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Citigroup - Articles Tagged Citigroup On Encyclocentral.com |
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Citigroup Bailout Of 20 Billion Declared By FDIC Treasury And Federal Reserve To Save The US Economy
Citigroup bailout was agreed upon by the federal government on Sunday night as they thought that it could be a vital strategy to save the financial giant. This would guarantee $306 billion of risky loans and securities backed by commercial and residential mortgages.
Posted on November 24, 2008 | Related Articles | Linked From
(23 Reads) tag Companies Tags: bailout, billion, citigroup, declared, economy, fdic, federal, financial, reserve, save, treasury, Citigroup Bailout 20 Billion, Citigroup Bailout Federal Reserve, Citigroup 20 Billion Dollars, Citi Bailout 20 Billion
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Citigroup Financial And Travelers Group Asset 2 4 Trillion Dollars
Citigroup is one the largest financial service companies of the world. It is based in New York and was the result of a merger between Citicorp and Travelers Group in 1998. It has assets of $2.4 trillion. It is a truly global company that employs about 332,000 staff worldwide and holds 200 million customer accounts in over 100 countries.
Posted on December 23, 2007 | Related Articles | Linked From
(407 Reads) tag Companies Tags: asset, bank, citicorp, citigroup, consumer, dollars, financial, global, travelers, trillion, york, Companies With A Trillion Dollars In Assets, Citigroup And Travelers Group, Citicorp And Travelers Group Merger 1998, Which Company Has Trillion Dollar Asset, When Was Citigroup Started
Citigroup Layoffs To Cut Employee Compensation Budgets By 25 Percent Due To Credit Card Losses
Citigroup has planned to delete 10,000 jobs from across the world. The Chief Executive Vikram Pandit and his deputies suggested that the budgets on employee compensation needed to be slashed by at least 25 percent. The decision was taken a day after the bank’s share-value dropped under $10 for the first time since the 1990s.
Posted on November 14, 2008 | Related Articles | Linked From
(101 Reads) tag Companies Tags: budgets, card, citigroup, compensation, credit, employee, layoffs, losses, percent, When Can Employee Of Citigroup Sell Citigroup Shares, Troyan Horse Psw Generic 6 Aqpd, Employee Layoff In Citigroup, Employee Layoff Employee Compensation, Citigroup News Layoff 25
Citigroup Acquired Non Liable Assets Of Wachovia Corp By FDIC Government Brokered Deal
Citigroup turned up with the acquisition of the non-liable assets belonging to Wachovia Corp on September 29, 2008 by way of a government brokered deal. Citigroup Inc. that carries out the operation in the form of Citi is basically the most important American financial services company that is situated in New York City. It is a result of the merger that took place on April 7, 1998 between Citicorp and Travelers Group.
Posted on September 29, 2008 | Related Articles | Linked From
(57 Reads) tag Companies Tags: acquired, assets, brokered, citigroup, corp, deal, fdic, government, liable, wachovia, Citigroup 16th Largest Political Campaign Contributor, Wachovia Corp And Their Assets, Sue Citgroup Steel Wachovia, Prince Al Waleed Bin Talal Saudi Arabia Citigroup September 29 Wachovia, Citigroup Is The 16th Largest Political Campaign Contributor
Citigroup News Slashing 53000 Jobs Throughout World To Economize Global Financial Crunch
Citigroup Inc. declared on Monday 17th November 2008, that it is going to cut as many as 53,000 jobs throughout the world in order to restrict the losses and to economize in the midst of the on-going global financial crunch.
Posted on November 17, 2008 | Related Articles | Linked From
(28 Reads) tag Companies Tags: citigroup, crunch, economize, employee, financial, global, jobs, news, place, slashing, york, What Is Global Financial Crunch Wiki, News Citigroup Financial Services, City Group Slashed Employees, Citigroup News Employee Slash, Citigroup It Employee Strength
Sir Win Bischoff Citigroup Chairman Receive Full Support From Board Of Directors Against Replacement
The board of directors belonging to Citigroup has turned up denying the news that was heard earlier relating to the replacement of Sir Win Bischoff as chairman as a result of the disappointment of many directors towards his performance. The issuance of a message has been made on 14th November 2008 to all the employees of Citigroup on the international level.
Posted on November 14, 2008 | Related Articles | Linked From
(76 Reads) tag Companies Tags: bischoff, board, chairman, citi, citigroup, full, receive, replacement, support, Sir Win Citi Chairman, Citigroup Ceo Sir Win, Sir Win Citigroup 14 November 2008, Sir Win Bischoff Citigroup Inc, Sir Win Bischoff Citi
Wachovia Buyout From Citigroup Announced By Federal Deposit Insurance Corporation
News reported from the FDIC states that Citigroup has agreed to buy Wachovia Bank to avoid another corporate failure in the midst of the economic crisis. The FDIC posted the news on its website this morning.
Posted on September 29, 2008 | Related Articles | Linked From
(125 Reads) tag Companies Tags: announced, bank, buyout, citigroup, deposit, fdic, federal, insurance, losses, wachovia, Citigroup Announced A Buyout Of Wachovia, Role Of Federal Deposit Insurance Corporation In Wachovia, Wachovia'buyout By Citigroup, Wachovia Lose Before Buyout, Wachovia Insurance And Citigroup Buyout
Vikram Pandit Citigroup CEO
Vikram Pandit was born in Nagpur, Maharashtra, India. He attended college in the United States at the age of sixteen. He received both an MS and a BS degree in electrical engineering from Columbia University. He also earned a Ph. D in finance in 1986; he is book smart and his knowledge made him only the second Indian man to become CEO of a major American company.
All Citigroup Articles (17 stories on 3 pages)
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