http://www.mail.com/people/1744986-michael-corbat.html Mail.com - the best personalized free web-based Email en en http://sec-s.uicdn.com/mail.com/2.28/img/mailcom_logo_rss.png http://www.mail.com/people/1744986-michael-corbat.html http://www.mail.com/business/economy/1964484-citigroup-to-pay-730-to-settle-lawsuit.html NEW YORK (AP) — Citigroup has agreed to pay $730 million to settle a class-action lawsuit that claimed investors were misled by the bank's disclosures when they purchased its debt and preferred stock. The investors' purchases were made from May 11, 2006 through Nov. 28, 2008. Citigroup Inc. denied the allegations and said in a statement late Monday that i... Tue, 19 Mar 2013 11:50:09 GMT http://www.mail.com/business/economy/1964484-citigroup-to-pay-730-to-settle-lawsuit.html 2013-03-19T11:50:09Z http://www.mail.com/business/economy/1957744-citigroup-pays-ceo-corbat-124m-2012.html NEW YORK (AP) — Citigroup awarded its new CEO, Michael Corbat, a total of $12.4 million last year. That's 17 percent less than the $14.9 million his predecessor, Vikram Pandit, received in 2011. But Corbat, who replaced Pandit in October, was only in the top job for three months last year. Citigroup paid Pandit a total of $9.5 million in 2012. Before repl... Fri, 15 Mar 2013 18:21:55 GMT http://www.mail.com/business/economy/1957744-citigroup-pays-ceo-corbat-124m-2012.html 2013-03-15T18:21:55Z http://www.mail.com/business/economy/1827024-legal-expenses-drag-citigroup-4q-earnings.html Citigroup's fourth quarter earnings fell short of Wall Street's expectations as the bank's legal expenses rose and it released less money from its loan-loss reserves. The bank, based in New York, said a big chunk of the legal expenses came from a settlement reached last week over illegal foreclosure practices in the aftermath of the housing bust. It was C... Thu, 17 Jan 2013 22:14:00 GMT http://www.mail.com/business/economy/1827024-legal-expenses-drag-citigroup-4q-earnings.html 2013-01-17T22:14:00Z http://www.mail.com/business/finance/1812096-banks-prepare-earnings-mortgages-cast-pall.html NEW YORK (AP) — Legal troubles and regulatory scuffles keep piling up for the banking industry, a fact that's sure to drag down results when the banks start reporting fourth-quarter earnings beginning Friday. Most obvious will be the pall cast by this week's national settlement over foreclosure abuse. Bank of America, Citigroup, JPMorgan Chase, Wells Farg... Thu, 10 Jan 2013 19:14:00 GMT http://www.mail.com/business/finance/1812096-banks-prepare-earnings-mortgages-cast-pall.html 2013-01-10T19:14:00Z http://www.mail.com/business/economy/1744908-citigroup-to-cut-11000-jobs-familiar-story.html NEW YORK (AP) — Citigroup said Wednesday that it will cut 11,000 jobs, a bold early move by new CEO Michael Corbat. The cuts amount to about 4 percent of Citi's workforce. The bulk of them, about 6,200 jobs, will come from Citi's consumer banking unit, which handles everyday functions like branches and checking accounts. Citi said that... Wed, 05 Dec 2012 21:46:00 GMT http://www.mail.com/business/economy/1744908-citigroup-to-cut-11000-jobs-familiar-story.html 2012-12-05T21:46:00Z http://www.mail.com/business/finance/1745372-stocks-rise-wall-street-led-banks.html NEW YORK (AP) — Stocks are mostly higher on Wall Street, led by banks and energy companies. The Dow Jones industrial average was up 94 points at 13,045 shortly before midday Wednesday. The Standard & Poor's 500 index rose three points to 1,410. The Nasdaq composite slipped 14 points to 2,982, pulled down by a decline in Apple. ... Wed, 05 Dec 2012 15:58:00 GMT http://www.mail.com/business/finance/1745372-stocks-rise-wall-street-led-banks.html 2012-12-05T15:58:00Z