World news about “Citigroup” published by euronews.
More cuts at Citigroup Citigroup, the third largest US bank, has said it is going to eliminate 11,000 jobs worldwide; that is about four percent of its total staff. The move is… 05/12/2012
Regulators to fortify bank’s capital reserves Four of the world’s largest banks – Citigroup, Deutsche Bank, HSBC and JPMorgan Chase – have been told by regulators that they should boost their capital… 02/11/2012
Citigroup CEO Vikram Pandit shock resignation In a move that took analysts and investors by surprise, Citigroup’s top boss Vikram Pandit has resigned, effective immediately. Pandit has been five years… 16/10/2012
Citibank sees earnings dropNew York based global bank Citigroup has announced a 4.7 billion dollar loss in earnings after it agreed to sell off its joint brokerage business with Morgan… 15/10/2012
Citigroup fails US bank stress tests The latest annual round of bank stress tests in America has thrown up a surprise casualty, with Citigroup, the country’s third largest, failing along with… 14/03/2012
