Citi Hires Freddie Mac Executive as Mortgage COO
Citigroup Inc. has snatched Freddie Mac executive Anthony Renzi to become the chief operating officer of its North American mortgage business, according to people familiar with the matter.
Dammit Pandit, we wanna talk to you
The river was deep but we swam it, Pandit.The future is ours so let’s plan it, Pandit.So please don’t tell me to can it, Pandit.I’ve one thing to say and that’sDammit,...
Meredith Whitney Isn’t ‘Running Into the Loving Arms of Citigroup’
Meredith Whitney would like to set the record straight: She does not love Citigroup. She barely even thinks about that place.
200 years of Vikram getting paid $1
An advisory vote, but still – Pandit’s pay pack only got 45 per cent shareholder approval in Dallas. US corporate governance on a roll lately (or is that diminished expectations?)....
Pandit Suffers Another Blow – Holders Vote Down Comp
Citigroup's Vikram Pandit is not having the best 2012. In news crossing the tape right now, Citi shareholders have voted down the company's executive compensation plans at the bank's annual meeting in Dallas.
Pandit: Capital Plan Likely Will Be Resubmitted By Mid-June
Vikram Pandit says Citigroup intends to go back to the Fed soon, but it may not be new.
Citi and second liens
Three’s a trend — Citi’s joined JP Morgan and Wells Fargo in reclassifying home equity (junior lien mortgage) loans as bad assets this quarter.From a footnote in its Q1 results:...
Citigroup ‘Executing According to Plan’ — Nomura
Citigroup's mixed first quarter is "well rounded" according to Nomura analyst Glenn Schorr.
Citi Investment Bank Gets Boost From FICC Revenues
The investment banking results continue to look strong in the first quarter. Citi today reports revenues in securities and banking up 6% from last year to $6.65 billion and more than double the fourth quarter, when losses from changes in the valuations of its own debt are eliminated.
A Review of the Citigroup Prediction on US Energy
Gasoline prices remain high, and Reuters recently noted that there are enough countries with civil unrest, technical problems, and bad weather with around a million barrels a day of possible supply that are not getting to the market. Yet with Saudi Ara...
KKR Hires Singh to Grow KKR India PE
Kohlberg Kravis Roberts has hired Tashwinder Singh, a Citigroup official, as its director to grow KKR’s private equity and non-banking finance operations in India, writes Reuters. Singh has been with Citigroup for 18 years. Reuters – Kohlbe...
