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U.S. Bank Earnings Fraught With Pain, Uncertainty
By Jonathan Stempel NEW YORK (Reuters) - U.S. banks will unleash a tide of poor quarterly results over the next two weeks, yet investors may choose to focus instead on when a recovery might be at hand and how much more capital raising...
Tags: Financial services, Investment, Financial accounting, bank, Bank of America Corp., J.P. Morgan Chase & Co., mortgage, Citigroup Inc., investor, stock, analyst, S&P 500, investment banking, New York, environment, subprime mortgage, stock market, bond, Thomson Reuters Corp.
News items 2008-07-10

Additional Resources

BEST OF THE REST
Comedy: Nina Conti (SOHO THEATRE, LONDON) In her winning show, the stand-up and ventriloquist is given a hard time by her puppet, the very cheeky Monkey. (020-7478 0100) to Sat Pop: Interpol (APOLLO, MANCHESTER) ...
Articles 2008-07-08
BEST OF THE REST
Talks: Alex Cox (Foyles, London) The film directortalks about X Films: the True Confessions of a Radical Film-Maker. (08704 202 777) tonight World: Pandit Debashish Bhattacharya (National Centre for Early Music, York) ...
Articles 2008-07-01
Five best gigs
Tibetan Monks from the Tashi Lhunpo Monastery Wed The monks have been in the UK for a while now, and for their residency at the Sage they'll create a beautiful sand mandala on the concourse. The programme of dances, processions and prayers are given solid introductions, but...
Articles 2008-06-28
For Executives on the Go, Emptoris Offers Supply and Contract Management Insights in New Podcast Series
Emptoris , a leading provider ofenterprise supply and contract management software, today launched the Emptoris PodcastNetwork, a series of recorded conversations with experts from a range ofdisciplines designed to help busy executives get quick insights intostrategic procurement and contracting issues. The first seven podcasts inthe...
Articles 2008-06-23
Citigroup to close Old Lane hedge fund
Citigroup is to shut down Old Lane, the hedge fund set up by the group's recently appointed chief executive, Vikram Pandit, less than a year after buying it for $800m (411m). The Wall Street giant, one of the banks worst hit by the credit crunch, yesterday announced...
Articles 2008-06-13
Leading AIM group hit as Pandit fund pulls out of talks
Small Talk The tremors from the credit crunch continue to hit companies listed on the Alternative Investment Market. The latest group to feel the after-shocks is a company that was fted last year as the top international group on AIM. Leadcom Integrated Solutions suffered last week as...
Articles 2008-06-02
Citigroup to shed nearly $500B in assets
NEW YORK -- 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. The three-year game plan, revealed Friday, includes getting rid of more businesses, mortgages,...
Articles 2008-05-12
Pandit rejects calls to break up Citigroup
Vikram Pandit, the chief executive of Citigroup, has launched a robust defence of the banking and investment conglomerate, saying it was well placed to become as major a force in developing markets as it is in the US. Revealing the progress of his review of the company,...
Articles 2008-05-10
Honeymoon period runs out for Citigroup's new chief executive Pandit
Evelyn Y Davis, the bullying, screeching scourge of annual shareholders' meetings in the US, was in particularly feisty form at the Citigroup gathering in New York last month. Unlike at most of the meetings she haunts, the septuagenarian shareholder activist was not alone in hectoring Citigroup's chief...
Articles 2008-05-09
"Spend Analysis: The Window Into Strategic Sourcing" Released at Institute for Supply Management (ISM) Annual Conference
At the annual Institutefor Supply Management ISM conference in St. Louis, J Ross Publishing andEmptoris, a leading provider of supply and contract management software,helped launch the new book, "Spend Analysis: The Window Into StrategicSourcing," by Kirit Pandit and Dr. Haralambos Marmanis. "The vast majority of Fortune 1000 companies, and their...
Articles 2008-05-05
Spend analysis; the window into strategic sourcing
Spend analysis; the window into strategic sourcing. Pandit, Kirit and H. Marmanis. J. Ross Publishing 2008 249 pages $64.95 Hardcover HD39 Strategic supply management is proving to be a significant element of corporate performance...
Articles 2008-05-01
'It's a relief to be out of stressful British education'
DIARY OF A PRIMARY SCHOOL MUM School's finally out. Off on holiday tomorrow. "Mummy," asks Oliver, "what's the name of the hotel we're staying at?" "Le Mas Pandit," I reply. "What does that mean?" It should be a homework free fortnight, but dust is brushed off the...
Articles 2008-04-24
Citigroup chiefs booed by irate investors
The chairman and chief executive of Citigroup were heckled and booed at the financial giant's annual shareholder meeting yesterday. The rest of the board was assailed for pocketing giant pay packages while the company lost billions of dollars on sub-prime mortgages. Vikram Pandit, who was installed as...
Articles 2008-04-23
BusinessWeek's April 28, 2008 Issue: The Most Innovative Companies
A preview of the issue on newsstands April 18th NEW YORK, April 18 /PRNewswire/ -- THIS WEEK: * Cover Story: The 25 Most Innovative Companies * Where Pandit is Taking Citi * How New Global Banking Rules Could Deepen the U.S. Crisis...
Articles 2008-04-18
Citigroup posts 5.1 bln dlr loss, to cut 9,000 jobs
NEW YORK AFP — US banking giant Citigroup reported Friday a 5.1 billion dollars net loss during the first quarter and said it would cut an additional 9,000 jobs as it struggles with bad bets on subprime mortgages. It was the second consecutive quarterly loss for the banking...
Articles 2008-04-18
The Voice Peering Forum Summer 2008 Announcement
NEW YORK, April 15 /PRNewswire/ -- Stealth Communications, owner and operator of the Voice Peering Fabric VPF, is pleased to formally announce the Voice Peering Forum Summer 2008. The Forum will be held on June 23-24 2008 at Hotel Nikko San Francisco. The Voice Peering Forum, a...
Articles 2008-04-15
Citi Names Teresa Dial as CEO of Consumer Banking, North America
Wireless News04-03-2008Citi Names Teresa Dial as CEO of Consumer Banking, North AmericaWIRELESS NEWS-April 3, 2008-Citi Names Teresa Dial as CEO of Consumer Banking, North America C2008 10Meters - http:// www.10meters.com Citi announced that Teresa A. Terri Dial has been appointed Chief Executive Officer of Citi Consumer Banking in North...
Articles 2008-04-03
Citi Announces Exec, Org Changes
Wireless News04-03-2008Citi Announces Exec, Org ChangesWIRELESS NEWS-April 3, 2008-Citi Announces Exec, Org Changes C2008 10Meters - http://www.10meters.com Vikram Pandit, Citi s Chief Executive Officer, announced a comprehensive reorganization of Citi s structure to achieve greater client focus and connectivity, global product excellence, and clear accountability. The new organizational structure...
Articles 2008-04-03
five-year results of the Birmingham Hip Resurfacing arthroplasty: AN INDEPENDENT SERIES, The
Few independent studies have reported the outcome of resurfacing arthroplasty of the hip. The aim of this study was to report the five-year clinical outcome and seven-year survival of an independent series. A total of 610 Birmingham Hip Resurfacing arthroplasties were performed in 532 patients with a mean age...
Articles 2008-04-01
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