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citigroup [64] ||| firm Goldman Sachs Group, Inc. downgrades the investment rating of Citigroup, t

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Investors Urged to Sell Citigroup Shares

Tue, 20 Nov 2007 06:00:00 EST | NPR News Headlines

Investment firm Goldman Sachs Group, Inc. downgrades the investment rating of Citigroup, the biggest U.S. bank. Goldman Sachs initiated the downgrade based on its estimate that Citigroup would have to write down $15 billion over the next two quarters due to its exposure to risky debt.


Investors Urged to Sell Citigroup Shares

Tue, 20 Nov 2007 06:00:00 EST | NPR News Headlines

Investment firm Goldman Sachs Group, Inc. downgrades the investment rating of Citigroup, the biggest U.S. bank. Goldman Sachs initiated the downgrade based on its estimate that Citigroup would have to write down $15 billion over the next two quarters due to its exposure to risky debt.


Citigroup, Saxo to Launch FX Platform (AP)

Tue, 20 Nov 2007 15:41:53 Etc/GMT | Yahoo! Finance

Citigroup Inc. said Tuesday it plans to launch a joint foreign exchange trading platform with Saxo Bank, a Denmark-based online bank.


Citigroup launches new round of cost cuts (at FT.com)

Mon, 26 Nov 2007 17:40:22 Etc/GMT | Yahoo! Finance

Citigroup , beset by losses from the credit market's meltdown, has launched its second round of cost cuts this year, a process certain to wring more jobs from the US bank.


Citigroup considering job cuts

Mon, 26 Nov 2007 04:07 GMT | CayCompass.com

NEW YORK (AP) - Citigroup Inc., bracing for big credit-related losses in the fourth quarter, is looking to lower costs - which could mean another round of job cuts at the nation's largest bank.


Citigroup shares below $30 (Reuters)

Mon, 26 Nov 2007 22:54:43 Etc/GMT | Yahoo! Finance

Citigroup Inc shares fell below $30 for the first time in more than five years on Monday, amid mounting concern about mortgage losses and possible further job cuts at the largest U.S. bank by assets.


Citigroup Sells Abu Dhabi Fund $7.5 Billion Stake

Tue, 27 Nov 2007 07:12:05 GMT | New York Times

The investment underscores Citigroup?s precarious capital position, and also highlights the growing petrodollar wealth of Mideast countries.


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