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Registered Rep. January 27, 2009 Kristen French |
Citi: Suffering Some Serious "Jet Nag" The fancy corporate jet Citi ordered a few years back for 2009 has now been Cancelled. |
Registered Rep. January 9, 2009 |
Citi: What Sandy Built, Pandit Will Dismantle? The Wall Street Journal is reporting that Citigroup has put Smith Barney up for sale -- or a joint venture. |
Registered Rep. January 13, 2009 David Geracioti |
Citi, Morgan Stanley Agree To Form Joint Venture; Reps Will Receive Retention Bonus--Gorman Says: "We're Not Stupid" The combined retail brokerage units will become the largest financial services firm in the world and be a "force to be reckoned with." The combined entity will have more than 20,000 Financial advisors and an estimated $1.7 trillion in client assets. |
Registered Rep. April 29, 2008 |
Citi Hedge Fund Blow Up Hurts Clients--And Sends Advisors Packing While Smith Barney tries its darnedest to hold on to the money of its wealthy clients, it's also having a hard time keeping some of its best brokers. |
Registered Rep. April 6, 2009 John Churchill |
Citi Smith Barney Head, Michael Corbat, Now Head of "Bad Bank" Just over six months after he was named the new leader of Citi Global Wealth Management, Michael Corbat is bouncing to another post. Today, the firm named Corbat CEO of Citi Holdings. |
The Motley Fool September 18, 2009 Morgan Housel |
Citigroup Hates Its Profitable Assets With Smith Barney divested, shareholders may wonder where profits will come from. |
Registered Rep. June 1, 2009 David Geracioti |
Can You Say, "Morgan Stanley Smith Barney?" The Joint Venture Launches Today The deal merging Citi's brokerage (Smith Barney) with Morgan Stanley's Global Wealth Management Group is closed -- ahead of schedule. |
Registered Rep. September 22, 2008 John Churchill |
Sallie Krawcheck Out at Smith Barney Sallie Krawcheck, CEO of Citi's global wealth management division, and once considered a potential successor to the CEO role, is leaving the firm. |
The Motley Fool January 13, 2009 Morgan Housel |
The Future of Citigroup Two big events over the past few days have given investors new reasons to squirm. |
Registered Rep. January 12, 2009 Halah Touryalai |
Citi Grabs a Lifeline, Morgan Stages a Coup Despite a $45 billion capital injection from the government in 2008, Citi is in dire enough need of capital that it is planning to spin off its retail brokerage operation, Smith Barney, according to reports, in a joint venture with cross-town rival Morgan Stanley |
Registered Rep. June 18, 2003 Will Leitch |
Report: Citi, CSFB to Slash Investment Banking Jobs The market is up, the economic indicators are positive and life is happy and good, right? Not at Citigroup and Credit Suisse First Boston. |
The Motley Fool July 29, 2005 Tom Taulli |
Citigroup Nixes Weill's Deal Former CEO Sandy Weill gives up his plans to start a private equity firm so that he can keep his current company perks. |
Bank Systems & Technology November 17, 2008 Orla O'Sullivan |
Another Mass Layoff at Citi: 52,000 Jobs New York-based Citi revealed that it had lost $308 billion in assets in the twelve months since Sept. 2007. |
The Motley Fool July 17, 2009 Morgan Housel |
The Great Bank Earnings That Really Weren't Quarterly profits, and the beauty of one-time gains. |
BusinessWeek June 10, 2009 Maria Bartiromo |
Vikram Pandit of Citi: Man on a Tightrope Citigroup CEO Vikram Pandit discusses the pressure from Washington, repaying TARP money, and downsizing the behemoth Sandy Weill built. |
Registered Rep. March 3, 2008 Christina Mucciolo |
Krawcheck Says Advisors Not Forced Into Wealth Silos: UPDATE Citigroup's reorganization of its private bank and Global Wealth Management division, announced Tuesday, will absolutely not force advisors into silos based on client wealth. |
Registered Rep. March 7, 2011 Jerry Gleeson |
Morgan Stanley May Drop "Smith Barney" From Name Will the Smith Barney name go the way of A.G. Edwards, Bear Stearns, and other brokerages whose historic identities were sublimated following acquisitions by larger firms? |
Registered Rep. January 16, 2009 |
Citi's Global Wealth Mgt Unit: Retail Clients Flee; Merrill Drags Down Everybody knows that Citigroup announced yesterday it was putting itself out of its misery. The failing bank had a whopping $8.29 billion fourth-quarter loss, capping off a horrific year. |
Bank Systems & Technology March 20, 2009 Maria Bruno-Britz |
Citi's CFO Crittenden to Head Troubled Bank Unit Edward Kelly becomes the new CFO of Citi after the bank's Crittenden was named to lead its troubled Citi Holdings unit. |
The Motley Fool May 28, 2010 Rich Smith |
Dump This Bank! U.S. government sheds Citi shares by the billions, but in baby steps. |
The Motley Fool August 24, 2009 Morgan Housel |
Understanding Citigroup Citigroup's stock will be highly diluted when the preferred shares convert to common, and it has a lot of problems compared to other banks with similar market cap. |
Registered Rep. March 9, 2009 David A. Geracioti |
Trust An Advisor? The fallout from Bernie Madoff's alleged fraud on the financial advisory business might not disappear for a long while. |
BusinessWeek February 14, 2005 Mara Der Hovanesian |
Citi: A Whole New Playbook Citigroup CEO Chuck Prince is moving away from Sandy Weill's empire-building strategy. |
The Motley Fool July 21, 2008 Morgan Housel |
Strike Three for Citigroup Good news! Citigroup's results are much better than previous quarters. Not-so-good news: They're still utterly dreadful. |
