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.


Goldman ban prompts Citigroup review

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Citigroup will review its conflict-of-interest policy for investment bankers after Goldman Sachs Group Inc. barred some employees from owning individual securities, said a person with direct knowledge of the matter.

Citi CEO bank earnings to be steadier

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Banks will probably generate more reliable profits, though not at the high levels preceding 2008’s crisis, as firms adapt to new rules and pressure to cut risk, Citigroup Inc. Chief Executive Officer Michael Corbat said.

Barclays, BofA, Citi, others accused

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Barclays, Bank of America, Citigroup and 10 other banks were accused in a lawsuit of conspiring to manipulate ISDAfix, a benchmark used to set rates for interest rate derivatives and other financial instruments.



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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Citi to pay allowances for limiting bonuses

Citigroup has told senior staff in Europe that they would receive fixed monthly pay in addition to their salaries in an attempt to compensate for rules that limit bonuses to up to twice the level of base salaries, the Financial Times reported, citing several people.

Barclays, Citi, Goldman, HSBC, Lehman, Morgan Stanley

The Guardian reports that Barclays' plan to pay executives and senior staff bonus awards in 'cocos' (contingent convertible bonds) has hit a snag, as institutional shareholders are said to have expressed concerns that the structure could end up being lucrative for the bankers, but cost investors too much money.