Citigroup News

Patty Limerick, left, listens as Gov. John Hickenlooper speaks about fracking to a crowded room on May 2 on the University of Colorado campus in Boulder.

Bond investors don't perceive the six biggest U.S. banks as "too big to fail," according to a report from one of those lenders, Goldman Sachs Group Inc.

According to Citi, Puerto Rico will be the first to adopt this new technology, positioning Citi as the first local Commercial Card Issuer to deliver a chip card solution into that market.

As part of its ongoing restructuring process, Citigroup was again in the news recently for selling its Consumer Business Operations in Brazil.

Emerging-market stocks rose to the highest level in more than a week before Federal Reserve Chairman Ben S. Bernanke's testimony on the economy.

Pharmaceutical names dominated the S&P 500's leaderboard with Bristol-Myers Squibb Co.

Most Chinese stocks rose before the release of a preliminary manufacturing index tomorrow.

Goldman Sachs Group Inc. ended a seven-year investment in Industrial & Commercial Bank of China Ltd.

While Barack Obama's "favorite banker" continues to receive the royal treatment in Washington, new sleaze allegations threaten to further tarnish the golden boy image of "teflon don" Jamie Dimon, the CEO and Chairman of JPMorgan Chase.

Chad is a member of The Motley Fool Blog Network -- entries represent the personal opinion of the blogger and are not formally edited.

When I look at Citigroup Inc , I can't help but think of something that Peter Lynch said about Fannie Mae years ago.

Former Citigroup CEO Pandit Joins Firm's Bid for a New Bank in India Even as the July 1 deadline to submit applications for setting up new banks in India approaches, the aspirants are solidifying their plans in case they are granted a license by the Reserve Bank of India.

Citigroup will move its traders, many of whom are based in London or New York, on to an internal platform by the end of the month.. Citigroup will move its traders, many of whom are based in London or New York, on to an internal platform by the end of the month.. Citigroup is banning traders in its foreign exchange division from accessing internal ... (more)

Vikram Pandit, who resigned from Citi last October, will also become non-executive chairman of JM Financial's banking arm if it succeeds in getting a banking licence, the company said.

Moore Capital Management and Appaloosa Management are among hedge fund firms that counted Citigroup Inc.

The offering closed at a price to the public of USD 25.00 per class A share, which included approximately 3.2m class A shares sold by the selling shareholders upon the exercise in full of the underwriters' option to purchase additional shares.

Sallie Krawcheck, the former senior executive at Bank of America Corp. and Citigroup Inc., agreed to buy 85 Broads, the global network with 30,000 members that promotes women as business leaders.

Citigroup Inc. can be granted a $1.2 billion claim against Lehman Brothers Holdings Inc.'s defunct brokerage and will pay an affiliate of the Lehman parent $167 million to settle a dispute over amounts owed on foreign-exchange transactions, a judge ruled.

Midway through trading Tuesday, the Dow was up 0.56 percent to 15,175.60, while the NASDAQ rose 0.64 percent to 3,460.81. The S&P was also up, rising 0.82 percent to 1,647.13. Top Headline Stocks continued their rally on Tuesday, with the Dow and S&P 500 hitting new intraday highs as investors expected the upward trend to continue.

U.S. stocks rallied to fresh highs on Tuesday as investors picked up large-cap companies' shares on the expectation that central bank stimulus will help propel the rally further.