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US bank duo post profits but the worries persist Citigroup’s rally adds to the cheer on Wall Street Obama may raise stake in ‘walking dead’ Citigroup Struggling Citigroup rocked by $8bn losses

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Goldman busts profits forecasts but Citi struggles

15.10.09
Goldman Sachs, the world's most profitable investment bank, smashed Wall Street's forecasts for its third-quarter earnings with huge profits made from trading and holding investments on its own books... 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

Cash-rich Lloyds given a vote of approval by UBS

22.04.09
State-controlled Lloyds Banking Group has more money than it knows what to do with and the shares, 4.5p firmer at 99.5p, are trading well above the original rights issue price of 38.43p.... 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

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

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

Club that aims to give Eton’s boys an edge

04.12.08
Forget the Bullingdon Club. Forget too, these troubled times. Eton College has started its own club for those keen to get on, credit crunch or not: The Stockbroking Society... 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

When a sacking is no answer

23.07.08
Anthony Hilton warns about the dangers of firing the boss... 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

Goldman and Citi add to job loss pain

23.06.08
The City is braced for another massive round of job cuts as investment banks accelerate their cost-cutting in the face of credit-crunch losses... 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

Job cuts sweep City

18.04.08
The City is braced as bank chiefs announced thousands of job cuts.... 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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