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citigroup [5] |||: Reuters - Some executives within Citigroup are pushing for the U.S. banking

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World Business Briefing | Asia: Japan: Holder Rejects Higher Nikko Bid

Thu, 22 Mar 2007 22:22:20 EDT | New York Times

Harris Associates rejected Citigroup?s $13.4 billion bid for Nikko Cordial, the Japanese brokerage firm, saying the price was still too low. Harris, which is Nikko?s largest shareholder, with a stake of about 7.5 percent, has no plan ?at this stage? to accept Citigroup?s bid of 1,700 yen ($14.47) a share, David G. Herro, Harris?s chief investment officer, said. Citigroup raised its offer to 1,700 yen a share from 1,350 after Harris and other funds opposed the bid.


Citigroup looking into a bid for ABN AMRO: paper

| Findory News

Yahoo News: Reuters - 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 sets up global operation in London

| Findory News

Financial Times: Citigroup is setting up a global commercial banking operation in London that will push into medium-sized corporate lending in the UK and Germany.


Ahead of the Bell: Citigroup, ABN Amro (AP)

Fri, 23 Mar 2007 11:45:10 GMT | Yahoo! Finance

Citigroup Inc., the New York investment bank that has made foreign expansion a centerpiece of its strategy, is mulling a bid for Dutch bank ABN Amro Holding NV, the Wall Street Journal reported Friday.


RBS hires Citigroup exec as head of US

| Findory News

Financial Times: Royal Bank of Scotland has hired a Citigroup executive to head its operations in the US as the banking group continues to expand in North America.


Citigroup may cut up to 15,000 jobs: report

| Findory News

Marketwatch: SAN FRANCISCO -- Citigroup Inc. executives are putting the finishing touches on a restructuring plan that is likely to involve around 15,000 job cuts from the global banking company's 327,000 employees and a charge against earnings of more than $1 billion, according to a media report Monday.


Citigroup may cut 15,000 jobs: paper (Reuters)

Mon, 26 Mar 2007 12:14:15 GMT | Yahoo! Finance

Citigroup Inc. , the largest U.S. bank, may cut 15,000 jobs and take a charge of more than $1 billion to revitalize itself and boost a lagging share price, the Wall Street Journal said on Monday.


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