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US bank duo post profits but the worries persist Citigroup’s rally adds to the cheer on Wall Street Struggling Citigroup rocked by $8bn losses

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City Spy: Dimon not such a diamond geezer

18.05.11
Jamie Dimon may be the bank chief who rode the crash and emerged with his reputation enhanced - but he is vastly overpaid according to Swiss pay consultancy Obermatt... more

Turnaround as Citigroup commit to dividend

21.03.11
Citigroup declares it will start paying a dividend again in a move taken as a sign of the extraordinary turnaround in the company's fortunes since its bailout by the US taxpayer... more

Barclays swallows Egg's credit card business in £2bn deal

01.03.11
Barclays is to buy the UK credit card business of online bank Egg from US banking giant Citigroup... more

Citigroup is back in the black with $11bn after its bailout

18.01.11
Citigroup, the United States' third-largest bank, which took $45 billion of taxpayers' bailout money in the financial crisis, bounced back into profit last year... more

Citigroup and Bank of America beat financial crisis

16.07.10
Two of America’s biggest banks give evidence they are over the financial crisis as profits top Wall Street expectations, although their shares fall in New York... more

City Spy: Iran solution lies in Greek comedy

29.04.10
Concerns about their nuclear ambitions have world leaders discussing sanctions to deter the Iranians from pursuing this dangerous course... more

City Spy: Lloyd Blankfein forgets it’s God’s work too

08.04.10
Thud! Goldman Sachs’ annual report has arrived and what a jolly read it is... more

City Spy: Top-shelf titles pay for West Ham

21.01.10
Among the acres of adulation about David Gold and David Sullivan “rescuing” West Ham United, there has been little mention of the means by which they gained their fortunes... 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

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

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

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 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

Bankers brace for slim pickings as bonus time nears

02.01.09
Banking: Bankers face the prospect of "dramatically lower" bonuses this year and the prospect of future payouts being clawed back if their investments fail to perform... more

Citigroup in pledge to keep grip on prize assets

25.11.08
Banking: Citigroup vowed to cling on to its prized assets as potential suitors said they were looking to snap up parts of the bank ... more

Beleaguered Citigroup is bailed out with £13 billion

24.11.08
Banking: The United States government has rescued Citigroup with a huge bailout plan that includes a $20 billion capital infusion... more

Comment: It didn’t take a genius to stop the rot a year ago

24.11.08
Comment: Inept management at Citigroup was today rewarded by the US government... more

Bank of Ireland is eyed by US private equity for a takeover

21.11.08
Banking: Ireland's second-biggest bank could be on the receiving end of a takeover bid from a seemingly unlikely source - US private-equity houses... more

Citi's bosses pondering merger or a break-up

21.11.08
Banking: Citigroup directors are today locked in crisis talks about the future of their embattled bank with a possible break up or outright sale on the cards... more

Citigroup cut 11,000 jobs in past 3 months

16.10.08
Banking: The carnage in the banking sector continued when Wall Street giant Citigroup said it had slashed 11,000 jobs in the past three months... more

Citigroup’s queen of clean is out after rows

23.09.08
Banking: One of the last remaining senior women on Wall Street has resigned in a major row at Citigroup, highlighting the tensions at the banking giant... more

Merrill and Citigroup buy back toxic debt

08.08.08
US banks spend billions to settle claims they saved themselves at the expense of customers... more

Pandit buys time as Citigroup's results better than feared

18.07.08
Citigroup boss Vikram Pandit bought himself some much-needed time, when he unveiled second quarter results that were better than Wall Street was expecting... more

Citigroup eyes £200bn sell-offs

09.05.08
Citigroup is considering the sale of up to £200billion of its non-core assets.... more

Citigroup chief says worst of crisis is over

07.05.08
Sir Win Bischoff's comments on credit crunch echo those of Lehmann Brothers chief executive last month... more

Citigroup slips to another loss and flags big jobcuts

18.04.08
Citigroup, the world's biggest bank, announces its second quarterly loss in a row... more

Citigroup to offload £6bn parcel of loans and bonds

09.04.08
Banking giant Citigroup is close to selling about £6bn of leveraged loans and bonds... more


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