Citi's Corbat Builds Bridges with RegulatorsJanuary 07, 2013Citigroup's Michael Corbat has been meeting with bank regulators in his first months as CEO, as he looks to bolster relationships and finalize the bank's plan to return capital to shareholders.
Citi Fined $2 Mln By Massachusetts Over Facebook IPOOctober 26, 2012Massachusetts fined Citigroup
$2 million to settle charges that two bank analysts
improperly released confidential information about Facebook's
financials before the technology company went public.
Big Funds Seek to Rein in Pay at Wall Street BanksOctober 05, 2012As banking profits have declined much more than executive pay, mutual funds and pension plans are stepping up pressure for increased pay cuts and additional layoffs at many financial services firms.
IT Skills Shortage? Quit WhiningMarch 01, 2012If "people are our most important resource," why do most employers offer little training and expect employees to show up "gift wrapped?" To counter the trend, JPMorgan, Citi, BofA and others getting serious about training.
The Incredible Shrinking Data CenterJune 30, 2011Faced with cost pressures and a general decline in revenues, financial firms are turning to new technologies and strategies that are moving applications out of traditional data centers.
Citi Opens Operations Hub in SingaporeJuly 21, 2009Energy-efficient hub, Citi's center for ops and technology in the Asia Pacific, accommodates 2,000 staff and serves Citi businesses across 40 countries.
Still Stressed Over Bank Stress TestsJune 04, 2009Although investors greeted the results of the government's banking stress tests with cheers, were the tests strict enough to help prevent another financial meltdown?