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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 Worth At Least $145 Per Share Over Next Cycle
Recently, Citigroup (NYSE:C) made news as shareholders rejected the proposal to pay its CEO, Vikram Pandit, a higher salary.
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 Investors Reject Management Compensation Plan  Bloomberg
Citi profit tops expectations, bond trading helps  Reuters
US 'too-big-to-fail' banks bigger than ever before
David Paul Morris/BloombergFive banks - JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc., Wells Fargo & Co.
Obama Bid to End Too-Big-to Fail Undercut as Banks Grow  Bloomberg
Cameco, Uranium One rally on bullish JP Morgan outlook
Citigroup Inc. shares are spiking higher at mid-day as Meredith Whitney, the influential U.S. banking analyst, upgraded the stock to “hold” from “underperform,” according to CNBC.
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.
Citigroup Ordered to Bolster Its Money-Laundering Safeguards  Bloomberg
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.
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.
TEXT-S&P: Citigroup ratings unaffected by Q1 results
April 16 - Standard & Poor's Ratings Services said today that its ratings on Citigroup Inc. (Citi; A-/Negative/A-2) are not immediately affected by the company's good first-quarter results, given the current operating conditions.
Citigroup Outperforms JPMorgan in Investment Banking  ValueWalk
Citigroup Shares: 3 Pros, 3 Cons
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.