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April 15, 2007
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Citigroup completes 20% Akbank stake acquisition
Wed, 10 Jan 2007 17:21:00 GMT | banking-business-review.com
Citigroup has confirmed the finalization of its acquisition of a 20% stake in Akbank, a Turkish private bank, for a purchase price of approximately $3.1 billion.
[$$] Barclays poaches Citigroup executives (at FT.com)
Wed, 24 Jan 2007 22:15:55 GMT | Yahoo! Finance
Frits Seegers, the new chief executive of global retail and commercial banking at Barclays , has poached his former deputy from Citigroup as part of a broader hiring spree that has unsettled executives at the US bank.
[$$] Citigroup CFO hunt raises succession fears (at FT.com)
Wed, 24 Jan 2007 22:10:22 GMT | Yahoo! Finance
Chuck Prince has ordered the search for Citigroup 's new chief financial officer to focus on candidates who could succeed him as chief executive of the world's biggest financial services company.
Thu, 25 Jan 2007 14:33:00 GMT | Yahoo! Finance
DAVOS----Citigroup Corporate and Investment Banking and the UN World Food Programme today announced the launch of the WFP Emergency Network, a ground-breaking partnership between the private sector and WFP, the world's largest humanitarian organization and the UN's logistics coordinator in times of disaster as well as its lead agency in the fight against hunger.
Anchor?s Ties to Citigroup Attract Scrutiny
Thu, 25 Jan 2007 23:24:40 EDT | New York Times
A recent conflict with Citigroup has raised questions about the judgment of Maria Bartiromo, the popular CNBC anchor, in getting too close to the people she covers.
Citigroup strategist recommends banks, luxury stocks in '07 (at CNNMoney.com)
Fri, 26 Jan 2007 13:39:00 GMT | Yahoo! Finance
Citigroup global equity strategist Ajay Kapur cites 'good valuations,' expects equity markets in U.S., Japan and Europe to grow 10 to 15%.
Citigroup aims to cut over $1 bln in costs -report (Reuters)
Fri, 26 Jan 2007 22:08:23 GMT | Yahoo! Finance
Citigroup Inc. , the largest U.S. bank, plans to cut more than $1 billion of costs this year to help boost profits, Bloomberg News said on Friday, citing a person with direct knowledge of the matter.
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