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Citigroup says fourth-quarter profit dropped on legal costs

NEW YORK - Citigroup said Thursday that its fourth-quarter profit dropped 86 percent after incurring large legal and restructuring charges.The bank...

http://chronicle.augusta.com/news/business/finance/2015-01-15/citigroup-says-fou
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
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-
Former AIG CEO sees partial victory in a lawsuit relating to the U.S.

...other big financial companies paid in the bailout. For example, there was a 3.5 percent rate on the government loan to Citigroup Inc., which received a $45 billion bailout.Wheeler said in his ruling it is undeniable that AIG would have collapsed...

http://chronicle.augusta.com/news/business/2015-06-15/judges-ruling-aig-bailout-
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
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'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
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
Costco makes deal with Visa, Citigroup

...16 years, the retailer is switching to Visa and will use Citigroup as its exclusive provider of co-branded credit cards.Q...its cards in force and 20 percent of its worldwide loans.Citigroup is also expected to take over the existing American Express...

http://chronicle.augusta.com/news/business/2015-03-02/costco-makes-deal-visa-cit
Citigroup CEO Pandit and president resign in surprising shake-up

Vikram Pandit, who steered Citigroup through the 2008 financial crisis...The move shocked Wall Street, and Citigroup offered no explanation. There had...immediately by Michael Corbat, 52, a Citigroup lifer who had been CEO of its Europe...

http://chronicle.augusta.com/news/business/2012-10-17/citigroup-ceo-pandit-and-p