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Citigroup Inc


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No plan to split Citigroup, CFO assures investors

Citigroup Inc. Chief Financial Officer Gary Crittenden said yesterday that there are no plans to split the company because of credit-related problems and that its capital levels remain strong.

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Citigroup finance chief: No 'intention to split' company

Citigroup Inc. Chief Financial Officer Gary Crittenden on Wednesday said in the most direct terms yet that management will keep the company whole. "We really don't have any intention to split up the various elements of the banks, and so it's just not an issue that we focused on at all," Crittenden told the $2.1 trillion-asset company's debt holders during a conference call Wednesday....

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Citigroup CFO: Breakup Not in the Cards

NEW YORK (Dow Jones) -- Citigroup Inc. (C) Chief Financial Officer Gary Crittenden on Wednesday said in the most direct terms yet that management will keep the company whole. "We really don't have any intention to split up the various elements of the banks, and so it's just not an issue that we focused on at all," Crittenden told the $2.1 trillion-asset company's debt holders during a...

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2008 Report Develops The 'IT Selling Opportunities Map' For Hardware, Software And IT Services For Citigroup Inc.

Through an in-depth analysis of industry trends and drivers and company level developments and events, we have made the ‘IT Selling Opportunities Map’ for hardware, software and IT services for Citigroup. These maps have been divided into four zones representing Level I, Level II and Level III opportunity areas. Level I opportunity areas have the highest scores and hence, there is a high probability...

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Bank of America, Citigroup Ignite Hope for U.S. Banking Industry

Money Morning submits: By Jennifer Yousfi Bank of America Corp. (BAC) shares soared Monday as it followed Citigroup Inc.’s (C) lead to become the fourth large domestic bank to beat Wall Street’s earnings expectations and provide hope that the battered banking industry might finally be leaving the worst of the subprime mess behind. Complete Story »

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Citigroup ex banking head Klein to leave

NEW YORK (Reuters) - Citigroup Inc said on Monday that Michael Klein, a former head of investment banking, is leaving, in the latest management shakeup under Chief Executive Vikram Pandit.

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Bank of America, Citigroup Spark Glimmer of Hope for Troubled U.S. Banking Industry

By Jennifer Yousfi Managing Editor Bank of America Corp. (BAC) shares soared yesterday (Monday) as it followed Citigroup Inc.’s (C) lead to become the fourth large domestic bank to beat Wall... Money Morning is here to help investors profit handsomely on this seismic shift in the global economy. Money moves markets. But Money Morning lets you move first.

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Citigroup ex banking head Klein to leave

NEW YORK (Reuters) - Citigroup Inc said on Monday that Michael Klein, a former head of investment banking, is leaving, in the latest management shakeup under Chief Executive Vikram Pandit.

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Citigroup vice chairman Michael Klein to leave

NEW YORK (Reuters) - Citigroup Inc said on Monday that Vice Chairman Michael Klein would leave the largest U.S. bank by assets to pursue other opportunities.

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Citigroup ex banking head Klein to leave

NEW YORK (Reuters) - Citigroup Inc said on Monday that Michael Klein, a former head of investment banking, is leaving, in the latest management shakeup under Chief Executive Vikram Pandit.

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Citigroup Unravels as Reed Regrets Universal Model (Update2) - Bloomberg

July 21 (Bloomberg) -- Vikram Pandit walks through the white stone Mexico City headquarters of Grupo Financiero Banamex SA, past Diego Rivera 's 1942 Calla Lily Vendor, and into a steep, narrow auditorium for a town hall meeting with Citigroup Inc ...

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Citigroup vice chairman Michael Klein to leave

NEW YORK (Reuters) - Citigroup Inc said on Monday that Vice Chairman Michael Klein would leave the largest U.S. bank by assets to pursue other opportunities.

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Citigroup vice chairman Michael Klein to leave

NEW YORK (Reuters) - Citigroup Inc said on Monday that Vice Chairman Michael Klein would leave the largest U.S. bank by assets to pursue other opportunities.

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Citigroup $2.5 billion loss soothes investors

NEW YORK (Reuters) - Citigroup Inc posted a smaller-than-expected quarterly loss, despite $11.7 billion of write-downs and credit losses tied to deteriorating capital markets and a slumping economy.

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Citigroup beats Wall Street expectations

Citigroup Inc. posted another loss and laid off more employees in the second quarter as it struggled with surging loan defaults, but the shortfall was smaller than Wall Street anticipated.