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April 15, 2007
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Citigroup chief: 'Worst of crunch is over'
Wed, 23 Apr 08 10:08:43 GMT | londonstockexchange
The head of Citigroup has claimed that the worst effects of the credit crunch have already passed.
Global woes hit Citigroup, Merrill Indian arm ratings
Wed, 23 Apr 2008 21:50:39 GMT | Business Standard
The global financial turmoil has affected long-term credit ratings of two of Merrill Lynch's Indian arms as also four Indian companies with the Citigroup as a shareholder.??
Ahead of the Bell: Analyst keeps 'Sell' rating on Citigroup (AP)
Thu, 8 May 2008 11:52:49 Etc/GMT | Yahoo! Finance
Citigroup Inc.'s new management will face challenges as it navigates out of the credit crisis, an analyst said Thursday while encouraging investors to sell shares ahead of a company conference.
Citigroup, AIG Dampen Wall Street's Optimism
Fri, 09 May 2008 16:02:00 -0400 | NPR News Headlines
Investors have been growing cautiously optimistic in recent days that the worst of the credit crisis is over. But now, there's fresh evidence that there's still trouble looming. The insurance giant AIG announced a huge loss related to bad mortgage debt, and Citigroup, the nation's largest bank, is going to sell off some $400 billion in assets as it seeks to become more efficient.
Citigroup unveils $500 billion in asset sales
Fri, 9 May 2008 19:26:09 GMT | MSNBC.com: U.S. Business
The three-year game plan revealed Friday, Citigroup plans to get rid of more businesses, mortgages, real-estate operations and jobs.
Citigroup shutting 32 Japanese offices (AP)
Fri, 6 Jun 2008 13:46:16 Etc/GMT | Yahoo! Finance
Citigroup Inc. said Friday it is closing 32 offices and 540 ATMs in Japan as part of its restructuring plans for its Japanese consumer finance division, CFJ K.K.
Citigroup to cut thousands of jobs
Mon, 23 Jun 2008 13:31:48 GMT | MSNBC.com: U.S. Business
Citigroup Inc. is about half-way through cutting 10 percent of the 65,000 employees in its investment banking unit, a person familiar with the job cuts said Monday.
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