Read more Citibank stories on Newserhttp://www.newser.com/taggrid/7911/citibank.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 12:20:18 CSThttp://www.newser.com/story/74730/fed-prods-banks-for-tarp-repayment-plans.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe government is stepping up plans to wind down the TARP program. The Fed has asked nine banks stress-tested earlier this year, including Bank of America and Citigroup, to come up with plans to repay a total of $142 billion in TARP funds. The move represents an evolution in the...http://www.newser.com/story/74730/fed-prods-banks-for-tarp-repayment-plans.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 24 Nov 2009 11:47:25 CSThttp://www.newser.com/story/72322/50-pay-cuts-for-bailout-execs-due-today.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe Treasury Department today is expected to order seven companies that have not paid back last year's US government bailouts to halve their top executives' average compensation. The cuts apply to the 25 highest-paid executives at banks and other companies that received the most assistance, with salaries being slashed by...http://www.newser.com/story/72322/50-pay-cuts-for-bailout-execs-due-today.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 22 Oct 2009 9:40:58 CDThttp://www.newser.com/story/72023/in-switch-real-economy-hits-big-banks.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThose concerned about the nation’s banks should forget about the “softly, softly policy” of the Obama administration that has allowed Goldman Sachs to go back to business as usual in spectacular fashion. The real problem, Paul Krugman writes, is banks like Citi and Bank of America that are still floundering...http://www.newser.com/story/72023/in-switch-real-economy-hits-big-banks.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 19 Oct 2009 9:49:00 CDThttp://www.newser.com/story/71272/top-wall-street-execs-have-direct-line-to-geithner.html?utm_source=syn&utm_medium=rss&utm_campaign=tagA look at Timothy Geithner's phone calendars show the Treasury secretary has maintained close ties with Wall Street executives he has known for years. Executives at Goldman Sachs, JPMorgan, and Citigroup can reach the nation's most powerful economic official at will. While there's nothing inherently wrong with keeping tabs on...http://www.newser.com/story/71272/top-wall-street-execs-have-direct-line-to-geithner.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 08 Oct 2009 18:22:18 CDThttp://www.newser.com/story/70632/dylan-album-out-early-if-youve-got-a-citi-card.html?utm_source=syn&utm_medium=rss&utm_campaign=tagCitibank rewards customers will have first dibs on Bob Dylan’s first-ever Christmas album. The lucky cardholders will be able to download Christmas in the Heart online during the week before Oct. 13, when it goes on sale to the general public. An exec tells Reuters the offer will have “high...http://www.newser.com/story/70632/dylan-album-out-early-if-youve-got-a-citi-card.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 30 Sep 2009 10:20:08 CDThttp://www.newser.com/story/62695/in-lieu-of-bonuses-citi-gives-i-bankers-50-raises.html?utm_source=syn&utm_medium=rss&utm_campaign=tagCitigroup will raise salaries for investment bankers and traders as much as 50% to offset a steep falloff in bonus pay and keep the company’s compensation package competitive, Bloomberg reports. Other employees, like those in the consumer banking section, will receive smaller raises. Citi, which took $45 billion in federal...http://www.newser.com/story/62695/in-lieu-of-bonuses-citi-gives-i-bankers-50-raises.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 24 Jun 2009 12:38:01 CDThttp://www.newser.com/story/57975/make-starbucks-what-it-sounds-like-a-bank.html?utm_source=syn&utm_medium=rss&utm_campaign=tagForget new drinks—Starbucks should try adding a new sector, writes John Gapper in the Financial Times : banking. It might sound ridiculous to pair cappuccinos and checking accounts, but Starbucks’ 7,000 branches outstrip Bank of America, and, in Gapper’s plan, it wouldn’t even need tellers. Starbucks could partner with...http://www.newser.com/story/57975/make-starbucks-what-it-sounds-like-a-bank.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 04 May 2009 15:32:02 CDThttp://www.newser.com/story/56230/skirting-bailout-rules-banks-send-foreign-hires-abroad.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBanks who have taken TARP funds from the government are getting creative about the immigration restrictions that come with the bailout, the Wall Street Journal reports. Financial institutions relying on government assistance cannot hire foreign workers unless they prove that they have exhausted the supply of native talent. So they’re...http://www.newser.com/story/56230/skirting-bailout-rules-banks-send-foreign-hires-abroad.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 15 Apr 2009 8:35:05 CDThttp://www.newser.com/story/52531/got-a-buck-buy-a-share-of-citi.html?utm_source=syn&utm_medium=rss&utm_campaign=tagA sign of the times: Citibank shares are now eligible for your local dollar store. The bank’s shares fell below $1 for the first time ever today in trading, MarketWatch reports. They reached 97¢ at midday, about 2 years after trading at an all-time high of $57. Investors apparently have...http://www.newser.com/story/52531/got-a-buck-buy-a-share-of-citi.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 05 Mar 2009 14:40:01 CST