Citi has struggled to keep the rate of expense growth below the rate of revenue growth.
Citi is a fundamentally different company today than at the beginning of the financial crisis.
Citi denied the claims, but said it agreed to the settlement to "eliminate uncertainties".
But during the giddy precrash era, that track record gave little pause to Citi or others.
Bondholders claimed that Citi not only misrepresented its exposure to mortgage-backed assets, but also understated losses on loans.
But Safrin said in court papers his signature had been forged, and Citi halted its lawsuit against him.
Citi, Bank of America and JPMorgan will now control 30% of all U.S. deposits among themselves.
Citi stepped in earlier this month with an equity infusion into Ameriquest, another struggling lender.
And without the ability to do a big acquisition, Citi is plowing money into stock repurchases.
Because of the sheer magnitude of assets at Citi, Pandit will have to move more slowly.
Citi is meanwhile planning to raise its minimum balance requirements and monthly maintenance fees come December.
At Citi, the losses, and the pressure on the board, have been far more dramatic.
David Wright hit his first home run at Citi Field this year leading off the seventh.
The Mets lost their fifth in a row and eighth straight at Citi Field.
They popped up a key bunt, pitched poorly and lost their seventh straight at Citi Field.
More specifically, he has been criticized for not keeping Citi away from the fire.
With the price adjustment, Citi maintained its buy rating on the Chadds Ford, Pennsylvania based company.
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Citi, for example, offers real-time treasury actions across 90 countries where it has a presence.
She and Prince have emphasized that Citi needs to spend to maintain its competitiveness.
Citi shares are down 5% while Morgan Stanley shares are down a whopping 8%.
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Citi has been faced with questions about shrinking the bank to increase value for shareholders.
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Citi economists in July made one of the most dire predictions of the situation in Greece.
Citi expects the split to take place after trading has closed on May 6, 2011.
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Citi and AIG posted net income up 27% and 9% annualized over the past three years.
Since the Mets had moved into Citi Field in 2009, yearly attendance has dropped by 19.2%.
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The result: Citi shares are selling at a somewhat steep 5.3 times this adjusted book value.
Citi gives an additional 1%-5% cash back when you shop at their online partners.
Sir Win Bischoff, Chairman of Citi Europe will serve as acting Chief Executive Officer.
Take them out of the equation and you find Citi going for four times operating earnings.
Flexcube's predecessor was a more primitive "bank in a box" that Citi coders developed.
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