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Citigroup CEO and directors sued over executive pay
(Reuters) - 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 Investors Reject Pay Plan
Shareholders of Citigroup Inc. on Tuesday handed the bank a scathing rebuke, rejecting a board-approved compensation package for its senior executives that boosted Chief Executive Vikram Pandit's 2011 pay to $14.9 million from $1 a year earlier.
Citigroup profit falls, but revenue rises  Livemint
Vikram Pandit's Greenwich House Is For Sale, And It's Totally Sick  Business Insider
Citigroup changes general counsel
Citigroup has changed its general counsel, moving Michael Helfer to a regulatory compliance role and bringing in Rohan Weerasinghe from the law firm Shearman & Sterling.
Citigroup Shareholder Sues Over Executive Compensation
A Citigroup shareholder filed a lawsuit against Citigroup CEO Vikram Pandit and the bank's directors over a compensation package that was contested by investors in a rare failed "say-on-pay" vote this week.
US probing money laundering in check processing
Regulatory oversight has forced banks such as Citigroup Inc and HSBC Holdings Plc to hire more staff, conduct reviews and invest in better technology to identify suspect transactions and bolster their defenses against abuses of financial systems ...
Investor gadfly Davis calls it quits ... for now
At Citigroup Inc's meeting on Tuesday, Chairman Richard Parsons told the gathering "health" reasons prevented Davis's attendance.
New York City's Five Biggest Employers Are All The Government
Wall Street is the biggest private employer, with JPMorgan and Citigroup in the top ten. While most government agencies scaled back in number of employees, JP Morgan added 9 percent to its NYC work force.
Should You Listen to Dick Bove?
(JPM), Citigroup Inc. (C), and even Bank of America Corp (BAC). This forecast was relatively brave at the time, given the amount of pessimism associated with bank stocks that were seen as big risks.
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.
Citigroup Shares: 3 Pros, 3 Cons
Citigroup In the first quarter, Citigroup (NYSE:C) reported a profit of $2.9 billion, which was about the same as last year's number.