It was raining. Torrents. But the atmosphere was anything but damp at a recent fundraising wingding where I joined in a high-spirited soiree featuring...
Not content with having swindled tens of millions of Americans out of their homes and life savings, the very bankers who caused the biggest economic catastrophe since the Great Depression are now subverting government regulations designed to prevent comparable disasters in the future.
Breaking up the biggest banks because they are perceived as "too big to fail" is unrealistic. What is needed, however, are improvements in the transparency and the accountability of governance in these institutions.
BOSTON -- Citigroup reported a first-quarter profit of $3.8 billion, a 30 percent surge from last year as the bankās securities and trading operatio...
WASHINGTON -- Jack Lew, President Barack Obama's nominee for Treasury Secretary, maneuvered around questions during a Wednesday confirmation hearing a...
The top management at Citigroup gave a dour view Thursday on the path the U.S. economy would take in 2013, saying it wasn't sure that positive trends ...
If you're one of the lucky 11,000 employees whose holidays just got ruined by Citigroup, here's some cold comfort: You'll have company soon enough.
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This year has just been one headache after another for Citigroup, and the Federal Reserve has made it more likely that Citi kicks off 2013 with a migr...
The Facebook IPO debacle continues to cost money and scalps. And, once again, as with every Wall Street scandal, dumb emails are involved. Thank you, ...
Once he became chairman, Michael OāNeill meticulously built a case for Vikram Panditās ouster, drawing in one person after another until Mr. Pandi...
Vikram Pandit's abrupt tumble from atop Citigroup is the latest example of the bank's transformation from the model of big-tent banking into a dysfunc...
Hell has frozen over! After years of lawsuits and investigations by federal and state law enforcement agencies mortgage servicers are finally being forced to repay some of the billions of dollars they stole from American consumers. Unfortunately, the timing couldn't be worse.
The media headlines reflect a bleak reality for returning vets: "As Wars End, Young Veterans Return to Scant Jobs".These reports are echoed by employm...
I'm going to make a prediction, right here; right now: This crowdsourcing phenomenon is just getting started and Yammer is just the beginning of what is sure to be a clown-car chase for the best companies in this sector.
In the wake of Wall Street recklessness that caused economic collapse, Congress gave shareholders and citizens Dodd-Frank to help them constrain self-dealing corporate executives. The 99% Coalition and shareholders are working with those tools even as Republicans vow to take them away.
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.
As we compiled our list of the best credit cards for this year's Editor's Choice Awards, we saw something we haven't seen much of from lenders over the past few years. Hunger.
When federal judge Jed Rakoff tossed out a proposed settlement between the Securities and Exchange Commission and banking giant Citigroup on Monday, h...
This time of year, retail stores want to encourage new account signups at checkout. If you make too many new applications, you can put a temporary ding in your credit report that can disqualify you from the best credit card deals.
Why has Robert Rubin, the onetime treasury secretary who went on to become Citigroup chairman during the time of the corporation's financial shenanigans, never been held accountable for this and other deep damage done to the U.S. economy on his watch?