Vikram Pandit

Ivanhoe Mines Ltd., developing the Oyu Tolgoi project in Mongolia with Rio Tinto Group, hired Citigroup Inc. as an adviser on strategic options including equity investments and “various corporate transactions.”  

Financial services major Citigroup Inc's chief of investment banking John Havens received over $9 million in compensation last year, making him the highest paid employee in the firm, a media report said.  

Jan. 6 (Bloomberg) -- Thongmakut Thongyai, managing director of Citigroup Inc.’s Thai equity unit, said he resigned after five years at the brokerage to become chief executive officer of SCB Sec...  

BOSTON (MarketWatch) -- Citigroup analyst Ashwin Shirvaikar issued a bullish note on the staffing sector early Wednesday, raising ratings on Robert Half International Inc. and Manpower Inc. to buy from hold. He cited "improving signs in the temporary employment sector over the past several months" as well as "optimism on the long-term secular trends in the staffing market" for the moves. However, he maintained his hold rating on Kelly...  

NEW YORK--(BUSINESS WIRE)--John Gerspach, Chief Financial Officer, and Eric Aboaf, Treasurer, will conduct a fourth quarter 2009 Fixed Income Investor Review at 8:00 AM (EST) on January 21, 2010. The review will be available live via webcast and teleconference. The press release, webcast and presentation materials will be available at http://www.citigroup.com/citi/fin. A replay of the webcast will be available at http://www.citigroup.com/citi...  

Jan. 5 (Bloomberg) -- Vietnam’s fourth-quarter growth exceeded market expectations and the country’s full-year expansion was “far more resilient” than the rest of Asia with the exception of China, Citigroup Inc. said. The economy expanded 6.9 ...  

Filed under: Management, Employees, Citigroup Inc. (C)A few lucky executives at Citigroup (C) received base pay raises this year, but CEO Vikram Pandit isn't among them. The bank announced that it will compensate Pandit exactly $1 for his services, with no stock salary. Last year, the chief executive collected a modest salary (by Wall Street standards) of $958,333. Meanwhile, Chief Financial Officer John Gerspach's base compensation was hiked...  

SEATTLE--(BUSINESS WIRE)--Marchex, Inc. (NASDAQ:MCHX), a leading performance advertising company, today announced that Russell C. Horowitz, Chairman and CEO, will participate at the following investor conference: 2010 Citi Entertainment, Media and Telecommunications ConferenceDate: Wednesday, Jan. 6, 2010Time: 11:50 a.m. Pacific TimeThe Palace Hotel, San Francisco, Calif. The live audio Webcast and archived version of the Marchex presentation...  

Citigroup Inc. and Marshall & Ilsley Corp. were among the worst performing stocks in the Standard & Poor’s 500 Index this year, dragged down by defaults on commercial and residential property loans that may extend declines into 2010.  

NEW YORK, Jan. 5 /PRNewswire/ -- Ivan Seidenberg, chairman and chief executive officer of Verizon Communications Inc. (NYSE: VZ), will speak at the Citi 20th Annual Global Entertainment, Media and Telecommunications Conference in San Francisco on Wednesday, Jan. 6.  

Citigroup Inc. (NYSE: C) Chief Executive Vikram Pandit said Wednesday the bank is committed to staying in Boston and vowed to bolster its presence here. “There are many more clients we can serv...  

Citigroup Inc., Marshall & Ilsley Corp. and Huntington Bancshares Inc. ended 2009 with the biggest drops in the Standard & Poor’s 500 Index, weighed down by defaulting property loans that may add to their declines this year.  

Boston GlobeCitigroup CEO's annual salary stays at $1MarketWatchSAN FRANCISCO (MarketWatch) -- Citigroup Inc. Chief Executive Vikram Pandit will be paid a salary of $1 this year and will get ...Citigroup CEO Pandi vows Boston growthBizjournals.comCitigroup CEO Vikram Pandit to rake in $1 salaryBloggingStocks (blog)Citigroup CEO's salary stays at $1NDTV.comRediff -MarketNewsVideo.com -Comtex Smartrendall 292 news articles »  

The financial crisis grounded many a high flying corporate honchos while those still standing, including Citi's Vikram Pandit and JPMorgan Chase's Jamie Dimon have created the worst business.  

(CHARTPOPPERS.COM, December 28, 2009 ) Point Roberts, WA - Chartpoppers.com announces an investment report featuring company Citigroup Inc. (NYSE: C)The Consolidated Investment Analysis on Citigroup Inc. (NYSE: C) will be in particular interest to ..  

Citigroup Inc., a global financial services company, that its compensation committee kept Chief Executive Vikram Pandit’s annual base salary at $1 and granted him no so-called stock awards for fiscal 2009, the filing said. The company Chief Executive Vikram Pandit announced that it will be paid a salary of $1 this year and will get no [...]  

LITTLE ROCK, Ark. - Jeff Gardner, president and chief executive officer of Windstream (NASDAQ: WIN), will speak at 12:30 p.m. CST on Thursday, Jan. 7 at the Citi 20th Annual Global Entertainment, Media and Telecommunications conference in San Francisco. A live webcast  

Bloomberg reports that Citigroup CEO Vikram Pandit is now urging the US Treasury and federal regulators to sign-on to a plan which will allow the company to repay the $20bn remaining of its bailout monies.  

NEW YORK - AOL Inc. (NYSE: AOL) today announced that its Chairman and Chief Executive Officer Tim Armstrong will participate in Citi’s 20th Annual Global Entertainment, Media & Telecommunications Conference on Thursday, January 7, 2010 in San Francisco, California. Mr. Armstrong  

Citigroup Chief Executive Vikram Pandit announced preliminary third-quarter results of Citi’s foreclosure prevention activities in Missouri during a visit to St. Louis on Monday. Distressed mor...  

Filed under: Citigroup Inc. (C), Bank of America (BAC)Reports are surfacing that Citigroup (C) may be gearing up to pay back some for the $45 billion it received from the Troubled Asset Relief Program (TARP). According to CNBC, Citi is going to raise as much as $20 billion through a stock offering as part of these plans. The report notes that Citi's CEO Vikram Pandit has changes his travel plans so he can announce an equity offering today...  

By Arun Kumar Washington, Dec 24 (IANS) Banking giant Citigroup, led by Indian American CEO Vikram Pandit, has repaid $20 billion it received in bailout funds as it works to free itself from government restrictions including the pay of its top 100 employees. Citigroup which had received $45 billion under the US Troubled Asset Relief Programme last [...]  

When announcing it wanted to leave government oversight by repaying its $20 billion TARP bailout, Citigroup said it would raise the money by selling stock. However, because it sold $17 billion worth at $3.15/share—less than the $3.25/share the government paid for the stock last year—the U.S. Treasury is delaying the sale of its stake. The NY Times reports, "The turnabout represents a significant setback for [Citigroup CEO Vikram] Pandit...  

Citigroup Inc. said its chief financial officer and co-head of global markets are getting raises, while CEO Vikram Pandit will continue to collect a salary of $1 per year. Citigroup, based in New York, faces restrictions on executive compensation because it... Citigroup - Vikram Pandit - New York City - New York - Executive compensation  

Filed under: Citigroup Inc. (C)It's shaping up to be a rough day for Citigroup (C). Shares dropped 8% in early trading thanks to some rather angry investors. Late Wednesday, the Treasury Department decided to back off a plan to sell some of its shares in Citi. Citi sold 5.4 billion new common shares at $3.15, which brought in roughly $17 billion. Citi also sold 35 million tangible equity units at $100 each, which brought in roughly $3.5...  

