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Citigroup

(file / credit: Justin Sullivan/Getty Images)

Citigroup To Cut More Than 11,000 Jobs

Citigroup said Wednesday that it will cut 11,000 jobs, a bold early move by new CEO Michael Corbat. The cuts amount to about 4 percent of Citi’s workforce of 262,000.

2012/12/05

Citigroup CEO Vikram Pandit on the floor of the New York Stock Exchange - June 18, 2012 (credit: Spencer Platt/Getty Images)

Citigroup CEO Vikram Pandit Announces Immediate Resignation

Vikram Pandit abruptly stepped down as CEO of Citigroup on Tuesday, surprising Wall Street, after steering the bank through the 2008 financial crisis and the choppy years that followed.

2012/10/16

Mayor Michael Bloomberg announces details of the Citi Bike program - New York, NY - May 7, 2012 (credit: Edward Reed / Mayor's Office)

New York City Readies Bike Sharing Program To Be Largest In Nation

City officials said Monday that the program will be the nation’s biggest, featuring 10,000 rent-a-bikes and 600 bike docking stations.

2012/05/07

Citigroup Center - New York, NY (file / credit: Chris Hondros/Getty Images)

NYC Judge Rejects SEC-Citigroup Settlement

A federal judge in New York has struck down a $285 million settlement that Citigroup reached with the Securities and Exchange Commission, citing a need for truth about the financial markets.

2011/11/28

Wall Street Trader (credit: AP Photo/Richard Drew)

3-Day Rally Ends Thursday On Wall Street

The Dow Jones industrial average fell 170.89 points, or 1.5 percent, to close at 11,149.82. It had been up 85 points shortly after the opening bell.

2011/08/25

The entrance Federal Reserve Bank of New York, located at 33 Liberty Street, is seen on July 29, 2011 in New York City. (Photo by Andrew Burton/Getty Images)

No Decisions Announced At New York Federal Reserve Meeting As Debt Ceiling Deadline Looms

Executives from the country’s biggest banks met with U.S. Treasury officials Friday to discuss how debt auctions will be handled if Congress fails to raise the borrowing limit before Tuesday’s deadline.

2011/07/30

The Federal Reserve Building is seen in Lower Manhattan in New York.(Photo credit: TIMOTHY A. CLARY/AFP/Getty Images)

Bank Executives, Treasury Department Officials Meet At Federal Reserve To Discuss Debt Ceiling

The Treasury invited 20 of the largest banks to a meeting to discuss an upcoming quarterly auction of government debt.

2011/07/29

Traders work on the floor of the New York Stock Exchange. (AP Photo)

Stocks Sink After S&P Issues Warning On U.S. Debt

A warning from Standard & Poor’s that the agency might lower its rating on U.S. government debt sent stocks on their worst slide in a month Monday.

2011/04/18

Citigroup Headquarters In New York (credit: AP Photo/Mark Lennihan)

Treasury Announces Citigroup Warrant Auction

Sale of the warrants gives the holder the right to buy Citigroup common stock at a fixed price.

2011/01/24

Citigroup Names John Havens As President, COO

Havens will be responsible for Citigroup’s daily operations and will report to CEO Vikram Pandit.

2011/01/19

NY Jury Sides With Citigroup In EMI Dispute

A jury deliberated only a few hours before concluding Thursday that Citigroup did not fool a British private equity firm into buying music company EMI in 2007 at an inflated price, ending a three-week trial that had pitted two former friends and powerbrokers in the British banking world against each other.

2010/11/04

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