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A stock-market rally at the end of the quarter propelled equities trading revenue up 32% to $1.2 billion, lifting overall markets revenue 1%. But bond trading revenue lagged, falling 6% to $3.6 ...
Citigroup's CFO Mark Mason plans to say more about the bank's restructuring next month at a banking conference in New York. Click here for in-depth analysis of the latest stock market news and ...
Citigroup will cut 20,000 jobs over the next two years, the bank said on Friday, after reporting a $1.8 billion quarterly loss driven by a string of one-off charges. "The fourth quarter was very ...
John Shepard Reed (born February 7, 1939) [1] is the former chairman of the New York Stock Exchange. He previously served as chairman and CEO of Citicorp, Citibank, and post-merger, Citigroup. He is the past chairman of the Massachusetts Institute of Technology's board of trustees. [2]
The following is a list of publicly traded companies having the greatest market capitalization, sometimes described as their "market value": [1]. Market capitalization is calculated by multiplying the share price on a selected day and the number of outstanding shares on that day.
A pair of government regulators slapped Citigroup with a $135.6 million fine on Wednesday, saying the bank has made insufficient progress in resolving longstanding internal control and risk issues.
The following year of 2003, Weill sold 5.6 million shares of Citigroup stock back to the financial institution itself for nearly $264 million and semi-retired, relinquishing the title of chief executive officer (CEO) to Charles O. ("Chuck") Prince (born 1950), who however only served for the next few years, stepping down himself as both CEO and ...
Citigroup said it was cutting 10% of its workforce in a bid to help boost the embattled bank’s results and stock price.. About 20,000 employees will be let go over the “medium term,” New ...