CEO Chuck Prince

Citigroup CEO Chuck Prince is out as the housing credit crisis continues to impact U.S. businesses. AP correspondent Warren Levinson reports. (Nov. 5)Read Full Story

Citigroup , U.S. stocks, rose led by financial stocks after earnings from Citigroup Inc. exceeded estimates and an unexpected drop in industrial production added to signs the Federal Reserve will buy more assets to power recovery. Citigroup, the bank 12 percent owned by U.S. taxpayers, increased by 3.3 per cent, resulting in a measure of financial companies for the biggest gain in the Standard & Poor's 500 Index. Hasbro Inc., Toy Company second in the world, rose 6.2 percent after reporting...Read Full Story

Jan. 21 (Bloomberg) -- Shen Minggao, chief economist for Greater China at Citigroup Inc., talks with Bloomberg's Susan Li about China's double-digit economic growth and its impact on the yuan. Gross domestic product rose 10.7 percent in the fourth-quarter from a year before, a statistics bureau report showed in Beijing today. Shen speaks in Hong Kong.Read Full Story

Just as things were getting better for Chuck Prince the credit crisis roared its ugly head. Prince is once again under the gun and this time he may be forced to give up. As the bank warned on Monday that its third-quarter profit would slide 60 percent pressures grew again for Prince's head. For more on the growing story: 24/7 WallStreet Washington Post FT FT AlphaVille AOL Money & Finance BloggingstocksRead Full Story

Prince's time may finally be up. As Citi's stock continues to slide and calls for Prince's head have grown the end seems near. Charles Prince, Citigroup Inc.'s CEO, will offer to resign Sunday, according to sources cited in a Wall Street Journal report. For more: Telegraph UK Reuters Wall Street Journal CNN Bloomberg AP AFP ReutersRead Full Story