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citigroup [77] |||. NICE BANK: Citigroup Inc. lost nearly $10 billion during the fourth quarter, s

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Citigroup clears the decks (FT.com)

Tue, 15 Jan 2008 22:50:11 Etc/GMT | Yahoo! Finance

Citigroup is still deep in the woods. That is saying something given yesterday's painful clean-up operation. Getting investors to swallow a capital raising - and its potential dilutive impact - in the interests of future growth is one thing.


Summary Box: Citigroup's Woes (AP)

Tue, 15 Jan 2008 22:16:21 Etc/GMT | Yahoo! Finance

NO MORE MR. NICE BANK: Citigroup Inc. lost nearly $10 billion during the fourth quarter, so it started cutting thousands of jobs again and lowered its dividend payout to shareholders.


Citigroup Seeks Big Investors to Balance Debt

Tue, 15 Jan 2008 17:24:00 EST | NPR News Headlines

Reeling from losses from mortgage-backed securities, financial giant Citigroup says it has attracted $12.5 billion from big investors, including the Government of Singapore Investment Corporation.


Citigroup Loss Raises Anxiety Over Economy

Wed, 16 Jan 2008 03:19:20 GMT | New York Times

Reporting a staggering fourth-quarter loss of $9.83 billion, Citigroup also issued a sobering forecast that the housing market and economy have not yet bottomed out.


Loan defaults hit Citigroup in India too

Thu, 17 Jan 2008 21:40:28 GMT | Business Standard

Citigroup, apart from grappling with the write-offs and losses in its consumer banking business in the US, will also have to get its act right in other markets as well, particularly, India and Mexico


Citigroup to Proceed With Nikko Takeover (AP)

Fri, 18 Jan 2008 13:49:50 Etc/GMT | Yahoo! Finance

Citigroup Inc. will proceed with its plan to absorb Nikko Cordial Corp., Japan's third-largest brokerage, in a share swap, both companies said Friday.


Burned but Bullish at Citigroup

Sat, 19 Jan 2008 20:06:16 GMT | New York Times

Despite, the market?s recent plunges, Tobias Levkovich, the chief United States equity strategist at Citigroup, remains optimistic for gains in 2008.


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