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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 Pay Proposal Rejected By Shareholders  Huffington Post
Citigroup Investors Reject Pay Plan  Wall Street Journal
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)
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.
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.
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.
Citigroup Outperforms JPMorgan in Investment Banking
Citigroup Inc. (NYSE:C) released its earnings earlier today for the first quarter of 2012. The firms earnings were down below what analysts had expected, at $0.95 versus forecast $1.01, but the market's response to the release has been a positive one.
Citigroup Countersued by Rajaraman Over Gold Losses
Citigroup Inc.'s Singapore unit was countersued by Raghavendran Rajaraman, who claimed the bank breached an agreement by prematurely selling his gold assets held as collateral and closing his trading account.
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 Appoints New General Counsel
NEW YORK— Citigroup Inc. C 2.35 % 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 ...