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John Gerspach

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  • Business

Citigroup cutting 11,000 jobs, taking $1 bln in charges

Citigroup Inc said it is cutting 11,000 jobs worldwide, delivering the first of what investors expect to be a new series of steps to shrink the bank down to a more manageable and profitable......

HDFC stake sale:Citi records $160-mn pre-tax gains

Citigroup has earned a pre-tax profit of $160 million by selling 1.5 per cent of its stake in Housing Development Finance Corporation.The foreign bank had earlier pared its holding in the housing......

FIR against Vikram Pandit in Citi fraud case

The local police on Tuesday registered an FIR naming Indian-born global CEO of the bank Vikram Pandit and 10 other officials in the Rs 300-crore (Rs 3 billion) Citibank fraud case. The fraud at the......

Citi posts $7.6 billion loss in Q4

Banking behemoth Citigroup has reported a loss of $7.6 billion for the three months ended December 2009, mainly on account of expenses related to repayment of bailout funds. However, Citi's......

Citi chief Vikram Pandit's pay stays at $1

Citigroup chief executive Vikram Pandit will take home a salary of only $1 this year. He had in January said that he would accept only $1 as pay till the bank turned in profits. He will also not......

Top Coverage News


World Test Championship 2023

India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

Manipur's Tragedy

Here are news, updates and coverage from violence hit Manipur.

IPL 2023

Complete coverage of IPL 2023

Sri Lanka's Tour of India 2023

Complete Coverage of Indian cricket team's encounter with Sri Lanka during 3rd Jan - 15th Jan 2023.

GUJARAT, HIMACHAL GO TO POLLS

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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