Citigroup abandons U.S. branch expansion plan: WSJ
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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. shares had their biggest one-day drop in 18 months after Merrill Lynch &amp; Co. cut its rating on the stock because Japanese regulators shut the bank&#39;s Tokyo-based private banking unit.
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Citigroup Inc., the world&#39;s largest bank, was forced to close its private banking operations in Japan after the nation&#39;s financial regulator reported it had found &quot;serious&quot; breaches.
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Citigroup Inc.  on Friday denied  persistent speculation that Chief Financial Officer Sallie  Krawcheck was leaving the biggest U.S. bank, but declined to  confirm she will stay in her current role.
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Citigroup wrote off a colossal $18.1 billion on Tuesday and secured new capital as Merrill Lynch, also seen heading for big losses due to the U.S. subprime mortgage meltdown, announced a $6.6 billion shot in the arm.
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Citigroup Inc. said Monday it will close its trust banking unit in Japan within a year, after Japanese authorities ordered the US financial services giant to suspend its private banking business there.
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Citigroup  is considering cutting  5 percent to 10 percent of its work force, which totals  327,000, CNBC television reported on Monday, without citing  sources.
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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 is likely to announce on Tuesday a significant dividend cut, at least $10 billion of new capital and a writedown of as much of $20 billion, the Wall Street Journal reported on Monday.
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Citigroup plans to eliminate about 1,000 jobs at its corporate and investment bank, according to a person close to the company, the latest signal that the company is placing a renewed emphasis on cutting costs and bolstering shareholder returns.
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Citigroup Inc.  could make as much as $24 billion in writedowns and lay off 20,000 workers as part of a plan to cut costs and boost capital, CNBC said on its Website in a report dated on Sunday.
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Citigroup Inc  is likely to  announce on Tuesday a significant dividend cut, at least $10  billion of new capital and a writedown of as much of $20  billion, the Wall Street Journal reported on Monday.
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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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Citigroup  plans to rescue $49 billion of structured investment vehicles in a move that further strains the biggest U.S. banking group's capital levels and may scupper a U.S. government-endorsed SIV bailout plan.
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Citigroup Inc , the largest U.S. bank, may eliminate 17,000 to 24,000 jobs and write off as much as $24 billion for subprime and other credit losses, as part of a plan to cut costs and add capital, CNBC television said on Monday.
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Citigroup Inc. shares on Monday suffered their biggest one-day percentage decline in 18 months after a prominent Wall Street analyst downgraded the world&#39;s largest
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Bank of America Corp ,  Citigroup , and JPMorgan Chase & Co  have abandoned  plans for a fund to bail out structured investment vehicles,  due to a lack of demand, according to sources familiar with the  matter.