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April 15, 2007
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Goldman raises Citigroup debt to outperform (Reuters)
Fri, 14 Dec 2007 19:12:16 Etc/GMT | Yahoo! Finance
Goldman Sachs raised Citigroup Inc debt to "outperform" from "in-line" on Friday, a day after the company said it plans to rescue $49 billion of structured investment vehicles.
Fri, 14 Dec 2007 19:30:24 Etc/GMT | Yahoo! Finance
This is the second time unwanted assets have suddenly appeared on the Citigroup balance sheet. The bank's knack for landing in the blackest spots of the market is starting to look hard to match.
Citigroup Puts SIVs on Balance Sheet (AP)
Sat, 15 Dec 2007 08:18:33 Etc/GMT | Yahoo! Finance
It's been a big week for Citigroup: the bank named a new CEO and then, in an about-face, took control of the seven troubled funds it previously managed at arm's length.
Nikko Approves Citigroup Stock Swap (AP)
Wed, 19 Dec 2007 12:20:52 Etc/GMT | Yahoo! Finance
Nikko Cordial shareholders on Wednesday approved a Citigroup proposal to make Nikko a wholly owned unit via a stock swap.
Nikko Approves Citigroup Stock Swap (AP)
Wed, 19 Dec 2007 21:33:32 Etc/GMT | Yahoo! Finance
Nikko Cordial shareholders on Wednesday approved a Citigroup proposal to make Nikko a wholly owned unit via a stock swap.
Citigroup may cut dividend by 40%: Goldman
Thu, 27 Dec 2007 21:54:33 GMT | Business Standard
Citigroup Inc, the biggest US bank, may have to cut its dividend by 40 per cent to preserve capital after writing down more fixed-income securities in the fourth quarter, according to Goldman Sachs
Citigroup, other banks mulling selling units
Fri, 28 Dec 2007 13:01:07 GMT | MSNBC.com: U.S. Business
U.S. and European banks including Citigroup Inc and HSBC Holdings PLC are mulling sales of parts of their businesses from branches to entire units in a nod to crunch times ahead.
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