Citigroup abandons U.S. branch expansion plan: report
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Citigroup Inc is abandoning its plans to open as many as 100 U.S. branches a year, The Wall Street Journal said on Thursday.
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Citigroup Inc  has barred  investors in one of its hedge funds from withdrawing their  money, and a new leveraged fund lost 52 percent in its first  three months, the Wall Street Journal reported on Friday.
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Citigroup Inc. (CN: Quote, Profile, Research) , the world&#39;s largest financial services company, said it remains committed to asset management, rejecting a published report it might
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U.S. and European banks including  Citigroup Inc  and HSBC Holdings PLC  are mulling  sales of parts of their businesses from branches to entire  units in a nod to crunch times ahead, the Wall Street Journal  reported on its Web site on Thursday.
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NEW YORK -- Citigroup Inc.. the financial services giant, confirmed on Wednesday that it was removing three senior executives in the wake of a banking scandal in Japan.
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Citigroup Inc. , the world's largest financial services company, on Friday said it will simplify its business structure and streamline its capital markets activities.
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Citigroup Inc.  on Friday said it is cutting jobs in its corporate and investment bank to save money, and a person familiar with the decision said more than 1,000 positions may be lost.
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Japan's financial regulators may suspend or even end some private banking operations at the Japanese commercial banking unit of U.S. financial services firm Citigroup Inc., the Nihon Keizai newspaper said on Thursday.
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Citigroup Inc. C.N, the world's  largest financial services company, on Friday said it will  consolidate its capital markets funding business into two  parts, and simplify the company's legal structure.
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Three senior Citigroup Inc. C.N  executives are leaving the company, after being found partially  responsible for last month's forced closure of Citigroup's  private bank in Japan, a person familiar with the matter said.
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Citigroup Inc. , the largest U.S.  bank, plans to list on the Tokyo Stock Exchange later this  year, a move that could make it easier to buy Japanese firms  through stock swaps, the Nihon Keizai (Nikkei) business daily  reported on Sunday.
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Citigroup Inc on Tuesday said it is raising at least $14.5 billion and cutting its quarterly dividend 41 percent to help shore up a capital base depleted by losses on subprime mortgages and consumer credit.
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NEW YORK, October 21  - Global banking giant Citigroup&#39;s (C.NYS) recent move to terminate three top executives, in the wake of the recent debacle in the companyâs Japanese operations, has been widely welcomed by Wall Street analysts.
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Citigroup  plans to list its shares in Tokyo and boost the number of its branches in Japan by 40 percent as the U.S. financial group looks to move beyond a niche role in the world's second-largest economy.
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Japan's financial regulator on Friday  ordered the Japanese commercial banking unit of Citigroup Inc.  to close four offices for violating banking laws.
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Citigroup Inc., the world&#39;s largest bank, was forced to shut its private banking operations in Japan after ``serious&#39;&#39; breaches were found by the nation&#39;s financial regulator.
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Citigroup is to revamp its Japanese private banking unit, creating a local committee to oversee operations, the Wall Street Journal reported.