The Motley Fool July 1, 2010 Rich Smith |
Keep Dumping This Bank! The U.S. bides its time when selling Citi shares. |
The Motley Fool January 14, 2011 Rich Smith |
Wall Street vs. Main Street: Does This Upgrade Make Sense? Citi pulls the trigger on General Dynamics. |
Registered Rep. January 21, 2009 |
Dropping Client Assets And Jet Fleets Citigroup, which reported a whopping $8.29 billion fourth-quarter loss on Friday, should take a harder look at its balance sheet. |
Registered Rep. October 5, 2009 Kristen French |
Citi Bank Brokerage Converts To All Fees Citigroup announced that it would convert its small North American bank brokerage business completely to a fee-on-assets-based fiduciary advice system, and would stop collecting commissions on stock and fund sales. |
Registered Rep. April 17, 2009 Halah Touryalai |
Smith Barney Losing Advisors, Client Assets But while Smith Barney is losing reps, it also appears to be recruiting heavily. |
Registered Rep. July 9, 2009 Churchill & French |
Smith Barney Loses Top Executive, CFO Program To Be Rebranded After just 7 months on the job, Chris di Bonaventura, head of the Citi Family Office group, handed in his resignation. |
The Motley Fool December 8, 2010 Rich Smith |
Big Brother Dumps Big Banking But that doesn't mean Citigroup won't go higher. |
Bank Systems & Technology February 27, 2009 Maria Bruno-Britz |
Citi and Federal Govt. Reach Agreement Over Ownership Question The deal would allow the feds to play a greater role in the company's operations. |
Registered Rep. February 14, 2011 Jerry Gleeson |
Citi's McWhinney Moves to Non-Advisor Unit Deborah McWhinney, president of personal banking and wealth management, will take over a newly-created position as head of global digital merchant acquiring. |
The Motley Fool November 3, 2009 Alex Dumortier |
Is There a $10 Billion Hole in Citi's Balance Sheet? Will the accountants come home to roost? |
U.S. Banker February 2002 |
Citigroup Thrives, While Chase Shrivels Citigroup is king -- of just about everything financial. For one thing, it has unseated Merrill Lynch & Co. from its 11-year reign as the nation's lead underwriter... |
Registered Rep. April 18, 2007 Halah Touryalai |
Chuck Prince: Smith Barney Goin' Nowhere Citigroup's CEO has been at the center of company news recently with his plans to cut costs including last week's announcement of about 17,000 job cuts. That cut may affect over 100 Smith Barney employees and about 30 advisors. |
U.S. Banker April 2002 |
Happy Trillion, Citi! It has become uncouth to talk about asset size. But we can't ignore a breathtaking milestone: Citigroup's total assets passed the $1 trillion mark at the end of 2001... |
Registered Rep. December 4, 2002 Rick Weinberg |
Weill Postpones Elimination of Salomon Name Sandy Weill, the chairman of Salomon Smith Barney's parent Citigroup, has informed brokers and other employees that plans to eliminate the Salomon name, a Wall Street hallmark for nearly a century, have been postponed, according to sources. |
BusinessWeek November 19, 2007 Roben Farzad |
In the Hot Seat--Again Why didn't Citigroup Director Mike Armstrong recognize the signs? |
The Motley Fool June 28, 2011 Morgan Housel |
Citigroup: One Step Toward the Stone Age, Another Toward Terrible Service By ending AutoPay, Citi ups the odds that customers will forget to make a payment, and thus incur large late penalties. |
Investment Advisor November 2009 James J. Green |
B/D Briefing: Citi Brokers Switch to Fees Citi Personal Wealth Management announces that the brokers who operate in Citibank branches will change their compensation models immediately from commissions to fees. |
Registered Rep. May 13, 2008 Nancy N. DiCostanzo |
Citi Plan Gets Whitney Smackdown Citigroup's turnaround plan gets a big thumbs down by an Oppenheimer analyst. |
The Motley Fool January 14, 2009 Morgan Housel |
R.I.P., Citigroup Citi is preparing to unveil a complete overhaul of the supermarket bank structure it pushed over the past decade, shifting its focus to "wholesale banking for large corporate clients and retail banking for customers in selected markets around the world." |
The Motley Fool January 17, 2007 Tom Taulli |
Citi or Citigroup? It Really Doesn't Matter Citigroup is, yet again, rebranding itself. Investors just want to see a compelling rationale that -- whatever the company is called -- it can still make its business work. |
BusinessWeek February 26, 2007 Mara Der Hovanesian |
The Real Scandal At Citi Is Citi using a high-level ouster and tabloid-style rumors to obscure the disarray and dismal returns of Chuck Prince's reign? |
The Motley Fool October 16, 2007 Emil Lee |
Not Pretty in the Citi Citi needs to regroup. The company should be fine, but a combined effort to restore order in the financial markets is likely the next step. Investors, take note. |
Registered Rep. April 1, 2010 Halah Touryalai |
Citi's Covert Makeover It's a major shift in business for an entire unit to leap in the fee-only RIA world. |
BusinessWeek September 5, 2005 Mara Der Hovanesian |
Chuck Prince's Citi Planning Citigroup's CEO has a strategy for the financial giant. Those who don't like it can quit. |
BusinessWeek November 19, 2007 Mara Der Hovanesian |
Can Citi Regroup? Investors want a Citigroup breakup, but the arguments against that are powerful. |
Financial Planning July 1, 2007 Ilana Polyak |
High Net Worth: The Jet Set A look at your options for private jet travel: buying a plane, fractional ownership, or chartering a flight. |