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Citigroup CEO and directors sued over executive pay
Days after being rebuked by shareholders, Citigroup Inc (C.N) Chief Executive Vikram Pandit and the bank's directors have been sued by a shareholder accusing them of awarding outsized pay to top executives.
Citigroup CEO, Directors Sued For Outsized Executive Pay Packages  Huffington Post
America Loves to Watch Its Too-Big-To-Fail CEOs Squirm  TIME
Citigroup Investors Reject Management Compensation Plan
Citigroup Inc. shareholders rejected its executive pay plan, a first among the six largest U.S. banks, amid criticism it lets Chief Executive Officer Vikram Pandit collect millions of dollars in rewards too easily.
Citigroup Investors Reject Pay Plan  Wall Street Journal
Citi profit tops expectations, bond trading helps  Reuters
Is the American dream only for the wealthy few?
Chris Ratcliffe / BloombergVikram Pandit, chief executive officer of Citigroup Inc. at Economic Forum (WEF) in Davos, Switzerland this year.
Citi's CEO Pay Revolt: Capitalism Is Back, Baby!  TIME
Highland Sues Citigroup to Stay on as CLO Manager
Highland Capital Management LP, the firm founded by James Dondero and Mark Okada, sued Citigroup Inc., Babson Capital Management LLC and Bank of New York Mellon Corp.
Depositing cheques? Soon your smartphone can help with that
Large institutions including JPMorgan Chase & Co., Citigroup Inc., Sun Trust and Bank of America have introduced the technology to reduce the cost of handling paper cheques, which can include storage, labour and transportation costs, to name a few.
UPDATE 2-Citigroup boosting anti-money laundering efforts
The Comptroller of the Currency, which regulates national banks, said on Thursday that Citigroup Inc's Citibank had fallen short in establishing and maintaining programs meant to identify money laundering and other improper flows of money.
Citi 'deficient' on money laundering rules  Financial Times
Statement on OCC Consent Order  EON: Enhanced Online News (press release)
Parsons Blames Glass-Steagall Repeal for Crisis
Richard Parsons, speaking two days after ending his 16-year tenure on the board of Citigroup Inc. and a predecessor, said the financial crisis was partly caused by a regulatory change that permitted the company's creation.
Bo Xilai Clan Links Included Citigroup Hiring of Elder Son
Among the Citigroup Inc. bankers gathered in Hong Kong on Aug. 11, 2006, with the mayor of the northeastern Chinese city of Tieling to discuss investments in an industrial park was the son of a powerful China princeling.
Canada to keep AAA rating despite coming downgrade wave: Citi
Canada is forecast to be one of the few countries to keep its illustrious AAA credit rating in the coming years, as ratings agencies get set to start kicking out members from the exclusive club.
Citigroup Appoints New General Counsel
NEW YORK— Citigroup Inc. C 4.17 % said it hired Rohan Weerasinghe as general counsel to succeed Michael Helfer. Mr. Helfer, 67 years old, was general counsel for nine years during which time Citi went through major changes including receiving $45 ...