Blog Posts - Citigroup

Citigroup Offers Rental Proposal to Struggling Borrowers

In trying to limit foreclosures, Citigroup is launching a program to rent homes back to home owners who are struggling to make their mortgage payments instead of trying to evict them. Citigroup’s announcement comes on the heels of Bank of America...
by GayRealEstate USA on Aug 13, 2012

With Expectations So Low, Economy Starts to Look Good

More »After months of disappointing financial markets, U.S. economic data may actually start to look better than Wall Street expects. The first glimpse of that may be showing up in Citigroup’s economic surprise index, which has started to...
by Penny Stock DD on Jul 31, 2012

Week in Review: A Deal Maker’s Doubts

More »A Japanese bank’s bold run ended, the creator of Citigroup called for an end to megabanks, the New York Fed faced more questions and China made a $15 billion oil bid. A look back on our reporting of the last week’s highs and lows...
by Penny Stock DD on Jul 29, 2012

Meredith Whitney: No ‘Draconian’ Breakups for Banks

More »US banks are already starting to separate commercial and investment banking operations, so there’s no need for the radical breakup suggested by former Citigroup chairman Sandy Weill, banking analyst Meredith Whitney told CNBC We...
by Penny Stock DD on Jul 26, 2012

Asia Stocks Snap Four-Day Loss as Home Sales Drop Fuels Fed Bets

More »July 26 (Bloomberg) — Asian stocks rose, snapping a four- day loss, as a drop in U.S. new home sales fueled speculation the Federal Reserve may take new steps to spur growth. Gains in shares may be limited as Citigroup Inc. rais...
by Penny Stock DD on Jul 25, 2012

Japanese, Australian Stock Futures Gain as Fed Expectations Rise

by Penny Stock DD on Jul 25, 2012

Sandy Weill: Break up the big banks

More »CNNMoney) — The man responsible for creating Citigroup — the world’s first financial supermarket — said Wednesday that the nation’s largest banks should be broken up in order to protect taxpayers. Former...
by Penny Stock DD on Jul 25, 2012

Citigroup Asks Facebook Users If They’d Like Social Banking

More »Citigroup Inc. (C) began asking Facebook Inc. (FB) users a provocative question over the weekend. The third- biggest U.S. bank wants to know whether Web surfers would be willing to use the social-networking service to do banking. FULL...
by Penny Stock DD on Jul 16, 2012

Citi second-quarter profit falls less than expected on cost cutting

More ») – Citigroup Inc said on Monday quarterlyearnings fell 12 percent as it was stung by losses from credit crisis-era assets, but the bank’s results were better than many analysts expected after cost-cutting. FULL ARTICLE HE...
by Penny Stock DD on Jul 16, 2012

Why Citigroup profits down Q2 report 2012

Why Citigroup profits down Q2 report 2012, earnings per share report july 16 2012 : Citigroup, the US banking giant, has reported a 12% fall in net income to $2.9bn (£1.9bn) for the second quarter of 2012.Revenues were $18.6bn for the period April t...
by stock market today on Jul 16, 2012

BAC & Citigroup Stock outlook july 16-20 2012

BAC & Citigroup Stock outlook july 16-20 2012 : Bank of America Corporation (BAC) & Citigroup, Inc. (C) : The money center bank stocks are up significantly on the heels of two great earnings reports JPMorgan (JPM) and Wells Fargo (WFC). These...
by stock market today on Jul 14, 2012

Why Citi Has a $19 Price Target On Groupon

More »Groupon’s share price has fallen more than 60 percent since it went public last November. By most accounts, it is a controversial stock in a volatile sector — and Mark Mahaney, internet analyst for Citigroup, is fueling the fi...
by Penny Stock DD on Jul 14, 2012

Goldman Sachs: Is a recovery underway?

Of all the US banks that have been negatively affected by the economic crisis, Goldman Sachs (NYSE:GS) arguably dealt with this better and more effectively than any other within the industry. The banking industry was the major victim of the 2008 glob...

Bank of America tops expectations on better credit quality

More »Bank of America Corp posted a better-than-expected first-quarter earnings on Thursday as the No. 2 U.S. bank set aside less money for loan losses and capital markets activity rebounded. The bank, like rivals including JPMorgan Chase &...
by Penny Stock DD on Apr 19, 2012

Citigroup upped to buy at S&P Capital IQ

NEW YORK (MarketWatch) — Analysts at S&P Capital IQ on Monday raised their rating on Citigroup Inc. shares to buy from hold after the firm posted a slightly improved first-quarter profit. “(Citi’s) first-quarter earnings per sh...
by Forex Trading System Blog on Apr 16, 2012

The Digital Olympics

As the Olympics approach, companies look for innovative ways to reach fanbases. Citi's Every Step is taking initiative.
by friday coming soon on Apr 16, 2012

Law Prof. to Monitor Foreclosure Settlement

SACRAMENTO, Calif., March 16 (LID) – California Attorney General Kamala Harris (D) on Friday announced her appointment of a law school professor to serve asRead more »...
by Law & Industry Daily on Mar 16, 2012

Why I’m Holding on to my Stake in Citigroup

The last weekend of February was a tough one for me. I came across a news item that led me to think I made a big mistake. About a month ago, I recommended Citigroup (NYSE: C) as a pick in my 0,000 Real-Money Portfolio. One of the key pillars of my in...
by Forex Trading System Blog on Mar 5, 2012

Citi and IBM Enter Exploratory Agreement on Use of Watson Technologies

More »Citigroup (NYSE:C – News) today announced it has entered into an agreement with IBM (NYSE: IBM) to explore possible uses for IBM Watson. Under the agreement, Citi will examine the use of deep content analysis and evidence based...
by Penny Stock DD on Mar 5, 2012

Citigroup Chairman Parsons to step down in April

LOS ANGELES (MarketWatch) — Citigroup Inc. said late Friday Chairman Richard Parsons will not stand for re-election at the company’s annual shareholders meeting in April. Citigroup said in accordance with previously set plans, the board w...
by Forex Trading System Blog on Mar 2, 2012

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