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Citigroup moves Cap market chief to…Dubai

Citigroup to move capital markets chief to Dubai Bloomberg Published: May 15, 2008, 10:07 Dubai: Citigroup Inc. is expanding its debt markets business in Dubai by transferring its co-head of Europe, Middle East and African capital markets from London. Atiq Rehman, appointed co-head of the EMEA capital markets business on May 12, said he plans to move “by the [...]

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Citigroup to move capital markets chief to Dubai

Citigroup Inc. is expanding its debt markets business in Dubai by transferring its co-head of Europe, Middle East and African capital markets from London. Original post Click Here

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Trial begins in Parmalat case vs Citigroup

HACKENSACK, New Jersey (Reuters) - Citigroup Inc is responsible for helping spur the meltdown of Parmalat SpA because the bank ignored red flags at the company in a quest for high financial advisory fees and big bonuses for its bankers, a lawyer for the revamped Italian food company told jurors at the opening of a U.S. civil trial on Thursday.

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Trial set to start in Parmalat case vs Citigroup

NEW YORK (Reuters) - More than four years after the meltdown of Italy's Parmalat SpA, the food company is set to begin presenting its case to a U.S. jury on Thursday accusing Citigroup Inc of playing a key role in its collapse.

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Trial set to start in Parmalat case vs Citigroup

NEW YORK (Reuters) - More than four years after the meltdown of Italy's Parmalat SpA, the food company is set to begin presenting its case to a U.S. jury on Thursday accusing Citigroup Inc of playing a key role in its collapse.

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Citigroup to shed nearly $500B in assets

Citigroup Inc.'s new chief executive, Vikram Pandit, plans to stick with a global banking model after months of intense review but only after shrinking the company by about one-fifth first.

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Citigroup to shed nearly $500B in assets

Citigroup Inc. said Friday it aims to shed about $500 billion in assets and grow revenue by 9 percent over the next few years, as it tries to rebound from massive losses tied to deterioration in the mortgage and credit markets.The plans are the most concrete yet by Vikram Pandit, nearing his five-month anniversary as the bank's CEO, to prove himself a capable turnaround specialist at...

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Citigroup eyes selling Japan consumer unit: paper

TOKYO (Reuters) - Citigroup Inc is considering selling its Japanese consumer finance company CFJ KK or cutting the unit's business significantly as part of its plans to shed assets, Japanese daily Nikkei reported on Sunday.

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Citigroup eyes selling Japan consumer unit: paper (Reuters)

Reuters - Citigroup Inc is considering selling its Japanese consumer finance company CFJ KK or cutting the unit's business significantly as part of its plans to shed assets, Japanese daily Nikkei reported on Sunday.

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Citigroup eyes selling Japan consumer unit: paper (Reuters)

Reuters - Citigroup Inc is considering selling its Japanese consumer finance company CFJ KK or cutting the unit's business significantly as part of its plans to shed assets, Japanese daily Nikkei reported on Sunday.

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Pandit's game plan calls for a shrinking Citigroup

Citigroup Inc.'s new chief executive officer, Vikram Pandit, plans to stick with a global banking model after months of intense review - but only after shrinking the company by about one-fifth first.

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Citigroup to shed US$500b in assets

Citigroup Inc said Friday it aims to shed about US$500 billion in assets and grow revenue by nine per cent over the next few years, as it tries to rebound from massive losses tied to deterioration in the mortgage and credit markets.

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Citigroup eyes selling Japan consumer unit: paper (Reuters)

Reuters - Citigroup Inc is considering selling its Japanese consumer finance company CFJ KK or cutting the unit's business significantly as part of its plans to shed assets, Japanese daily Nikkei reported on Sunday.

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Citigroup eyes selling Japan consumer unit: paper

TOKYO (Reuters) - Citigroup Inc is considering selling its Japanese consumer finance company CFJ KK or cutting the unit's business significantly as part of its plans to shed assets, Japanese daily Nikkei reported on Sunday.

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Citigroup to shed nearly $500B in assets (AP)

AP - Citigroup Inc.’s new chief executive, Vikram Pandit, plans to stick with a global banking model after months of intense review — but only after shrinking the company by about one-fifth first.