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Breaking News Mon, 15 Mar 2010
Philippine National Bank - PNB Malaybalay
(photo: WN / Arturo Ubaub)
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...
In this Sept. 18, 2008 file photo, showing the exterior of Citigroup offices in San Francisco. Citigroup Inc. said Monday it has filed a complaint in New York Supreme Court against Wachovia, Wells Fargo and the directors of both companies seeking more than $60 billion in damages for interfering with the bank's planned takeover of Wachovia's banking operati
(photo: AP / Paul Sakuma, file)
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...
Citigroup Center is seen in New York, Monday, Feb. 23, 2009. Citigroup Inc. has approached banking regulators about ways the government could help strengthen the bank, including the stock conversion plan, according to people familiar with the discuss
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...
Pedestrians walks up stairs near a subway station at Citigroup center location at Lexington Ave. on Friday, Nov .21, 2008 in New York. Shares of Citigroup Inc. climbed in premarket trading Friday, as the financial giant was said to be looking at selling off pieces of itself _ or the entire company _ to help rebuild investor confid
AP / Jin Lee
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...
Food Commodities  -  Powdered Milk
WN / Trigedia
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 ...
Banking
 Democratic presidential hopeful Sen. Christopher Dodd           (js1)
(photo: AP / Paul Sancya)
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...
Finance
Spain's Prime Minister Jose Luis Rodriguez Zapatero, centre, speaks alongside EU's president Herman Van Rompuy, left and European Commission President Jose Manuel Durao Barroso during a joint news conference at the Moncloa Palace in Madrid Friday Jan. 8, 2010.
(photo: AP / Paul White)
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...



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