News tagged with “phibro”. Found:
5 tagged news reports.
Your Search Returned 5 tagged news reports
Citi to sell Phibro to Occidental, price seen low
Bridgeport :: CT :: USA | 2 months ago
Credibility
Occidental has historically been conservative in its trading. Phibro has been profitable in recent years but has lost money in the past. In 1998, the bank put Phibro on the auction block because of its wildly fluctuating profits, but it never found a...
Occidental Petroleum to take over Citigroup's Phibro investment unit
New York City :: NY :: USA | 2 months ago
Credibility Los Angeles-based Occidental said its "net investment" in Citigroup's Phibro unit would be about $250 million...In early trading today, Occidental's stock was up 92 cents to $81.01 while Citigroup shares were down a penny to $4.64. Phibro has averaged...
Tags: Phibro, Occidental Petroleum Corp., Citigroup Inc, trader andrew, Andrew Hall, net asset, asset value, sell phibro, star trader, commodities trades
Phibro in talks to part with Citigroup: report
Southport :: NY :: USA | 4 months ago
Credibility Phibro, has been in the spotlight after the White House criticized a reported $100 million pay plan for Hall as "out of whack." It has previously been reported that Hall, a trader known for huge long-term bets in the oil market, has been pressing Citi...
Will Citigroup Lose its Top Energy Trader?
Tarp :: Germany | 4 months ago
Credibility will lose the head of its secretive and extremely profitable energy trading arm...Citigroup’s energy trading unit - is pressing the company to honor a 2009 compensation package that could be worth as much as $100 million . Such a lofty payout would put...
Tags: Kim Peterson Citigroup, Phibro
Citigroup asks U.S. Treasury to approve new bonuses: WSJ
New York City :: NY :: USA | 7 months ago
Credibility People at Citi’s energy-trading Phibro unit are threatening to leave the firm because of pay restrictions tied to the U.S. government bailout of the New York banking giant. The unit’s leader, Andrew Hall, earned about $100 million last year, the report...
Tags: U.S. Treasury, Phibro
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