Citigroup Inc.
News and overview for Citigroup Inc.
LMP Corporate Loan Fund Inc. ( TLI ) Announces Distribution for the Month of November 2009 [Press Release]
Business Wire | 13 days 17 hours 31 minutes ago
LMP Corporate Loan Fund Inc., which is listed on the New York Stock Exchange under the symbol “TLI”, announced today a monthly distribution of $0.0400 per common share for November 2009. The distribution amount is unchanged from the prior month.
Kraft reportedly lines up $9 billion loan for Cadbury bid - MarketWatch
MarketWatch | 19 days 8 hours 50 minutes ago
Kraft needs to show the U.K.'s Takeover Panel that it has committed financing in place before Nov. 9, when it has to bid for a second time or walk away for six months, after Cadbury rejected its initial cash and share bid in September, the report said.
Occidental buys Citi firm Phibro for $250 million - MarketWatch
MarketWatch | 45 days 2 hours 18 minutes ago
Occidental buys Citi firm Phibro for $250 million
Einhorn bets on major currency death spiral - MarketWatch
MarketWatch | 34 days 21 hours 52 minutes ago
Reuters David Einhorn of Greenlight Capital.
Citi in talks with Indian tech firms on outsourcing deal: report - MarketWatch
MarketWatch | 39 days 14 hours 14 minutes ago
"By selling these (internal technology platforms) off, the bank wants to monetize these assets, and also bundle a multi-year outsourcing contract for better rates," the Web site quoted a person familiar with the discussions as saying.
J.P. Morgan profit jumps past estimates - MarketWatch
MarketWatch | 40 days 4 hours 7 minutes ago
The company earned $3.6 billion, or 82 cents a share in the third quarter, compared to $527 million, or 9 cents a share a year ago. Analysts polled by Thomson Reuters had expected the company to earn 52 cents a share.
Zacks Analyst Blog Highlights: Target Corporation, Wal-Mart Stores Inc., Hasbro Inc., Mattel Inc. and Citigroup Inc. [Press Release]
Business Wire | 44 days 18 hours 31 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: Target Corporation (NYSE: TGT), Wal-Mart Stores Inc. (NYSE: WMT), Hasbro Inc. (NYSE: HAS), Mattel Inc. (Nasdaq: MAT) and Citigroup Inc. (NYSE: C).
Wall Street, Bloomberg & the Yankees strike back David Weidner's Writing on the Wall - MarketWatch
MarketWatch | 13 days 10 hours 3 minutes ago
That's what happened last Friday when, in the shadow of Wall Street, New York City Mayor Michael Bloomberg hailed the New York Yankees after the team's parade celebrating the organization's 27th championship. It wasn't just a special moment; it was the best moment money could buy.
Radical fixes for 'too big to fail' gain support - MarketWatch
MarketWatch | 14 days 23 hours 4 minutes ago
"What you will have is another public utility sector, with banks growing roughly 4% a year, funded by deposits," Richard Bove, a financial-services analyst at Rochdale Securities, said in an interview.
US to order exec pay cuts at bailed-out firms: NYT - MarketWatch
MarketWatch | 32 days 20 hours 1 minute ago
US to order exec pay cuts at bailed-out firms: NYT
Hedge fund manager Einhorn says break up big banks - MarketWatch
MarketWatch | 34 days 23 hours 1 minute ago
DTE Energy increases 2009 earnings outlook
U.S. futures steady before earnings, data crush - MarketWatch
MarketWatch | 39 days 5 hours 51 minutes ago
S&P 500 futures rose nine-tenths of a point to 1,088.60 while Nasdaq 100 futures held at 1,747.70. Futures on the Dow Jones Industrial Average rose 7 points.
Banks rise after J.P. Morgan earnings top target - MarketWatch
MarketWatch | 40 days 3 hours 33 minutes ago
Burberry's sales perk up, but wholesale suffers
U.S. consumer credit remains shaky: Citi CEO - MarketWatch
MarketWatch | 38 days 23 hours 55 minutes ago
C
A look at banks with government backing of assets - MarketWatch
MarketWatch | 19 days 16 hours 1 minute ago
Warren Buffett s bet on the Burlington Northern Santa Fe is the kind of big, bold move any 19th-century American capitalist would have loved -- and understood.
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 |