Citi has uphill climb to match strong JPM results
When Citigroup Inc reports second-quarter results on Friday, investors will scrutinize its loan book for signs that the bank is on a sustainable path to profit growth.
Citi enters exclusive talks to sell OneMain: report
Citigroup Inc has entered into exclusive talks with a bidding group to sell its OneMain consumer lending unit formerly known as CitiFinancial, the Wall Street Journal reported, citing a person familiar with the matter.
Citi hires ex-CEO of PricewaterhouseCoopers
Citigroup Inc has hired Samuel Di Piazza, Jr, the former chief executive of PricewaterhouseCoopers , to help its faltering investment bank rebuild after the financial crisis.
Citi awards Pandit over $16 million retention bonus
Citigroup Inc has awarded Chief Executive Vikram Pandit a $16.7 million retention bonus, plus stock options -- a far cry from the $1 salary he took during part of the financial crisis.
Citi gives Pandit $16.6 million retention bonus
Citigroup Inc has awarded Chief Executive Vikram Pandit over $16.6 million in deferred compensation plus stock options as a retention bonus, a far cry from the $1 salary he took in response to the financial crisis.
Citi reinstates quarterly dividend at 1 cent
Citigroup Inc declared its first dividend in more than two years on Friday, announcing it will pay a penny per share on June 17, but analysts said the bank could take a while to pay the kinds of dividends that its rivals do.
Citi CEO tries to shed bank's survivor image
Citigroup Inc can be more than just a survivor of the financial crisis, Chief Executive Vikram Pandit told shareholders on Thursday.
Citi profit falls as revenue shrinks, expenses surge
Citigroup Inc's first-quarter profit fell 32 percent as shrinking loans and poor trading results pressured revenue while expenses surged.
Citi profit falls 32 percent as bond trading weakens
Citigroup Inc's first-quarter profit fell 32 percent as bond trading revenue plunged and operating expenses jumped.
Citi faces weak trading, shrinking loans on recovery path
Citigroup Inc is expected to report a drop in quarterly profit and revenue on Monday, as an uncertain trading environment and weak consumer loan demand hinder its efforts to move past the financial crisis.
JPMorgan CEO Dimon's pay jumps to $20.8 million
After piloting the No. 2 U.S. bank through the financial crisis relatively unscathed, JPMorgan Chase & Co Chief Executive Officer Jamie Dimon is now being extremely well rewarded.
Citigroup Sets Reverse Stock Split, Resumes Dividend
Citigroup announced a 1-for-10 reverse stock split of its common stock and plans to reinstate a quarterly dividend of $0.01 per common share in the second quarter of 2011.
Top 4 Citi execs get $42.2 million in 2010 compensation
Citigroup Inc has paid four of its top executives, excluding Chief Executive Vikram Pandit, a combined $42.2 million in 2010 compensation, according to a regulatory filing filed on Monday.
Citi grants millions of stock options to top execs
Citigroup Inc granted more than 18 million stock options to 15 senior executives, an award that could handsomely increase their compensation if the slowly recovering bank's share price rises.
Citi CEO Pandit warns of debit fee cap impacts
Banks may cut their services to the poorest Americans as a result of new U.S. financial regulations, including federal caps on debit card processing fees, Citigroup Inc Chief Executive Vikram Pandit said on Tuesday.
Regulators seek to foil bank moves to undermine pay reform
Regulators began their most forceful attempt yet to clamp down on bank bonuses since the 2007-2009 financial crisis, and warned firms they would seek to counter attempts to circumvent the reforms.
Regulators set to curb bank bonuses, part of global move
Regulators on Monday are expected to make their most forceful attempt yet to clamp down bank bonuses since the 2007-2009 financial crisis, but the proposals pale in comparison to harsher restrictions already set in Europe.
Big U.S. banks face delayed bonuses
U.S. regulators on Monday made their most forceful attempt yet to clamp down bank bonuses since the 2007-2009 financial crisis, but the proposals pale in comparison to harsher restrictions already set in Europe.
Pages
Regulators set to curb bank bonuses, part of global move
Regulators on Monday are expected to make their most forceful attempt yet to clamp down bank bonuses since the 2007-2009 financial crisis, but the proposals pale in comparison to harsher restrictions already set in Europe.
U.S. set to curb bank bonuses, part of global move
U.S. regulators on Monday are expected to make their most forceful attempt yet to clamp down bank bonuses since the 2007-2009 financial crisis, but the proposals pale in comparison to harsher restrictions already set in Europe.
BofA says no 2010 cash bonuses for top executives
Bank of America Corp senior executives will not get cash bonuses for 2010 and Chief Executive Brian Moynihan will not receive a base salary increase in 2011, according to a securities filing on Monday.
Goldman CEO gets salary boost, $12.6 million shares
Goldman Sachs Group tripled Chief Executive Lloyd Blankfein's base salary and awarded him $12.6 million of stock, even after the bank's net income plunged last year.
Goldman CEO's salary tripled to $2 million
Goldman Sachs Group more than tripled Chief Executive Lloyd Blankfein's salary to $2 million for this year and paid him restricted stock currently worth $12.6 million, according to regulatory filings.
U.S. to reap $312 million by shedding Citi warrants
The Treasury Department said on Wednesday it will take in $312.21 million from the sale of two groups of warrants in Citigroup Inc , shedding the last of its direct holdings at a profit two years after spending $45 billion to prop the bank up.
Citi CEO Pandit's salary soars to $1.75 mln from $1
Citigroup Inc (C.N) Chief Executive Vikram Pandit got a $1,749,999 raise on Friday.Pandit pledged in 2009 to receive an annual salary of $1 until the struggling Citigroup returned to sustained profitability.
- MOST READ
- 1
- 2
- 3
- 4
- 5
EDITOR'S PICK