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Citigroup Incorporated

A collection of news and information related to Citigroup Incorporated published by this site and its partners.

Top Citigroup Incorporated Articles

Displaying items 12-22
  • Citigroup still has a way to go in cost-cutting program

    (Reuters) - At a meeting with 300 senior Citigroup officials in the first week of February, Chief Executive Michael Corbat said the bank needed to focus on two things above all else this year: expenses and efficiency. The bank's first quarter results...
  • Bullish U.S. retail sales brighten growth outlook

    Bullish U.S. retail sales brighten growth outlook
    WASHINGTON (Reuters) - U.S. retail sales recorded their largest gain in 1-1/2 years in March in a decisive sign the economy is bouncing back from its weather-induced slumber. Monday's upbeat report was the latest to indicate growth was set to...
  • TIAA-CREF to buy Nuveen Investments for $6.25 billion

    (Reuters) - TIAA-CREF, an insurer and asset manager focusing on workers at non-profit organizations, said it would acquire fund manager Nuveen Investments for $6.25 billion, seeking to expand its mutual fund and municipal bond offerings. The deal will...
  • Wall Street cierra en alza tras resultados de Citi, ventas de minoristas

    Por Ryan Vlastelica NUEVA YORK (Reuters) - Las acciones en la bolsa de Nueva York cerraron el lunes en alza luego de que las ganancias de Citigroup y sólidas ventas minoristas le dieran a los inversionistas razones para comprar títulos, pese a un...
  • Citi posts higher income as troubled assets perform better

    (Reuters) - Citigroup Inc posted better-than-expected quarterly income as losses on troubled assets narrowed, but revenue declined in many of its major businesses and operating expenses remained stubbornly high. The biggest boon to Citigroup's first-...
  • Mexico bank regulator, Citigroup report second fraud at Banamex

    MEXICO CITY (Reuters) - Citigroup and Mexico's bank regulator on Monday said they uncovered a second fraud at Citi's local unit Banamex, as part of a wider investigation following the discovery in February of fraudulent loans to oil services company...
  • Ganancia Citigroup sube por menores pérdidas de activos problemáticos

    Por David Henry y Tanya Agrawal (Reuters) - La ganancia neta de Citigroup subió un 4 por ciento debido a menores pérdidas provenientes de sus activos en problemas, que compensaron una caída en los ingresos y utilidades de sus operaciones centrales...
  • Wall St abre al alza tras publicación resultados Citi, datos economía EEUU

    NUEVA YORK (Reuters) - Las acciones estadounidenses subían el lunes en la apertura, tras la liquidación de la sesión del viernes, ya que los resultados trimestrales de Citigroup y fuertes datos del comercio minorista ayudaban al sentimiento de los...
  • Goldman dodges a shareholder battle that dogs rivals

    NEW YORK (Reuters) - When Goldman Sachs Group Inc filed its shareholder proxy earlier this month, it was free of a proposal that has become increasingly popular among corporate governance activists: a demand for more disclosure about lobbying. Goldman'...
  • Citigroup cuts 200 to 300 jobs: WSJ

    (Reuters) - Citigroup Inc has cut 200 to 300 jobs, or about 2 percent of its global markets workforce, the Wall Street Journal reported citing a person familiar with the matter. The bank is tightly managing expenses and "making targeted head count...
  • JPMorgan on profit drop: Be relieved we aren't taking big risks

    (Reuters) - JPMorgan Chase & Co executives had a clear message for shareholders after reporting declining first-quarter earnings: don't worry, be happy that the bank isn't chasing short-term gains by making irrational lending decisions. The first quarter...