Citigroup veteran to take PNB reins The Daily Tribune | 03/11/2010 | The board of the Philippine National Bank (PNB) approved yesterday the posting of Citigroup veteran Eugene Acevedo as the bank’s new president and CEO in place of Omar Byron Mier who will be nominated as director of PNB. | The changing of the guards at PNB will take place after the an...
Citigroup shares: No longer toxic? CNN March 9, 2010: 4:31 AM ET | NEW YORK (Fortune) -- Yes, Citigroup lost billions in the financial crisis. And yes, it's still swimming in toxic assets. But Bruce Berkowitz argues the worst is over. | Berkowitz, who manages the $11 billion Fairholme fund and was recently named Morningstar's U.S. stock ...
Citigroup names Keshav Sanghi India equities head DNA India | Mumbai: Citigroup said on Monday it named Keshav Sanghi as head of India equities, just two months after he joined the firm as head of sales and deputy head of equities for its Indian business. | Sanghi will replace Nikhil Nagle, who is leaving the...
Can Katy Perry stop EMI going to US bank Citigroup for a song? The Observer | It is a tale of sex, debt and rock'n'roll that is unlikely to have a happy ending. When , a City financier with a penchant for fast food and an insatiable appetite for deal-making, came up with a plan to buy , Britain's flagship music company, usin...
Can Katy Perry stop EMI going to US bank Citigroup for a song? The Guardian | Billions of pounds of debt, the internet and piracy are crippling one of Britain's most iconic firms | Katy Perry is selling well, but EMI is finding it increasingly difficult to turn talent into profit. Photograph: James Curley / Rex Features | It...
Citibank error exposes 600,000 social security numbers The Examiner | Citibank has sent out 600,000 mailings with their customers’ social security numbers printed on the outside of the envelopes.Customers were made aware of the error when a customer called to inquire about it.Apparently the gaff, or as the comp...
AP / Seth Wenig
CitiGroup Best Bank in Asia for 10th consecutive year The Daily Tribune | M E T R O F I L E | 02/27/2010 | Citigroup was awarded Best Bank in Asia by the editors of the Asset Magazine for 2009. The announcement was made at the annual Asset Asian Awards...
Citigroup and Bank of America report on gold Metals Place | Citigroup Inc. reports gold may rebound and advance north of $1,160 an ounce, according to a technical analysis report released yesterday. This gold report, like many others, sho...
Rising milk prices may fuel India inflation - Citigroup DNA India | Mumbai: Rising prices of milk and dairy products are a potential pressure point for food inflation, Citigroup said in a recent note. | Government data on wholesale price inflatio...
US stocks rally 0.4 per cent, buoyed by Citigroup m&c | New York - US stocks rose at least 0.4 per cent Thursday, after increases on the two previous days, buoyed by the bailed-out Citigroup's optimistic outlook. | Citigroup chief executive Vikram Pandit projected growth in the bank's return on assets i...
JP Morgan and Citigroup contributed to Lehman's collapse, says US examiner Newsvine | JP Morgan Chase and Citigroup helped cause the illiquidity that led to the collapse of Lehman Brothers, the bankrupt bank's examiner said today in a report filed in Manhattan federal court. | -- Bloomberg | ...
Citigroup CEO says bank on path to profitability The Examiner Comments NEW YORK (Map, News) - Citigroup Inc. says it's heading back toward sustained profitability after two years that saw the bank lose billions of dollars and be bailed out by the government. | CEO Vikram Pandit said Thursday that Citigroup has ...
Dodd Bill to Toughen Stance Against Banks Wall Street Journal By DAMIAN PALETTA | WASHINGTON -- Senate Banking Committee Chairman Christopher Dodd (D., Conn.) is finalizing a bill to rework financial market rules that is expected to be tougher against banks than previously expected, people familiar with the matter said. | Though details of the bill could still change before it is introduced Monday, some detai...
Tax rises hit Greece as EU meets on debt crisis Syracuse | (AP) - ATHENS, Greece - A wave of new tax hikes hit Greece on Monday, raising the cost of consumer goods despite recession and high unemployment, as European Union finance ministers gathered in Brussels to discuss the country's debt crisis. | The center-left government has increased the main sales tax from 19 to 21 percent, as part of a ?16 billi...