Posts tagged: Citigroup Inc
May 5 (Bloomberg) -- Meredith Whitney , the banking analyst who forecast Citigroup Inc.’s dividend cut in 2008, said the nation’s largest banks are susceptible to another dip in the consumer-credit market.
Citi’s best results in 3 years
NEW YORK - CITIGROUP INC posted a US$4.43 billion (S$6.11 billion) first-quarter profit, its best result in nearly three years, as the economic recovery reduced the bank's credit losses and increased prices on even its worst assets. The results signal the bank is recovering and appear to vindicate Chief Executive Vikram Pandit, who a year ago was under pressure by some regulators to leave. But ...
Citigroup posts best results in 3 years
NEW YORK, April 20 — Citigroup Inc posted a US$4.43 billion (RM14.2 billion) first-quarter profit, its best result in nearly three years, as the economic recovery reduced the bank’s credit losses and increased prices on even its worst assets. The results signal the bank is recovering and appear to vindicate Chief Executive Vikram Pandit, who a year ago was under pressure by some regulators to ...
Citigroup posts best results in nearly 3 years
Citigroup Inc posted a $4.43 billion first-quarter profit, its best result in nearly three years, as the economic recovery reduced the bank's credit losses and increased prices on even its worst assets.
U.S. bank investors: Show me the money
Citigroup Inc , JPMorgan Chase & Co and Bank of America Corp may soon show compelling evidence that they have stopped the bleeding in terms of credit losses and loan writedowns.