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Paulson, the billionaire hedge fund manager who had his worstyear on record in 2011, sold his entire stakes in Citigroup and Bankof America in the fourth quarter – before the shares rallied.Paulson & Co. , which owned $643 million worth of Citigroup at...
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49 other attorney generals. Pruitt has defended his decision to opt out of the multistate $25 billion settlement between the states and five major lenders accused of unfair foreclosure practices. Pruitt's office crafted its own $18.6 million settlement...
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"Given the strong base effect, we expect headline inflation to continue to print lower in the 6.5-7.6 per cent range in the next few months against the 9 per cent plus levels seen over the last two years," Citi Investment Research & Analysis said in...
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Like the recently departed William Daley and Rahm Emanuel, Jacob Lew "made his millions while passing through the revolving doors that lie between the Democratic Party and Wall Street," said Daily Caller reporter Neil Munro. The fund Mr. Lew managed...
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DELHI: Inflation is likely to be in the range of 6.5-7.6 per cent during next few months and the moderation is expected to prompt the Reserve Bank to cut policy rates by 100 basis points during 2012, according to global finance major Citigroup. "Given...
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“In general, I think the dedicated handheld devices are going to be an immaterial source of revenue for the publishers,” said Neil Doshe, who covers game publishers for Citigroup. Game makers are more focused on “online, subscription-based premium”...
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"Given the strong base effect, we expect headline inflation to continue to print lower in the 6.5-7.6% range in the next few months against the 9% plus levels seen over the last two years," Citi Investment Research & Analysis said in its report 'India...
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Al Lewis You probably weren't invited when Citigroup celebrated employees who hid the most shoddy and fraudulent mortgages from the Federal Housing Administration.It's one thing to throw a party like this before 2008, when sticking the government with...
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WINNERS MICHAEL KORS A smashin’ Fashion Week for luxury retailer; Q3 earnings are twice what was expected. BRIAN ROBERTS Comcast CEO tunes in better-than-expected quarter; shares get raves. JEFFREY KATZENBERG DreamWorks Animation CEO closes China deal...
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The LME index of aluminum, zinc, copper, tin and lead has climbed 8.7 percent this year. The LME, owned by its members including Goldman Sachs Group Inc. , Barclays Plc and Citigroup Inc. , handled $15.4 trillion of contracts last year. “We didn’t put...
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It reported a $16.7 million loss on total yearly revenue of $83.3 million. Both loss and revenue were up in percentage terms from 2010. The share sale will involve many of Wall Street’s regulars in IPO, including investment banks Goldman Sachs,...
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Universal will argue before the European Commission that the deal makes sense as the music industry reels from the impact of digital piracy and tumbling CD sales. It is also pledging to boost investment in artists and retain EMI’s historic Abbey Road...
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Reserve Bank” and other securities, some for one billion dollars, were also shown. US bond traders took a light-hearted view of the news. “If there’s that much less supply now, Treasuries should be rallying,” joked Kevin Flanagan, fixed-income...
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A partial guarantee of $1.46 billion in loans for Desert Sunlight, a 550-megawatt power plant in Riverside County, Calif. The loans are partially guaranteed by the Department of Energy, and are being funded by an investor group led by Goldman Sachs...
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"Given the strong base effect, we expect headline inflation to continue to print lower in the 6.5-7.6 per cent range in the next few months against the 9 per cent plus levels seen over the last two years," Citi Investment Research & Analysis said in...
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(NYSE: C) increased their earnings per share (EPS) estimates on shares of General Motors (NYSE: GM) in a research note issued on Saturday. They currently have a “buy” rating and a $36.00 price target on the company’s shares. Separately, analysts at...
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Research reiterated an “outperform” rating on shares of DaVita in a research note to investors on Friday. They now have a $103.00 price target on the stock. Analysts at Nomura (NYSE: NMR) reiterated a “neutral” rating on shares of DaVita in a research...
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Separately, analysts at Citigroup (NYSE: C) upgraded shares of Oceaneering International to a “buy” rating in a research note to investors on Monday, February 13rd. Analysts at Goldman Sachs (NYSE: GS) upgraded shares of Oceaneering International from...
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Separately, analysts at UBS AG (NYSE: UBS) raised their price target on shares of V.F. from $152.00 to $165.00 in a research note to investors on Friday. They now have a “buy” rating on the stock. Analysts at Jefferies Group (NYSE: JEF) raised their...
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Some suggest that investors should allocate entirely to bonds, not just because bonds are safer, but because they believe bonds will outperform stocks over the long run. In other words, if bonds can deliver higher returns with less risk, what's the...
About Citigroup
Wikipedia
Citi Private Bank provides personalized wealth management services for affluent clients who include many entrepreneurs, families, and senior corporate executives. With 90 offices in 58 cities in 31 countries, it is one of the world's most global private banks. Full Article
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Citigroup Inc. stock prices are seen on a screen inside the NASDAQ building at Times Square in New York January 17, 2012. Citigroup Inc fourth-quarter profit fell 11 percent and missed Wall Street estimates as the European debt crisis battered capital markets, hurting trading revenue...
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People walk beneath a logo of Citigroup in Tokyo, in this file photo taken April 20, 2009. Citigroup Inc is cutting 4,500 jobs worldwide, Chief Executive Vikram Pandit said on December 6, 2011, becoming the latest large bank to trim staff. The cuts are equal to about 2 percent of Citi's...
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Citigroup India head Pramit Jhaveri speaks during the Reuters India Investment Summit in Mumbai November 22, 2011. Citigroup expects to boost its loans and deposits growth in India by about a fifth in each of the next two years, Jhaveri said, as the U.S. bank enhances its focus on...
