Read more Smith Barney stories on Newserhttp://www.newser.com/taggrid/28493/smith-barney.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 14:22:22 CSThttp://www.newser.com/story/52883/citigroup-paid-employees-13m-for-scrapped-resort-trip.html?utm_source=syn&utm_medium=rss&utm_campaign=tagCitigroup employees whose jaunts to the Bahamas were canceled amid scrutiny of the bailed-out bank's spending were paid $13 million in compensation for the scrapped getaway, insiders tell Bloomberg. Sales agents—all 1900 of them—who had been scheduled to stay at a swanky resort were paid $5,000 each,...http://www.newser.com/story/52883/citigroup-paid-employees-13m-for-scrapped-resort-trip.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 10 Mar 2009 5:07:44 CDThttp://www.newser.com/story/48111/citi-posts-83b-loss-prepares-to-split-in-two.html?utm_source=syn&utm_medium=rss&utm_campaign=tagCitigroup lost $8.29 billion in the fourth quarter—twice as much as expected—as the credit crisis continues to batter big banks, Bloomberg reports. The bank suffered a net loss of $1.72 per share, falling far short of analysts’ estimates. Citigroup, which lost 77 percent of its trading...http://www.newser.com/story/48111/citi-posts-83b-loss-prepares-to-split-in-two.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 16 Jan 2009 7:52:24 CSThttp://www.newser.com/story/47882/citi-to-shrink-by-a-third-back-to-pre-merger-size.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSay goodbye to the Citigroup empire. When the company releases its earnings next week, it'll also unveil a drastic plan to slice away businesses until it’s roughly two-thirds of its current size, the Wall Street Journal reports, and looks much like Citicorp did before the merger that created Citigroup. After...http://www.newser.com/story/47882/citi-to-shrink-by-a-third-back-to-pre-merger-size.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 14 Jan 2009 8:16:00 CSThttp://www.newser.com/story/47828/citi-morgan-stanley-merge-brokerages.html?utm_source=syn&utm_medium=rss&utm_campaign=tagRumors of Citigroup’s plan to merge its brokerage unit with that of Morgan Stanley have proven true, as both companies’ boards approved the move today, CNBC reports. Morgan Stanley will control 51% of the joint venture between its operation and Citi’s Smith Barney. Observers see Stanley’s option to increase its...http://www.newser.com/story/47828/citi-morgan-stanley-merge-brokerages.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 13 Jan 2009 17:32:12 CSThttp://www.newser.com/story/47779/stockbrokers-in-high-demand-on-back-to-basics-wall-st.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWith investment bankers and trading desks disgraced by crippling losses, the everyday stockbroker is enjoying a renaissance as Wall Street firms look to stay relevant to customers and investors, the Wall Street Journal reports. The likely deal between Morgan Stanley and Citigroup that would create the world’s largest brokerage unit...http://www.newser.com/story/47779/stockbrokers-in-high-demand-on-back-to-basics-wall-st.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 13 Jan 2009 12:56:00 CSThttp://www.newser.com/story/47700/stocks-edge-down-ahead-of-earnings.html?utm_source=syn&utm_medium=rss&utm_campaign=tagStocks moved lower at today’s open as traders held their collective breath ahead of what’s expected to be a dismal earning season, the Wall Street Journal reports. The Dow was down 50 points recently, to 8,548, while the S&P and Nasdaq dipped 0.95% and 0.78% respectively. All...http://www.newser.com/story/47700/stocks-edge-down-ahead-of-earnings.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 12 Jan 2009 9:04:14 CSThttp://www.newser.com/story/47660/morgan-stanley-near-3b-deal-for-smith-barney.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMorgan Stanley is close to a deal giving it control of Citgroup’s Smith Barney business and creating the world’s largest retail brokerage, reports Reuters. The joint venture would give Morgan 51% of Smith Barney for up to $3 billion. In addition to the cash, Citi would benefit from the ability...http://www.newser.com/story/47660/morgan-stanley-near-3b-deal-for-smith-barney.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 12 Jan 2009 7:09:13 CSThttp://www.newser.com/story/23451/citigroup-will-pay-33m-to-settle-gender-bias-suit.html?utm_source=syn&utm_medium=rss&utm_campaign=tagCitigroup will pay $33 million to some 2,500 female brokers to settle a gender-discrimination lawsuit brought by women at its Smith Barney unit, Reuters reports. The bank will also make operational changes in response to the class-action move, adding diversity-watchdog positions, working to retain and promote female workers and...http://www.newser.com/story/23451/citigroup-will-pay-33m-to-settle-gender-bias-suit.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 04 Apr 2008 16:44:40 CDT