Citigroup Posts $2.8 Billion Loss
NEW YORK — Citigroup Inc., suffering its fourth straight quarterly loss and forfeiting the title of largest U.S. bank by assets, is falling behi...
Citi
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Citi Gives Up Challenge To Wells Fargo-Wachovia Deal
AP | SARA LEPRO | Posted 10.09.2008 | Business
NEW YORK — Wells Fargo emerged as the apparent victor in the battle for control of Wachovia bank Thursday night, after rival suitor Citigroup br...
Citi, Wells Fargo Extend Cease-Fire Over Wachovia
Reuters | Dan Wilchins | Posted 10.08.2008 | Business
Citigroup Inc and Wells Fargo & Co agreed to extend their legal standstill for two more days as they scrambled to come to a deal that could see them d...
Court tilts Wachovia fight toward Wells Fargo
AP | SARA LEPRO | Posted 10.05.2008 | Business
NEW YORK — The battle for control of troubled bank Wachovia tilted toward Wells Fargo Sunday as a state appeals court blocked a lower court ruli...
Citi To Slash 10 Percent Of Its Worldwide Investment Banking Workforce
Wall Street Journal | David Enrich And Dennis Berman | Posted 06.22.2008 | Business
Citigroup Inc., in the latest sign of bloodletting on Wall Street, is set this week to embark on an aggressive round of layoffs within its investment-...
How The Press Failed Readers On The Changing Credit Card Industry
Columbia Journalism Review | Dean Starkman | Posted 03.13.2008 | Media
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CJR Credit Cards,
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Media News
One of the paradoxes of the business press is that while everyone should read it, since we all live in the economy, not everyone does. In fact, most p...
Citi's Private Equity Stakes On The Block?
New York Times | Dealbook | Posted 01.31.2008 | Business
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Citi,
Court Square Capital Partners,
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Nikko Cordial,
Dan Primack,
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Even after its outside investments and its controversial dividend cut, Citigroup may still be looking for additional capital. PE Hub's Dan Primack rep...
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AP | MADLEN READ | Posted 10.16.2008 | Business