Government of Singapore

Citi Job Cuts Expected After Huge Losses Posted

AP | Posted 03.28.2008 | Business


Citigroup Inc. is expected to announce thousands of job cuts after posting dismal results for the fourth quarter, when the bank's mortgage-riddled por...

Citigroup Gets $12.5 Billion Infusion

AP | Madlen Read | Posted 03.28.2008 | Business


Citigroup Inc. secured $12.5 billion in much-needed cash and slashed its dividend as a huge drop in the value of its mortgage holdings sent it to its ...