Independent research firm Portales Partners on Wednesday issued the pithiest take we’ve seen on Vikram Pandit’s internal memo regarding Citi’s Tarp repayment.We quote:Interpretation of the Day: Deconstructing Vikram Pandit’s internal memo on Citigroup’s (C) TARP repayment…Citigroup:...  

Filed under: Other issues, Rumors, Citigroup Inc. (C)The Wall Street Journal (subscription required) reports that the FBI is looking into a potential computer-security breach that resulted in the theft of tens of millions of dollars from Citibank by computer hackers. These hackers appear to be linked to a Russian cyber gang who targeted Citigroup's (C) Citibank subsidiary, including its North American retail bank and other businesses. This...  

Filed under: Market matters, Citigroup Inc. (C), Wells Fargo (WFC), Stocks to Buy, Cramer on BloggingStocks From TheStreet.com Network Goldman, Catholic Nuns Discuss Compensation Bulls Full of Holiday Cheer TheStreet.com's Jim Cramer says the dilution here was expected, and this one is marching higher. What do you with Citigroup (C) (Cramer's Take) if you bought it on the deal now that you are up so huge? I'd keep it...  

Warrants the U.S. holds in Citigroup Inc., once the most valuable bank in the nation, may provide the lowest return for taxpayers who stepped in with $45 billion to save the company when no one else would. More on Citibank  

Citigroup (NYSE:C) CEO Vikram Pandit isn't ruling out reinvesting in scandal-plagued ACORN, the left-wing community group whose employees were caught on a hidden camera earlier this year allegedly giving advice on how to set up a prostitution ring without getting nabbed by the IRS....  

Filed under: Citigroup Inc. (C)This morning, Bloomberg reported that the Abu Dhabi Investment Authority is attempting to get out of an agreement to purchase $7.5 billion of Citigroup (C) stock. According to the deal, the Investment Authority (ADIA) is to pay eight times Citi's current price. If the deal is forced through, it is seeking more than $4 billion in damages as it claims that Citi used "fraudulent misrepresentations" and misled it...  

Citigroup Inc. said Wednesday that it repaid $20 billion it got from the Troubled Asset Relief Program (TARP) last year, freeing the giant bank from government limits on compensation. Citi also ended a large loss-sharing agreement it struck with the ...  

Photograph from the AP Today, the Wall Street Journal reported, "The Federal Bureau of Investigation is probing a computer-security breach targeting Citigroup Inc. that resulted in a theft of tens of millions of dollars by computer hackers who appear linked to a Russian cyber gang, according to government officials." And the attack allegedly focused on Citibank. The WSJ also points out that the government has a 27% stake in the bank...  

Maria Bartiromo says yes! Vickles has apparently postponed his trip to Disney World, so you know this is legit. Citigroup plans to pay back some of the $45 billion in TARP money it received last year by raising capital through a stock offering of as much as $20 billion, CNBC has learned. CEO Vikram Pandit has changed his travel plans to be able to announce an equity offering, which is similar to that of Bank of America, according to sources...  

Citigroup Inc. (C) is almost close to finalizing a deal with the U.S. government to start repaying the bailout money it has received from the government for its participation in the Troubled Asset Relief Program (TARP) at the height of the credit crisis last year....  

Filed under: Before the bell, International markets, Google (GOOG), Middle East, Market matters, Citigroup Inc. (C), Economic data, Financial CrisisU.S. stock futures were higher Monday morning after Abu Dhabi came to the rescue of Dubai with a $10 billion bailout on a day some debt was to expire. Meanwhile, in the U.S., Citigroup announced it will repay its bailout funds. Stocks are poised to build on Friday's momentum -- blue chip stocks...  

The US financial crisis and the resultant economic downturn pushed many a top honchos out of their corner rooms in 2009, but Citigroup's India-born chief Vikram Pandit continues to steer the once financial colossus out of its biggest ever crisis.  

Music News: EMI buyer alleges false info inflated label’s price -- British equity firm Terra Firma Investments has sued Citigroup Inc., claiming it paid a "fraudulently inflated price" of £4 billion ($6.5 billion) for EMI's label and music publishing interests in 2007 as a result of misrepresentations made by the lender.  

Many people never thought this day would come. Citigroup’s (C) employees and shareholders -- and by definition taxpayers -- are fortunate to have Vikram Pandit at the helm of the struggling bank.After all without him they might have no one.That’s the predicament that Bank of America (BAC) finds itself in after CEO Ken Lewis’s surprise announcement in September that he plans to step down by the end of this year. The board had hoped to announce...  

Filed under: Ford Motor (F), Citigroup Inc. (C), Wells Fargo (WFC), Stocks to Buy, Cramer on BloggingStocks From TheStreet.com Network Should Citigroup Rush to Repay TARP? Citigroup Reportedly Prepping Equity Raise TheStreet.com's Jim Cramer says this one'll make you a bundle by 2012. Buy Citigroup (C) (Cramer's Take). No, not in the open market, but on the deal or deals, depending upon how heavy-handed the government's going...  

Here are the stocks that saw a bias toward call activity in the previous session.This filtered scan is based on the International Securities Exchange (ISE) buy-to-open data...(Read More)  

NEW YORK (Reuters) - Former Citigroup Chief Executive Sanford Weill blamed the bank's problems on personnel decisions and faulted his successor, Chuck Prince, for letting its balance sheet balloon and taking on large risks, according to the New York Times, citing a series of recent interviews.  

WASHINGTON -- Citigroup and other banks starting to repay the billions of dollars they borrowed from the government are getting another boost as they exit the bailout program: Billions more in tax breaks. Tax law allows money-losing corporations like Citigroup Inc. and General Motors Co. ...  

Filed under: Market matters, Citigroup Inc. (C), Cramer on BloggingStocks From TheStreet.com Network How to Earn $1 Citigroup Denies It Was Victim of Hackers TheStreet.com's Jim Cramer says three times a shakeout led to yet-higher prices -- and skittish investors have missed out. Three times this market eluded people. The first was what looks obvious in retrospect but was actually a perilous bottom, back in March. I wouldn't...  

WASHINGTON — Citigroup Inc. will suspend foreclosures and evictions for 30 days in a temporary break for about 4,000 borrowers during the holiday season. The New York-based bank said Thursday the suspension will run from Friday through Jan. 17. It applies only to borrowers whose loans are owned by Citi. Borrowers who make payments to Citi but whose loans are owned by other investors are out of luck. "We want our borrowers to have a...  

Filed under: International markets, Citigroup Inc. (C), PoliticsLast year, a U.S. District Court in Manhattan secretly froze $2 billion held in a Citigroup (C) account. The money was believed to have been held on behalf of Iran, through Luxembourg's Clearstream Banking S.A. In what the Wall Street Journal reports could be the largest seizure of Iranian assets abroad since the Islamic revolution of 1979, several parties are lining up to claim...  

LONDON (MarketWatch) -- Foreign exchange trading platform FXall said Monday that it's agreed to buy Citigroup's [s:c] LavaFX platform for an undisclosed sum. New York-based FXall said the deal will grow its institutional client base to nearly 1,000 customers, including hedge funds, banks and broker-dealers. Currently around 800 institutional investors trade through FXall. Tom San Pietro, CEO of LavaFX, will join FXall as head of active trading...  

