Recent Posts Tagged With 'citibank'

• Citi / Bank – Splitisville

  Posted on Friday January 16th, 2009 at 08:47 in finance, corporate, citigroup, bank failure, citibank, citicorp, toxic assets, citi holdings

  The era of the super financial has come to an end, at least for Citibank.   Citigroup Inc will split into two companies. Citicorp and Citi Holdings, reverting back to running a banking business.   “The new structure will have the bank operating ...

• The Breakup - Citigroup

  Posted on Monday January 12th, 2009 at 10:45 in finance, Government, corporate, citigroup, federal government, citibank, regulators, bialout

  Citigroup’s Smith Barney and Morgan Stanley’s Brokerage operation are close to deal. This move would create the largest retail brokerage company, surpassing that of Bank of American who became number one with mergers this year.   As the financi...

• Could Citibank Fail

  Posted on Thursday November 20th, 2008 at 15:32 in finance, Failure, saudi arabia, corporate, citigroup, c, job cuts, bailout, citibank, wells fargo, wachovia, saudi prince

  The Saudi Prince has spoken, but it’s not enough to help Citigroup out of the downward plunge it is on.  Citibank opened 4% lower, but it got much worst as the day went one. Losing more then 26% to trade close the day at 4.71   Breakdown: Citiban...