VIKRAM PANDIT

Protesters picket Wells Fargo meeting, 24 arrested

Police in riot gear arrested two dozen people on Tuesday as protesters with a huge inflated rat sought to disrupt a Wells Fargo & Co annual shareholder meeting to express anger over foreclosures, executive compensation and corporate taxes.

Parsons blames Citi vote on failure to communicate

Richard Parsons, who chaired the Citigroup Inc board that lost a shareholder vote this week on executive compensation, said on Thursday that directors had failed to adequately explain to investors the methods they used to determine pay packages.

Citigroup buoyed by capital markets, economy

Citigroup Inc's quarterly profit beat Wall Street estimates as the third-largest bank cut expenses and benefited from an improved economy and more active capital markets after a dismal end to 2011.

Citigroup Narrowly Misses Analyst Earnings Expectations

Citigroup Inc. (NYSE: C) kicked off Monday morning by announcing underwhelming first-quarter earnings that narrowly missed analyst expectations on both profit and revenue. The New York-based banking giant reported earnings of $2.93 billion, or 95 cents per share on revenues of $19.41 billion. Earnings a year ago had been reported as $3 billion, or $1 a share, on revenues of $19.73 billion. Analysts had expected earnings to be flat from year-ago results.

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Citigroup quarterly profit falls

Citigroup Inc reported lower first-quarter profit on Monday as the bank worked to contain expenses in the face of volatile capital markets.
IBTimes Logo

Citigroup quarterly profit falls

Citigroup Inc reported lower first-quarter profit on Monday as the bank worked to contain expenses in the face of volatile capital markets.
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Citigroup failure in Fed test raises questions

Citigroup Inc on Wednesday stood by its pledge to reward shareholders, as Wall Street sought to understand why the bank failed to win approval from regulators to increase its dividend or buy back stock.
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