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citigroup [61] ||| Prince III, who resigned under pressure last week as chairman and chief executi

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Citigroup strong despite ratings downgrades: CEO (Reuters)

Sun, 11 Nov 2007 00:40:50 Etc/GMT | Yahoo! Finance

A downgrade of Citigroup Inc's nearly pristine credit ratings will not impede its "thriving" business, new acting Chief Executive Win Bischoff wrote in an internal memo to employees sent on Saturday.


For Ousted Citigroup Chief, a Bonus of $12.5 Million

Mon, 12 Nov 2007 04:59:03 GMT | New York Times

Charles O. Prince III, who resigned under pressure last week as chairman and chief executive of Citigroup, can expect at least a $12.5 million cash bonus this year.


Citigroup combines equity and debt markets activities (Reuters)

Tue, 13 Nov 2007 15:05:48 Etc/GMT | Yahoo! Finance

Citigroup Inc , the largest U.S. bank, on Tuesday reorganized its investment banking unit, combining equity and debt underwriting and sales, and replacing its credit market chiefs as losses mount.


Citigroup combines equity and debt markets activities

| Findory News

Reuters: NEW YORK - Citigroup Inc , the largest U.S. bank, on Tuesday reorganized its investment banking unit, combining equity and debt underwriting and sales, and replacing its credit market chiefs as losses mount.


Pandit Makes His Mark on Citi

| Findory News

Portfolio.com: A week after the departure of its chief excutive, Citigroup is reorganizing its investment banking unit, combining equity and debt capital markets activities. Citigroup, the product of a series of mergers, has been known for its inefficiencies and for its bankers at times working seemingly at ...


Citigroup in capital markets revamp (at FT.com)

Wed, 14 Nov 2007 01:40:21 Etc/GMT | Yahoo! Finance

Citigroup on Tuesday unveiled a further shake-up of its capital markets operation following last week's admission that it faces up to $11bn of further writedowns on its exposure to subprime mortgage securities.


Citi and Nikko alter stock swap contract (Reuters)

Wed, 14 Nov 2007 09:44:26 Etc/GMT | Yahoo! Finance

Citigroup Inc and Japanese brokerage Nikko Cordial said on Wednesday they have altered clauses in a stock-swap deal to make Nikko a wholly-owned unit in the wake of a recent slide in Citigroup's share price.


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