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NEW YORK, NY - NOVEMBER 21: Citigroup chairman Richard Parsons attends Nespresso Press Room at the 39th International Emmy Awards at the Hilton New York on November 21, 2011 in New York City.
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NEW YORK, NY - NOVEMBER 21: (L-R) Citigroup chairman Richard Parsons, Zee Entertainment Chairman Subhash Chandra, British actress Archie Panjabi, and International Academy of Television Arts & Sciences President Bruce Paisner pose at Nespresso Press Room at the 39th International Emmy Awards...
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Christopher Culhane works at the post that handles Citigroup on the floor of the New York Stock Exchange Tuesday, Nov. 1, 2011. Worries that a planned Greek referendum could scuttle a plan to resolve Europe's debt crisis rattled markets Tuesday morning. Stocks indexes plunged in the...
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Citigroup head of public sector Guy Harrington speaks during an industry conference in the capital Abuja October 20, 2011.
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A Citibank sign is seen at a bank branch in midtown Manhattan, New York, in this file picture taken November 17, 2010. The China unit of Citigroup Inc said on February 6, 2012, it has received regulatory approval to issue credit cards in China becoming the first non-Asian bank to be...
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NEW YORK, NY - OCTOBER 12: CEO of Citigroup Vikram Pandit speaks during the FORTUNE Breakfast & Conversation with Vikram Pandit, CEO, Citigroup at TIME Building on October 12, 2011 in New York City.
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Reuters Pictures
Citigroup Chairman Richard Parsons (L), UC Berkeley Haas School of Business Professor Laura D'Andrea Tyson (C) and council chairman, General Electric CEO Jeffrey Immelt, attend a meeting of U.S. President Barack Obama's Council on Jobs and Competitiveness at the International Brotherhood...
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Reuters Pictures
Citigroup CEO Vikram Pandit (L) shakes hands with Rich Spillenkothen after speaking at the Bretton Woods Committee International Council conference in Washington, September 23, 2011.
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Citigroup CEO Vikram Pandit departs the stage after speaking at the Bretton Woods Committee International Council conference in Washington, September 23, 2011.
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Reuters Pictures
Citigroup CEO Vikram Pandit makes remarks at the Bretton Woods Committee International Council conference in Washington, September 23, 2011.
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Gary Foster (C), a former vice president of Citigroup Inc, exits a United States federal courthouse with his lawyers after being charged with embezzling more than $19 million from the company's accounts in New York June 27, 2011.
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ST. PETERSBURG, RUSSIA - JUNE 17: Vikram Pandit, Chief Executive Officer of Citigroup (USA) attends the St. Petersburg International Economic Forum (SPIEF) on June 17, 2011 in St. Petersburg, Russia. Global business leaders have gathered in Russia for the three-day conference.
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RUSSIA - JUNE 16: Carlos Miguel Gutierrez, Vice Chairman of Citigroup's Institutional Clients Group, attends the St. Petersburg International Economic Forum (SPIEF) on June 16, 2011 in St. Petersburg, Russia. Global business leaders have gathered in Russia for the three-day conference...
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Reuters Pictures
Citigroup Chairman Dick Parsons (L) and musician Jimmy Buffett arrive at Apollo Theater's Spring Gala Benefit honoring Stevie Wonder in New York City June 13, 2011.
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Reuters Pictures
Dick Parsons, Chairman of Citigroup arrives at Apollo Theater's Spring Gala Benefit honouring Stevie Wonder in New York City June 13, 2011.
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AP Photo
Citigroup CEO Richard Parsons stands with Stevie Wonder at the Apollo Theater's annual spring gala honoring Stevie Wonder in New York on Monday, June 13, 2011.
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NEW YORK, NY - NOVEMBER 21: (L-R) Zee Entertainment Chairman Subhash Chandra, British actress Archie Panjabi, and Citigroup chairman Richard Parsons pose at Nespresso Press Room at the 39th International Emmy Awards at the Hilton New York on November 21, 2011 in New York City.
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Tobias Levkovich, Chief U.S. Equity Strategist for Citigroup, speaks during the Reuters 2011 Investment Outlook Summit in New York, June 7, 2011.
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Subhash Chandra of India (2nd L), Chairman of Zee Entertainment Enterprises Ltd and the Essei Group of Companies, recipient of The Directorate Award, stands with presenter British actress Archie Panjabi (2nd R), Richard Parsons (L), Chairman of Citigroup, and Bruce Paisner (R), President...
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AP Photo
Archie Panjabi, center, presented the International Emmy Directorate Award to Subhash Chandra, left, chairman of India's Zee TV, and Citigroup Chairman Richard Parsons at the 39th International Emmy Awards, on Monday, Nov. 21, 2011 in New York.
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Reuters Pictures
Citigroup Chief Executive Officer Vikram Pandit speaks during a visit to a School of Management during the International Economic Forum in St.Petersburg, in this June 5, 2009 file picture. Citigroup Inc has awarded Pandit over $16.6 million in deferred compensation plus stock options as...
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Citigroup Chief Executive Officer Vikram Pandit speaks during the opening of a new branch in Hong Kong, in this February 3 2010 file picture. Citigroup Inc will award Pandit over $16.6 million in deferred compensation, plus stock options, as a retention bonus, according to a regulatory...
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Reuters Pictures
Citigroup Inc. stock prices are seen on a screen inside the NASDAQ building at Times Square in New York January 17, 2012. Citigroup Inc fourth-quarter profit fell 11 percent and missed Wall Street estimates as the European debt crisis battered capital markets, hurting trading revenue...
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