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BBC News
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US banking giant Citigroup has reported a $9.83bn (�5bn) net loss for the last three months of 2007.
Chief executive Vikram Pandit said the loss had been caused by a $18.1bn exposure to bad mortgage debt and was "clearly unacceptable".
The company..
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MSNBC
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Citigroup Inc., bracing for big credit-related losses in the fourth quarter, is looking to cut costs with another round of job cuts, according to CNBC.
CNBC reported Monday that "massive" layoffs were planned. Though exact numbers had not yet been set,..
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MSNBC
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American International Group Inc., which has lost billions on bad bets on the mortgage market, on Sunday named former Citigroup Inc. executive Robert Willumstad to replace the insurer’s besieged chief executive.
Willumstad, 62, will take over from Ma..
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BBC News
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Citigroup has suffered a second massive loss as the credit crisis continues to take its toll on the biggest US bank.
It made a loss of $5.11bn (�2.7bn) in the first quarter, although this was smaller than the $9.8bn loss reported in the final three m..
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BusinessWeek
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Citigroup's new chief executive embraces the do-it-all strategy, rejecting calls for a breakup
Citigroup CEO Vikram Pandit has made up his mind: The world's largest bank will remain intact. After months of speculation, the new chief has rejected calls..
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BusinessWeek
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Now that John Thain has accepted the top job at Merrill, Citigroup will have to look farther afield for a new chief
Now what about Citi?
With John Thain's decision to become chief executive at Merrill Lynch has lost a leading candidate in its own CE..
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BusinessWeek
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Stocks rose on announced changes to Citigroup's organization and management. But more losses are likely
Citigroup (C) is shaking up its investment banking business in an effort to get back on track.
On Nov. 13 the new head of investment banking at t..
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BusinessWeek
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Capital levels are tumbling at major banks and brokerages—not just Citigroup—which could crimp earnings and economic growth
After Charles Prince III resigned as chief executive (BusinessWeek.com, 11/5/07) of Citigroup (C), the first question that a..
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BBC News
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Stock markets have fallen across Asia and Europe as confidence in the US banking sector was dented further by the resignation of Citigroup's boss.
Markets fell sharply in Asia in reaction to Charles Prince's exit, the second departure of a leading Wall..
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BusinessWeek
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Deals surrounding Citigroup and Bausch & Lomb and news of Buffett's recent bets kept buyers around. Housing data was mixed, and industrial production rose
The Dow Jones industrial average raced ahead to a new record Wednesday thanks to deal news and pu..
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Washington Post
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First-quarter profit at Citigroup Inc. dropped 11 percent as the nation's largest financial institution took a charge to cover a massive restructuring designed to cut costs and improve earnings. Still, the results announced Monday beat Wall Street expecta..
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FOX News
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Citigroup (C) Chief Executive Charles O. Prince III plans to eliminate or reassign more than 26,000 jobs, or 8 percent of its work force, when he announces a major overhaul of the financial institution on Wednesday, according to a report in The New York T..
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CNN
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Some executives within Citigroup are pushing for the U.S. banking giant to make a bid for ABN AMRO, which is in discussions about a possible merger with Barclays, the Wall Street Journal reported on Friday.
Citigroup is studying whether to make a bid f..
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New York Times
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A couple of years ago, Robert E. Rubin — éminence grise at Citigroup and the Democratic Party’s economic wise man — decided that the United States dollar was headed for a fall...
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