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Published 11/20/2008 at BusinessWeek.com -- Finance
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Citi Weighs Its Options, Including Firm's Sale
online.wsj.com 11/21/2008 — Executives at Citigroup Inc., faced with a plunging stock price, began weighing the possibility of auctioning off pieces of the financial giant or even selling the company outright, according to people familiar with the matter. The internal ...
online.wsj.com 11/21/2008 — Executives at Citigroup Inc., faced with a plunging stock price, began weighing the possibility of auctioning off pieces of the financial giant or even selling the company outright, according to people familiar with the matter. The internal ...
All US Financials Will be Nationalized in a Year: Manager - Financials * Europe * News * Story
cnbc.com 11/21/2008 — It's not preferable, but all major U.S. financial companies will eventually be under government control because the alternative is so much worse, Hugh Hendry, chief investment officer at hedge fund Eclectica Asset Management, said Friday. "All ...
cnbc.com 11/21/2008 — It's not preferable, but all major U.S. financial companies will eventually be under government control because the alternative is so much worse, Hugh Hendry, chief investment officer at hedge fund Eclectica Asset Management, said Friday. "All ...
Alwaleed to Boost Citi Stake to 5%, Backs Pandit - Financials * Europe * News * Story
cnbc.com 11/20/2008 — Saudi Arabian financier and investor Prince Alwaleed bin Talal bin Abdulaziz Al Saud said Thursday he will boost his stake in Citigroup to 5 percent from 4 percent. For a brief moment, Citi shares traded higher on the move, but later shares reversed ...
cnbc.com 11/20/2008 — Saudi Arabian financier and investor Prince Alwaleed bin Talal bin Abdulaziz Al Saud said Thursday he will boost his stake in Citigroup to 5 percent from 4 percent. For a brief moment, Citi shares traded higher on the move, but later shares reversed ...
Credit Risk Rises on Citigroup Breakup Speculation
globaleconomicanalysis.blogspot.com 11/21/2008 — I have been saying for over a year that Citigroup would not survive in one piece. That option is looking increasingly likely as the Citigroup Board Weigh Options . Citigroup Inc.'s board meets today to discuss the bank's options after Chief Executive ...
globaleconomicanalysis.blogspot.com 11/21/2008 — I have been saying for over a year that Citigroup would not survive in one piece. That option is looking increasingly likely as the Citigroup Board Weigh Options . Citigroup Inc.'s board meets today to discuss the bank's options after Chief Executive ...
Funds
bloomberg.com 11/21/2008 — Financial Job Losses May Double to 350,000 by 2009 (Update1) By Philip Lagerkranser Nov. 21 (Bloomberg) -- The bloodletting in the financial- services industry will accelerate in coming months, with job cuts doubling to about 350,000 worldwide by ...
bloomberg.com 11/21/2008 — Financial Job Losses May Double to 350,000 by 2009 (Update1) By Philip Lagerkranser Nov. 21 (Bloomberg) -- The bloodletting in the financial- services industry will accelerate in coming months, with job cuts doubling to about 350,000 worldwide by ...
S&P Picks and Pans: Citigroup, General Motors, Suntech Power, Men's Wearhouse, Intuit — BusinessWeek.com -- Finance 11/20/2008
Job losses: When it gets personal — The Economist: Full print edition 11/20/2008
The downturn is now gripping the labour market FOR many Britons, especially workers and those looking for jobs, the past few days were when it all sank in. Falling GDP is one thing, a worry to be sure but still abstract. Lay-offs are another, ...
The downturn is now gripping the labour market FOR many Britons, especially workers and those looking for jobs, the past few days were when it all sank in. Falling GDP is one thing, a worry to be sure but still abstract. Lay-offs are another, ...
Citigroup: A supertanker in trouble — The Economist: Full print edition 11/20/2008
Captain Pandit cuts the crew, but Citigroup’s problems run deep WITH even the largest vessels now vulnerable to pirates, these are dangerous times for shipping. The same goes for financial supertankers such as Citigroup. Since taking the helm ...
Captain Pandit cuts the crew, but Citigroup’s problems run deep WITH even the largest vessels now vulnerable to pirates, these are dangerous times for shipping. The same goes for financial supertankers such as Citigroup. Since taking the helm ...
Business this week — The Economist: Full print edition 11/20/2008
Citigroup, which has recorded a loss in each of the past four quarters, said that it would cut 52,000 jobs, on top of the 23,000 already announced since the beginning of the year. The latest reduction will leave Citi with around 300,000 employees. ...
Citigroup, which has recorded a loss in each of the past four quarters, said that it would cut 52,000 jobs, on top of the 23,000 already announced since the beginning of the year. The latest reduction will leave Citi with around 300,000 employees. ...
Managing in the downturn: Desperately seeking a cash cure — The Economist: Full print edition 11/20/2008
Many firms urgently need more cash to boost their liquidity and to help ward off the economic ills AT FIRST glance Citigroup, a giant of American banking, and Wolseley, a British firm that makes building products, have little in common. The former ...
Many firms urgently need more cash to boost their liquidity and to help ward off the economic ills AT FIRST glance Citigroup, a giant of American banking, and Wolseley, a British firm that makes building products, have little in common. The former ...
