List
of articles tagged as Citigroup
Obama sought to put his imprint on efforts to stem the turmoil as he introduced his economic team.
Wednesday, November 26, 2008 justsamachar.com
(
Foreign Affairs
)
CHICAGO: With the financial crisis looming as a priority of his term, U.S. President-elect Barack Obama sought to put his imprint on efforts to stem the turmoil as he introduced his economic team on Monday, nominating Timothy F. Geithner as Treasury Secretary and Lawrence H. Summers to head the White House Economic Council.
By naming a team deeply experienced in dealing with financial crises — Mr
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CHICAGO
Barack-Obama
U.S.
Timothy-F.-Geithner
Citigroup
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Comments | Submitted by : monsoon
The head of Citigroup's securities business in India, Brian Brown, is leaving the firm he worked fo
Wednesday, November 26, 2008 timesofindia.indiatimes.com
(
Business
)
MUMBAI: The head of Citigroup's securities business in India, Brian Brown, is leaving the firm he worked for over eight years. Citi's
spokesperson for India operations told TOI it was company's policy not to comment on individual departures.
Other than Brown's departure from Citi, there were also talks in the market that other employees from the equity sales department of Citi's stock broki
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MUMBAI
Citigroup
India
Brian-Brown
TOI
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Comments | Submitted by : sharekhan
Citigroup is planning to retrench 50,000 workers and instead will launch a $400 million ad campaign.
Wednesday, November 26, 2008 ibnlive.in.com
(
Business
)
New York: Banking giant Citigroup, despite of the US government’s bailout is planning to retrench 50,000 workers and instead will launch a $400 million ad campaign.
As part of the ad campaign, Citi erected giant orange signs from every major highway surrounding the ballpark in Queens, New York. US Congressmen who heckled the big three of the auto industry for arriving on private jets to request a
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New-York
Citigroup
US-government
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Comments | Submitted by : corporate
Noble Prize Winner in Economics, on the bailout of Citigroup by the incumbent US government.
Tuesday, November 25, 2008 www.dnaindia.com
(
Business
)
MUMBAI: “Amazing how much damage the lame ducks can do in the time remaining.”
— Paul Krugman,
Noble Prize Winner in Economics, on the bailout of Citigroup by the incumbent US government.
America’s cup of woes is spilling over, rather messily, with its long-venerated financial institutions suddenly faced with obliteration and forced to seek a bailout.
Citigroup, the latest in a list getting lo
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MUMBAI
Paul-Krugman
Citigroup
US-government
America
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Comments | Submitted by : sharekhan
The benchmark Sensex soared by about 280 points in the opening trade.
Tuesday, November 25, 2008 www.mid-day.com
(
Stock market
)
Mumbai: The benchmark Sensex soared by about 280 points in the opening trade after global markets staged a stellar rally following the bailout of troubled banking giant Citigroup by the US government.
The Bombay Stock Exchange barometer, which had closed flat on Monday, surged by 279.68 points or 3.14 per cent at 9,182.80 in the early trade with all sectoral indices trading in the positive zone.
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Mumbai
Sensex
global
Citigroup
US-government
Bombay
Asian-markets
stocks
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Comments | Submitted by : sharekhan
Oil prices fell below $54 a barrel in Asia after surging overnight.
Tuesday, November 25, 2008 profit.ndtv.com
(
Stock market
)
Oil prices fell below $54 a barrel on Tuesday in Asia after surging overnight as investors mulled whether a U.S. government bailout of Citigroup Inc. restores enough confidence to staunch crude's 64 percent slide since July.
Light, sweet crude for January delivery was down 61 cents to $53.89 a barrel in electronic trading on the New York Mercantile Exchange by midday in Singapore.
The contract
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Asia
U.S.-government
Citigroup
New-York
stock-markets
Europe
David-Moore
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Comments | Submitted by : sharekhan
The Indian rupee rose to its strongest in almost a week, supported by higher stock markets.
Tuesday, November 25, 2008 justsamachar.com
(
Stock market
)
Mumbai: The Indian rupee rose to its strongest in almost a week on Tuesday, supported by higher stock markets and a weaker dollar overseas.
At 10:25am, the partially convertible rupee was at Rs49.92/93 per dollar, 0.3% above Monday’s close of Rs50.09/10. In early trade, it strengthened to Rs49.70, its strongest since 19 November.
The rupee had hit a record low of Rs50.60 on 20 November.
Indian
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Mumbai
Indian
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dollar
US-government
Citigroup
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Comments | Submitted by : sharekhan
The markets are trading higher following a rally on Wall Street after the Citigroup bailout.
Tuesday, November 25, 2008 profit.ndtv.com
(
Stock market
)
The markets are trading higher following a rally on Wall Street after the Citigroup bailout. The benchmark index Sensex is up over 2 per cent while the Nifty has jumped 57 points.
In the currency markets, the rupee is trading below 50 to a dollar.
“The markets are witnessing a short term rally and the Sensex could rebound to 9200-9600. There is still a lack of long term participation in equity m
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Citigroup
index
Sensex
Deven-Choksey
BSE
markets
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Comments | Submitted by : sharekhan
Wall Street is showing some early relief over the government's plan to bail out Citigroup Inc.
Tuesday, November 25, 2008 www.hindustantimes.com
(
Stock market
)
Wall Street is showing some early relief over the government's plan to bail out Citigroup Inc.
Stocks are rising in the first minutes of trading, extending a big rally from Friday. Investors are hoping the government's plan to inject $20 billion into Citigroup and guarantee $306 billion in risky assets will address some of the uncertainty hounding the financial sector.
The market is also a lit
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Citigroup
government
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Obama
Dow-Jones
indexes
Stocks
market
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Comments | Submitted by : corporate
Two years ago, Citigroup Inc was worth several times the entire family of Indian banks.
Tuesday, November 25, 2008 www.hindustantimes.com
(
Business
)
The turmoil in the global financial market is turning to be a leveller of sorts.
Two years ago, Citigroup Inc was worth several times the entire family of Indian banks. On Monday, it joined the list of iconic — yet collapsing — banks trying to stay afloat on government money, and now it's worth less than the combined market value of State Bank of India and ICICI Bank.
Citi's shares slumped 60
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market
Citigroup
Indian
ICICI-Bank
crore
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Comments | Submitted by : corporate
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