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...

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...

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...

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...

Citigroup will buy Wachovia

NEW YORK --- Citigroup agreed Monday to buy Wachovia's banking...Insurance Fund. The deal greatly expands Citigroup's retail franchise -- giving it...Chase & Co. But it comes at a cost: Citigroup Inc. said it will slash its quarterly...

Citigroup president to leave as Citibank, Smith Barney integrated

NEW YORK -- Citigroup president Jamie Dimon is leaving in...biggest financial services company. Citigroup will integrate the corporate banking...said Sunday. The move does not involve Citigroup's consumer banking operations. Investors...

MetLife purchasing Travelers Life from Citigroup

...at least $11.5 billion from Citigroup Inc., the nation's largest...on the New York Stock Exchange. Citigroup shares advanced 74 cents, or 1...to $49.12 on the Big Board. Citigroup had retained Travelers Life & Annuity...

Citigroup agrees to pay $2.65 billion to settle WorldCom shareholder case

...NEW YORK -- Financial services giant Citigroup has agreed to pay $2.65 billion to...company's bankruptcy filing in 2002. Citigroup's brokerage division was a key backer...Stock Exchange. In the WorldCom matter, Citigroup said it had agreed to settle federal...

Citigroup agrees to settlement in Enron lawsuit

NEW YORK - Citigroup Inc., the nation's largest financial...but still below the $2.58 billion Citigroup agreed to pay WorldCom Inc. investors...AG and the Royal Bank of Scotland. Citigroup's payment is more than four times...

Citigroup gets conservative

NEW YORK --- Citigroup's 9,000 job cuts and $14 billion...delinquency and default to recover. Citigroup Inc. is struggling with not only a...bracing for even more dismal results, Citigroup shares jumped $1.08, or 4.5 percent...