Wells Fargo & Co., which owns the No. 1 bank in Raleigh-Durham market share, and Citigroup Inc. are negotiating with government officials to exit the Troubled Asset Relief Program, The Wall Street Journal reports, citing people familiar with the situation. (BAC) (C) (WFC)  

Filed under: Citigroup Inc. (C), Bank of America (BAC)In a case of buy low, sell high, Kuwait's sovereign wealth fund just unloaded its $4.1 billion stake in Citigroup (C). In doing so, the fund scored a $1 billion profit -- and a 37% rate of return on its investment -- according to the Kuwait Investment Authority (KIA). The fund invested in Citigroup in January 2008, before the financial industry came to the brink of collapse last year, but...  

WASHINGTON: Banking giant Citigroup, led by Indian American CEO Vikram Pandit, has repaid $20 billion it received in bailout funds as it works to free itself from government restrictions including ...  

Citigroup Inc. and Marshall & Ilsley Corp. were among the worst performing stocks in the Standard & Poor’s 500 Index this year, dragged down by souring commercial and residential property loans that may extend the declines into 2010.  

NEW YORK (Reuters) - Former Citigroup Chief Executive Sanford Weill blamed the bank's problems on personnel decisions and faulted his successor, Chuck Prince, for letting its balance sheet balloon and taking on large risks, according to the New York Times, citing a series of recent interviews.  

From bnet.com ()

NEW YORK — Citigroup Inc. said its chief financial officer and co-head of global markets are getting raises, while CEO Vikram Pandit will continue to collect a salary of $1 per year. Citigroup, based in New York, faces restrictions on ...  

Zacks.com announces the list of stocks featured in the Analyst Blog Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets Stocks recently featured in the blog include: Citigroup Inc (NYSE: C), Bank of America (NYSE: BAC), Wells Fargo ;amp; Co.  

Vikram Pandit Tells DC Ethnic Media: Citigroup is CommittedNew America MediaPandit, who is near completing his second year as Citigroup's CEO, has survived stockholder disenchantment with Citi's performance and withering critiques ...Noted Corporate Welfare Recipient Not Welcome At White House DinnerDealBreaker.Com (blog)all 4 news articles »  

NEW YORK (Reuters) - Citigroup Inc said on Tuesday it boosted the base salaries for its chief financial officer and a global markets co-head, but still plans to pay Chief Executive Vikram Pandit $1 for the year.  

From bnet.com ()

While a number of senior Citigroup executives will be compensated for the bank's non-death with raises and/or stock packages this year, Vikram Pandit does not need money to continue to do the Best Job in the World. The CEO announced today that he will continue his reign of austerity by paying himself the same as last year: $1. (Looks around for applause, none comes, scuttles offstage.) [AP] Read more posts by Jessica...  

Citi CEO Vikram Pandit Government officials told The Wall Street Journal that the FBI is investigating a theft of tens of millions of dollars at Citigroup, possibly orchestrated by a Russian gang of computer hackers. In response to the paper, a spokesman for the notoriously vast and unwieldy banking giant turned ward of the state initially had this to say: "I'm not aware of any major case the FBI is working in our company at this magnitude...  

When the Treasury Department recently shelved its plans to sell $5 billion of Citigroup Inc. common stock in a public offering, the news came only two days after the bank had said the sale was a go. The delay was a reminder that predicting the future can be a tough exercise.....  

NEW YORK (Reuters) - Private equity firm Terra Firma sued Citigroup Inc, accusing the bank of fraud in connection with Terra Firma's purchase of music business EMI Group in 2007, court documents filed on Friday in New York showed.  

NEW YORK (Reuters) - Citigroup Inc said on Tuesday it boosted the base salaries for its chief financial officer and a global markets co-head, but has left Chief Executive Vikram Pandit's salary unchanged.  

Dec. 14 (Bloomberg) -- William Cohan, author of "House of Cards" and a Bloomberg Television contributing editor, talks with Deirdre Bolton and Erik Schatzker about Citigroup Inc.'s accord with regulators to repay $20 billion of the bailout funds it recelived from U.S. taxpayers. Citigroup Chief Executive Officer Vikram Pandit has pressed for an exit from the Troubled Asset Relief Program to avoid being the only large bank left on “exceptional...  

Research and Markets (http://www.researchandmarkets.com/research/71a3e2/citigroup_inc_sw) has announced the addition of the Citigroup Inc - SWOT Framework Analysis company profile to their offering.SWOT Analysis, is a strategic planning tool used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or in a business venture.  

CHICAGO--(BUSINESS WIRE)--Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Citigroup Inc. (NYSE: C), American International Group Inc. (NYSE: AIG), GMAC Inc (NYSE: GJM), Bank of America (NYSE: BAC) and Goldman Sachs (NYSE: GS). Get the most recent insight...  

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/71a3e2/citigroup_inc_sw) has announced the addition of the "Citigroup Inc - SWOT Framework Analysis" company profile to their offering. SWOT Analysis, is a strategic planning tool used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or in a business venture. It involves specifying the objective of the business...  

The New York Times today profiles a lion in winter: Citigroup creator and former CEO Sandy Weill. Weill, who in the 90s worked to overturn the Depression-era law that allowed Citigroup to take shape, is now 76 and alone with his empty personal ...  

WASHINGTON -- In a striking reversal of its attempts to unwind the government's financial stakes in big banks, the Treasury Department has backed out of plans to sell a portion of its 34 percent stake in Citigroup Inc.  

Zacks.com announces the list of stocks featured in the Analyst Blog Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets Stocks recently featured in the blog include: Citigroup Inc (NYSE: C), Bank of America Corp (NYSE: BAC), Wells Fargo ;amp; Co (NYSE: WFC), Goldman Sachs Group Inc (NYSE: GS) and JPMorgan Chase ;amp; Co.  

CHICAGO--(BUSINESS WIRE)--Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Citigroup Inc. (NYSE: C), Bank of America Corp. (NYSE: BAC), Wells Fargo & Co. (NYSE: WFC), Goldman Sachs Group Inc. (NYSE: GS) and JPMorgan Chase & Co. (NYSE: JPM). Get the most...  

http://www.companiesandmarkets.com/Summary-Company-Profile/citigroup-inc.-financial-and-strategic-analysis-review-188704.asp Citigroup Inc. - Financial and Strategic Analysis Review Summary Citigroup Inc. - Financial and Strategic Analysis Review is an in-depth business, strategic and financial analysis of Citigroup Inc.. The report provides a comprehensive insight into the company, including business structure and operations, executive...  

Dec. 8 (Bloomberg) -- Citigroup Inc. Chief Executive Officer Vikram Pandit is pressing the U.S. Treasury Department and regulators to agree as soon as this week on a plan to pay back $20 billion remaining from a government bailout, people familiar with the matter said. Pandit accelerated efforts after last week’s announcement by Bank of America Corp. that it had won approval to pay back $45 billion of taxpayer funds and exit the Troubled Asset...  

NEW YORK - Citigroup Inc. said its chief financial officer and co-head of global markets are getting raises, while CEO Vikram Pandit will continue to collect a salary of $1 per year. Citigroup, base...  

NEW YORK--(BUSINESS WIRE)--Citi today announced that it has reached an agreement with the U.S. government and its regulators to repay U.S. taxpayers for the $20 billion the government holds in TARP trust preferred securities and to terminate the loss-sharing agreement with the government. Vikram Pandit, Chief Executive Officer, said on behalf of the entire Citi Board of Directors, “The TARP program was designed to provide assistance until...  

