, a long time Washington "insider" with a histo...
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Citi to sell oil trading unit to Occidental Petroleum
US banking giant Citigroup has agreed to sell its oil trading unit Phibro LLC to Occidental Petroleu...
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FDIC questions positive review of Citi management: Report
The US regulator Federal Deposit Insurance Corporation has questioned the generally positive conclus...
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Citigroup review: US govt gives clean chit to Pandit
A management review, as requested by federal regulators, has questioned some of its top deputies, a ...
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Citigroup plans to sell energy-trading unit Phibro: Report
Financial major Citigroup is planning to sell its energy-trading unit Phibro, which came under flak...
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Chinese regulator for Citigroup`s expansion in China: Report
A top Chinese regulator for foreign banks has said Citigroup should expand its local operations in...
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RBI likely to start hiking rates by April 2010: Citi
The RBI is likely to reverse its soft rate regime by as early as April next year and increase its k...
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Citi sues Morgan Stanley over CDS, claims $245 mn
Citigroup Inc sued Morgan Stanley on Friday for breach of contract, saying the Wall Street firm owed...
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Citigroup plans to scale back US operations: Report
Citigroup is planning to scale back its US branch network to six major metropolitan cities, includin...
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Singapore`s GIC slashes stake in Citigroup to below 5%
Government of Singapore Investment Corp today said it has reduced its stake in global financial ser...
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Annual salary of $100 mn is too much for a banker: Pandit
Financial services provider Citigroup chief executive Vikram Pandit has said an annual compensation ...
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Citigroup hires Bank of America Merrill Lynch`s Tsang
Financial services firm Citigroup has hired Rodney Tsang, one of the Bank of America Merrill Lynch...
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3 Indian origin men among 25 highest paid globally: Fortune
Sanjay Jha of Motorola and Vikram Pandit of Citigroup are among the three who have made it to the ...
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Comments (1)
US looking at selling Citi shares: Report
The US Treasury Department is talking to Citigroup Inc about how to sell the roughly one-third stake...
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Singapore`s DBS Group appoints Citi`s Piyush Gupta as CEO
Singapore`s DBS Group Holdings Ltd, the biggest bank in South-East Asia, said Tuesday that it has ap...
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Citi cuts India`s growth outlook to 5.8% for FY ‘10
Financial major Citigroup on Tuesday slashed its outlook for India`s gross domestic product to 5.8 p...
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Citigroup plans to sell 20 businesses: Report
Troubled financial services entity Citigroup plans to sell about 20 businesses mainly in the consu...
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Sumitomo Trust to buy Citi`s Japanese asset mgmt arm
Sumitomo Trust and Banking Co will acquire Nikko Asset Management, the Japanese asset management arm...
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Citi to keep expanding in India, China
Citigroup Inc`s Indian American chief executive Vikram Pandit says he hopes to continue expanding th...
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Citi nears completion of public exchange offer
Banking behemoth Citigroup has completed the public exchange of about USD 20.3 billion-worth publi...
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Citigroup cuts nearly 30,000 jobs in second quarter
Citigroup has slashed nearly 30,000 jobs in the second quarter of this year as the banking major res...
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Day in pics
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Day in Pics: 11th February
Day in Pics: 10th February
Day in Pics: 9th February
Day in Pics: 8th February
Day in Pics: 7th February
Day in Pics: 6th February
Day in Pics: 5th February
Day in Pics: 4th February
Winter chill in Europe
Day in Pics: 3rd February
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Blogs
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The fall of Man-mohan
A govt that does not have the will to power has no right to exist.
Yuvi`s toughest innings...
Life can be very unpredictable but we have to take it head on.
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