Citigroup News

A senior Citigroup Inc executive said the bank is comfortable with its valuation for an asset that one accounting expert expects to be written down.

Citigroup executive Eric Eve has resigned from ACORN's phony, allegedly independent advisory panel, a move that removes one of the few people on the panel who could even remotely claim to actually be independent.

Philip van Doorn TheStreet.com Published on Tuesday, Nov. 10, 2009 10:07AM EST A select group of bank stocks are paying outsized dividends and remain values while their larger peers are in danger of topping out in the stock-market rally.

Warren Buffetta s Berkshire Hathaway Inc. forecast a profit at its NetJets Inc. unit, which may get a boost as corporations spend more on transportation and business travelers shun company-owned aircraft.

BARRIE McKENNA Published on Tuesday, Nov. 10, 2009 12:00AM EST Last updated on Tuesday, Nov.

A fast-growing Chinese IT consulting and outsourcing company is set to open in San Francisco, reflecting the country's increasing competitiveness in a market space long dominated by India.

Citi Smith Barney and Raymond James Financial Services Inc. have won major arbitration claims involving institutional and individual clients seeking tens of millions of dollars in restitution for the purchase of auction rate securities.

U.S. taxpayers may have to share in the losses on $301 billion of Citigroup Inc.

It's a, well, golden opportunity. Investor Jim Rogers thinks gold will double to at least $US2,000 an ounce.

Financial service major Citigroup is planning to relaunch Citi Alternative Investments, a unit that contains its hedge fund operations, a media report said.

Citigroup Inc said on Friday that new accounting rules for securitization trusts may prevent the bank from funding some of its assets with a top debt rating.

The Federal Reserve met privately with top banking officials at JP Morgan Chase , Citibank , Goldman Sachs , Morgan Stanley and others on Monday to discuss new compensation rules and to urge the bailed-out banks to begin their compensation reform plans immediately, even before the Federal Reserve finalizes its compensation reform rules.

Citigroup Inc. filed plans for an initial public offering of its Primerica Inc. life insurance unit late Thursday, and said it will sell the rest of the unit after it goes public.

The federal health official in charge of immunization and respiratory diseases said Friday that swine flu vaccine should be distributed through many outlets, including workplace clinics, to get it to high-risk people as quickly and efficiently as possible.

Hoping to encourage bankers and managers to stay, Citigroup began dispensing several million stock options this week to more than a quarter of its workers in a way that could result in a sizable gain for them.

In a much expected move, the Wall Street Journal reported that Citgroup Inc. released plans to spin off its Primerica Inc.

Barclays Plc and Nomura Holdings Inc. , which never ranked among the top 10 merger advisers worldwide in the past decade, are luring hundreds of bankers as competitors cut jobs and cap bonuses under government pressure.

John S. Reed , who helped engineer the merger that created Citigroup Inc. , apologized for his role in building a company that has taken $45 billion in direct U.S. aid and said banks that big should be divided into separate parts.

Citigroup Inc. plans to sell shares of Primerica Financial Services, one of the banka s original businesses, through an initial public offering.

Some of New York Citya TMs largest employers a ' including Wall Street firms Goldman Sachs and Citigroup a ' have started receiving some doses of swine flu vaccine.