Citigroup News
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Yet again the banks are expected to announce record bonuses, estimated to be $156 billion for 2011. These bonuses are not confined to the U.S.
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New York -
A federal judge rejected a $285 million dollar settlement between Citigroup and the Securites and Exchange Commission Monday after determining that the American financial watchdog had to prove – rather than just claim - the bank committed fraud.
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Could having a good figure and wearing attractive clothing get you fired? One Citigroup banker in New York is claiming that this is precisely what happened to her.
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Stock market manipulations and subsidies continue profiting Wall Street at our expense -- a week after the stock market lost almost a trillion dollars in a matter of hours, the four largest banks claimed to make money for 63 trading days in a row
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Washington -
The United States Treasury Department has announced that it will sell its 7.7 billion shares stake in Citigroup that it acquired during the banker bailouts, amounting to $33.2 billion.
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As of April 1, Citigroup may not allow its customers to withdraw money from their accounts and could require an advanced notice of seven days for withdrawals.
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The Abu Dhabi Investment Authority (ADIA), the sovereign wealth fund owned by the oil-rich state in the United Arab Emirates (UAE) which shares its name, is suing the U.S. bank Citigroup for what it claims is fraudulent misrepresentation.
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Citigroup, the world’s biggest financial convalescent, is trying to walk on its own by repaying the TARP money it received. It’s hoping to use re-capitalization from sales and a stock offering to cover the large hole in the operational capital.
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AMR Corporation, parent of American Airlines, announced today that it has raised $2.9 billion in funds, chiefly through deals with Citigroup Inc. and General Electric.
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TARP is the big bailout, the Troubled Asset Relief Program. A bit of digging, and you’ll find a PDF which refers to Citigroup’s last quarter since the bailout. It's about what Citigroup has been doing with all that Federal money.
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Citigroup Headlines
US banking giant Citigroup says its quarterly profits have declined amid "uncertainty" over the global economy.
Citigroup shareholders vote against giving top executives a bigger pay deal in a rare show of investor discontent.
Shareholders file a new lawsuit filed over executive pay at Citigroup.
Citigroup may get one step closer to a potential legal onslaught from shareholders if it proceeds with its compensation package that was contested by investors in a "say-on-pay" vote this week.
A Citigroup shareholder filed a lawsuit against Citigroup CEO Vikram Pandit and the bank's directors over a compensation package that was contested by investors in a rare failed "say-on-pay" vote this week.
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Citigroup Blogs
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Mainstream media is notorious for disinformation and smear propaganda especially when it comes to Ron Paul. The...
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