Citigroup Inc. said Wednesday it has repaid the $20 billion in bailout money it received from the government. Citi said it funded the previously announced repayment with a recent stock offering that raised $20.5 billion. The offering included $17 billion in... Citigroup - Troubled Asset Relief Program - Government - Business - Bailout  

(CHARTPOPPERS.COM, December 18, 2009 ) Point Roberts, WA - Chartpoppers.com announces an investment report featuring company Citigroup Inc. (NYSE: C)The Consolidated Investment Analysis on Citigroup Inc. (NYSE: C) will be in particular interest to ..  

More than a year after the collapse of Lehman Brothers, all but one of the big bank bosses who steered their firms on to the rocks during the credit crunch have gone. Some went down with their ships, others were made to walk the plank. Only Vikram Pandit, the storm-tossed captain of Citigroup, remains.  

ENGLEWOOD, Colo., Dec. 31 /PRNewswire-FirstCall/ -- Liberty Media Corporation (Nasdaq: LCAPA, LCAPB, LINTA, LINTB, LSTZA, LSTZB) announced that Greg Maffei, President and CEO of Liberty Media Corporation, will be presenting at the Citi 20th Annual Global Entertainment, Media, and Telecommunications Conference, on Wednesday, January 6th at 2:55 p.m., Pacific Time at the Palace Hotel in San Francisco, CA. During his presentation, Mr. Maffei may...  

FOX Business has confirmed that Citigroup is in talks with the government over a $15 billion equity offering to pay back $20 billion of its Troubled Asset Relief Program obligations, possibly as early as this week. It is aiming to close out the TARP funding before year-end. Citigroup chief executive Vikram Pandit cancelled a scheduled trip [...]  

US Outlook: Surely this week's fund-raising debacle is the final straw for shareholders, when it comes to their tolerance of Vikram Pandit's incompetent leadership at Citigroup? Against the dubious b...  

CitiGroup Inc. on Tuesday denied a Wall Street Journal report that a computer-security breach had targeted CitiGroup, leaving the company dealing with tens of millions of dollars in theft.  

NEW YORK | Citigroup's surprisingly low pricing of a stock offer this week provides a clear sign that investors are still nervous about the banking giant's ability to regain its financial health. On Wednesday, Citigroup Inc. said it would sell 5.4 billion shares of stock at a price of $3.15 per share to help repay $20 billion in government bailout loans. That price was almost 9 percent below where shares were trading before the announcement...  

The FBI is investigating a hacker attack on Citigroup Inc. that led to the theft of tens of millions of dollars, the Wall Street Journal reported Tuesday. The bank strenuously denied the report. Citing anonymous government officials, the Journal reported... Citigroup - Wall Street Journal - Federal Bureau of Investigation - Hacker - Government  

Felix Salmon submits: How incompetent is Citigroup (C)? Incompetent enough that even today, when the bank is announcing a major agreement with the government to pay back its TARP money, neither its chairman nor its CEO was able to turn up to a meeting with the president of the United States of America. The bailout repayment news kept Citigroup CEO Vikram Pandit from attending Monday’s meeting, Citi spokeswoman Molly Millerwise Meiners said...  

When the Treasury Department shelved its plans to sell $5 billion of Citigroup Inc. common stock in a public offering last week, the news came only two days after the bank had said the sale was a go. The delay was a reminder that predicting the future can be a tough exercise.  

(EMAILWIRE.COM, December 18, 2009 ) Dallas, TX - were CITIGROUP INC(NYSE:C) fell 7.25% to $3.20 on 3.77 billion shares after Reuters reported that The U.S. Treasury will proceed with plans to dispose of its stake in Citigroup Inc. within the next 12..  

Fitch Ratings upgraded several ratings on Citigroup Inc. on Monday following the bank's announcement that it will begin repaying bailout money to the federal government. Earlier Monday, Citi said it would repay $20 billion in loans from the government's... Citigroup - Federal government of the United States - United States - Financial services - Business  

Here are highlights of recent changes at Citigroup Inc. leading up to the bank's announcement Monday that it will repay $20 billion in rescue funds: _ Oct. 14, 2008: Citigroup is one of eight major banks in the first round of companies to receive government... Citigroup - Bank - Business - Government - Financial services  

New York, Dec 17 (IANS) Citigroup, led by Indian American chief executive Vikram Pandit, intends to raise $20.5 billion in the stock market as part of its plan to repay bailout money and free itself from government restrictions. The New York-based banking giant said Wednesday it will offer 5.4 billion shares of common stock priced at [...]  

ALVISO, Calif., Dec. 30 /PRNewswire-FirstCall/ -- TiVo Inc. (Nasdaq: TIVO), the creator of and a leader in television services for digital video recorders (DVRs), today announced that President and CEO Tom Rogers will present at the Citi Global Entertainment Media & Telecommunications Conference on January 5th. The webcast of theread more  

A couple days ago, when Citigroup reached its deal to pay back $20 billion of TARP funds, CEO Vikram Pandit sounded like a man who was pretty pleased with himself. "By any measure of financial strength, Citi is among the strongest banks in the industry," he said in statement. Last night we found out part of the reason why he feels so good. Turns out the IRS issued an enormous tax exemption to Citigroup allowing it to retain $38 billion...  

The US Federal Bureau of Investigation is probing an attack by suspected Russian computer hackers on Citigroup Inc. that resulted in the theft of tens of millions of dollars, The Wall Street Journal reported Tuesday.The newspaper, citing unidentified government officials, said the attack by hackers who appear to be linked to a Russian cyber gang targeted Citigroup's Citibank subsidiary.It said the hackers also assaulted two other entities, at...  

Siobhan Gorman and Evan Perez write on The Wall Street Journal:The Federal Bureau of Investigation is probing a computer-security breach targeting Citigroup Inc. that resulted in a theft of tens of millions of dollars by computer hackers who appear linked to a Russian cyber gang, according to government officials.The attack took aim at Citigroup's Citibank subsidiary, which includes its North American retail bank and other businesses. It...  

Citigroup Inc (C) is under pressure today after downbeat news. The commotion hasn't gone unnoticed by option traders as Citigroup hits the unusual option volume table from our Options Center...(Read More)  

As the previous post mentions, Citigroup CEO Vikram Pandit was in town yesterday to speak at Washington University. He also visited with employees of the CitiMortgage division in O'Fallon, Mo., and announced some updated results for the ...  

PicksThatMove is pleased to bring investors special situation stocks which have a high potential for price appreciation These companies have interesting business models and they have to execute on the business development level to bring value to shareholders Some of our past picks had soared over 200%.  

It's no secret that cyber attackers are striking at an alarming rate -- from breaching government computers to stealing millions from ATMs. Now, The Wall Street Journal reports that the Federal Bureau of Investigation (FBI) is investigating the cyber theft of tens of millions of dollars from banking and insurance giant Citigroup, Inc. Anonymous government officials told the Journal that the hackers were connected to a Russian cybercrime ring...  

Music News: British firm Terra Firma says it paid inflated price of 4 billion pounds -- Terra Firma Investments has sued Citigroup Inc., claiming it paid an inflated price of 4 billion pounds for EMI's label.  

