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April 15, 2007
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Citigroup, UBS Warn of Loan Losses (AP)
Mon, 1 Oct 2007 19:56:02 GMT | Yahoo! Finance
Citigroup Inc. and UBS AG warned they suffered significant loan-related losses in the third quarter, becoming the latest and biggest banks to reveal huge ill effects from the spike in mortgage defaults and freeze-up in the credit markets.
Pressure mounts on Citigroup's Prince (at FT.com)
Mon, 1 Oct 2007 21:05:17 GMT | Yahoo! Finance
Chuck Prince, chief executive of Citigroup , faced fresh calls for his removal on Monday after the bank revealed it suffered $6bn of writedowns and losses in the third quarter after turmoil in the credit markets.
Citigroup, UBS Warn of Loan Losses (AP)
Mon, 1 Oct 2007 20:51:13 GMT | Yahoo! Finance
Citigroup Inc. and UBS AG warned they suffered significant loan-related losses in the third quarter, becoming the latest and biggest banks to reveal huge ill effects from the spike in mortgage defaults and freeze-up in the credit markets.
Pressure mounts on Citigroup's Prince (at FT.com)
Mon, 1 Oct 2007 22:50:20 GMT | Yahoo! Finance
Chuck Prince, chief executive of Citigroup , faced fresh calls for his removal on Monday after the bank revealed it suffered $6bn of writedowns and losses in the third quarter after turmoil in the credit markets.
Mon, 1 Oct 2007 21:20:21 GMT | Yahoo! Finance
Can Chuck Prince survive this one? The Citigroup chief executive has been under pressure for several quarters on a number of fronts: the share price, expense control and a general sense that the company was simply too unwieldy to be managed effectively.
David Weidner's Writing on the Wall: Citigroup and the Mets strike out again (at MarketWatch)
Tue, 2 Oct 2007 04:01:00 GMT | Yahoo! Finance
Banking's Citigroup Inc. like baseball's Mets had such a good thing going it seemed like it would take an unreal effort to blow it.
Citigroup says to make Nikko wholly owned unit (Reuters)
Tue, 2 Oct 2007 09:53:14 GMT | Yahoo! Finance
Citigroup Inc said it would acquire all the shares it does not already own in Japanese brokerage Nikko Cordial Corp through a share swap.
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