Citigroup News

A former manager of a Citigroup Inc hedge fund has filed a complaint with a British tribunal accusing the bank of causing his fund's demise, the Wall Street Journal reported on Saturday, citing people familiar ...

Wall Street traded mixed Tuesday after another dive in oil prices blunted the impact of discouraging quarterly results from Wachovia Corp.

NEW YORK : With many U.S. banks still reporting massive writedowns and even quarterly losses from bad mortgage investments, it certainly seems like an odd time for financial stocks to rally.

A New Jersey state judge on Friday rejected Citigroup Inc's bid to dismiss Parmalat SpA's $2.2 billion lawsuit over the bank's alleged role in the Italian food company's 2003 collapse.

CAUTIOUS OPTIMISM: Citigroup forecast that government spending to fund public infrastructure would boost domestic demand to compensate for the export slowdown By Crystal Hsu STAFF REPORTER Tuesday, Jul 22, ...

Citigroup Inc. of New York has brushed aside calls for the breakup of the bank, claiming that it has enough liquidity to avoid such a fate.

Citigroup Inc. announced another quarterly loss after at least $7 billion of write-downs. The second-quarter net loss amounts to $2.5 billion compared with earnings of $6.23 billion last year.

German business confidence fell the most since the Sept. 11 terrorist attacks in 2001, signaling growth is faltering in Europe's biggest economy.

Brazilian stock gained, led by raw material producers, as commodity prices rose and Citigroup Inc.

Citigroup Inc. Chief Financial Officer Gary Crittenden said earnings will probably be strong enough to absorb any losses created when new accounting rules force it to move off-balance-sheet securities onto its ...

Chief Financial Officer Gary Crittenden on Wednesday said in the most direct terms yet that management will keep the company whole.

Asian stocks rose by more than 3 percent on Monday, the most in four months, helped by results from Citigroup that reassured about the financial sector's stability, though the U.S. dollar slid ahead of more ...

Michael Klein, chairman of Citigroup's Institutional Clients Group and head of the private equity and global financial entrepreneurs divisions, is leaving the bank after 23 years, according to an internal memo ...

The five largest quarterly losses for U.S. retail banks, who suffered the losses, how big they were and when they occurred, according to Standard & Poor's Compustat: - Citigroup Inc., $9.83 billion, $1.99 per ...

Today's share market bounce could prove to be short-lived, with the negatives still outweighing the positives as to the market's fundamentals.

Wall Street traded mixed Tuesday after discouraging quarterly results from Wachovia Corp.

Asian stock markets rose Monday as sentiment improved thanks to lower crude oil prices and stronger-than-expected earnings from U.S. banks.

A large U.S. union has urged Citigroup Inc to break itself up, saying the bank had become "too big and unwieldy to properly oversee." American Federation of State, County and Municipal Employees President ...

The dollar fell slightly against major currencies on Monday as rising oil prices overshadowed better-than-expected results from a major bank.

Investors worldwide are betting more than $1 trillion on a collapse in stock prices.