Citi Better Hike Its Dividend, or the Prince Will Start Asking
Prince Alwaleed expects Citigroup to start paying a higher dividend imminently.
Citi Mulls Further Cuts
Citigroup Inc may consider further restructuring of its securities and banking unit if the business does not see meaningful revenue recovery over the course of 2012, Chief financial officer John Gerspach said on a conference call, wrote Reuters. Citi’s securities and banking unit includes investment banking, private equity and hedge fund operations.
Reuters - Citigroup Inc...
Oil and Gas Pacing the 2012 M&A Market
Oil and gas deal-making is on fire so far this year, leading all sectors as a target for mergers and acquisitions, Dealogic says.
Citigroup’s Vikram Pandit Awarded $3.8 Million in Stock
It's payday time on Wall Street. And the first big bank chieftain to disclose part of his 2011 payday is Citigroup CEO Vikram Pandit.
Citigroup Earnings Miss: Wall Street React
Investors are punishing Citigroup for its fourth-quarter earnings miss. And Wall Street analysts are not pleased, either.
Citi results disappoint
Hey, we said the top line might be ugly.Here’s a quick roundup of the major items hurting revenues and earnings from Citi’s release on Tuesday, including the relevant excerpts:...
Citi’s revenue EMphasis
For those following the US bank earnings play by play (and you’re about to have a busy week), here’s an interesting take from Nomura on something specific to look for...
Morgan Stanley Smith Barney’s Value May Have Shriveled By 30%
Credit Suisse estimates Morgan Stanley Smith Barney's market value is $15 billion, a decline of more than 30% since the brokerage joint venture was formed, as market headwinds have weighed on its performance.
Pandit’s big idea
FT Alphaville has intercepted a recent phone call between banks and their regulators!!!Regulators: “We’re going to revise the capital adequacy framework and increase...
Citigroup Has Won Some Fans
Institutional investors have long shunned Citigroup, stung by astronomical losses and massive dilution of their ownership by a string of capital raises and government aid. But Citigroup is winning some of them over.
SEC Says Judge Rakoff Made ‘Legal Error’ in Citigroup Case
The SEC is steaming mad at their courtroom scoldings at the hands of Judge Jed Rakoff. And they're taking their case to a higher legal power.
