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Citigroup Says Credit Card Charge-Offs 2.55% In September Versus 2.75% In August
Citigroup Says Ray McGuire Has Informed Co That He Has Decided To Leave Citi
Citigroup Qtrly ICG Rev of $10.4 bln Increased 5%
Citigroup Inc. is a diversified financial services holding company. The Company provides a range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services and wealth management. Its business segments include Global Consumer Banking (GCB), Institutional Clients Group (ICG) and Corporate/Other. GCB segment provides traditional banking services to retail customers through retail banking, Citi-branded cards and Citi retail services. ICG segment provides corporate, institutional, public sector and high-net-worth clients with a range of wholesale banking products and services, including fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, corporate lending, investment banking and advisory services, private banking, and securities services. Corporate/Other segment includes corporate treasury, operations and technology, and consumer loans.
388 Greenwich St
NEW YORK, NY
John Cunningham Dugan
Independent Chairman of the Board
Jane Nind Fraser
President, Chief Executive Officer
Michael L. Corbat
Chief Executive Officer, Director
Mark A.L. Mason
Chief Financial Officer
Barbara J. Desoer
Chief Executive Officer - Citibank, N.A. Director
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Citigroup Inc’s outgoing chief executive came under fire on Tuesday for mistakes that have led to regulatory penalties, with analysts questioning his pay and why he is not leaving immediately in a conference call to discuss quarterly results.
Citigroup Inc’s outgoing chief executive came under fire on Tuesday for mistakes that have led to regulatory penalties during a conference call to discuss quarterly results, with analysts questioning his pay and why he is not leaving immediately.
A pair of U.S. bank regulators ordered Citigroup Inc to clean up "several longstanding deficiencies" in a new enforcement order against the bank.
Societe Generale is gearing up to launch the sale of its asset management arm Lyxor as the French lender seeks to shore up its finances after two consecutive quarterly losses, two sources familiar with the matter told Reuters.
Citigroup Inc named consumer banking head Jane Fraser as its next chief executive on Thursday, making her the first woman to lead a major Wall Street bank.
Citigroup Inc named Jane Fraser to succeed Michael Corbat next year as chief executive officer, making her the first woman to lead a major Wall Street bank.
An Australian court overseeing a criminal cartel case against Citigroup Inc and Deutsche Bank AG on Tuesday declined a prosecution request to delay proceedings, raising the chances the long-running matter will proceed to trial this year.
Citigroup Inc is suing HPS Investment Partners and Symphony Asset Management for allegedly refusing to return a combined $237 million, escalating a legal dispute between the bank and Revlon Inc's lenders over a loan payment error.
Citigroup Inc is suing two more lenders, HPS Investment Partners and Symphony Asset Management, for allegedly refusing to return a combined $237 million that was mistakenly sent out by the bank, court documents showed.
Citigroup Inc won a small victory on Tuesday in its battle to recoup nearly $900 million it mistakenly sent to creditors of troubled cosmetics company Revlon Inc.
Citigroup asked a U.S. judge on Tuesday to freeze funds it mistakenly sent Revlon Inc creditors amid a lawsuit over one of the largest clerical errors by a bank in years.
Citigroup Inc filed a lawsuit on Monday against Revlon Inc lender Brigade Capital Management LP, asking the hedge fund to return its portion of the $900 million that was mistakenly sent out by the bank to the cosmetic company's lenders.
Citigroup Inc filed a lawsuit on Monday against Revlon Inc lender Brigade Capital Management LP, asking the hedge fund to return the portion of the $900 million that was mistakenly sent out by the bank to the cosmetic company's lenders.
A former top currency trader has won an unfair dismissal case against Citigroup Inc but cannot expect to return to his job, a London employment tribunal has ruled.
Citigroup Inc said on Thursday it promoted Stephen Randall to lead liquidity management services globally, putting the 24-year company veteran in charge of managing more than half of the mega-bank's deposit base.
Australian investigators who brought criminal cartel charges against Citigroup Inc and Deutsche Bank AG "pre-populated" a witness statement with incriminating claims before interviewing the person who ultimately signed off on them, a court heard on Friday.
An Australian investigator who helped bring criminal cartel charges against Citigroup Inc and Deutsche Bank AG departed from correct process by sending sensitive documents to his personal email address, a colleague told a court on Thursday.
An Australian regulator said on Monday it deleted parts of a witness statement showing Citigroup Inc and Deutsche Bank AG tried to follow the rules in a stock issue at the centre of Australia's biggest white-collar criminal lawsuit.
Citigroup Inc reported a nearly 73% plunge in quarterly profit on Tuesday as the bank set aside $5.6 billion to brace itself for a potential surge in loan defaults stemming from the coronavirus outbreak.
Citigroup Inc said on Wednesday it was delaying plans for U.S. employees returning to offices as COVID-19 cases rise in several states.
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