citi holdings news
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4 Reasons This Company Could Do Better Than You Think
Bač :: Serbia | 4 days ago
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Reasons This Company Could Do Better Than You Think Chad is a member of The Motley Fool Blog Network -- entries represent the personal opinion of the blogger and are not formally edited. C ) , I can't help but think of something that Peter Lynch said
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Do Investors Think Citigroup Is Full of It?
Alexandria :: VA :: USA | 1 month ago
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One of the most important things that a bank will report in its earnings release is the current tangible book value (TBV) per share -- its liquidation value divided by the number of outstanding shares. Often, this gives investors a gauge of how the
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Citigroup to overhaul global business
Singapore :: Singapore | 2 months ago
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Citigroup will overhaul its global operations over coming months, with new chief executive Mike Corbat planning to free up resources in underperforming countries to fund growth elsewhere as part of efforts to boost returns and take advantage of a
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Why Citigroup Is Making Me Nervous
Alexandria :: VA :: USA | 3 months ago
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Whether you're in a personal relationship or a business relationship, no one likes mixed signals. C ) is sending to its investors regarding plans for handling cash reserves set aside for the bank's troubled mortgages. Bad banks for bad mortgages
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Citi could release reserves in Citi Holdings unit soon: CFO
Sunnyvale :: CA :: USA | 3 months ago
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Citigroup Inc plans to dip into funds that it set aside against bad mortgages in its Citi Holdings unit "sooner rather than later," Chief Financial Officer John Gerspach said, in a move that should reduce the unit's drag on profits. Citi Holdings
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Is Citi Now A Good Investment?
Alexandria :: VA :: USA | 4 months ago
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CEO, Michael Corbat, had this to say about Citi's earnings results... Our bottom line earnings reflect an environment that remains challenging, with businesses working through issues like spread compression and regulatory changes, as well as the
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Getting Back On Track
Alexandria :: VA :: USA | 4 months ago
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was considered the kind of safe stock that widows and orphans are supposed to buy. A management change at the top and the 2007-2009 recession changed all of that. At one point there was legitimate reason to ponder its ultimate demise. Several years
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Citigroup to Slash 11,000 Jobs: Analysis
Alexandria :: VA :: USA | 6 months ago
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Focus on Reducing Expenses and Improving Efficiency Citigroup announced a number of measures that will further reduce expenses and improve efficiency across the company. CEO Michael Corbat said, These actions are logical next steps in Citi's
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CITIGROUP CUTTING OVER 11,000 JOBS (C)
Karāchi :: Pakistan | 6 months ago
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Citigroup is going to cut 11,000 jobs, the bank said in a release. As a result of the job cuts, the bank expects to take a fourth-quarter pre-tax charge of $1 billion and $100 million in related charges in the first half of 2013, the release said.
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The biggest struggle yet for Citi's repairman
New York City :: NY :: USA | 6 months ago
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A Citi sign is seen at the Citigroup stall on the floor of the New York Stock Exchange, October 16, 2012. When Citigroup Inc's board of directors was looking for a chief executive in 2007, it called Michael O'Neill, who had turned around Bank of
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