Citigroup Profits

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

The New York Times | LOUISE STORY | Posted 06.16.2008 | 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 01.11.2008 | 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 10.15.2007 | 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...