Thursday, January 9, 2014

Business Day

Citigroup Inc.

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News about Citigroup Inc., including commentary and archival articles published in The New York Times.

ARTICLES ABOUT CITIGROUP INC.

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Disruptions: Coming in 2014: Extremely Smart Watches and Wearable TVs
Disruptions: Coming in 2014: Extremely Smart Watches and Wearable TVs

The new year may bring vast improvements in a variety of gadgets, including smart watches and prototypes of flexible TV screens that can be worn.

December 29, 2013, Sunday
Former Trader Pleads Not Guilty in Rate-Rigging Case
Former Trader Pleads Not Guilty in Rate-Rigging Case

Tom Hayes, a former trader at UBS and Citigroup, has been charged criminally in Britain and the United States in the scandal.

December 17, 2013, Tuesday
Citigroup Names New Board Member

Duncan P. Hennes, a former Bankers Trust and Soros Fund executive and a co-founder of the Promontory Financial Group, will join the board as an independent director.

December 11, 2013, Wednesday
Banks Fail to Comply With Parts of Mortgage Settlement, Report Says

Citibank, Bank of America and JPMorgan Chase missed goals that aimed to eliminate mistakes, misinformation and lengthy delays from the process of granting loan modifications.

December 5, 2013, Thursday
Quiet Boss at Citigroup Setting Tone for Wall Street
Quiet Boss at Citigroup Setting Tone for Wall Street

In an era of chastened Wall Street egos, Michael L. Corbat, the chief of Citigroup, has cultivated a workmanlike demeanor out of the spotlight.

December 01, 2013, Sunday
U.S. Investigates Currency Trades by Major Banks

Eric H. Holder Jr., the U.S. attorney general, says groups of traders from several major banks may have influenced currency benchmarks to benefit their employers.

November 14, 2013, Thursday
Rules Force Banks to Innovate for Survival
Rules Force Banks to Innovate for Survival

Despite the industry’s complaints of overbearing regulation, it has responded to a government overhaul by starting to innovate to maintain profits.

November 10, 2013, Sunday
Activism Is Going Global, Citi Warns Clients
Activism Is Going Global, Citi Warns Clients

In a new report for its corporate clients, the bank’s financial strategy and solutions group said that large war chests have activist hedge funds looking for new targets abroad.

October 31, 2013, Thursday
House, Set to Vote on 2 Bills, Is Seen as an Ally of Wall St.
House, Set to Vote on 2 Bills, Is Seen as an Ally of Wall St.

Legislation that would undercut new financial regulations is part of a campaign among Republicans and business-friendly Democrats against the Dodd-Frank Act.

October 28, 2013, Monday
Impasses May Slice Into Profits on Wall Street
Impasses May Slice Into Profits on Wall Street

Federal gridlock over the debt ceiling could adversely affect the bottom lines of big Wall Street banks and firms, a report by Thomas P. DiNapoli, the New York State comptroller, asserts.

October 22, 2013, Tuesday

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Multimedia

An Audacious Fraud

Business Day Live: The bizarre case of the derailed musical “Rebecca.” | How Citigroup’s board worked to replace Vikram S. Pandit. | The BlackBerry’s fall from grace as a status symbol.

Citigroup C.E.O. Steps Down

October 16, 2012 - Vikram Pandit resigns as chief executive of Citigroup.

A Surprising Departure

Business Day Live: Vikram Pandit resigns as chief executive of Citigroup. | “Glengarry Glen Ross” as a classroom text on business ethics. | How a loan relief plan may help well-off students the most.

In Chicago, a Test for Organized Labor

Business Day Live: What the teachers’ strike in Chicago means for organized labor. | Morgan Stanley’s deal with Citigroup for a brokerage.

Securities and Exchange Commission v. Brian H. Stoker

A copy of the lawsuit between the Securities and Exchange Commission and Brian Stoker, who was accused of negligence in preparing sales materials for a complex mortgage-related investment.

More Multimedia »

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