Citigroup

 
Investors saddled with reform risk
Investors saddled with reform risk
Global financial reforms are coming thick and fast and South Africa will not be immune — significant changes are being made to regulation,...
More Nigerian lenders expected to tap debt markets
More Nigerian lenders expected to tap debt markets
Citigroup, which helped arrange Eurobonds for Zenith Bank and Diamond Bank, sees more Nigerian lenders tapping debt markets to take advantage of...
Glencore said to seek $15-bn loan to cut interest costs
Glencore said to seek $15-bn loan to cut interest costs
Glencore Xstrata is seeking to cut debt costs by replacing credit lines with a $15-billion (R159.77-billion) loan, according to four people with...
World listing of SA bonds would be a big boost
World listing of SA bonds would be a big boost
South Africa could look forward to greater investment inflows should local government bonds be included in Citigroup's world government bond index....
Judge rejects Citigroup's settlement
Judge rejects Citigroup's settlement
Citigroup faces a day of reckoning in court over its selling of financial instruments in the run-up to the subprime mortgage crisis after a New...
Citigroup posts $1,3bn quarterly profit
Citigroup posts $1,3bn quarterly profit
Citigroup posted a $1,3-billion quarterly profit on Tuesday, as losses on bad loans fell, but the bank missed estimates on its earnings as it...
Abu Dhabi fund seeks $4bn from Citibank
Abu Dhabi fund seeks $4bn from Citibank
United States banking firm Citigroup has said it will vigorously defend itself against a claim filed by Abu Dhabi's sovereign wealth fund seeking...
Citi to pay $20bn in plan to exit bailout
Citi to pay $20bn in plan to exit bailout
Citigroup unveiled plans on Monday to repay $20-billion in government aid and outlined a plan to emerge from a massive bailout, in a fresh sign...
Citigroup, Bank of America surprise with better results
Citigroup, Bank of America surprise with better results
Citigroup and Bank of America, the stricken US banking giants, surprised Wall Street analysts by posting better than expected second-quarter...
Citigroup CEO says bank profitable, shares soar
Citigroup CEO says bank profitable, shares soar
Citigroup was profitable in the first two months of 2009 and is confident about its capital strength, chief executive Vikram Pandit said, easing...
AIG near deal on new terms of US bailout
AIG near deal on new terms of US bailout
American International Group Inc is close to a deal with the US government that would ease the terms of its bailout, provide a further equity...
Citigroup gets new rescue
Citigroup gets new rescue
The US government will boost its equity stake in Citigroup to as much as 36%, bolstering the bank's capital base in the latest emergency effort to...

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