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, Fidelity gets FMC nod to sell MCX stake The Times Of India MUMBAI: Citigroup Inc. and Fidelity International Ltd have received approval to sell their stakes in the Multi Commodity Exchange of India (MCX), the commodity markets regulator, Forward Markets Commission (FMC), said. | The Forward Markets Commissio...
Citigroup Tests Waters in Preferred Securities Sale ABC News By John Parry | March 10, 2010 | NEW YORK (Reuters) - Citigroup's launch of preferred securities on Wednesday is a potentially major test of market sentiment, one year after prices of bank bonds and stocks plunged to multi-year lows, analysts said. |...
Report: Citigroup to sell real estate division m&c | New York - US financial conglomerate Citigroup Inc has agreed to sells its real estate division, City Property Investors, to the US-based private equity investor Apollo Management LP, according to reports Wednesday. | Apollo stands to acquire 65 re...
Citigroup sells Japan ski resort to Malaysia's YTL The Guardian TOKYO, March 10 (Reuters) - Citigroup Inc has sold one of Japan's most famous ski resorts, Niseko Village, to Malaysia's YTL Corp, with the property and power conglomerate seeking to develop it into a world class summer and winter destination. Niseko...
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...
Citigroup exec to join Morgan Stanley The Times Of India NEW YORK: Gary Shedlin, who was most recently chairman of Citigroup's investment banking effort for financial institutions, is departing to join Morgan Stanley, a Morgan Stanley spokeswoman said. | Shedlin in his new position with Morgan Stanley will...
Citigroup settles lawsuit over Bruno's sale Business Journal Print Reprints RSS Feeds LinkedIn Share Comments Send this story to a friend | Email address of friend (insert comma between multiple addresses): Your email address: Add a brief note: | Enter words from the security image above: | Get new image | Aud...
Citigroup CEO says he supports Obama administration's financial-reform goal National Post | Reuters Network Canada.com Newspapers National Post Victoria Times Colonist The Province (Vancouver) Vancouver Sun Edmonton Journal Calgary Herald Regina Leader-Post Saskatoon StarPhoenix Windsor Star Ottawa Citizen The Gazette (Montreal) DOSE Ca...
End in sight for Bank Century circus Asia Times | By Gary LaMoshi | DENPASAR, Bali - An investigation of Indonesia's Bank Century, which required a bailout in 2008 that eventually climbed to 6.7 trillion rupiah (US$720 million), has been taken up by the quasi-independent Corruption Eradication Commission (KPK), a move that should end the political circus surrounding the looted lender. | KPK inve...
India embarks on ambitious scheme to take remote villages into information age The Times | India is to embark on an ambitious scheme to provide all its 630,000 villages, no matter how remote, with broadband internet access. | The plan is to use the internet to improve education and health services in areas blighted by poverty and to help to bridge the cultural chasms that still separate India's regions and castes. It would also enable ...