Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Through Citicorp and Citi Holdings, Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

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Morgan Stanley also on the up

Morgan Stanley HQ

Morgan Stanley, owner of the world’s largest brokerage, reported earnings that beat analysts’ estimates as profit from that business rose to a record and fees from investment banking reached a three-year high.

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Pulling Hair

7 top firms, 7 problems, errors or set-backs

No less than 7 top firms have gone / are going through difficulties of one kind or another - and that's in addition to the 'normal' issues banks are having related to regulation, capital requirements and the malaise in fixed income.

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Confusion Reigns Over Citi's Next Top Job

James Forese, the popular head of securities and banking at Citigroup, was offered the chance to become the bank’s President and COO shortly after the surprise resignations of Citi’s CEO and President and Chief Operating Officer, Vikram Pandit and John Havens, according to someone familiar with the matter.

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