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- Citigroup's pandit Gets Ready For His Close-up
- By Jonathan Stempel NEW YORK (Reuters UK) - Vikram Pandit's first five months as Citigroup (C) chief executive have been no honeymoon. Since taking over in December from Charles Prince, who quit under pressure, Pandit has presided over nearly $15 billion (7.6 billion pounds) of reported...
- News items 2008-05-06
Additional Resources
- Citigroup Officials Look to HP For Advice: Report
- NEW YORK (Reuters) - Citigroup Inc (C) is seeking advice from Hewlett-Packard (HPQ) on how the ailing bank can improve its fortunes, drawing on the IT firm's encounter with similar trouble in the past, the Financial Times reported on Tuesday. Citigroup's top officials...
- News items 2008-04-22
- Citigroup Officials May Look to HP For Advice
- NEW YORK (Reuters UK) - Citigroup Inc (C) is seeking advice from Hewlett-Packard (HPQ) on how the ailing bank can improve its fortunes, drawing on the IT firm's encounter with similar trouble in the past, the Financial Times reported on Tuesday. Citigroup's top officials have been...
- News items 2008-04-22
- Citigroup Aims to Shed $400 Billion of Assets
- By Jonathan Stempel and Dan Wilchins NEW YORK (Reuters) - Citigroup Inc said on Friday it plans to shed $400 billion of assets within three years and boost revenue by up to 10 percent annually, in a bid to restore profitability after huge...
- News items 2008-05-09
- Citigroup Aims to Shed $400 Billion of Assets
- By Jonathan Stempel and Dan Wilchins NEW YORK (Reuters UK) - Citigroup Inc said on Friday it plans to shed $400 billion (205 billion pounds) of assets within three years and boost revenue by up to 10 percent annually, in a bid to restore profitability after...
- News items 2008-05-09
- The Critical First Days of Citigroup's New CEO
- You don't get a second chance to make a first impression, the wise old saying goes. That's why the first days of new Citigroup CEO Vikram Pandit are so crucial to both his success and the company's future. Read Michael Watkins and Dan Ciampa's advice to the...
- Blog posts 2008-01-02
- Citigroup to Cut 9,000 Jobs After Posting Loss
- By Jonathan Stempel and Dan Wilchins NEW YORK (Reuters) - Citigroup Inc (C) posted its second straight quarterly loss on Friday, hurt by more than $16 billion of write-downs and costs related to credit losses, and said it will cut another 9,000 jobs....
- News items 2008-04-18
- Citigroup to Cut 9,000 Jobs After Posting Loss
- By Jonathan Stempel and Dan Wilchins NEW YORK (Reuters UK) - Citigroup Inc (C) posted a $5.11 billion (2.6 billion pound) quarterly loss on Friday and said it will cut another 9,000 jobs after suffering billions of dollars of write-downs tied to mortgages, other debt and...
- News items 2008-04-18
- Citigroup Keeps Reshuffling Executive Ranks
- Citigroup is hiring rising star Terri Dial to head its consumer business. Dial is leaving a similar post she held at Lloyd's TSB, the U.K. checking-account provider, where she was credited with improving its retail bank operations. Citigroup is hungry for new managers who can shake things...
- Blog posts 2008-03-31
- Citigroup Keeps Reshuffling Executive Ranks
- Citigroup is hiring rising star Terri Dial to head its consumer business. Dial is leaving a similar post she held at Lloyd's TSB, the U.K. checking-account provider, where she was credited with improving its retail bank operations. Citigroup is hungry for new managers who can shake things...
- Blog posts 2008-03-31
- Citigroup Reports Loss, Job Cuts
- Citigroup's 9,000 job cuts and $US14 billion ($A14.95 billion) in write-downs suggest that even if the worst of the credit market volatility is over, the industry is now in a conservative, cost-cutting mode.With banks expecting more loans to go sour, people can expect tight lending standards for many months...
- News items 2008-04-21
- Why Indian CEOs Are in Great Demand
- News that Vikram Pandit will be the new chief executive officer of Citigroup, joining other Indians such as Pepsi's Indra Nooyi at the top of major U.S. corporations, comes at the same time that we learn that Tata Motors may buy Jaguar from Ford Motor. The Indians...
- Blog posts 2007-12-17
- BNET Daily Dispatch: Wal-Mart, McDonald's, Dow Chemical, and Citigroup
- Wal-Mart is considering spinning off its Sam's Club operations in an attempt to boost its lagging share price. Wal-Mart said it was part of several options that the mega-retailer outlined in its secret plan dubbed "Project Red" that aims to rejuvenate the company. Wal-Mart also said that it sued its...
- Blog posts 2007-04-09
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