Citigroup Inc.
News and overview for Citigroup Inc.
Citigroup CEO annual salary stays at $1 - MarketWatch
MarketWatch | 5 days 10 hours 37 minutes ago
Christina Romer, chair of the Council of Economic Advisers, addresses a question about perceptions of anti-business bias in the Obama administration and she explains why it shouldn't be a concern.
Citigroup files for IPO of Primerica unit - MarketWatch
MarketWatch | 17 days 13 hours 21 minutes ago
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Fitch Upgrades Citigroup's Individual Rating to 'D/E'; Rating Watch to Positive [Press Release]
Business Wire | 3 days 21 hours 13 minutes ago
Fitch Ratings has upgraded Citigroup Inc.'s (Citi) Individual Rating to 'D/E' from 'E' and placed this rating on Rating Watch Positive. Fitch has also revised the Rating Watch on Citi's 'B' trust preferred rating to Positive from Negative. A full list of ratings follows this release.
Phibro reaches out to hedge fund investors - MarketWatch
MarketWatch | 4 days 15 hours 8 minutes ago
Phibro began offering its commodities-trading fund to hedge fund investors this month through Park Hill Group, the people said on condition of anonymity. The fund is run by a team led by Hall, they added.
Citigroup fined $600,000 for trading strategies - MarketWatch
MarketWatch | 41 days 15 hours 48 minutes ago
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Stock futures extend drop after Citigroup earnings - MarketWatch
MarketWatch | 38 days 22 hours 37 minutes ago
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Goldman Sachs, Citigroup, Nokia in focus - MarketWatch
MarketWatch | 38 days 22 hours 6 minutes ago
European shares turned lower Thursday as earnings from the likes of mobile phone giant Nokia disappointed. Asian stock markets finished mostly higher, with indexes in Hong Kong and Australia closing at their highest levels in more than a year.
X5 Retail Group cut to hold at Citigroup - MarketWatch
MarketWatch | 42 days 2 hours 39 minutes ago
FRANKFURT (MarketWatch) -- X5 Retail Group N.V. , Russia's largest retailer in terms of revenue, was downgraded Monday to hold from buy at Citigroup. "X5 stock has rallied almost 20% over the last week," Citigroup analysts said in a note to clients. Moderate third-quarter operating results, "coupled with rich valuation, suggest the upside potential in the stock is largely exhausted," they said.
RusHydro raised to buy from sell at Citigroup - MarketWatch
MarketWatch | 42 days 2 hours 39 minutes ago
FRANKFURT (MarketWatch) -- RusHydro , Russia's largest power generation company, was upgraded Monday to buy from sell at Citigroup on valuation grounds. Since the August accident at its Sayano-Shushenskaya Hydroelectric Power Plant in Siberia, RusHydro has underperformed the Micex by 37%, Citigroup analysts wrote in a note to clients. "We do not expect much more downside from here and believe it is time to look at the underperformer," they said.
Zacks Analyst Blog Highlights: American Express Co., Bank of America Corp., JPMorgan Chase & Co., Citigroup Inc. and Capital One Financial Corp. [Press Release]
Business Wire | 4 days 13 hours 6 minutes ago
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: American Express Co. (NYSE: AXP), Bank of America Corp. (NYSE: BAC), JPMorgan Chase & Co. (NYSE: JPM), Citigroup Inc. (NYSE: C) and Capital One Financial Corp. (NYSE: COF).
Bain Capital Agrees to Purchase BELLSYSYTEM24 from Citi [Press Release]
PRNewswire | 7 days 18 hours 45 minutes ago
...definitive agreement to acquire Citigroup Inc.'s controlling stake...Securities, and Morgan Stanley. Citigroup Capital Partners Japan was advised by Citigroup Global Markets Japan and...Japan. BELLSYSYTEM24, Inc. (www.bell24.co...
LMP Corporate Loan Fund Inc. as of September 30, 2009 [Press Release]
Business Wire | 4 days 13 hours 6 minutes ago
LMP Corporate Loan Fund Inc. (NYSE: TLI) announces its portfolio composition as of September 30, 2009.
Zacks Analyst Blog Highlights: Citigroup Inc., Liberty Global Inc., Comcast Corp., Deutsche Telekom AG and Vodafone Plc [Press Release]
Business Wire | 5 days 13 hours 6 minutes ago
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Citigroup Inc. (NYSE: C), Liberty Global Inc. (Nasdaq: LBTYA), Comcast Corp. (Nasdaq: CMCSA), Deutsche Telekom AG (NYSE: DT) and Vodafone Plc (NYSE: VOD).
Paulson purchases help lift Citi, financials - MarketWatch
MarketWatch | 6 days 20 hours 10 minutes ago
Dollar decline continues after U.S. data
Citi redeems $250 million seed money from Claren - MarketWatch
MarketWatch | 5 days 13 hours 56 minutes ago
Citi /quotes/comstock/13*!c/quotes/nls/c (C 4.24, +0.06, +1.44%) redeemed all of its investment, roughly $250 million, the people said on condition of anonymity.
Company Overview
| Company: | Citigroup Inc. |
|---|---|
| Industry: | Money Center Banks |
| Website: | http://www.citigroup.com |
This is the Citi. One of the largest financial services firms known to man, Citigroup (also known as Citi) has some 200 million customer accounts and does business in more than 100 countries. Citigroup offers deposits and loans (mainly through Citibank), investment banking, brokerage, wealth management, alternative investments, and other financial services. Reeling from $90 billion in writedowns and losses on mortgage-related securities and other investments, Citigroup announced plans in early 2009 to split itself in two. The major reorganization will hive off its money-losing assets from its banking divisions.
Key Numbers
| Sales in U.S. Dollars (mil.) | 52,793 (2008) |
|---|---|
| One-year % Growth in Sales | -35.4 (2008) |
| Net Income in U.S. Dollars (mil.) | -27,684 (2008) |
| One-year % Growth in Net Income | 0.0 (2008) |
| Number of Employees | 387,000 (2007) |
| One-year % Growth in Number of Employees | 14.8 (2007) |
| Fiscal Year-End | December |
