Citigroup

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Big bank earnings signal fourth quarter troubles

Jan 17, 2012
Wells Fargo and Citigroup reported earnings today, and both were doing well until October, when Europe's debt crisis started to take its toll.
Posted In: banking, Earnings, Wells Fargo, Citigroup

Wells Fargo and Citigroup: A tale of two banks

Jan 17, 2012
Wells Fargo announced a 20 percent yearly profit today, making money on its mortgage business. But Citigroup stumbled as trading revenue dips for stocks and bonds.
Posted In: Citigroup, Wells Fargo, bank

Citigroup announces planned layoffs

Dec 7, 2011
Citigroup is just the latest is a long line of big banks announcing layoffs in recent months.
Posted In: Citigroup, Europe debt crisis

Citigroup case could head to court

Nov 29, 2011
A New York judge has put the kibosh on a $285 million settlement between Citigroup and the Securities and Exchange Commission.
Posted In: Citigroup, financial crisis

Judge strikes down SEC deal with Citigroup

Nov 28, 2011
A district judge said the SEC's proposed $285 million settlement with Citigroup over the sale of toxic mortgage debt was not in the public interest.
Posted In: SEC, Citigroup, Law

About those 200,000 customers affected in the Citi hack...

Jun 16, 2011
Turns out it was more like 360,083. That's according to a new update from Citigroup about the attack that took place in May. Citi says it has...
Posted In: Citigroup, hacking

Citibank hack might mean big changes for banks

Jun 10, 2011
Thursday, Federal Deposit Insurance Corp's head Sheila Bair said she might require "banks to strengthen their authentication when a customer logs...
Posted In: Citigroup, FDIC, hacking

Citigroup the latest to be hacked

Jun 9, 2011
I wonder if there's a big wheel somewhere that the hackers spin and whoever it lands on is the one to get hacked. One day it'll be Hostess snack...
Posted In: Citigroup, hacking, security

The all-time champion recipient of federal aid from the financial crisis?

Mar 16, 2011
This final note today, in which I somehow naively hope will be the last time we'll have to say the word "TARP" on this program....
Posted In: Bank of America, Citigroup, financial crisis, TARP

MID-DAY UPDATE: Egypt, Australia , and job numbers

Feb 2, 2011
Egyptian protesters in Cairo -- both opponents and supporters of President Mubarak's leadership -- are clashing today after the leader conceded to...
Posted In: Agriculture, Australia, Citigroup, cyclone, Egypt, EMI, flood, Internet, Jobs, mid-day update, Mubarak, The Beatles

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