Citigroup Profits

Bank Profits: Amateur Hour For Aspiring Magicians

New York Times | ANDREW ROSS SORKIN | Posted 05.21.2009 | Business


This is starting to feel like amateur hour for aspiring magicians. Another day, another attempt by a Wall Street bank to pull a bunny out of the ha...

After Rough Year, Nearly Half Of Wall St. Bank Profits Are Gone

The New York Times | LOUISE STORY | Posted 06.24.2008 | Business


Only a year ago, Wall Street reveled in an era of superlatives: record deals, record profit, record pay. But a mere 12 months later, nearly half of th...

Troubled Citigroup Seeking Cash Infusion From China, Kuwait

New York Times | ERIC DASH and ANDREW ROSS SORKIN | Posted 03.28.2008 | Business


Citigroup is turning to cash-rich foreign investors for a second time as it confronts mounting losses on mortgage-related investments. The financial ...

Citigroup Profits Fell 57 Percent In 3Q

New York Times | Eric Dash | Posted 03.28.2008 | Business


Citigroup, the global banking giant, said today that third-quarter profit dropped 57 percent after it faced heavy blows to its fixed-income and consum...