assets

Source: news.yahoo.com --- 7 hours ago
AFP - Citigroup, reeling from the subprime mortgage crisis, said Friday it plans to sell roughly 400 billion dollars in assets in a streamlining reorganization aimed at restoring the US banking giant to profit. ...

Source: news.yahoo.com --- 7 hours ago
Reuters - 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: www.moreover.com --- 6 hours ago
NATIONAL Australia Bank chief executive John Stewart says Australia's biggest bank is eyeing acquisition opportunities arising from the global credit crisis. Mr Stewart said yesterday that the Melbourne-based bank was looking at 'good-quality' assets in ...

Source: www.jsonline.com --- 9 hours ago
Waukesha - A Waukesha County judge on Friday issued a temporary restraining order that freezes the assets of Mark M.... ...

Source: www.moreover.com --- 43 minutes ago
Africa Intelligence May 12 2008 4:25AM GMT ...

Source: www.moreover.com --- 1 day ago
Ad - www.intel.com May 11 2008 6:06AM GMT ...

Source: www.moreover.com --- 1 day ago
EU Bankers.net May 10 2008 11:13PM GMT ...

Source: www.moreover.com --- 6 hours ago
VOA News May 11 2008 10:53PM GMT ...

Source: www.pittsburghlive.com --- 1 day ago
As the economy sags and credit markets remain roiled, the number of Pennsylvania credit unions has slumped below 600, the worst showing in 60 years. But those quaint little nonprofit financial institutions, have more than survived. ...

Source: www.marshfieldnewsherald.com --- 1 day ago
OCONOMOWOC A temporary restraining order has frozen the assets of a former surgeon accused of slamming his SUV into a car and killing a pregnant school administrator and her 10-year-old daughter. A judge granted the request Friday to freeze assets of 55-year-old Mark Benson of the town of Summit. The crash April 25 killed 39-year-old Jennifer Bukosky, who was associate principal of Oconomowoc High School, her fetus and her daughter. Bukoskys 12-year-old son survived with minor injuries. Another child with them was severely injured but also survived. A lawsuit filed earlier in the week seeks unspecified damages from Benson. He is charged with three counts of homicide by intoxicated use of a vehicle. Prosecutors have said he took a combination of prescription drugs prior to the accident. ...

Source: www.ifc.org --- 10 hours ago
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Source: www.freshnews.in --- 20 hours ago
NEW YORK (AP) — Citigroup Inc.’s new chief executive, 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. The three-year game plan, revealed Friday, includes getting rid of more businesses, mortgages, real-estate operations and jobs. The bank aims to shed [...] ...

Source: www.jamaicagleaner.com --- 3 hours ago
Citigroup Inc said Friday it aims to shed about US$500 billion in assets and grow revenue by nine per cent over the next few years, as it tries to rebound from massive losses tied to deterioration in the mortgage and credit markets. ...

Source: www.local12.com --- 1 day ago
Citigroup says it wants to shed about 500 billion dollars in assets, while growing revenue by 9 percent over the next few years. It is trying to rebound from massive... ...

Source: freeinternetpress.com --- 2 hours ago
Citigroup Inc. said Friday it aims to shed about $500 billion in assets and grow revenue by 9 percent over the next few years, as it tries to rebound from massive losses tied to deterioration in the mortgage and credit markets.The plans are the most concrete yet by Vikram Pandit, nearing his five-month anniversary as the bank's CEO, to prove himself a capable turnaround specialist at a company that many claim was struggling long before the housing market collapse.The bank's plans to wind down its $2.2 trillion in assets to approximately $1.7 trillion were part of an investor day presentation at one of Citigroup's Manhattan offices.These so-called "legacy assets" included yet-to-be-named noncore businesses, as well as assets in Citigroup's securities and consumer banking segments, including mortgages and other real estate-related holdings. ...

Source: www.oilvoice.com --- 27 minutes ago
Highlights Island to sell Netherlands assets to Delta Hydrocarbons BV for a total consideration of 25m and future overriding royalty interests on gross production from the Amstel Field and othe ...

Source: www.bignewsnetwork.com --- 1 day ago
Tata Steel is planning to acquire the UK-based London Mining's (LM) Brazilian iron ore assets. The valuation of the assets is estimated around USD 2 billion. Apart from, Tata Steel, other global steel... ...

Source: www.watsonwyatt.com --- 15 hours ago
The Labor Department recently ruled that a specific but complex global asset pooling arrangement satisfies ownership requirements under the Employee Retirement Income Security Act (ERISA). This ruling potentially removes a significant roadblock multinational companies faced when attempting to combine assets of employee benefit plans maintained all over the world into a single pool. [UNITED STATES] ...

Source: www.topix.com --- 17 hours ago
Tulsa-based Williams announced today it has agreed to purchase interests in Colorado's Piceance Basin from Oklahoma City's SandRidge and other parties for $285 million in cash. via Oklahoma City Business ...

Source: www.garyascott.com --- 14 hours ago
Lifestyle and multi currency assets are vital in this time of declining dollars and rising inflation. I add lifestyle to the menu because we need more than multi currency assets. All currencies are at risk.  This threatens our lifestyle!  We need inflation fighting assets…real estate…commodities and/or shares. We need one, two or all three of these assets [...] ...