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.

Although the credit card business is going through a transition, the head of Citigroup's card business said he hopes to further expand the card operation here. Paul Galant, the New York-based CEO of Citi Cards, held a town hall meeting last week with 500 employees at the Sioux Falls campus of Citibank South Dakota and met with representatives of organizations receiving grants from the company ...

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 ...

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 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.