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Top Stories on Citigroup

Former Citigroup Manager Cleared in Mortgage Securities Case - New York Times

A federal jury on Tuesday cleared a Citigroup executive of wrongdoing in connection with the bank?s sale of risky mortgage-related investments at the peak of the housing boom, dealing a blow to the government?s effort to hold Wall Street ...

Citigroup Offers First U.S. Benchmark Bonds in Five Months - Bloomberg

Citigroup Inc. (C), the third-biggest U.S. lender, is selling three-year notes in its first dollar- denominated benchmark offering in five months, according to a person familiar with the transaction. The debt may be sold to yield about 210 basis ...

Citigroup: Asian Firms Overseas Shopping Spree to Continue - Wall Street Journal

Asian companies will continue to snap up overseas targets in the second half of 2012, adding to a recent string of major deals including Beijing-controlled oil company Cnooc Ltd.?s acquisition of Canadian energy producer Nexen Inc., says a ...

New Issue-Citigroup sells $1.75 bln in 2 parts - Reuters

July 31 (Reuters) - Citigroup Inc on Tuesday sold $1.75 billion of senior notes in two parts, said IFR, a Thomson Reuters service. Citigroup was the sole bookrunning manager for the sale. BORROWER: CITIGROUP TRANCHE 1 AMT $1.25 BLN COUPON 2.25 ...

Citigroup And JPMorgan Are No Longer Value Traps - Forbes

The contest is Citigroup vs. JPMorgan, and the winner is?Citigroup, by a nose. I own both, but Citi is cheaper, still tarred by its dumb bunny gambits in 2007-?08. Management came within a hair?s breadth of plunging Citi into receivership ...

Asia's overseas shopping spree to continue: Citi - Marketwatch

Citigroup is also advising on another potentially big Asian M&A deal announced in July: Dutch brewer Heineken NV's 5.1 billion Singapore dollar (US$4.1 billion) bid for Asia Pacific Breweries Ltd. That puts it behind Goldman Sachs Group Inc. in ...

Citigroup Creator Weill Says It?s Time for Banks to Be Broken Up - San Francisco Gate

July 26 (Bloomberg) -- Sanford ?Sandy? Weill, whose creation of Citigroup Inc. ushered in the era of U.S. banking conglomerates a decade before the financial crisis, said it?s time to break up the largest banks to avoid more bailouts. ?What we ...

Citigroup banker's fraud case goes to the jury - The Guardian

NEW YORK (Reuters) - A jury was asked on Monday to decide whether one of the few individuals charged over the collapse of subprime mortgage investments intentionally misled investors in a $1 billion (636.7 million pounds) Citigroup Inc deal or ...

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