Pages
Citigroup announces 11,000 layoffs
Jeff Horwich Dec 5, 2012
This morning Citi says that total is about to shrink -- 11,000 job cuts worldwide in the next year or two, some of them at least here in the U.S.
Allan Sloan: Is Citigroup 'too big to succeed'?
Jeff Horwich Nov 12, 2012
Citigroup has not come roaring out of the financial crisis like Goldman Sachs or JPMorgan Chase. Some analysts think the problems at Citigroup are inherent to the "one-stop-shopping" business model that Citigroup pioneered in the 1990s.
Michael Corbat selected to lead Citigroup
Jeff Horwich Oct 18, 2012
Yesterday, Vikram Pandit, the head of Citigroup, suddenly resigned saying it was time for new leadership. Pandit has been replaced by Michael Corbat, who was previously leading the bank's Europe, Middle East and Africa division.
Citigroup names new CEO in abrupt switch
Bob Moon Oct 16, 2012
A sudden change of leadership at Citigroup raises new questions about the future of the embattled banking giant.
Vikram Pandit steps down from Citigroup
Jeremy Hobson Oct 16, 2012
Vikram Pandit is stepping down as CEO of Citigroup. He'll be replaced by Michael Corbat, who runs some of the banks overseas divisions.
PODCAST: Citigroup settles lawsuit, consumer spending rises
Ryan Faughnder Aug 30, 2012
Citigroup pays up for past deeds. Earlier this week, we learned the SEC is investigating Ally Financial for its own mortgage practices around that time.
Citigroup settles shareholder lawsuit for almost $600 million
Mark Garrison Aug 30, 2012
Four years after the financial crisis, it's like the chickens of 2007 and 2008 are finally coming home to roost.
The problems with big banking, from back in the '90s
Jeff Horwich Jul 30, 2012
Last week we spent plenty of breath on Sandy Weill, the former head of Citigroup. Back in the '90s, he fought for his and other banks to grow huge and complex. Then last week Weill goes on TV and says: "It's time to break up the big banks."
Father of big banking Sandy Weill changes tune
Heidi N. Moore Jul 26, 2012
Sandy Weill, who engineered Citigroup and the creation of megabanks, says big banks should be split up. Will the debate now gain traction?
How average shareholders can take on the big banks
Kai Ryssdal Apr 19, 2012
A peek inside annual meetings for the big banks, where small shareholders get to talk directly to executives.
