Citigroup
Citigroup is a global financial services company, headquartered in New York City, but has centers in other important financial centers such as London, Singapore, and Tokyo. The banking arm of Citigroup, namely Citibank, is more popular, but Citigroup also provides services such as wealth management, microfinance, mortgages, investment advice and investment research. Citigroup was formed by the largest merger in history when Citicorp and Travelers Inc. merged. For more on this famous company, browse through the articles below.
Judge Blocks Settlement Between Citigroup and SEC
According to a federal judge, the SEC jumped the gun and wasn’t looking out for the public interest in quickly agreeing to a settlement with Citigroup.
Citi Remains Too Big to Fail, Geithner Warns of Future Bailouts
Citigroup remains "too big to fail" according to the U.S. Treasury Secretary, and it appears that it’s just a matter of time before more bailouts again occur in a broken U.S. financial system rife with corruption, fraud and subterfuge.
Citi Sells Off More Assets, Moves Toward Stronger Position
Citi, one of the largest financial companies in the world, sold $1.6 billion in assets yesterday as it continued to sell off non-core businesses and assets.
Citigroup Will Repay $20 Billion in Bailout Money
Citigroup will repay $20 billion of the $45 billion borrowed from the U.S. government, with Uncle Sam potentially making a large profit on its shares of the company.
Government Announces New Bailout for Citigroup
In an effort to stabilize the distressed financial giant and to generate confidence in the free-falling global economy, the government announced a comprehensive bailout package for Citigroup.
Citigroup Cutting 53,000 Jobs Worldwide
In the latest indication of global economic distress, Citigroup has announced that it will be cutting 53,000 jobs in the coming months, or 15% of its workforce.
Citigroup CEO's Son Hot for Porn Star Brittany Andrews
Marc Weill, son of Citigroup's powerful CEO Sandy Weill, resigned last May and is now involved with 23-year-old porn star Brittany Andrews.
According to a federal judge, the SEC jumped the gun and wasn’t looking out for the public interest in quickly agreeing to a settlement with Citigroup.
Citi Remains Too Big to Fail, Geithner Warns of Future Bailouts
Citigroup remains "too big to fail" according to the U.S. Treasury Secretary, and it appears that it’s just a matter of time before more bailouts again occur in a broken U.S. financial system rife with corruption, fraud and subterfuge.
Citi Sells Off More Assets, Moves Toward Stronger Position
Citi, one of the largest financial companies in the world, sold $1.6 billion in assets yesterday as it continued to sell off non-core businesses and assets.
Citigroup Will Repay $20 Billion in Bailout Money
Citigroup will repay $20 billion of the $45 billion borrowed from the U.S. government, with Uncle Sam potentially making a large profit on its shares of the company.
Government Announces New Bailout for Citigroup
In an effort to stabilize the distressed financial giant and to generate confidence in the free-falling global economy, the government announced a comprehensive bailout package for Citigroup.
Citigroup Cutting 53,000 Jobs Worldwide
In the latest indication of global economic distress, Citigroup has announced that it will be cutting 53,000 jobs in the coming months, or 15% of its workforce.
Citigroup CEO's Son Hot for Porn Star Brittany Andrews
Marc Weill, son of Citigroup's powerful CEO Sandy Weill, resigned last May and is now involved with 23-year-old porn star Brittany Andrews.