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Citigroup to exit 11 markets in restructuring

NEW YORK - Citigroup customers across Central America and...for a new place to bank next year.Citigroup said Tuesday that it will bow out of...it believes it can be competitive, Citigroup CEO Michael Corbat said in a statement...

http://chronicle.augusta.com/news/business/2014-10-14/citigroup-exit-11-markets-
Home Depot tops Street; breach costs still hazy

...would make an even better buying opportunity as we remain comfortable in the longer term housing recovery thesis," wrote Citigroup analyst Kate McShane.Revenue for the Atlanta company climbed 5 percent to $20.52 billion from $19.47 billion. That...

http://chronicle.augusta.com/news/business/2014-11-18/home-depot-tops-street-bre
Federal appeals court says NY judge went too far in blocking $285M Citigroup settlement

...blocked a $285 million settlement between Citigroup Inc. and government regulators over...The settlement between the SEC and Citigroup came after the commission accused the...these standards." Both the SEC and Citigroup appealed.Rakoff criticized the deal...

http://chronicle.augusta.com/news/business/2014-06-04/federal-appeals-court-says
Citigroup agrees to $7 billion settlement over mortgages

WASHINGTON - Citigroup agreed Monday to pay $7 billion to...settlement, which represents about half of Citigroup's $13.7 billion profit last year...the end of 2007. Banks, including Citigroup, minimized the risks of subprime mortgages...

http://chronicle.augusta.com/news/business/2014-07-14/distancing-itself-financia
Justice Department preparing to sue Citigroup

...to pay less than $4 billion to settle the investigation, a sum substantially less than what the department is demanding.Citigroup spokesman Mark Costiglio declined to comment Friday.The government has pursued other large banks for their conduct in sales...

http://chronicle.augusta.com/news/business/2014-06-13/justice-department-prepari
Global banks fined billions in currency probe

...of heavy fines by putting money aside to cover the cost. Citigroup took a $600 million charge while JPMorgan Chase & Co. about...Street banks including JPMorgan Chase, Bank of America and Citigroup have each paid billions of dollars in settlements with the...

http://chronicle.augusta.com/news/business/2014-11-12/global-banks-fined-billion
Business news

NEW YORK - Citigroup customers across Central America and parts of Eastern Europe will be looking for a new place to bank next year.Citigroup said Tuesday that it will bow out of the retail banking business in 11 markets, part of its ongoing...

http://chronicle.augusta.com/news/business/2014-10-14/business-news
Federal Reserve bars Citigroup, 4 other big banks from raising dividends and buying back stock

WASHINGTON - Citigroup cannot raise its dividend or buy back...The Fed said that the capital plans of Citigroup fell short in some areas, including...health, he said in a statement.As with Citigroup, the Fed said it found deficiencies...

http://chronicle.augusta.com/news/business/2014-03-26/federal-reserve-bars-citig
Citigroup's Jerome Byers works to improve small business status

...NEW YORK - When small-business owners hear the name Citigroup, they're more likely to think of a bank that caters...you get this done when Citi has been cutting staff? (Citigroup had 253,000 employees on June 30, down from 261...

http://chronicle.augusta.com/news/business/2013-09-11/citigroups-jerome-byers-wo
Citigroup to cut 11,000 jobs as it looks to trim expenses

NEW YORK - Citigroup said Wednesday that it will cut 11,000 jobs, a bold early move by new CEO Michael Corbat.The cuts amount to about 4 percent...

http://chronicle.augusta.com/news/business/2012-12-05/citigroup-cut-11000-jobs-i