Citigroup Inc
NYSE: C
$69.00
+$0.24 (+0.3%)
Closing Price on November 18, 2024
C Articles
Vikram Pandit, CEO of Citigroup (C), should be so lucky as to have Wells Fargo (WFC) steal the buyout of Wachovia (WB) from him. Citi has gone into court asking $60 billion in damages because it...
Published:
Last Updated:
According to Reuters, US markets fell to five-year lows. Reuters writes that Wells Fargo (WFC) could end up with over 75% of Wachovia;s (WB) deposits. Reuters reports that Morgan Stanley’s (MS)...
Published:
Last Updated:
According to Reuters, Bank of America (BAC) reported weak earnings and cut its dividend. Reuters reports that Wells Fargo (WFC) and Citigroup (C) agreed to drop litigation for now and negotiate over...
Published:
Last Updated:
Wachovia Corp. (NYSE: WB) shares were halted for "NEWS PENDING" because of an announcement coming out of Citigroup (NYSE: C). The Citi and Wells Fargo (NYSE: WFC) war may be heating up above and...
Published:
Last Updated:
A sword was brought, and Solomon ordered,"Cut the baby in half! That way each of you can have part of him." 2 Chronicles 1.1-1.3 If Vikram Pandit at Citigroup (C) had not screwed up the purchase of...
Published:
Last Updated:
According to Reuters, regulators around the world are trying to shore up the banking system. Reuters reports that the Fed is trying to broker a deal for whether Citigroup (C) or Wells Fargo (WFC)...
Published:
Last Updated:
Now that Citigroup (C) has botched its takeover of Wachovia (WB) it hopes to turn to the US court system to be its savior. Wells Fargo (WFC) moved in under the cover of night and got Wachovia to...
Published:
Last Updated:
Warren Buffett of Berkshire Hathaway Inc. (NYSE: BRK-A) just told CNBC that the bailout plan was "no panacea" but that it will help avoid a total disaster. Whether it will be a big help remains to...
Published:
Last Updated:
Citigroup Inc. (NYSE: C) has finally issued a statement on the interruption of its Wachovia Corp. (NYSE: WB) buyout. Citi is saying that Wachovia’s agreement to a transaction with Wells Fargo...
Published:
Last Updated:
Vikram Pandit has been the CEO of Citigroup (C) for ten months. The only thing he has done right is collect $216 million in compensation. Much of that was for the sale of his company Old Lane...
Published:
Last Updated:
Wachovia Corp. (NYSE: WB) is now in play as Wells Fargo (NYSE: WFC) has come out with an alternative merger deal in a stock for stock merger offer for all of Wachovia including all banking...
Published:
Last Updated:
According to Reuters, the credit crisis has sharply increased the chances of a deep recession. Reuters reports that the fall in the stock market is pushing investors into safe investments like...
Published:
Last Updated:
Wachovia Corporation (NYSE: WB) has just resumed trading after its FDIC-led Citigroup Inc. (NYSE: C) "take-under" came in. By now you’ve already heard enough about the merger news and how ugly...
Published:
Last Updated:
Now that the Congress has voted against the Treasury bailout and the Dow has dropped700 points, the important question is whether they system can save itself before the market moves toward 9,000....
Published:
Last Updated:
Wachovia Corporation (NYSE: WB) is the newest big bank that is being taken over in a government-sponsored deal. Citigroup (NYSE: C) is acquiring the bulk of the bank’s assets and liabilities in...
Published:
Last Updated: