Citigroup sues Barclays over losses tied to Lehman May 7th, 2013 - 18:00h (CET +01.00) (Reuters) - Citigroup Inc has sued Barclays Plc to recover more than $141 million for providing foreign exchange services to a unit of Lehman Brothers Holdings Inc soon after Lehman's bankruptcy. The complaint filed late Monday in the U.S. Distr... [Full Article] Read @ Yahoo More about : citigroup, sues, barclays, losses, tied, lehman, Top Keywords

Citigroup looks to cut cash holdings to boost earnings Mar 27th, 2013 - 08:10h (CET +01.00) By David Henry NEW YORK (Reuters) - Citigroup Inc is considering cutting its cash on hand by about $35 billion, which should help the bank buy higher yielding assets or redeem expensive debt to boost earnings. Making the change will signal that the m... [Full Article] Read @ Yahoo More about : citigroup, looks, cash, holdings, boost, earnings, Top Keywords

Goldman hires Citigroup lobbyist Amy Overton Feb 27th, 2013 - 18:50h (CET +01.00) (Reuters) - Citigroup Inc lobbyist Amy Overton is leaving the bank for Wall Street rival Goldman Sachs Group Inc. Overton, 43, will handle a broad range of issues for Goldman, a spokesman for Goldman said. Overton spent less than two years at Citigro... [Full Article] Read @ Yahoo More about : goldman, hires, citigroup, lobbyist, overton, earnings, Top Keywords

Citigroup's private bank pulling money from SAC Capital: WSJ Jan 25th, 2013 - 01:30h (CET +01.00) NEW YORK (Reuters) - Citigroup Inc's private bank is withdrawing its $187 million investment from SAC Capital Advisors LP, the latest of several client redemptions at the hedge fund firm, the Wall Street Journal reported on Thursday, citing peop... [Full Article] Read @ Yahoo More about : citigroup's, private, bank, pulling, money, capital, Top Keywords

Legal expenses drag down Citigroup 4Q earnings Jan 17th, 2013 - 17:30h (CET +01.00) Citigroup's fourth quarter earnings fell short of Wall Street's expectations as the bank's legal expenses rose and it released less money from its loan-loss reserves. (Source: Associated Press)... [Full Article] Read @ Yahoo More about : legal, expenses, drag, down, citigroup, earnings, Top Keywords

Citigroup profit hit by more than $2 billion in charges Jan 17th, 2013 - 15:10h (CET +01.00) NEW YORK (Reuters) - Citigroup Inc posted $2.32 billion (1.44 billion pounds) of charges for layoffs and lawsuits in the first financial report under its new chief executive, Michael Corbat, who cautioned that the bank needs more time to deal with th... [Full Article] Read @ Yahoo More about : citigroup, profit, billion, charges, citigroup, earnings, Top Keywords

Citigroup to seek permission to buy back shares: WSJ Jan 5th, 2013 - 02:30h (CET +01.00) NEW YORK (Reuters) - Citigroup Inc is planning to ask regulators for permission to buy back a "minimal" number of shares, the Wall Street Journal reported on Friday. The bank is not planning to ask to increase its quarterly dividend, which ... [Full Article] Read @ Yahoo More about : citigroup, seek, permission, back, shares, earnings, Top Keywords

Vikram Pandit steps down as Citigroup CEO Oct 16th, 2012 - 17:00h (CET +01.00) Vikram Pandit abruptly stepped down as CEO of Citigroup on Tuesday, surprising Wall Street, after steering the bank through the 2008 financial crisis and the choppy years that followed. (Source: Associated Press)... [Full Article] Read @ Yahoo More about : vikram, pandit, steps, down, citigroup, earnings, Top Keywords

Nikkei rises after Citigroup earnings impress Oct 16th, 2012 - 02:30h (CET +01.00) TOKYO (Reuters) - Japan's Nikkei share average jumped at Tuesday's open after U.S. stocks got a lift from stronger-than-expected results at Citigroup Inc, but was seen unlikely to hold on to big gains in the uncertainty ahead of Japan'... [Full Article] Read @ Yahoo More about : nikkei, rises, citigroup, earnings, impress, earnings, Top Keywords

Wall St rallies on Citigroup's earnings, retail sales Oct 15th, 2012 - 23:00h (CET +01.00) NEW YORK (Reuters) - U.S. stocks climbed on Monday, rebounding from last week's losses after Citigroup's earnings and retail sales sharply exceeded expectations. Citigroup Inc shares shot up 5.5 percent to $36.66 and gave the biggest lift t... [Full Article] Read @ Yahoo More about : wall, rallies, citigroup's, earnings, retail, sales, Top Keywords