The chairman of Citigroup, Sanford I. Weill, earned $4.3 million by exercising options on 561,760 shares of the company two days ago, the company said in filings with the Securities and Exchange Commission. Mr. Weill's gain was almost …
The business continues to show signs of stress. The stock is down 47% just this year so far. And the company's losses continue to mount, prompting Citigroup to split itself into two companies. Standard & Poor's stock analyst Stuart …
This $7.5 billion investment from ADIA was going to convert in a little over two years into approximately 235 million publicly traded common shares of Citigroup stock, diluting all other shareholders. Despite these facts which called for maximum ...
Instead, they converted the $25 billion in bailout bucks they had already given Citigroup into stock that investors will be able to buy. The Treasury Department also got big private investors, including the government of Singapore and Saudi …
NEW YORK (Reuters) - Citigroup Inc (C.N) may at some point right itself, but its single-digit share price reflects what investors deem reality: it may not be soon. The bank’s shares fell this week below $9, touching a 13-year low, as fears …
WASHINGTON -- The Treasury Department said Monday that its first sales of Citigroup stock will cover up to 1.5 billion shares. That would amount to about 20 percent of the 7.7 billion shares of Citigroup common stock that the government …
Shares of Citigroup Inc., once the most powerful U.S. bank, fell below $1 a share Thursday. The stock fell to 98 cents in late morning trading, down 15 cents or 14.2% from Wednesday. New York-based Citi has lost more than 85% of its …
BEIJING, PEOPLE'S REPUBLIC OF CHINA – From my vantage point here in Beijing this week, I find my mind drifting this morning closer to home and specifically back to Citigroup Inc. (C). Most retail investors purchase shares in a company …
NEW YORK, Nov 19 (Reuters) - Citigroup Inc (C.N) faced a crisis of confidence on Wednesday as investors questioned the survival prospects of the U.S. banking giant, and its shares tumbled 23 percent to a 13-year low. The second-largest …
(Disclosure: I serve, uncompensated, on the private, nonprofit Systemic Risk Council founded by Ms. Bair.) Citigroup’s stock was up 1.6 percent on Tuesday, as shareholders responded positively to the announcement – and perhaps to the …