Citigroup expects to fill CFO job within 45 days
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Citigroup Inc.  plans to fill its open chief financial officer job within 45 days, and has received "enormous" interest from prospective candidates, Chief Executive Charles Prince said on Wednesday.
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Citigroup Inc  awarded Chief  Executive Vikram Pandit $26.7 million of shares and 3 million  stock options, six weeks after he took over the largest U.S.  bank, and a week after reporting a record $9.83 billion  quarterly loss.
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Citigroup , the top U.S. bank by  assets, expects its investment spending next year to be less  than half the 2006 level, its chief executive said on Thursday,  acknowledging that its consumer bank has yet to turn the  corner.
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Citigroup said yesterday that Sallie L. Krawcheck, the former equity analyst recruited to the bank to clean up its research department, would become its chief financial officer.
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Citigroup Inc. (CN: Quote, Profile, Research) on Monday said one of its fast-rising executives, Sallie Krawcheck, will take over the No.
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Citigroup is expected to name Gary L. Crittenden as its new chief financial officer in a move that aims to appease frustrated investors.
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The chief executive of Citigroup said he expected to name a successor quickly to Sallie L. Krawcheck as Citigroupâs finance chief.
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Citigroup Inc  plans to inject about $3.3 billion into six of the seven structured investment vehicles it took onto its balance sheet last year, to shore up their credit ratings and protect creditors, Dow Jones Newswires said on Tuesday, citing people familiar with the situation.
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Citigroup Inc. (CN: Quote, Profile, Research) named Sallie Krawcheck chief financial officer on Monday, extending her reach across the world&#39;s largest financial
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Visa, the world&#39;s largest credit card  network, said on Tuesday it hired Hans Morris from Citigroup  Inc.  to become president of Visa Inc., which is planning  to go public by early next year.
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Citigroup Inc., the nation's largest financial institution, reported record quarterly earnings on Thursday and said it was working to resolve outstanding legal and regulatory issues.
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Shares in Germany's Commerzbank , which has been persistently cited as a possible takeover target, jumped over 3 percent on Tuesday to near a seven-year peak on market talk that Citigroup  was likely to bid about 45 euros for the bank, traders said.
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Citigroup said today that federal regulators had warned the bank that an investigation of its asset management unit could result in an enforcement action against the executive who ran the division until this week.
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Morgan Stanley expects several more quarters before credit markets return to more normal activity, and structured credit markets could be challenged for an extended period, the company's chief financial officer said.
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The Securities and Exchange Commission has given a large number of companies an additional 45 days to meet a number of the requirements of Section 404 of the Sarbanes-Oxley Act, which guides how auditors report on companies&#39; assessments of their internal
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Citigroup  said on Thursday that it plans to take $49 billion of structured investment vehicles onto its balance sheet, after ratings agencies' threats to downgrade the SIVs debt.
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Citigroup will buy Taiwan's Bank of  Overseas Chinese (BOOC) "very soon," an executive of the Taiwan  lender said on Thursday, in a deal media said would be worth  US$425 million.