Content: citigroup
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Barclays Bank, the second largest bank in the United Kingdom, is apparently looking to buy a large US retail bank. Is your bank up for sale?
The United States Government has made a billion dollar profit by selling warrants in Bank of America to undisclosed investors.
Citigroup recently informed the majority of it's checking account customers that it reserves the right to require seven days notice on withdrawals. Does this mean Citi is fearing a run on the bank?
Citigroup, once the largest financial services supermarket in the world, has fallen on extraordinarily tough times and is practically insolvent. That hasn't deterred some of the world's smartest...
Even if their marketing strategy is pretty unusual, the spin-off of Primerica will be the most profitable insurance IPO of 2010.
The recent bank stress test has raised a lot of questions about how much more money American taxpayers will have to pour into the giant monster mega-banks.
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The real problem here is that we...
If you're planning to use your Citi credit card reward points to book a flight for a summer vacation, don't procrastinate; Citi will make the program less rewarding beginning March 1, and it isn't...
Today, Citi announced it had sold its Smith Barney brokerage division to Morgan Stanley, beginning the break-up of what was once the largest financial services firm in the world. But this is just...
Article | Jan 14, 2009 | Views: 268 | Comments: 1
Tags: citigroup, citi, citi fail
Citigroup received the government bailout today that everyone knew was coming. The question is will this be enough and will Citi be back on the hot seat in a couple of months?
When Citibank, which has suffered huge losses and write downs of late, starts offering much higher than average market rates (currently around 2%), then it raises a number of red flags for me. As...
The latest financial rescue package is centered around a direct government investment of $250 billion, half of which will go in 9 major banks.
Citigroup Inc. has barred investors in one of its hedge funds from withdrawing their money. Citigroup suspended redemptions in CSO Partners...The fund's longtime manager, John Pickett, has left,...
Facing new writeofs, Citi could be looking to get as much as $10 billion, likely all from foreign governments...Countrywide Corp. on collision course with bankruptcy...