Topic: Citigroup Inc.
S&P Ratings cuts outlook on Citigroup
AP News
S&P Ratings cuts outlook on Citigroup to negative, affirms bank's ratingsStandard & Poor's Ratings Services on Tuesday cut its outlook on Citigroup Inc. to "negative" from "stable," saying the U.S. government appears increasingly likely to leave bond holders hanging in case of another bailout of ...
Citi in talks over $3 billion in car loans: report
Reuters US Online Report Business News
PHILADELPHIA (Reuters) - Citigroup Inc <C.N> has held talks with private equity groups and hedge funds over the sale of $3 billion in car loans in a move to clear troubled assets from its balance sheet, according to a report by the Financial Times. Citigroup is believed to ...
EMI parent seeking cash to avoid default
AP News
EMI parent seeks investor cash to avoid default on billions in Citigroup debtThe private equity firm that bought the recording label of the Beatles and Coldplay needs more cash from investors to avoid a possible foreclosure by Citigroup Inc. The problems for British financier Guy Hands were detailed in a ...
Citigroup to expand retail banking in Japan
AP News
After retreat, Citigroup set to expand again in Japan with 4 retail branchesCitigroup Inc. is ready to start growing again in Japan. The company said Tuesday it will open four retail branches this year, marking the banking giant's first expansion here since selling several of its Japanese finance businesses ...
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