Citibank to Boost Stake in Credicard
543174
Citigroup Inc., the world&#39;s largest financial services firm, said Monday that Citibank Brazil will increase its ownership stake in Brazil&#39;s Credicard to 50 percent from 33 percent.
761186
Financial stocks got a lift Tuesday as speculation about merger and acquisition activity was injected into the market after Citigroup Inc.
208206
Financial-services giant Citigroup Inc. will pay $250,000 to settle allegations it used misleading sales material on hedge funds, the National Association of Securities Dealers announced Monday.
765268
Citigroup has agreed to buy Ecount, a privately held provider of prepaid cards, expanding its presence in the fastest-growing part of the payment industry.
382095
Citigroup Inc , which last week  posted a record $9.83 billion quarterly loss, on Tuesday said  it has strengthened its balance sheet and replenished depleted  capital levels by raising about $30 billion in the last two  months.
244105
Citigroup  has raised its stake in  Japanese brokerage Nikko Cordial Corp. (8603.T) to 68 percent  this month from 61 percent, according to a filing to Japan&#39;s  finance ministry.
685382
Citigroup Inc  on Tuesday cut its quarterly dividend 41 percent, and said it is raising $14.5 billion from offerings of convertible preferred securities.
427107
Citigroup  said on Thursday that it plans to take $49 billion of structured investment vehicle assets onto its balance sheet, to prevent ratings downgrades of the SIVs and fire sales of their assets.
411062
Citigroup is expected to announce on Tuesday 4,000 additional job cuts, a steep cut in its stock dividend, and another boost from foreign investors.
416462
Citigroup Inc. , under pressure to cut costs and boost a lackluster share price, promoted corporate and investment banking head Robert Druskin to chief operating officer on Monday.
724832
TOKYO -- Citigroup Inc., the largest bank in the United States, said Tuesday it raised its takeover offer for scandal-tainted Nikko Cordial Corp. by 26 percent in a deal worth up to $13.35 billion after the Japanese brokerage's largest shareholders rejected the initial price as too low.
763629
Citigroup Inc.'s  new chief financial officer Gary Crittenden may be paid close to $10 million this year, including as much as $9.5 million in incentive awards, the company said on Thursday.
481156
Citigroup Inc said on Tuesday it plans to raise $14.5 billion, slash its dividend and cut 4,200 jobs to shore up its balance sheet after a write-down for mortgages led to a record $9.83 billion quarterly loss.
214716
Citigroup  plans to boost the number of its branch locations in Japan by 40 percent to about 200, including those of recently acquired brokerage Nikko Cordial Corp. , as the financial firm looks to move beyond a niche role in the world's second-largest economy.
171281
The chief executive of Citigroup said he expected to name a successor quickly to Sallie L. Krawcheck as Citigroupâs finance chief.
5990
Citigroup, the financial giant, is expected to announce an offer to increase its stake in the scandal-tainted Japanese brokerage company the Nikko Cordial Corporation, said a Nikko spokesman, Shigeyuki Teshima. The potential $5 billion deal would mark Citigroupâs resurgence in Japan. Nikko Cordial faces a delisting from the Tokyo stock exchange because of an accounting scandal. According to media reports, the talks are aimed at Citigroup raising its stake in Nikko to above 50 percent, from under 5 percent. A Citigroup spokeswoman, Atsuko Yoshitsugu, declined to comment.
628680
Citigroup reported a 12 percent increase in its fourth-quarter earnings today, but it tempered expectations for the coming year.