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Citigroup Inc.

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‘Could have been worse’ City says to BA and RBS numbers

06.11.09
Investors were doing their best to look on the bright side today after the combined losses from Royal Bank of Scotland and British Airways reached £1.79 billion during the first six months of the year ... more

City remains positive despite shockers from BA and RBS

06.11.09
Stock market investors were doing their best to look on the bright side today after the combined losses from Royal Bank of Scotland and British Airways reached £1.79 billion during the first six months of the year ... more

Barclays star is quitting

03.11.09
Barclays shocked investors with news that one of its top four executives is quitting ... more

Banks and miners punished as investors head for exits

03.11.09
Leading shares were struggling to hold above the 5000 level today, as investors headed for the exits... more

Banks bruised by break-up moves

02.11.09
The banks faced another harrowing sell-off session following weekend moves by the Government to start hiving off bits and pieces of Lloyds Banking Group, Northern Rock and Royal Bank of Scotland in order to appease the EU regulators ... more

Barclays turmoil as Odey sells

02.11.09
Barclays got caught up in the early turmoil which engulfed the banking sector today and saw its shares slump to a three-month low ... more

Citigroup sounding alert on supermarkets as prices fall

02.10.09
Lessons from across the pond are not always relevant but here’s one that might turn out to be a timely early warning. Severe food price falls in the United States are likely to have a major impact on supermarket earnings in the States and a similar flood of cheaper food here could be the signal to get out of the UK supermarket sector ... more

City Spy: Time for Kingman to make a fortune

29.07.09
So Brownite Treasury civil servant John Kingman is quitting as £143,000-a-year chief executive of UK Financial Investments, which oversees the Government's stakes in Royal Bank of Scotland, Lloyds, Bradford & Bingley, etc... more

Citigroup warns cash may dry up at United Utilities

28.07.09
Falling water bills may be good news for householders, but they may turn out to be extremely expensive for some stock-market investors ... more

Footsie keeps up momentum as the bulls make their mark

20.07.09
The bulls are back in town. After the stock market enjoyed its best week this year last week, with the FTSE 100 gaining 6.3%, shares in London were on the rise again today ... more

US bank duo post profits but the worries persist

17.07.09
Two of America's most troubled banks gave evidence that the financial crisis is far from over... more

Citigroup posts $4.3bn profit

17.07.09
Citigroup posted a $4.28 billion (£2.6 billion) profit, buoyed by gains from selling control of its Smith Barney brokerage and beating analysts’ estimates as the bank shed assets to compensate for loan losses ... more

Cazenove adds to Punch's hangover after fundraiser

08.07.09
Shares in debt-laden Punch Taverns have been in freefall since it tapped investors last month for an extra £375 million in order to reduce debts still topping almost £4 billion... more

Citigroup staff get 50 per cent pay rises to beat cuts in bonus

24.06.09
Stricken banking giant Citigroup are planning to raise base salaries for employees by 50 per cent to compensate for the sharp reduction in annual bonuses... more

Citi's fixer in a fix after a little too much philanthropy

28.05.09
A SEX scandal was the last thing Citigroup wanted at the moment - what with its business in disrepair, $45 billion in government loans to repay and a reputation languishing somewhere between that of termites and dry rot ... more

Citi brands BAA bizarre after losing Gatwick bid

13.05.09
A row broke out over the bidding for Gatwick airport as a Citigroup consortium was kicked out of the process... more

British banks hit by fears of another Wall Street bailout

28.04.09
Fresh fears shook British banks after US giants Citigroup and Bank of America said they may have to raise billions of dollars more to safeguard their future... more

Citigroup’s rally adds to the cheer on Wall Street

17.04.09
Citigroup became the fourth US bank in recent days to report surprisingly good results as Wall Street looked to end the week on a high ... more

Broker says it's time for a sale of the supermarkets

01.04.09
The UK's well-run supermarket chains have also often been admired for their defensive qualities in times of trouble. But perhaps not for much longer.... more

AIG puts up £500m Canary Wharf cover

27.03.09
AIG has been forced to stump up £500 million to cover the chance that certain tenants of Canary Wharf, including Citigroup, will default on rent payments... more

Bank in profit: the City cheers

10.03.09
Shares around the world have soared after banking giant Citigroup shocked investors by declaring it had returned to profit... more

Citigroup bosses face axe in Obama’s deal

27.02.09
Banking: Citigroup will be forced to raise private capital and sack some directors in return for converting preferred stock into shares, insiders say... more

Obama may raise stake in ‘walking dead’ Citigroup

23.02.09
Banking: US banking giant Citigroup is in talks with the Obama government that could lead to its virtual nationalisation ... more

Jetting into a PR bailout disaster

29.01.09
... more

Citi says rush to gold may trigger a rise above $2000

27.01.09
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Feeling sick at Citigroup over hedge losses

19.01.09
Citigroup's Corporate Special Opportunities hedge fund is returning only three cents on the dollar to investors — underscoring the depths of the difficulties at the alternative investment unit once headed by the bank’s current chief executive, Vikram Pandit... more

Struggling Citigroup rocked by $8bn losses

16.01.09
Banking: Ailing US banking giant Citigroup unveiled a worse than expected $8.29 billion loss for the fourth quarter amid speculation the US government could be forced to undertake full-scale nationalisation... more

Citi never sleeps… it just gives us nightmares

15.01.09
When the biggest bank in the world admits that its business model is unsustainable, you know things are getting serious... more

Citi break-up puts hundreds more bank jobs at risk

14.01.09
Banking: Hundreds more bankers in London are at risk of losing their jobs as Citigroup moves to break itself up in a drastic bid to secure its future... more

Citi-Morgan talks seen leading to wave of deals

12.01.09
Finance: Citigroup and Morgan Stanley are set to announce a deal to combine their brokerages, a move that could trigger a fresh wave of consolidation in the troubled and thinning banking industry ... more

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