Top bankers must judge risk: Citigroup chairman
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Managing risk within a bank is not just a matter of relying on internal processes but also requires taking the right decisions at the top of the company, Citigroup  Chairman Win Bischoff said on Tuesday.
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&#39;We&#39;re not a deal-focused company,&#39; Prince tells newspaper; adds bank must focus on ethics. NEW YORK  - The chief executive of Citigroup Inc.
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Uncertainty in the global  economic outlook is rising and central banks need to be careful  at such a time, Bank of Japan Policy Board member Hidetoshi  Kamezaki said on Wednesday.
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Saudi Prince Alwaleed bin Talal, Citigroup Inc.'s  largest individual shareholder, said he has confidence in Chief Executive Charles Prince and does not want to see a breakup of the biggest U.S. bank, according to a published interview.
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An unusually high degree of risk  taking across asset classes made recent financial market  turmoil all but inevitable, former Federal Reserve Chairman  Alan Greenspan said on Sunday.
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Citigroup Inc. (CN: Quote, Profile, Research) shares fell as much as 2.75 percent on Monday after a prominent Wall Street analyst downgraded the world&#39;s largest financial
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Citigroup Inc  may need to slash its dividend 40 percent to preserve capital, and with Merrill Lynch & Co  and JPMorgan Chase & Co  may write off $33.6 billion of debt this quarter as the global credit crunch deepens, a Goldman Sachs & Co analyst said.
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The chairman of the House Financial Services Committee took aim Thursday at the Federal Reserve's belief that inflation rather than slow growth poses the greatest risk to the economy.
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The chief executive of Citigroup has taken a number of symbolic steps to address concerns by investors that his company is too immense to manage.
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The German and French financial watchdogs said on Thursday they were looking into recent trading by U.S. financial services group Citigroup (C.N: Quote , Profile , Research ) in European government bond and ...
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TOKYO A leading executive at Citigroup, which was forced to shut its private bank in Japan in September, said Tuesday that the bank would review all past transactions with individual customers in Japan.
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The lesson from Wall Street's recent turmoil for China is that it should open its financial markets to ensure its investors have the tools they need to manage risk, former U.S. Commerce Secretary Donald L. Evans said Friday in Shanghai.
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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,  under pressure to cut  costs and boost revenues, said on Monday it had named Robert  Druskin as chief operating officer.
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Turmoil in the credit markets  will take a toll on the U.S. economy but the full impact will  not be clear for another two or three months, William Rhodes,  senior vice chairman of Citigroup Inc, said on Thursday.
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This year the leaders of some of the worldâs most respected financial institutions have been caught either unaware or uninformed about giant risks their companies took.
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A Federal Reserve governor, Kevin M. Warsh, said Friday that the Fed should be âextremely waryâ of protecting banks or investors from losses resulting from the sell-off in credit markets.