nymag.com - 23 days ago
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Citigroup is set to relaunch the unit that oversees all of its hedge fund operations — Vikram Pandit's old stomping grounds — but one of the biggest problems is picking a name for the damn thing. Citi Alternative Investments, as it's called now, is in need of a new start after underperforming ...
nytimes.com - 28 days ago
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nytimes.com —
OVER the past 80 years, the United States
government has engineered not one, not two, not three,...
but at least four rescues of the institution now known as Citigroup . In previous instances, the bank came back from the crisis and prospered. Will ...
(more)
Can Citigroup Carry Its Own Weight?
ft.com - 23 days ago
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ft.com —
By Henny Sender and Francesco Guerrera in New
York Published: November 6 2009 00:01 | Last updated:...
November 6 2009 00:01 Citigroup is poised to relaunch the unit containing its troubled hedge fund operations after nearly two years of poor ...
(more)
Citi to relaunch troubled hedge fund unit
baselinescenario.com - 27 days ago
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baselinescenario.com —
“Our distinctiveness is we connect the world better
than anyone else. We have a great capability of...
building a business around that. And we are in the process of building a culture around that.” That’s Vikram Pandit on his company, Citigroup, as reported in The New York Times . What ...
(more)
CEO Statements That Should Make You Worry
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Friday links: the risk trade
Abnormal Returns —
... even though its credit ratings are dropped due to the Burlington Northern (BNI) deal. (Bloomberg)
What will Warren Buffett’s eventual successor do with the soon to be acquired Burlington Northern? (Abnormal Returns)
Second time is a charm? Citigroup (C) plans to relaunch its hedge fund operations. (FT, Dealbreaker, Daily Intel)
Working on Wall Street means never having to ...
Citigroup Eyes Relaunch of Hedge Fund Unit, Report Says
DealBook —
... only problem facing Citigroup executives is what to name the unit, which has $14 billion of assets under management. The Financial Times, citing people close to the situation, said that the company was looking to change the name to Citi Capital Advisors. Some of the unit’s executives wanted to drop the Citi name all together, but others feared that droppig te bank’s name would suggest that Citigroup was looking to get rid of the unit. Go to Article from The Financial Times » Go to Article from New York magazine »
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Citi Said to Eye Relaunch of Hedge Fund Unit
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The Citi Deal: This Changes Nothing
optionarmageddon.ml-implode.com 3/2/2009 —
Treasury and Citi announced their deal this morning by which the government and other preferred stockholders will convert their shares to common equity. No more money is being spent by the government, but shareholders are having their stakes cut ...
Retail Traders Bet On Citigroup Recovery
economicdiscourse.com 4/3/2009 — When Citigroup was trading somewhere around $1 a share, my friend made an interesting proposition. He asked me if I would rather buy one share of Citi or purchase an item off of the McDonald’s dollar menu. The opportunity didn’t last very long, as Citigroup shares didn’t spend ...