Citgroup

Citigroup Reports Higher Third Quarter Net Income

Posted 12.17.2011

(Joe Rauch) - Citigroup Inc reported higher third-quarter earnings on Monday as the bank set aside less money to cover bad loans and recorded an a...

10 Job Slashers That Benefited From A Tax Holiday

The Huffington Post | Harry Bradford | Posted 12.08.2011

More money doesn't always mean more jobs. Take when the U.S. government last imposed a tax holiday on offshore profits in 2004. Those companies that b...

SEC Widens Probe Into Mortgage Bond Deals That Ushered Crisis

Posted 11.15.2011

The U.S. securities regulator is widening its probe into mortgage-bond deals that ushered in the financial crisis, and is pushing for a settlement...

Foster's Beer CEO: 'Australian Beer Market Going Through Period Of Uncertainty'

The Huffington Post | Harry Bradford | Posted 10.24.2011

Even in the beer-loving country of Australia, an iconic brand is feeling the recession's sqeeze. Foster's Group, the most profitable independent br...

Private Banks Keep Hiring As World's Rich Get Richer

Posted 05.25.2011

LONDON - Private banks will sharply expand headcount in coming years to capitalize on the growing number of wealthy individuals in Asia, dismissing c...

Citigroup CEO No Longer Working For $1 Per Year

The Huffington Post | Ryan McCarthy | Posted 05.25.2011

Vikram Pandit may soon be getting an extremely big raise. Early in 2009, the CEO of Citigroup vowed to work for a salary and bonus of just $1 per year...

Citigroup TRADING ERROR Fueled Stock Market Crash Today: CNBC

Posted 05.25.2011

UPDATE: 6:39 P.M.: The lightning-fast drop in Procter & Gamble's stock price this afternoon may push the markets to unwind some trades, the CEO of ...

What Are We Going to Do About Gambling Addicts?

Don McNay | Posted 05.25.2011

Don McNay

My solution to gambling addiction would be same one that seems to be helping keep track of sexual predators: A national registry. If widely shared, such a list could prevent addicts from any legalized gambling.

Neil Barofsky, TARP Watchdog: Bailout Will 'Almost Certainly' Result In Loss For Taxpayers

bloomberg.com | Robert Schmidt | Posted 05.25.2011

Nov. 12 (Bloomberg) -- Neil Barofsky, the federal watchdog for the $700 billion financial industry bailout, said the program will "almost certainly" r...

Wall St.'s Robot Traders

minyanville.com | Ryan Goldberg | Posted 05.25.2011

Dramatic market moves have become commonplace, and those looking for a fundamental explanation are missing a significant structural change: The majori...

BofA, Citi Make Last-Ditch Attempts To Convince Feds They Don't Need To Bolster Balance Sheets

Reuters | Posted 05.25.2011

Bank of America Corp is working on plans to raise more than $10 billion in fresh capital, even as it and Citigroup Inc launch last-ditch attempts to c...