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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
(Reuters) - Citigroup Inc had sought approval for $8 billion in share repurchases as a part of the capital plan turned down by the Federal Reserve last month, the Wall Street Journal said, citing sources.
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 profit falls, but revenue rises  Livemint
Citigroup Investors Reject Pay Plan  Wall Street Journal
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.
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.
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 Appoints New General Counsel
NEW YORK— Citigroup Inc. C 0.24 % 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 ...