LOS ANGELES (Reuters) - British private equity firm Terra Firma accused Citigroup Inc (C.N) of fraud and sued the bank for billions in damages in connection with Terra Firma’s purchase of music business EMI Group in 2007, court documents filed on Friday in New York showed. Terra Firma accuses Citigroup of inflating the price it paid [...]  

(ChinaPost.com.tw) - Buy three-month non-deliverable forwards in the U.S. currency versus the Taiwan dollar on speculation demand for emerging-market assets will wane should Dubai debt concerns escalate, Citigroup Inc. recommended.  

Citigroup’s chief executive, Vikram Pandit, indicated the banking giant would support a cap on credit-card interest rates for new accounts if lawmakers in Washington, D.C., revive an effort to rein in the high rates many companies are now charging.  

Zacks.com submits: The U.S. Treasury has postponed its plan to sell $5 billion of its 34% stake in Citigroup Inc. (C) after a lackluster response from investors following Citi's stock offering. Citigroup stock has been under pressure this morning, in an overall soft market. Citigroup priced its $20.5 billion offering Wednesday. However, due to a poor response by investors, Citi had to sell the shares at a discounted price of $3.15 a share...  

Citigroup is suspending foreclosures for the next 30 days:Citigroup Inc. will suspend foreclosures and evictions for 30 days in a temporary break for about 4,000 borrowers during the holiday season.The New York-based bank said Thursday the suspension will run from Friday through Jan. 17. It applies only to borrowers whose loans are owned by Citi. Borrowers who make payments to Citi but whose loans are owned by other investors are out of luck...  

Citigroup Inc. said it is selling a huge chunk of its stock at a steep discount to raise the cash it needs to repay bailout funds and free itself from government support. But the government backed out of selling any of its 34 percent Citi stake, apparently due to the tepid investor response and the weak price garnered by the $20.5 billion equity offering -- described by Citigroup as the largest in history. Citigroup said it is selling 5.4...  

Citigroup Inc. has repaid $20 billion in bailout money and received a government ruling that it's no longer covered by the pay restrictions imposed on companies receiving the most rescue money. Kenneth Feinberg, the Obama administration's pay czar, says in a... Kenneth Feinberg - Citigroup - Troubled Asset Relief Program - Presidency of Barack Obama - Government  

New York City, Dec 18 (THAINDIAN NEWS) In a very surprising move by Citigroup, it has decided to suspend the foreclosures and the evictions for a month. The believers can surely call this a Christmas miracle, or all the affected parties can surely call it as a welcome festive gift. Citigroup Inc. has decided [...]  

The FBI is investigating a hacker attack on Citigroup Inc. that led to the theft of tens of millions of dollars, The Wall Street Journal reported Tuesday. Citing anonymous government officials, the Journal reported that the hackers were connected to a Russian cyber gang. Two other computer systems, at least one of connected to a U.S. government agency, were also attacked. Citigroup denied the report. "We had no breach of the system and there...  

Decisions. Dear Vikram Pandit, Intel Jessica here. So, I read that in the aftermath of Bank of America getting approved to repay TARP, Citigroup is gunning to do the same. Which makes sense. Clearly, you are dying to get rid of that $45 billion, get out from under the thumb of the government, be free of Tim Geithner's terrible yoke, and just live your life. Who wouldn't be? The government's interest rate is so high. Certain people there...  

Brokerage firm E-Trade Financial Corp. said Monday it has named director Robert Druskin to take over as chairman and interim CEO when Don Layton retires at the end of the year. A former chief operating officer at Citigroup Inc., Druskin has served on E-Trade'... Chief operating officer - Citigroup - E-Trade - Corporation - Robert Druskin  

APCitigroup headquarters is seen in New York.Citigroup Inc. said today it will suspend foreclosures and evictions for 30 days in a temporary break for about 4,000 borrowers during the holiday season. The New York-based bank said the suspension will run...  

The FBI is investigating a hacker attack on Citigroup Inc. that led to the theft of tens of millions of dollars, The Wall Street Journal reported Tuesday. Citing anonymous government officials, the Journal reported that the hackers were connected to a Russian... Wall Street Journal - Federal Bureau of Investigation - Citigroup - Government - Theft  

The most charitable thing that can be said about Vikram Pandit, the CEO of Citigroup (NYSE:C) since December 11. 2007, is that he was in the wrong place at the wrong time. The bank’s stock is down 90% since his first day as chief executive. The shares of other large international banks were battered by the credit crisis, [...]  

By Arun Kumar Washington, Nov 18 (IANS) Banking giant Citigroup’s Indian-American Chief Executive Vikram Pandit will continue to work for an annual salary of $1 even as the group raised the annual base salary for two of its executives. Pandit who in January voluntarily agreed to accept $1 per year until the bank returned to profitability, also [...]  

(CHARTPOPPERS.COM, December 04, 2009 ) Point Roberts, WA - Chartpoppers.com announces an investment report featuring company Citigroup Inc. (NYSE: C)The Consolidated Investment Analysis on Citigroup Inc. (NYSE: C) will be in particular interest to ..  

Bankers usually aren’t the ones making promises to pay the money back. But the CEO of Citigroup Inc. did just that in Kansas City this week. Citi owes the American taxpayer not only the $45 billion in federal aid it got but also “a debt of gratitude,” said Vikram Pandit, who was handed Citi’s top job at the start of this long, deep recession nearly two years ago.  

CHICAGO--(BUSINESS WIRE)--Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Citigroup Inc. (NYSE: C), Liberty Global Inc. (Nasdaq: LBTYA), Comcast Corp. (Nasdaq: CMCSA), Deutsche Telekom AG (NYSE: DT) and Vodafone Plc (NYSE: VOD). Get the most recent insight...  

(By Stephen Bernard, Associated Press) Citigroup's surprisingly low pricing of a stock offer this week provides a clear sign that investors are still nervous about the banking giant's ability to regain its financial health.On Wednesday, Citigroup Inc. said it would sell 5.4 billion shares of stock at $3.15 per share to help repay $20 billion in government bailout loans. That price was 9 percent below where shares were trading before the...  

Citigroup's surprisingly low pricing of a stock offer this week provides a clear sign that investors are still nervous about the banking giant's ability to regain its financial health.On Wednesday, Citigroup Inc. said it would sell 5.4 billion shares of stock at a price of $3.15 per share to help repay $20 billion in government bailout loans. That price was 9 percent below where shares were trading before the announcement."The market is not...  

shopkick, Inc. today announced that its free CauseWorld iPhone App is now available from the App Store. The CauseWorld App works by allowing iPhone users to collect “karmas” by opening the app and “checking-in” when they come close to, or enter, retail stores. Karmas will then be funded out of the nearly $500,000 that has been provided by Citigroup, Inc. and Kraft Foods so that the user can spend collected karmas on real world charitable...  

NEW YORK (Reuters) - Citigroup Inc is selling shares at $3.15 apiece, far less than the $3.25 price at which the government bought them earlier this year, and the United States has decided not to sell shares, people briefed on the matter told Reuters.  

Citigroup's surprisingly low pricing of a stock offer this week provides a clear sign that investors are still nervous about the banking giant's ability to regain its financial health. On Wednesday, Citigroup Inc. said it would sell 5.4 billion shares of stock at a price of $3.15 per share to help repay $20 billion in government bailout loans. That price was 9 percent below where shares were trading before the announcement. "The market is not...  

