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Billionaire John Paulson sold his entire stakes in Bank of America Corp. and Citigroup Inc. (C) in the fourth quarter before the bank’s shares rallied. Paulson & Co. sold 25.1 million shares of Citigroup valued at $643 million as of Dec. 31 ...  
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Feb. 15 (Bloomberg) -- An ex-Citigroup Inc. executive accused in a probe by Japanese regulators of suspected interest- rate manipulation denied wrongdoing and said authorities never questioned him before they issued findings. Christopher Cecere ...  
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(Updates with impact on pay and incentives, Citigroup comment letter, starting in the seventh paragraph.) Feb. 14 (Bloomberg) -- John S. Reed, who helped engineer the merger that created Citigroup Inc., said the U.S. should make the proposed ...  
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SHANGHAI Feb 10 (Reuters) - Citigroup Inc plans to increase staff in China, which is one of its fastest growing businesses in the world, Chief Executive Officer Vikram Pandit was quoted as saying. The New York-based lender announced in December ...  
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Feb 14 (Reuters) - Pershing Square Capital Management LP: * Pershing Square cuts share stake in Citigroup Inc by 1 percent to 15.2 million shares * Pershing Square cuts share stake in Kraft Foods Inc by 17 percent to 12.2 million shares * Pershing Square ...  
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Feb. 10 (Bloomberg) -- Citigroup Inc., which priced a $436.7 million collateralized loan obligation for Apollo Global Management LLC earlier this month, said CLO debt is “cheap” compared with the underlying loans in the fund. High-yield ...  
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10 (Bloomberg) -- Citigroup Inc., JPMorgan Chase & Co. and 15 other underwriters reimbursed ... “We’re pleased the banks cooperated with our effort to get taxpayers’ money back,” Tom Dresslar, a spokesman for Lockyer, said Feb. 8 in ...  
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Pandit said that he did not see an overhang of the EU financial crisis on emerging markets; but warned that the world needs at least 600 million jobs in the next decade including 200 million in the immediate future. ET@Davos: 'India can't manage ...  
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NEW YORK -(Dow Jones)- U.S. banks have been dogged in recent years by tougher regulation and sluggish loan growth. But Citigroup Inc. (>> Citigroup Inc.) believes things will turn around for its U.S. retail banking operations. By 2014, "people will really ...  
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Jan. 27 (Bloomberg) -- Vikram Pandit, chief executive officer of Citigroup Inc., Anshu Jain, who will become co-CEO of Deutsche Bank AG in May, Robert Diamond, CEO of Barclays Plc, and James Gorman, CEO of Morgan Stanley, talk about the outlook for the banking industry and market sentiment. They spoke at the World Economic Forum in Davos, Switzerland. (Source: Bloomberg)  
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advancement and leadership of women. Attracting and developing the best talent is one of our highest priorities. We are committed to providing the skills, experience, training and support that emerging and established leaders need to succeed”.  
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NEW YORK--(BUSINESS WIRE)--Citigroup Inc. today issued the following statement on the agreement in principle on residential loan servicing and origination practices: “CitiMortgage, along with other major mortgage servicers, has reached an agreement in principle with the United States and with the Attorneys General for 49 states and the District of Columbia to settle a number of related investigations into residential loan servicing and...  
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Feb. 7 (Bloomberg) -- China’s decision to allow Citigroup Inc. to issue credit cards in its own name may signal a step toward the government in Beijing opening its banking industry. New York-based Citigroup is the second foreign bank, and the ...  
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The merchant bank Next Street has partnered with financial services company Citigroup Inc. to create Next Street Opportunity Fund, a $30 million pool of lending capital for inner-city, high-performing small businesses. Citigroup will contribute $25 million.  
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eMoneyDailyCitigroup Inc. (NYSE:C) Investigation Finds Scam FailureseMoneyDailyAn internal investigation has revealed that Citigroup Inc. (NYSE:C) failed to act on Puri scam warning signals in India. Citigroup Inc. (NYSE:C) Investigation Finds Scam Failures An internal Investigation by Citigroup Inc. (NYSE:C) in India has ...  
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