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Source: articles.moneycentral.msn.com --- 2 days ago
... Source: news.yahoo.com --- 3 days ago
Reuters - Citigroup Inc is considering selling its Japanese consumer finance company CFJ KK or cutting the unit's business significantly as part of its plans to shed assets, Japanese daily Nikkei reported on Sunday. ... Source: articles.moneycentral.msn.com --- 4 days ago
Citigroup Inc said on Friday it plans to shed $400 billion of assets within three years and boost revenue by up to 10 percent annually, in a bid to restore profitability after huge losses tied to flagging mortgage and credit markets. ... Source: money.cnn.com --- 5 days ago
After months of poring over Citigroup's various business holdings, CEO Vikram Pandit delivered the massive restructuring plan that shareholders had been bracing for, revealing that the beleaguered bank would unload more than $400 billion in assets over the next few years. ... Source: www.reuters.com --- 3 days ago
TOKYO (Reuters) - Citigroup Inc is considering selling its Japanese consumer finance company CFJ KK or cutting the unit's business significantly as part of its plans to shed assets, Japanese daily Nikkei reported on Sunday. ... Source: uk.reuters.com --- 4 days ago
NEW YORK (Reuters) - Citigroup Inc , the largest U.S. bank, said on Friday it plans to shed $400 billion (205 billion pounds) of assets within three years and boost revenue by up to 10 percent annually in a bid to restore profitability after huge losses tied to flagging mortgage and credit markets. ... Source: uk.reuters.com --- 4 days ago
TOKYO (Reuters) - Citigroup is considering selling its Japanese consumer finance company CFJ KK or cutting the unit's business significantly as part of its plans to shed assets, Japanese daily Nikkei reported on Sunday. ...
Source: www.npr.org --- 5 days ago
Investors have been growing cautiously optimistic in recent days that the worst of the credit crisis is over. But now, there's fresh evidence that there's still trouble looming. The insurance giant AIG announced a huge loss related to bad mortgage debt, and Citigroup, the nation's largest bank, is going to sell off some $400 billion in assets as it seeks to become more efficient. ... Source: www.theglobeandmail.com --- 2 days ago
Citigroup Inc.'s new chief executive officer, Vikram Pandit, plans to stick with a global banking model after months of intense review - but only after shrinking the company by about one-fifth first. ... Source: www.ft.com --- 4 days ago
Banking behemoth Citigroup plans to melt up to $500bn in assets off its balance sheet within three years. That is equivalent to about a fifth of its total, or the US defence budget for this fiscal year ... Source: www.independent.co.uk --- 5 days ago
Vikram Pandit, the chief executive of Citigroup, has launched a robust defence of the banking and investment conglomerate, saying it was well placed to become as major a force in developing markets as it is in the US. ... Source: www.moreover.com --- 4 days ago
Macro World Investor May 11 2008 8:07AM GMT ... Source: business-times.asiaone.com --- 4 days ago
(PHILADELPHIA) Citigroup Inc, the largest US bank, said yesterday it aims to shed US$400 billion of assets - nearly 20 per cent of its total - over the next two to three years to become more efficient and profitable. ... Source: www.euronews.net --- 5 days ago
... Source: www.washingtontimes.com --- 4 days ago
NEW YORK (AP) - Citigroup Inc.s new chief executive, Vikram Pandit, after months of intense... ... Source: clientportal.ibb.ubs.com --- 5 days ago
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The Australian May 10 2008 8:45AM GMT ... Source: www.moreover.com --- 4 days ago
Taipei Times Online May 10 2008 8:40AM GMT ... Source: www.thisismoney.co.uk --- 5 days ago
Citigroup is said to be considering the sale of up to $400bn (£202.3bn) of non-core assets. ... Find more search results for Citigroup on RSSMicro.com |
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Citigroup Inc. said Friday it aims to shed about $500 billion in assets and grow revenue by 9 percent over the next few years ...