Content Tagged As citigroup
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Citigroup says many accounts hacked
June 9, 2011 6:41 PM
NEW YORK (AP) - Citigroup says it's contacting about 200,000 credit card customers in North America who've had their names, account numbers and email addresses stolen by hackers. The company says account information for about 1 percent of its credit card customers was viewed by hackers. more » -
Citigroup CEO's salary to go from one dollar to $1.75 million
January 21, 2011 5:29 PM
NEW YORK (AP) - Citigroup Inc. is giving its CEO a big raise. The New York-based bank is lifting Vikram Pandit's base salary to $1.75 million from just $1 a year, effective immediately. In 2009, Pandit pledged to take a $1 salary until the troubled bank returned to profitability. Citi... more » -
U.S. to sell entire stake in Citigroup
March 29, 2010 10:33 AM
The U.S. Treasury said on Monday it would sell the 7.7 billion Citigroup common shares it owns over the course of 2010 under a prearranged written trading plan. The Treasury, which acquired a 27 percent stake in Citigroup during bailouts of the banking giant in 2008 and 2009, said... more » -
Citigroup to repay $20 billion in bailout money
December 14, 2009 9:40 AM
Citigroup is repaying $20 billion in bailout money it received from the Treasury Department, in an effort to reduce government influence. The New York-based bank was among the hardest hit by the credit crisis and rising loan defaults. It received $45 billion in government support as part of the Troubled... more »
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