Posts tagged: Citigroup Inc

Whitney Says Consumer Credit to Decline, Hurting U.S. Banks

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.

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