Citigroup Inc. on Wednesday repaid $20 billion in bailout money and received a government ruling that it's no longer covered by the pay restrictions imposed on companies receiving the most rescue mone...  

The FBI is investigating a hacker attack on Citigroup Inc. that led to the theft of tens of millions of dollars, The Wall Street Journal reported Tuesday. Citing anonymous government officials, the Journal reported that the hackers were connected to a Russian cyber gang. Two other computer systems, at least one of connected to a U.S. government agency, were also attacked.  

CITIGROUP Inc has opened a branch in Chongqing, its ninth on China's mainland. The Chongqing branch has 13 corporate and 36 retail bankers. Citi has nine branches, offering personal and corporate banking services,...  

 Does a tree fall in the forest when no one is around to hear it? Does a cybertheft occur at a major bank if no one will acknowledge it?According to a Wall Street Journal story on Tuesday, a group of computer hackers managed to penetrate the security at Citigroup Inc. and steal tens of millions of dollars. Citigroup vigorously denies that such a theft ever happened.The denial doesn’t convince Paul Murphy of the Financial Times. He thinks that...  

Citigroup Inc. (NYSE: C) was already in our “top after-hours trading movers” because of weakness in its share price on the discounted secondary offering.  That is no longer talk or conjecture.  Citi’s secondary offering is for 5.4 billion shares of common stock and 35 million tangible equity units that will be used to repay its [...]  

Citigroup Denies Theft Report (WSJ) Citigroup Inc. denied a report in the Journal that federal authorities are investigating the theft of tens of millions of dollars from customer accounts by hackers, and sought to reassure clients that their funds are safe. Geithner: There Will Be No 'Second Wave' Crisis (AP) ''We are not going to have a second wave of financial crisis,'' Geithner said in an interview with National Public Radio. ''We cannot...  

Four founding partners of former Citigroup hedge fund Old Lane, including its ex-CEO Guru Ramakrishnan, have launched one of the biggest US hedge-fund start-ups of the year, reports the WSJ. The NY-based fund, Meru Capital Group, started trading Tuesday with some $300m in capital, more than $75m of it from Ramakrishnan – a former head of global equity trading at Morgan Stanley before he left in 2005 with Vikram Pandit,...  

Dec. 11 (Bloomberg) -- William Fitzpatrick, an analyst at Optique Capital Management, talks with Bloomberg’s Betty Liu about the prospects for Citigroup Inc. to repay its Troubled Asset Relief Program money. Fitzpatrick also discusses the outlook for a Citigroup equity offering to help repay TARP and the potential risks versus rewards of paying back the U.S. government quickly. (Source: Bloomberg)  

APCitigroup Center in New York.NEW YORK -- Citigroup Inc. saidtoday it is repaying $20 billion in bailout money it received from the Treasury Department, in an effort to reduce government influence over the banking giant. The bank was among the...  

Citigroup Inc. denied a report in The Wall Street Journal that federal authorities are investigating the theft of tens of millions of dollars from customer accounts by hackers, and sought to reassure clients that their funds are safe.  

"By any measure of financial strength, Citi is among the strongest banks in the industry," Citigroup CEO Vikram Pandit said today in a statement announcing the bank had reached a deal with the Treasury to pay back the $45 billion it was given by the government under the Troubled Asset Relief Program. Those are some bold words for the CEO of a bank that was going for 99 cents a share less than a year ago and whose financial health is not...  

Zacks.com submits: Citigroup Inc. (C) is desperately seeking the approval of the U.S. Treasury Department and regulators to repay the bailout money it has received from the government for its participation in the Troubled Asset Relief Program (TARP) at the height of the credit crisis last year. Last week, Bank of America Corp. (BAC) had won an approval to pay back $45 billion of the TARP fund. This has increased the pressure on Citigroup and...  

New York City, Dec 18 (THAINDIAN NEWS) This can surely be called a Christmas miracle by the believers, or it can surely be called as a welcome festive gift, by all the affected parties. As Citigroup Inc. has decided to suspend all foreclosures and evictions for the next 30 days, as they attempt [...]  

Citigroup and other banks starting to repay the billions of dollars they borrowed from the government are getting another boost as they exit the bailout program: Billions more in tax breaks. Tax law allows money-losing corporations like Citigroup Inc. and General Motors Co. to use current net operating losses to offset future taxable income, reducing their tax bills for up to 20 years after the losses occur. Under ordinary circumstances, those...  

WASHINGTON - Citigroup and other banks starting to repay the billions of dollars they borrowed from the government are getting another boost as they exit the bailout program: Billions more in tax breaks. Tax law allows money-losing corporations like Citigroup Inc. and General Motors Co. to use current net operating losses to offset future taxable income, reducing their tax bills for up to 20 years after the losses occur.  

(By STEPHEN OHLEMACHER, Associated Press Writer) Citigroup and other banks starting to repay the billions of dollars they borrowed from the government are getting another boost as they exit the bailout program: Billions more in tax breaks.Tax law allows money-losing corporations like Citigroup Inc. and General Motors Co. to use current net operating losses to offset future taxable income, reducing their tax bills for up to 20 years after the...  

Citigroup Inc. will suspend foreclosures and evictions for 30 days in a temporary break for about 4,000 borrowers during the holiday season. The New York-based bank said Thursday the suspension will run from Friday through Jan. 17. It applies only to borrowers whose loans are owned by Citi. Borrowers who make payments to Citi but whose loans are owned by other investors are out of luck. "We want our borrowers to have a much less stressful time...  

Citigroup Inc. will suspend foreclosures and evictions for 30 days in a temporary break for about 4,000 borrowers during the holiday season. The New York-based bank said Thursday the suspension will run from Friday through Jan. 17. It applies only to borrowers whose loans are owned by Citi. Borrowers who make payments to Citi but whose loans are owned by other investors are out of luck.  

Citigroup Inc. said Wednesday it is selling a huge chunk of its stock at a steep discount to raise the cash it needs to repay bailout funds and free itself from government support. But the government backed out of selling any of its 34 percent stake in the bank due to the tepid investor response and the weak price garnered by the $20.5 billion equity offering -- described by Citigroup as the largest in history.  

In a striking reversal of its attempts to unwind the government's financial stakes in big banks, the Treasury Department has backed out of plans to sell its 34 percent stake in Citigroup Inc. The move came after investors responded tepidly to a massive stock offer by the New York-based bank. Citi said Wednesday it will sell 5.4 billion common shares at a steep discount to raise the cash it needs to repay $20 billion of the $45 billion in...  

The U.S. government is forfeiting billions of dollars in tax revenue collections from Citigroup Inc. (NYSE: C) that could be worth more than the profit reaped from the bank's repayment of bailout... Money Morning is here to help investors profit handsomely on this seismic shift in the global economy. Money moves markets. But Money Morning lets you move first.  

US Outlook: Vikram Pandit, Citigroup's chief executive, has spent the past week lashing a horse to the back of a cart and trying to persuade everyone that he's created a roadworthy vehicle. I...  

NEW YORK (Reuters) - Citigroup Inc is trying to persuade the U.S. government to allow it to repay $20 billion in taxpayer funds before a window to launch a share sale effectively shuts by the middle of next week, the Financial Times reported on Sunday.  

AOL Inc (NYSE: AOL) opened at $23.08. So far today, the stock has hit a low of $23.00 and a high of $23.55. AOL is now trading at $23.45, up $0.27 (1.16%). The stock hit its 52-Week high of $26.99 in November and set its 52-Week low of $22.52 in No...  

