Citigroup

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Citigroup Gets Creative to Boost Card Use

TheStreet.com - Fri Nov 20, 5:40 pm ET

Citigroup is offering rebates on interest rate charges to some of its credit card customers if they meet certain usage minimums.

News Stories

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Could Citi’s Bet on EMI Come Out All Right?
New York Times - Fri Nov 20, 4:56 am ET
Citigroup stopped dancing to the music of the credit boom shortly after it backed the leveraged buyout of EMI , the British music company, in 2007.
Want lower credit card interest? Keep spending, Citi says
USA Today - Fri Nov 20, 5:07 pm ET
For Citibank credit card holders, there is one way to escape the bank's rate hikes currently underway: Meet a monthly spending requirement.
For Citi, Less Sting From a Painful Bet
New York Times - Thu Nov 19, 8:35 pm ET
If Terra Firma were to let EMI default on its debts, Citigroup could offer the company to Warner, which has long coveted the music label.
Merck KGaA Cut To Hold From Buy At Citi
Fox News - Fri Nov 20, 3:45 am ET
Merck KGaA Cut To Hold From Buy At Citi
Citi hires BofA exec for wealth unit post
AP via Yahoo! News - Thu Nov 19, 2:34 pm ET
Citigroup Inc. said Thursday it named a former Merrill Lynch executive, Steve Bodurtha, as managing director and head of investments for Citi Private Bank in North America.
Citi Hires Bodurtha to Run Investments
Financial Planning.com - Fri Nov 20, 12:38 pm ET
Citigroup Private Bank tapped Steve Bodurtha, formerly head of institutional retirement, philanthropy and investments at Bank of America/Merrill Lynch, to run investments for North America.
To lower interest rates, Citi customers must spend
AP via Yahoo! News - Fri Nov 20, 1:06 am ET
For Citibank credit card holders, there is one way to escape the bank's rate hikes currently under way: Meet a monthly spending requirement.
Celanese to Present at 2009 Citi Basic Materials Conference on December 1
Business Wire via Yahoo! Finance - Fri Nov 20, 5:00 pm ET
DALLAS----Celanese Corporation , a leading, global chemical company, today announced that Sandra Beach Lin, corporate executive vice president, and Roeland Polet, vice president, Ticona Engineering Polymers, will address investors at the 2009 Citi Basic Materials Conference in New York on Tuesday, December 1, 2009, at 10:15 a.m.
Buyout Shops Said to Circle Citi’s Auto Loan Unit
New York Times - Thu Nov 19, 6:26 am ET
Private equity firms are reportedly kicking the tires on Citigroup ’s auto-loan business. According to The New York Post, the Blackstone Group , along with other big buyout shops, has held informal talks with the struggling bank about acquiring the unit, known as CitiFinancial Auto.
H.J. Heinz Company to Participate in the 2009 Citi's Food Fest - 1st Annual Food Manufacturing Conference
Business Wire via Yahoo! Finance - Fri Nov 20, 3:45 pm ET
PITTSBURGH----H.J. Heinz Company announces its participation in the 2009 Citi's Food Fest - 1st Annual Food Manufacturing Conference on Thursday, December 3, 2009 at 8:55 a.m. Eastern time to present an overview of the Company and its Emerging Markets businesses, including its growth strategy.
Citigroup's Credit Card Changes
KRBC Abilene - Fri Nov 20, 9:51 am ET
Citigroup has started to update its credit card policies.
GE, Vivendi make progress on NBC Universal
Reuters via Yahoo! News - Fri Nov 20, 7:33 pm ET
General Electric and Vivendi are moving closer to a deal on NBC Universal, with Vivendi agreeing to accept payment for just one-third of its stake until a related deal with Comcast closes, according to a source familiar with the situation.
Israeli fund-raiser at Citi Field angers Palestinian rights group
YourNabe.com - 3 minutes ago
A Manhattan-based group supporting Palestinian rights in the bitterly contested West Bank of Israel is turning its sights on the New York Mets after the organization agreed to host a fund-raising dinner at it’s Caesar’s Club restaurant for a group that supports Israeli settlers in the same area.
Final Glance: Finance companies
AP via Yahoo! Finance - Fri Nov 20, 5:50 pm ET
NEW YORK (AP) -- Shares of some top finance companies were mixed at the close of trading: Bank of America rose $.01 or .1 percent, to $16.09. Citigroup fell $.06 or 1.4 percent, to $4.20. JPMorgan Chase fell $.09 or .2 percent, to $42.46.
Citi hires BofA head to lead investment unit
AP via Yahoo! Finance - Thu Nov 19, 1:45 pm ET
Citigroup Inc. said Thursday it named a former Merrill Lynch executive, Steve Bodurtha, as managing director and head of investments for North America.