That Huge Bonus May Actually Make You Screw Up
Don't choke! It's advice we’ve all heard before, but it’s much easier said than done, according to a new study. After a certain threshold, ...
Don't choke! It's advice we’ve all heard before, but it’s much easier said than done, according to a new study. After a certain threshold, ...
The Huffington Post | Harry Bradford | Posted 05.09.2012
Even after being convicted for bilking his former employer for millions, one ex-executive is suing the company from behind bars, claiming he's still o...
Elizabeth Parisian | Posted 04.24.2012
GE's federal tax dodging has a significant impact on Chicago's neighborhoods
Judith Samuelson | Posted 04.23.2012
What would pay look like if pay packages emphasized investment in the real economy over short term profits that emanate from the non-productive activity that got us into trouble in the first place? Citi might be a great place to experiment.
Reuters | Posted 04.20.2012
* Ex-chairman says pay plan not explained well * Plan by board lost in advisory poll of shareholders * Barney Frank prai...
Reuters | Posted 04.20.2012
* CEO pay rose 14 pct in 2011 vs 23 pct in 2010 * AFL-CIO presidents says Citigroup pay vote "a bell-ringer" * Mutual fu...
The Huffington Post | Mark Gongloff | Posted 04.18.2012
Well, hope you're happy with yourselves, Citigroup shareholders: You've gone and made Vikram Pandit sell his house. OK, maybe you didn't actually m...
Robert Reich | Posted 04.18.2012
The vote against Vikram Pandit's proposed pay package isn't binding on Citigroup. But it's a warning shot across the bow of every corporate boardroom in America. Shareholders aren't happy about executive pay.
Reuters | Posted 04.05.2012
By David Henry April 4 (Reuters) - JPMorgan Chase & Co CEO Jamie Dimon received $ 23.1 m illion in compensation in 2011, an 1 1 perce...
The Huffington Post | Bonnie Kavoussi | Posted 03.09.2012
In a common refrain, a high-level executive is getting a big bonus while his employees receive pink slips. Only this time, it's happening on Wall Stre...
Posted 02.16.2012
For Jamie Dimon, the shelter of his Upper East Side mansion isn't enough to keep him safe from the Occupy protesters. Instead, the JPMorgan Chase CEO ...
Rolling Stone | Matt Taibbi | Posted 02.09.2012
Everybody on Wall Street is talking about the new piece by New York magazine’s Gabriel Sherman, entitled "The End of Wall Street as They Knew It." ...
HuffingtonPost.com | Catherine New | Posted 01.27.2012
Big banks are realizing they may actually have to pay attention to customers to keep them. An unprecedented number of people dumped billion-dollar ...
Reuters | Posted 03.14.2012
* Top bankers among scores of introductory calls * Says protecting consumers and supporting honest businesses * Tells re...
Raymond J. Learsy | Posted 02.11.2012
Wall Street banks in general are laying off more and more people given the headwinds of the financial sector. But that is the point. How many of the laid off could have been kept on the payroll with just a portion of Citigroup CEO Vikram Pandit's paycheck?
The Huffington Post | Jillian Berman | Posted 12.28.2011
As protesters continue to camp out in Manhattan's Zuccotti Park and other locations around the world, some activists have found a new venue to occupy:...
Posted 12.12.2011
Vikram Pandit, CEO of one of the most visible Wall Street institutions in Citigroup, said he thinks the sentiments of the Occupy Wall Street protester...
HuffingtonPost.com | Alicia Ciccone | Posted 11.27.2011
Citi has announced that it will commit $24 billion to small-business lending over the next three years. The bank plans to lend $7 billion in 2011, $8 ...
The Huffington Post | James Sunshine | Posted 09.17.2011
Despite warnings from JPMorgan Chase CEO Jamie Dimon that the U.S. government may be suffocating the American economy recovery through over-regulation...
AP | PALLAVI GOGOI | Posted 09.14.2011
NEW YORK — Citigroup Inc. has long boasted of its international scope. It has a presence in 140 countries, more than any other U.S. bank. Now, ...
The Huffington Post | James Sunshine | Posted 08.30.2011
In the U.S., failing to pay back your Citibank bills can, at worst, lead to personal bankruptcy and a poor credit rating. In Indonesia, it may get you...
Posted 08.27.2011
NEW YORK (Jessica Dye) - A former vice president at Citigroup Inc was charged with bank fraud on Monday for allegedly embezzling more than $19 mil...
AP | PALLAVI GOGOI | Posted 05.25.2011
NEW YORK — Citigroup Inc., one of the worst-hit banks during the financial crisis, is taking more steps to get back in the good graces of shareh...
Posted 05.25.2011
Citigroup Inc plans to name John Havens as president and chief operating officer as part of a structural overhaul to address the bank's efforts to ex...
Posted 05.25.2011
NEW YORK (Reuters) - Citigroup Inc is on track to exceed expected regulatory requirements and shrink its worst assets to less than 20 percent of its ...
Posted 05.10.2012