Citi

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  Citi Reports Record Revenue Led by International Transactions

  By Pallavi Gogoi, AP Business Writer  |  April 16, 2012

  The bank said Monday that it made $2.9 billion in the first three months of the year, or 95 cents per share, which includes a $1.3 billion accounting charge that Citi took because the value of its debt increased.

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  Citi Mulls Unloading Smith Barney Stake to Morgan

  By John Sullivan, AdvisorOne  |  March 22, 2012

  A Nomura Holdings analyst wrote in a letter to clients on March 22 that Citigroup executives indicated willingness to sell more than the scheduled 14% stake in Morgan Stanley Smith Barney if Morgan Stanley is interested.

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  For Big Banks, It’s a Case of Bill Gross vs. Gundlach, KBW, et al

  By Joyce Hanson, AdvisorOne  |  January 27, 2012

  In the case of Too Big to Fail vs. Market Expectations, it looks like negative market expectations are winning out against the big U.S. banks.

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  Investing With a Contrarian Conscience: Appleseed Fund Goes for Gold, Scraps Big Banks

  By Joyce Hanson, AdvisorOne  |  January 25, 2012

  When investors think of socially responsible funds, they think of windmills, herbal tea and other investments that sacrifice return for lofty goals. But look at 5-star Morningstar-rated Appleseed Fund, and think again.

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  Q4 Earnings: Citi Misses Earnings on Lower Results

  By Pallavi Gogoi, AP Business Writer  |  January 17, 2012

  At Citigroup, loans improved, but sales and profits–including those from its Morgan Stanley Smith Barney joint venture–declined year over year.

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  Spain’s Deficit May Be Even Higher: Economy Minister

  By Marlene Y. Satter, AdvisorOne  |  January 2, 2012

  Spain got more bad news on the second day of the New Year: its level of public debt may be even higher than the 8% of GDP predicted just Friday by its new government, according to its economy minister.

• Citigroup’s Vikram Pandit: Today ‘Fundamentally Different’ from 2008

  By John Sullivan, AdvisorOne  |  November 8, 2011

  Citigroup CEO Vikram Pandit said leverage brought on the crisis of 2008, while living with the consequences of a period of over-leveraging characterizes the market today, which he says is a fundamental difference between the two.

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  JPMorgan's Kelly: Housing Market Turnaround Is at Hand

  By Gil Weinreich, AdvisorOne  |  October 24, 2011

  After years of housing market decline that has weakened the economy and depressed consumer sentiment, a number of analyses are strongly suggesting that a turnaround in the beaten sector may finally be at hand.

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  New Hire Roundup: Murphy New FSC President/CEO; MSRB Taps New Officers, Board

  By Marlene Y. Satter, AdvisorOne  |  August 25, 2011

  This week in new hires, FSC named Jerry Murphy its new president and CEO, while MSRB announced new officers and members of its board.

• Spain Faces Further Ratings Cut, Moody's Warns

  July 29, 2011

  Moody's warned Friday that it might further reduce Spain's rating, currently at Aa2, citing the country's regional governments' inability to get their debt loads under control.