Citi plans 4,500 layoffs bi2280950 Citigroup lay off roughly 4,500 employees over the next few months, CEO Vikram Pandit said Tuesday, as Wall continues to bleed jobs amid tough economic times. Speaking at the Goldman Sachs Financial Services Conference New York on Tuesday afternoon, Pandit said the cuts would come over the next few quarters. Citi book a charge of approximately $400 million the fourth ..

Citi discussing plan to shuffle Asian managers: WSJ bi2280950 (Reuters) - Citigroup Inc discussing a plan to shuffle Asian managers to reassure Japanese regulators as they prepare to sanction the bank for alleged lapses disclosure related to the sale of financial products, the Wall Journal reported, citing people familiar the situation. Peter Eliot, Citigroup's country officer and head of institutional client group Thailand, ..

Rakoff Rejection of Citi / SEC Settlement Pierces Wall Street's Alice-in-Wond bi2280950 It's not every day that a federal judge issues a landmark decision, particularly one that could help investors wanting to sue giant financial institutions. But that's what happened Monday, when U.S. District Judge Jed Rakoff rejected a proposed $285 million settlement between and the Securities and Exchange Commission that would have allowed Citi to put ..

Ahead of the Bell: Citi downgrades Guess bi2280950 A Citi analyst on Friday cut rating for Guess Inc. to "Neutral" from "Buy," citing soft sales the U.S. and Europe

Rakoff to SEC: Citi Settlement Not Transparent bi2280950 In rejecting Citigroup's $285 million settlement the Securities and Exchange Commission, federal Judge Jed S. Rakoff said he couldn't tell the deal fair..

SEC-Citi settlement rejection: Will make a difference? bi2280950 Is a financial giant being called to account or Judge Jed Rakoff simply putting foot down amid public disillusionment the financial system?..

Citi on beleaguered RIM: ?It?s worse than you think? bi2280950 RIMM going to miss Christmas and more, say Citigroup analysts..

Citi, Deutsche Bank paying $165.5M accord bi2280950 Citigroup Inc. and Deutsche Bank are agreeing to pay a total of $165.5 million to settle federal regulators' claims that they misled five failed credit unions about the risk of securities tied to mortgages

DealBook: Citi to Shed 1% of Its Staff; BNP Paribas Plans to Cut About 1,400 bi2280950 As the ax continues to fall on Wall , Citigroup drawing up plans to eliminate about 3,000 jobs, BNP Paribas intends to cut about 1,400 positions

DealBook: Citi to Shed 3,000 Jobs; BNP Paribas Plans to Cut About 1,400 bi2280950 As the ax continues to fall on Wall , Citigroup drawing up plans to eliminate about 3,000 jobs, BNP Paribas intends to cut about 1,400 positions

Citi plans 4,500 layoffs bi2280950 Citigroup lay off roughly 4,500 employees over the next few months, CEO Vikram Pandit said Tuesday, as Wall continues to bleed jobs amid tough economic times. Speaking at the Goldman Sachs Financial Services Conference New York on Tuesday afternoon, Pandit said the cuts would come over the next few quarters. Citi book a charge of approximately $400 million the fourth ..

Citi discussing plan to shuffle Asian managers: WSJ bi2280950 (Reuters) - Citigroup Inc discussing a plan to shuffle Asian managers to reassure Japanese regulators as they prepare to sanction the bank for alleged lapses disclosure related to the sale of financial products, the Wall Journal reported, citing people familiar the situation. Peter Eliot, Citigroup's country officer and head of institutional client group Thailand, ..

Rakoff Rejection of Citi / SEC Settlement Pierces Wall Street's Alice-in-Wond bi2280950 It's not every day that a federal judge issues a landmark decision, particularly one that could help investors wanting to sue giant financial institutions. But that's what happened Monday, when U.S. District Judge Jed Rakoff rejected a proposed $285 million settlement between and the Securities and Exchange Commission that would have allowed Citi to put ..

Lightning Protection - Home