GO
Loading...

Citigroup Inc

More

  • Analysts See Subprime Losses Reaching $400 Billion Monday, 12 Nov 2007 | 9:23 AM ET

    Banks worldwide may lose as much as $400 billion from subprime mortgages, as at least one in four of the risky home loans go into default, analysts said on Monday.

  • US Banks Agree on Superfund Structure: WSJ Monday, 12 Nov 2007 | 8:11 AM ET

    The three largest U.S. banks have agreed on the structure of a $100 billion super fund designed to help unblock the credit markets, the Wall Street Journal reported Monday, citing people familiar with the situation.

  • Citigroup Strong Despite Ratings Downgrades: CEO Sunday, 11 Nov 2007 | 11:52 AM ET

    A downgrade of Citigroup's  nearly pristine credit ratings will not impede its "thriving" business, new acting Chief Executive Win Bischoff wrote in an internal memo to employees sent Saturday.

  • Citigroup's Charles Prince Will Get $40 Million Friday, 9 Nov 2007 | 1:47 PM ET
    Citigroup's former CEO Charles Prince will take home roughly $40 million as he retires from the company.

    Citigroup, the largest bank in the United States, said on Thursday that its former Chairman and Chief Executive, Charles Prince, will take home roughly $40 million as he retires from the company.

  • Wachovia, Capital One Say Credit Conditions Worsen Friday, 9 Nov 2007 | 9:45 AM ET
    A Wachovia branch bank.

    Wachovia said Friday it suffered a $1.1 billion loss on subprime mortgage-related debt in October, while Capital One Financial said more customers are having trouble paying their bills as the U.S. credit crisis deepened.

  • The Bottom For Banks? Thursday, 8 Nov 2007 | 6:48 PM ET

    Bank stocks stopped the slaughter and mounted a dramatic rebound Thursday with Morgan Stanley rising and Citigroup paring its losses. Can these financial giants regain their footing or is there more carnage to come?

  • Market Under Control Of Momentum Traders Thursday, 8 Nov 2007 | 4:38 PM ET

    What do you make of a day like today? What do you make of it when the Dow moves in 250 point range from top to bottom, then moves almost all the way back at the close? What do you make of a stock like Citigroup, which trades in a 10% RANGE IN A SINGLE DAY?

  • Fed's Balancing Act On Rate Cut Getting Tougher Thursday, 8 Nov 2007 | 4:17 PM ET
    Federal Reserve Chairman Ben Bernanke.

    Ben Bernanke’s latest assessment of the economy shows the Fed’s job of balancing  inflation with a slowing economy is more difficult than ever, leaving policymakers undecided on further rate cuts.

  • Credit Crunch May Last Longer Than Thought Thursday, 8 Nov 2007 | 1:25 PM ET

    Falling real estate prices, massive bank write-downs and a quickening drumbeat of slashed credit ratings adds up to one thing: The credit crunch has only just begun.

  • Calmer Day on Wall Street ahead of Bernanke Thursday, 8 Nov 2007 | 8:18 AM ET

    Stocks are striking a much-improved tone after Wednesday's high energy selloff, as investors await testimony this morning from Fed Chairman Ben Bernanke. Monthly chain store sales and some big earnings could also influence direction.

  • Morgan Stanley Sees $2.5 Billion Earnings Hit Wednesday, 7 Nov 2007 | 8:06 PM ET
    Morgan Stanley

    Morgan Stanley on Wednesday said it has suffered a $3.7 billion loss stemming from its U.S. subprime mortgage exposure, which it expects will reduce fourth-quarter earnings by about $2.5 billion.

  • Doing Good, Doing Well Wednesday, 7 Nov 2007 | 10:47 AM ET

    Money isn't the only thing that's green at Wells Fargo.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • ING Profit Boosted by ABN Stake Sale Wednesday, 7 Nov 2007 | 3:54 AM ET

    Dutch financial services group ING reported a 47 percent rise in third-quarter net profit, helped by the sale of its stake in ABN Amro and said it expected a further 1 billion euros ($1.45 billion) of investment gains.

  • SocGen Profit Drops, Says Markets Not Back to Normal Wednesday, 7 Nov 2007 | 3:11 AM ET

    Societe Generale, France's second-biggest listed bank, posted an 11.5 percent fall in third-quarter net profit, bang in line with forecasts, due mainly to lower earnings in corporate and investment banking.

  • Winners & Losers: Retailers Rule Tuesday, 6 Nov 2007 | 5:58 PM ET

    Rising oil prices have not stopped consumers from going to the mall.  Retailer Guess is enjoying a 15% surge in their stock price. The clothing company reported better than expected revenue.

  • Market Story Today: Weak U.S. Dollar Tuesday, 6 Nov 2007 | 4:39 PM ET

    Market leaders like metal and energy and tech stocks got help from financials today--that hasnt happened in a long time. But the big story was the weak dollar, which helped push gold, silver, and oil to new highs. Commodity stocks like precious metals, steel, and iron ore also surged.

  • Stocks Close With Strong Gains As Energy, Tech Rally Tuesday, 6 Nov 2007 | 4:27 PM ET

    Stocks ended higher as record oil prices boosted shares of Exxon Mobil and other energy producers, while technology shares rallied on optimism ahead of Cisco's earnings.

  • Wall Street Is Pressing Fed For More Rate Cuts Tuesday, 6 Nov 2007 | 3:42 PM ET
    Ben Bernanke

    It's been less than a week since the Federal Reserve hinted it was done lowering interest rates. Yet Wall Street is already clamoring for yet another cut.

  • Citigroup Names Stuckey to Head Subprime Unit Tuesday, 6 Nov 2007 | 1:01 PM ET

    Citigroup on Tuesday named Richard Stuckey, who helped stabilize the Long-Term Capital Management hedge fund, to fix a troubled subprime mortgage portfolio expected to cause a fourth-quarter loss for the largest U.S. bank.

  • Citigroup Threw Troubled Funds a $7.6 Billion Lifeline Tuesday, 6 Nov 2007 | 12:05 PM ET

    Citigroup, which faces rising losses from the global credit crisis, said it provided $7.6 billion of financing to off-balance sheet investment funds that have had trouble funding themselves recently.

Most Popular Video

Thursday, 17 Apr 2014 | 12:00 PM ET

CNBC's Josh Lipton and Allison+Partners Head of Digital Jeremy Rosenberg discuss what Microsoft needs to do to boost Xbox One sales as PS4 sales break the 7 million mark.

Thursday, 17 Apr 2014 | 4:13 PM ET

Dissecting today's market activity and the current state of financials, with Yra Harris, Praxis Trading partner; Larry Glazer, Mayflower Advisors; CNBC contributor Carol Roth; "Fast Money" Guy Adami and CNBC's Kate Kelly.

Thursday, 17 Apr 2014 | 5:46 PM ET

CNBC voice over talent Jim Birdsall shares the top 5 sayings from traders on "Fast Money" over the years.