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Citigroup aims to sell $400 billion of assets
PHILADELPHIA (Reuters) - Citigroup Inc , the largest U.S. bank, said on Friday it aims to shed $400 billion of assets -- nearly 20 percent of its total -- over the next two to three years to become more efficient and profitable.
(Reuters) - May 9, 10:31 pm
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REFILE-WRAPUP 2-Citigroup aims to sell $400 billion of assets
(Refiles to correct spelling of Citigroup CEO's first name in
paragraph 2)
(Adds details throughout, adds analysts' comments)
PHILADELPHIA, May 9 (Reuters) - Citigroup Inc , the largest U.S. bank, said on Friday it aims to shed $400 billion of assets -- nearly 20 percent of its total -- over ...
(Reuters) - May 9, 10:23 pm
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Lebanon's "B3" credit rating reflects turmoil-Moody's
NEW YORK, May 9 (Reuters) - The takeover of the Muslim half of Beirut by the Iranian-backed Lebanese group Hezbollah on Friday reflects heightened political tensions in the country but is already accounted for in the nation's low credit rating, Moody's Investors Service said.
(Reuters) - May 9, 10:23 pm
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Oil over $126, new peak for 5th straight day
LONDON (Reuters) - Oil prices leapt to a new peak of more than $126 a barrel on Friday, hitting a record for the fifth straight session, in a market given an additional spur by tight supplies of diesel.
(Reuters) - May 9, 10:09 pm
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Clear Channel posts weaker-than-expected profit
NEW YORK (Reuters) - Clear Channel Communications Inc posted a weaker-than-expected quarterly profit on Friday and the U.S. radio station operator said it was unclear whether a proposed buyout would be completed.
(Reuters) - May 9, 10:06 pm
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UPDATE 2-Mylan posts bigger loss after charges; shares fall
NEW YORK, May 8 (Reuters) - Drugmaker Mylan Inc on Thursday reported a wider first-quarter loss due to lower U.S. sales of generic medicines and special charges, although overall revenue more than doubled after a recent acquisition.
(Reuters) - May 9, 10:06 pm
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Pakistan c.bank expects forex inflows of $3.5 bln
KARACHI, May 9 (Reuters) - Pakistýn should expect foreign inflows of up to $3.5 billion in the short to medium term which would help stabilize the rupee, said the central bank chief said on Friday after the currency fell 3.5 percent.
(Reuters) - May 9, 10:05 pm
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Turkish April cash deficit 4.655 billion lira
(Reuters) - May 9, 10:05 pm
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Citigroup aims to sell $400 billion of assets
PHILADELPHIA, May 9 (Reuters) - Citigroup Inc , the largest U.S. bank, said on Friday it aims to shed $400 billion of assets -- nearly 20 percent of its total -- over the next two to three years to become more efficient and profitable.
(Reuters) - May 9, 10:00 pm
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Citigroup to shed $500B in assets
Citigroup Inc. said Friday it aims to shed about $500 billion in assets and grow revenue by 9 percent over the next few years, as it tries to rebound from massive losses tied to deterioration in the mortgage and credit markets.
(AP
) - May 9, 9:56 pm
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| Earlier Stories: |
| China producer price index up 8.1 pct
(AP
) - May 9, 9:55 pm |
| India's UB, Heineken discuss new accord post S&N
(Reuters) - May 9, 9:54 pm |
| Oil hits record highs above 126 dollars
(AFP
) - May 9, 9:54 pm |
| Stocks open lower as AIG reveals need for cash, oil surges
(AP
) - May 9, 9:53 pm |
| China hopes to avoid full WTO dispute on information-diplomats
(Reuters) - May 9, 9:51 pm |
| Wall Street falls at open after AIG loss
(Reuters) - May 9, 9:50 pm |
| US STOCKS-Wall Street falls at open after AIG loss
(Reuters) - May 9, 9:45 pm |
| Pakistan stops export of sterling, euros and dirhams
(Reuters) - May 9, 9:45 pm |
| New Issue-TMCC prices 150 mln Brazilian real 2010 bond
(Reuters) - May 9, 9:40 pm |
| FOREX-Dollar falls as risk aversion rises
(Reuters) - May 9, 9:36 pm |
| U.S. crude futures jump more than $2, above $126
(Reuters) - May 9, 9:36 pm |
| Inflation rises again in India: govt figures
(AFP
) - May 9, 9:27 pm |
| Circuit City to let Blockbuster conduct diligence
(Reuters) - May 9, 9:25 pm |
| Oil nears $126 per barrel ahead of US driving season
(AP
) - May 9, 9:11 pm |
| NSE Wholesale Debt Market Trades-May 9
(Reuters) - May 9, 9:06 pm |
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