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C 54.87 +0.78 (1.44%)
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Buy Citigroup: The Best Positioned Global Bank
Citigroup Inc. (NYSE:C) has an unparalleled global footprint, coupled with a strong and growing capital base. Its renewed focus on reducing costs and improving efficiency to self-fund new investments has proved to be very productive.
Lazard elects former Citigroup chairman Richard Parsons to board
Parsons served as chairman of Citigroup Inc. from February 2009 until his retirement in April 2012. He had served as a director on its board since 1996.
Citigroup Leads Wall Street in Moody's Downgrade Dismissal
Citigroup Inc., the lender whose credit rating was cut by Moody's Investors Service to the lowest since its 1998 creation, led Wall Street banks in dismissing downgrades and urged investors to seek alternative analyses.
Moody's downgrades RBC two notches  Financial Post
Moody's downgrade gives edge to safe-haven banks  Reuters
Ex-Citigroup VP gets eight years for stealing $22 million
NEW YORK A former Citigroup Inc (C.N) vice president who admitted to embezzling more than $22 million was sentenced on Friday to 8 years in prison, federal prosecutors said.
Executive compensation: Shareholders have their say
Advisory votes on pay have been even more controversial in the United States, where 41 companies have “lost” their say on pay votes this year, including banking giant Citigroup Inc., according to an analysis last week by compensation firm Steven Hall ...
Russia Must Cut Break-Even Oil Price to $80, Citigroup Says
Russia must lower the average oil price it needs to balance the budget by more than 30 percent to attract investors and reduce risk, according to Citigroup Inc. “It's not impossible,” Kingsmill Bond, chief strategist at Citigroup Inc. in Moscow, said ...
Citi Bets That Proofs Lead to Profits
Seeking a shot in the arm for the ailing banking business, Citigroup Inc. C -0.18 % is expanding into a little-known but fast-growing field known as identity proofing—the tedious and time-consuming task of proving people are who they say they are.
Interest Rate Probe Escalates
Representatives of Citigroup, HSBC and J.P. Morgan declined to comment. Lloyds and RBS both said they were cooperating with the ongoing investigations.
Masseurs challenge cosy assumptions  Financial Times
Diamond Seen Surviving Libor Storm After Barclays Plunges  Bloomberg
Argentina's YPF soars most in three years after billionaire Slim gets 8.4% stake
Walter Moreno/BloombergThe YPF SA refinery stands in Lujan de Cuyo, Argentina. Mexican tycoon Carlos Slim controls 32.9 million of YPF's Class D shares, or an 8.4% stake worth US$345-million, according to a regulatory filing yesterday from the Buenos ...
YPF Soars as Billionaire Slim Gets 8.4% Stake From Eskenazis  Bloomberg
RIM shares fall as job cuts continue at BlackBerry maker
On Monday it was announced its relationship with Celestica Inc., which makes the BlackBerry Curve and BlackBerry Bold phones at its plant in Mexico, would be wound down over the next few months.