Citi battles rumours of sale, merger

A day after it lost more than a quarter of its value, rumours were rife on Friday that Citigroup was considering a sellout (in parts or whole) or at least a merger...

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Source: the times of india

The Door: Citigroup Job Cuts Will Top 100,000

We've run the numbers.

And even though Citigroup had announced 22, 000 job cuts back in October,and now another 53,000 - it is our numbers that tell us that their job losses will total more than 100,000.

Read today's headlines Another 53,000 Pink Slips for Citigroup


Source: yahoo news / cnn

Citigroup to buy Wachovia at $1 per share

Citigroup has agreed to buy Wachovia’s banking operations in a government-brokered deal for $1 a share in stock.....

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