Citigroup is close to a secret agreement with one of its main regulators that will increase scrutiny of the US bank and force it to fix financial, man...
Financial Times | Posted 07.31.2009 | Business
Citigroup has sharply increased interest rates on up to 15m US credit card accounts just months before curbs on such rises come into effect, in a move...
AP | Stephen Bernard | Posted 07.24.2009 | Business
NEW YORK (AP) -- Citigroup Inc. is increasing base salaries for many of its employees as it restructures its compensation program amid new restriction...
New York Times | ERIC DASH | Posted 07.11.2009 | Business
Tough words from Washington arrived by phone on Tuesday at Citigroup headquarters in New York. On the line was Sheila C. Bair, the head of the Fede...
Reuters | Posted 07.03.2009 | Business
Bank of America Corp (BAC.N) and Citigroup Inc (C.N) may be at risk of getting left behind. Rivals including JPMorgan Chase & Co (JPM.N) and Goldma...
Reuters | Posted 07.02.2009 | Business
(Reuters) - Citigroup Inc (C.N) told about five former top executives that they will not be paid tens of millions of dollars in promised severance pay...
Washington Post | Binyamin Appelbaum | Posted 04.11.2009 | Business
When Citicorp and Travelers Group agreed on a historic merger in 1998, the heads of the two companies placed a courtesy call to inform the Treasury De...
Wall Street Journal | DAMIAN PALETTA, JON HILSENRATH and DAVID ENRICH | Posted 04.09.2009 | Business
Barely a week after the third rescue of Citigroup Inc., U.S. officials are examining what fresh steps they might need to take to stabilize the bank if...
wsj.com | DAVID ENRICH and MONICA LANGLEY | Posted 03.25.2009 | Business
Citigroup Inc. is in talks with federal officials that could result in the U.S. government substantially expanding its ownership of the struggling ban...
Huffington Post/NYT/AP/WSJ | Posted 12.24.2008 | Business
The government unveiled a bold plan Sunday to rescue troubled Citigroup, including taking a $20 billion stake in the firm as well as guaranteeing hund...
Financial Times | Posted 08.15.2009 | Business