The FBI is probing a computer-security breach targeting Citigroup that resulted in a theft of tens of millions of dollars by computer hackers who appear linked to a Russian cyber gang, reports the WSJ. The attack was aimed at Citi’s Citibank subsidiary, which includes its North American retail bank and other businesses....  

British private equity firm Terra Firma accused Citigroup Inc of fraud and sued the bank for billions in damages in connection with Terra Firma's purchase of music business EMI Group in 2007, court documents filed yesterday in New York showed. Related StoriesGartmore price cut by a third as appetite for flotations recedesApple hits back in Nokia patent warMoody's lifts UK's credit rating gloom – for nowBritain and France want bank tax to fund...  

Rolfe Winkler, CFA submits: I’ve got a question below, but first the story: “Citi positioned to repay TARP, report” (Eder/Wilchins, Reuters): Citigroup Inc (C) is in a position to repay TARP, the bank’s chairman, Dick Parsons, told cable television network CNBC on Wednesday.Complete Story »  

MONTREAL (Dow Jones)--Die Citigroup Inc hat ihr Kreditkartengeschäft Diners Club North America an die Bank of Montreal verkauft. Die Bank of Montreal erhalte nun die Exklusivrechte zur Ausgabe von Diners-Club-Kreditkarten in den USA und Kanada, teilt  

If the rumor mill is accurate, it seems that Citigroup Inc. (NYSE: C) may get to beat Wells Fargo & Co. (NYSE: WFC) in the race to exit the TARP in the catch-up game to Bank of America Corporation (NYSE: BAC).  It seems every TARP borrower wants out from under such strict government control on [...]  

While they're desperately trying to find someone willing to invest in their business, Terra Firma are trying to shift the blame for their ridiculous investment in EMI. They're suing Citigroup for fraud.Oh, yes:British equity firm Terra Firma Investments has sued Citigroup Inc., claiming it paid a "fraudulently inflated price" of 4 billion pounds for EMI's label and music publishing interests in 2007 as a result of misrepresentations made by...  

NEW YORK (Reuters) - Citigroup Inc shares fell on Thursday, a day after the bank's $20 billion stock and bond offering got a cool reception on Wall Street and prompted the U.S. Treasury to delay plans to start selling off its Citi holdings.  

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has upgraded Citigroup Inc.'s (Citi) Individual Rating to 'D/E' from 'E' and placed this rating on Rating Watch Positive. Fitch has also revised the Rating Watch on Citi's 'B' trust preferred rating to Positive from Negative. A full list of ratings follows this release. In addition, Fitch has affirmed the following ratings: --Long-term Issuer Default Rating (IDR) at 'A+'; --Short-term IDR at 'F1...  

Zacks.com submits: Citigroup Inc. (C) forecasts strong economic growth in many countries in 2010. But although the company expects several countries to experience economic growth, it predicts that the growth will be somewhat uneven.According to the annual report of Citi’s Investment Research and Analysis group, though growth will be strong and even across major economies in the beginning of the year, it will be uneven later. Citi expects...  

WASHINGTON -- In a striking reversal of its attempts to unwind the government's financial stakes in big banks, the Treasury Department has backed out of plans to sell its 34 percent stake in Citigroup Inc. The move came after investors...  

(Reuters) - Citigroup Inc (C.N) recently rejected a proposal from Guy Hands’ private equity firm Terra Firma Capital Partners to restructure the debt of music group EMI, the Wall Street Journal said on Monday. The buyout firm had offered to inject about 1 billion pounds ($1.67 billion) into EMI in exchange for Citigroup waving a similar [...]’  

APCitigroup Center in New York.WASHINGTON -- In a striking reversal of its attempts to unwind the government's financial stakes in big banks, the Treasury Department has backed out of plans to sell its 34 percent stake in Citigroup Inc. The...  

WASHINGTON (AP) -- Citigroup Inc. on Wednesday repaid $20 billion in bailout money and received a government ruling that it’s no longer covered by the pay restrictions imposed on companies receiving the most rescue money.  

Citigroup Inc. shares rise late Wednesday evening following a report that the banking giant is set to repay government-bailout funds. Also, shares of Lululemon Athletica Inc. are up as the company's sales outlook exceeds expectations.  

(Reuters) - The Federal Bureau of Investigation is investigating a hacking that targeted Citigroup Inc and resulted in the theft of tens of million of dollars, the Wall Street Journal said, citing U.S. government officials.  

Citigroup's ability to get clearance for its TARP payback plan looks like a major coup for CEO Vikram Pandit but it doesn't mean he or the company is out of the woods yet.  

Citigroup Inc. on Wednesday repaid $20 billion in bailout money and received a government ruling that it's no longer covered by the pay restrictions imposed on companies receiving the most rescue money. READ MORE >>  

CitiGroup Inc. denied a Wall Street Journal report on Tuesday that a computer-security breach that targeted CitiGroup had left the company dealing with tens of millions of dollars in theft.  

Citigroup Inc is selling shares at $3.15 apiece, far less than the $3.25 price at which the government bought them earlier this year, and the United States has decided not to sell shares, people briefed on the matter told Reuters.  

Image via Wikipedia FBI Probes Hack at Citibank Russian Cyber Gang Suspected of Stealing Tens of Millions; Bank Denies BreachBY SIOBHAN GORMAN AND EVAN PEREZ The Federal Bureau of Investigation is probing a computer-security breach targeting Citigroup Inc. that resulted in a theft of tens of millions of dollars by computer hackers who appear linked to a Russian cyber gang, according to government officials. The attack took aim at Citigroup...  

US Outlook: Vikram Pandit, Citigroup's chief executive, has spent the past week lashing a horse to the back of a cart and trying to persuade everyone that he's created a roadworthy vehicle.  

[Bloomberg] -- When the Treasury Department shelved its plans to sell $5 billion of Citigroup Inc. (C) common stock in a public offering last week, the news came only two days after the bank had said the sale was a go. The delay was a reminder that ...  

NEW YORK (Reuters) - The U.S. government "quietly" agreed not to collect billions of dollars in potential taxes from Citigroup Inc as part of its deal to allow the bank to repay its taxpayer bailout, The Washington Post reported.  

WASHINGTON -- The FBI is investigating a hacker attack on Citigroup Inc. that led to the theft of tens of millions of dollars, The Wall Street Journal reported Tuesday. The bank strenuously denied the...  

WASHINGTON - The FBI is investigating a hacker attack on Citigroup Inc. that led to the theft of tens of millions of dollars, The Wall Street Journal reported Tuesday. The bank strenuously denied the report. Citing anonymous government officials, the ...  

Washington PostTreasury halts plan to sell off Citi StockWall Street JournalThe US government abruptly shelved plans to start trimming its 34% stake in Citigroup Inc., after investors demanded a price so low that the ...US Focuses on Winding Down AIG, Auto AssistanceBloombergCiti Shares Fall After US Delays Selling Its SharesNew York TimesUS Treasury eyes maximum price for Citigroup sharesReutersBusinessWeek -The Associated Press -Wall Street...  

NEW YORK (Reuters) - Citigroup Inc plans to pay back TARP by raising money in an equity offering that could be announced as early as Thursday and could be some $20 billion, television network CNBC reported, citing sources.  

House Panel to Investigate Citi Tax Break (AP) The FBI is investigating a hacker attack on Citigroup Inc. that led to the theft of tens of millions of dollars, The Wall Street Journal reported Tuesday...  

