Citigroup Inc.

1-17 of 39 results

Citi raises salaries for CFO, global markets head

AP News 3 days ago

Citigroup raises salaries of 2 top executives; CEO Pandit to continue to receive $1 Citigroup Inc. said its chief financial officer and co-head of global markets are getting raises, while CEO Vikram Pandit will continue to collect a salary of $1 per ...

Sector Snap: Homebuilders follow Pulte higher

AP News 3 days ago

Shares of homebuilders follow Pulte higher, brushing off reports showing weak housing sector Shares of most homebuilders were mixed in Wednesday trading after two reports gave weak readings on the current housing market. Bucking the trend was Pulte Homes Inc., which jumped ...

Another credit card fee is about to fly

AP Features 3 days ago

Late-paying airline and hotel customers may face a new fee _ courtesy of credit card company Another fee is coming in the new year for airline and hotel customers — this time from your credit card company. The message: Pay your bill ...

Senate hears need for bank overdraft controls

AP News 4 days ago

Senate hears need to stop banks from charging abusive overdraft fees Consumer advocates on Tuesday urged Congress to move forward on legislation to curb bank practices under which a cup of coffee bought with an overextended debit card can turn into a ...

Citi boosts base salaries of some senior employees

Reuters US Online Report Business News 4 days ago

NEW YORK (Reuters) - Citigroup Inc <C.N> said on Tuesday it boosted the base salaries for its chief financial officer and a global markets co-head, but still plans to pay Chief Executive Vikram Pandit $1 for the year. The compensation changes are ...

Banks sense danger, warn Congress on breakup power

Reuters US Online Report Business News 5 days ago

WASHINGTON (Reuters) - Some of the world's largest financial firms on Monday urged a top U.S. lawmaker not to pursue big bank break-up legislation, an idea attracting interest in Congress and causing alarm on Wall Street. The Financial Services Forum, a lobbying ...

Citi to sell Bellsystem stake to Bain for $1 billion

Reuters US Online Report Business News 6 days ago

TOKYO (Reuters) - Citigroup Inc said on Sunday it has agreed to sell its stake in Japanese telemarketer Bellsystem24 to U.S. private equity firm Bain Capital for 93.5 billion yen ($1 billion). Bain has been widely expected to buy Bellsystem24 after securing ...

Citi rejects Terra Firma's latest bid to save EMI: report

Reuters US Online Report Business News 6 days ago

(Reuters) - Citigroup Inc <C.N> recently rejected a proposal from Guy Hands' private equity firm Terra Firma Capital Partners to restructure the debt of music group EMI <LNDONE.UL>, the Wall Street Journal said on Monday. The buyout firm had offered to inject ...

Citigroup Bain Capital

AP News 6 days ago

FILE - In this Jan. 12, 2009 file photo, Citigroup headquarters is seen in New York. Citigroup Inc. on Sunday, Nov. 15, 2009 said that it is selling its controlling stake in Japan's leading call center operator, Bellsystem24, to private equity firm ...

Citigroup sells stake in Japanese call center

AP News 6 days ago

Bain Capital to pay $1B for Citigroup's controlling stake in Japanese call center operator Citigroup Inc. said Sunday that it is selling its controlling stake in Japan's leading call center operator, Bellsystem24, to private equity firm Bain Capital Partners in a deal ...

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