Citigroup News on Daylife

Chinese banks 'may need billions'

Wed, 25 Nov 2009 20:27:51 GMT

Chinese banks may need to raise billions of dollars in the next few years as massive lending erodes their capital and leaves them vulnerable to bad debts, a pair of research reports has warned.
Source: The Age

Fitch Publishes U.S. CMBS Focus Report on CGCMT 2007-C6

Wed, 25 Nov 2009 19:28:14 GMT

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has published its U.S. CMBS Focus Performance Report on Citigroup Commercial Mortgage Trust, series 2007-C6 (CGCMT 2007-C6).
Source: Street Insider

Citigroup bullish on continuing its expansion across mainland

Wed, 25 Nov 2009 17:46:17 GMT

CITIGROUP Inc will continue to invest in China by pioneering new technology to grow its personal banking services, a senior company official said yesterday in Shanghai.
Source: Shanghai Daily

Middle Eastern Stocks to `Catch Up' to Emerging Markets, Citigroup Says

Wed, 25 Nov 2009 17:30:39 GMT

Nov. 25 (Bloomberg) -- Middle East and North Africa stocks will “catch up” with gains in other emerging markets because of rising oil prices, higher dividend yields and rebounding economies, Citigroup Inc. said.
Source: Bloomberg.com

VPRT, CLCT, IFON are Biggest Services Stocks Gainers

Wed, 25 Nov 2009 17:24:13 GMT

VistaPrint NV (NASDAQ:VPRT) soars 5.19% to $52.86 after Citigroup upgraded Vistaprint to Buy from Hold with a $62 price target.
Source: TransWorldNews

Citi Recommends Stocks in Qatar, UAE, Egypt; Believes Middle East Will 'Catch Up' to Emerging Markets

Wed, 25 Nov 2009 16:44:08 GMT

This morning, analysts at Citigroup have recommended investors take a look at stocks in Qatar, the United Arab Emirates and Egypt.
Source: Street Insider

Which MegaBank Will Need to Raise Capital?

Wed, 25 Nov 2009 15:30:29 GMT

David Gardner called it. He’s up 1,334%! See what David’s recommending that you buy NEXT. Bank share investors need to remain alert.
Source: Motley Fool

Analyst upgrades, downgrades and initiations: VPRT, EV, HPT, NRG, GTE, BNHNA, VAR, ITRI and FARO

Wed, 25 Nov 2009 15:12:01 GMT

Citigroup upgraded Vistaprint (VPRT) to buy from hold on valuation following the recent pullback in shares. The firm also raised its price target on the stock to $62 from $55.
Source: Blogging Stocks

Quoted in 'Reflation Issues Heat Up'

Sat, 21 Nov 2009 15:40:09 GMT

said in Safehaven:

Debt sold by Citigroup Inc., Goldman Sachs Group Inc. and JPMorgan Chase & Co. is among the $450 billion of securities that Moody's... said it may downgrade. Some 775 hybrid and subordinated notes issued by 170 'bank families' in 36 countries are on review after Moody's altered the assumptions it uses to rate the debt...

2008-07-22 CitiGroup and NAB

Fri, 20 Nov 2009 18:55:32 GMT

Quoted in 'AP source: Citi scaling back to N.Y., Bay Area, 4 other markets'

Thu, 24 Sep 2009 15:47:42 GMT

Citigroup said in The San Jose Mercury News:

Customers, not products, are driving Citi's strategy for North America consumer banking, and we understand we have a great deal to do to improve the overall customer experience. We're on a very significant journey to make it simpler, more rewarding, and highly transparent to bank with us.

Photo from Reuters Pictures

Thu, 13 Aug 2009 18:19:44 GMT

A man stands outside a Citi bank branch in New York August 13, 2009.

Photo from AP Photo by Business Wire

Tue, 05 May 2009 00:00:00 GMT

Former Citigroup CTO Andrew Jordan joins Complinet as Chief Information Officer.