NEW YORK -- Citigroup Inc. said none of its computer-security systems were breached and no money was lost, responding to a Wall Street Journal report that the U.S. Federal Bureau of Investigation is i...  

NEW YORK (Reuters) - The Federal Bureau of Investigation is probing a computer hacking that targeted Citigroup Inc and resulted in the theft of tens of millions of dollars, The Wall Street Journal reported on Tuesday, but the financial institution ...  

NEW YORK/WASHINGTON (Reuters) - The Treasury delayed a plan to sell $5 billion of Citigroup Inc shares after a stock offering by the bank attracted weak demand and priced at a much lower-than-expected $3.15 a share.  

NEW YORK (Reuters) - The Federal Bureau of Investigation is probing a computer hacking that targeted Citigroup Inc and resulted in the theft of tens of millions of dollars, The Wall Street Journal reported Tuesday, but the financial institution ...  

LOS ANGELES (MarketWatch) -- The U.S. Federal Bureau of Investigation is probing a computer-security breach targeting Citigroup Inc. that resulted in a theft of tens of millions of dollars by computer hackers, according to a Wall Street Journal report dated Tuesday. The attack took aim at Citigroup's Citibank subsidiary, which includes its North American retail bank and other businesses, with the hackers apparently linked to a "Russian cyber...  

Warrants the US holds in Citigroup Inc., once the most valuable bank in the nation, may provide the lowest return for taxpayers who stepped in with $45 billion to save the company when no one else wou...  

The U.S. government abruptly shelved plans to start trimming its 34% stake in Citigroup Inc., after investors demanded a price so low that the Treasury Department would have lost money on the deal. The embarrassing reversal came two days after the Treasury said it planned to sell as much as $5 billion of stock in the New York company, as part of Citigroup's plan to pay back $20 billion in taxpayer aid the troubled bank received last year.  

NEW YORK, (Reuters) – The U.S. Federal Bureau of Investigation is probing a computer hacking that targeted Citigroup Inc and resulted in the theft of tens of millions of dollars, The Wall Street Journal reported yesterday, but the financial ...  

Washington – The FBI is investigating a hacker attack on Citigroup Inc. that led to the theft of tens of millions of dollars, The Wall Street Journal reported Tuesday. Citing anonymous government officials, the Journal reported that the hackers were connected to a Russian cyber gang. Two other computer systems, at least one of connected to [...]  

The FBI is investigating a hacker attack on Citigroup Inc. that led to the theft of tens of millions of dollars, The Wall Street Journal reported Tuesday. The bank strenuously denied the report.  

NEW YORK, Dec 22 (Reuters) - The U.S. Federal Bureau of Investigation is probing a computer hacking that targeted Citigroup Inc ( C.N ) and resulted in the theft of tens of million of dollars, The Wall Street Journal said, citing U.S. government ...  

WASHINGTON - The FBI is investigating a hacker attack on Citigroup Inc. that led to the theft of tens of millions of dollars, The Wall Street Journal reported Tuesday. Citing anonymous government of...  

CITIGROUP Inc said yesterday it is repaying US$20 billion in bailout money it received from the Treasury Department in an effort to reduce government influence over the banking giant. The New York-based bank was...  

SINGAPORE - The Government of Singapore Investment Corp. said Friday its stake in Citigroup Inc. has fallen to about 4 percent from 4.9 percent as a result of the U.S. bank's recent share sale. "GIC will continue its investment in Citigroup as we are ...  

C itigroup CEO Vikram Pandit isn’t ruling out reinvesting in scandal-plagued ACORN, the left-wing community group whose employees were caught on a hidden camera earlier this year allegedly givin...  

Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Citigroup ...  

SAN FRANCISCO (MarketWatch) -- Citigroup Inc. said Wednesday that it repaid $20 billion it got from the Troubled Asset Relief Program last year, freeing the giant bank from government limits on compensation. Citi also ended a large loss-sharing agreement it struck with the government. To repay TARP, Citi said it repurchased $20 billion of TARP trust preferred securities. To end the loss-sharing program, the government cancelled $1.8 billion...  

NEW YORK (MarketWatch) -- Citigroup Inc. said on Tuesday that it raised the annual base salary for Chief Financial Officer John Gerspach to $500,000 from $400,000, and for James Forese, co-head of global markets, to $475,000 from $225,000. The company said the moves were approved by the government's executive compensation czar, according to an Oct. 22 etter to Citigroup. The company is leaving in place Chief Executive Vikram Pandit's annual...  

Vikram S. Pandit, chief executive of Citigroup. Citigroup announced a broad program that will replace the $20 billion of remaining bailout aid with money from private investors, facilitate the sale of the government’s $25 billion in bank stock and ...  

NEW YORK - Citigroup Inc. said Wednesday it has repaid the US$20 billion in bailout money it received from the government. Citi said it funded the previously announced repayment with a recent stock o...  

WASHINGTON - Citigroup Inc. will suspend foreclosures and evictions for 30 days in a temporary break for about 4,000 borrowers during the holiday season. The New York-based bank said Thursday the suspension will run from Friday through Jan. 17. It ...  

Citigroup Inc. The move came after investors responded tepidly to a massive stock offer by the New York-based banking giant. On Wednesday, Citigroup said it would sell 5.4 billion shares of stock at a...  

guardian.co.ukHow to Earn $7 Billion Betting on Bank StocksMotley FoolB of A.) Although Bank of America and Citigroup were Tepper's largest bets, Appaloosa Management's next five largest holdings at the end of September were ...Fund Boss Made $7 Billion in the PanicWall Street JournalDavid Tepper: Gains on Bank of America, Loses on Citigroup Inc.GuruFocus.comFormer Goldman Sachs junk bond dealer earns $2.5bn in bet on US banksguardian.co...  

Dec. 17 (Bloomberg) -- Chris Kotowski, an Oppenheimer & Co. analyst, talks with Bloomberg's Pimm Fox about Citigroup Inc.'s move to raise $17 billion by selling shares at a price below what the government paid. Kotowski says the U.S. will still exit their Citigroup position "at a profit." (Source: Bloomberg)  

Dec. 17 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. U.S. stocks tumbled the most in three weeks after Citigroup Inc. sold stock at a discount, FedEx Corp.’s profit forecast trailed analyst estimates and jobless claims unexpectedly increased. (Source: Bloomberg)  

Washington (AP) - Citigroup Inc. will suspend foreclosures and evictions for 30 days in a temporary break for about 4,000 borrowers during the holiday season. The New York-based bank said Thursday ...  

Dec. 17 (Bloomberg) -- Marshall Front, chairman of Front Barnett Associates LLC, talks with Bloomberg's Betty Liu about Citigroup Inc.'s share sale and U.S. banks' efforts to repay the Troubled Asset Relief Program. Citigroup sold 5.4 billion shares at $3.15 apiece, less than the $3.25 the government paid when it acquired its stake in September. The New York-based bank said the Treasury won’t sell any of its shares for at least 90 days...  

WASHINGTON (MarketWatch) - The Treasury Department expects to sell its common shares in Citigroup Inc., which have a market value of roughly $26.5 billion, within six to twelve months subject to some conditions, said Treasury Assistant Secretary Herbert Allison in prepared testimony before a House oversight subcommittee. Treasury shelved plans to start selling off part of its 34% equity stake in Citigroup after investors demanding such low...