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Citigroup Inc. (C)

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Citi's Big Idea (Dealbreaker) - 15:30 ET Feb 08, 2010

The guys at Citi are smarter than anyone else on the Street, which is why they are about to launch the first derivatives EVER that will pay out in the event of a financial crisis . As Chris Whalen, at Institutional Risk Analytics, told us about the news: "It's cute Though a bit ironic coming from them"Yes, it's ironic and the mere concept could be funny if it weren't that scary 
Christopher Whalen
Christopher Whalen
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  As <span class="analyst">Chris Whalen</span>, at Institutional Risk Analytics, told us about the news: "It's cute Though a bit ironic coming from them"Yes, it's ironic and the mere concept could be funny if it weren't that scary Tweet this 

The guys at Citi are smarter than anyone else on the Street, which is why they are about to launch the first derivatives EVER that will pay out in the event of a financial crisis . As Chris Whalen, at Institutional Risk Analytics, told us about the news: "It's cute Though a bit ironic coming from them"Yes, it's ironic and the mere concept could be funny if it weren't that scary 
 
Share:  The guys at <span class="company">Citi</span> are smarter than anyone else on the Street, which is why they are about to launch the first derivatives EVER that will pay out in the event of a financial crisis . Tweet this 

Citi in Talks Over $3 Billion in Car Loans, Report Says (New York Times - DealBook) - Feb 08, 2010

Citigroup has held talks with private equity groups and hedge funds over the sale of $3 billion in car loans in a move to clear troubled assets from its balance sheet, The Financial Times reported. In order to make the assets more attractive to potential buyers, Citigroup is believed to have offered to provide the buyers of the loans with financing for a few years after the sale, according to the report Some private equity groups and hedge funds said the assets were less attractive due to the lack of a thriving market for securitized bonds, which are backed by cash flow from loans, the newspaper said 
 
Share:  <span class="company">Citigroup</span> has held talks with private equity groups and hedge funds over the sale of $3 billion in car loans in a move to clear troubled assets from its balance sheet, The Financial Times reported. Tweet this 

Citigroup Gets Volckered (The Street: Banks) - Feb 05, 2010

NEW YORK ( TheStreet ) Even if the Volcker Rule never passes, it has already proved costly for Citigroup ( C Quote ) . Citigroup lost a pair of proprietary traders to a hedge fund this week, the latest sign , as I noted Wednesday The traders, Matthew Carpenter and Matthew Newton, quit to join hedge fund Moore Capital Management 
 
Share:  NEW YORK ( TheStreet ) Even if the Volcker Rule never passes, it has already proved costly for <span class="company">Citigroup</span> ( C Quote ) . <span class="company">Citigroup</span> lost a pair of proprietary traders to a hedge fund this week, the latest sign , as I noted Wednesday Tweet this 

Meet The Man Who Will Probably Get In A Fight With Vikram Pandit Before Taking Over His Job (CIT) (Clusterstock) - Feb 05, 2010

Vikram Pandit's successor is rumored to be getting groomed at Citi as we speak, whether Pandit likes it or not. Former Citi Latin America head, Manuel Medina Mora, is apparently a "rising star" within the troubled financial services empire According to American Banking News, some Citigroup officials are concerned of that a clash with Pandit is a question of when, not if Until last week, Medina Mora was down in Latin America doing a great job managing Citigroup's operations 
 
Share:  Vikram Pandit's successor is rumored to be getting groomed at <span class="company">Citi</span> as we speak, whether Pandit likes it or not. Former <span class="company">Citi</span> Latin America head, Manuel Medina Mora, is apparently a "rising star" within the troubled financial services empire Tweet this 

Citigroup Inc. (Moody's Global Credit Research) - Jan 27, 2010

Global Credit Research Liquidity Risk Assessment 27 JAN 2010 Liquidity Risk Assessment: Citigroup Inc. Citigroup Inc. New York, New York, United States Broad Industry: Banking Specific Industry: U.S. Bank Holding Co. Short Term Rating: 
 
Share:  Global Credit Research Liquidity Risk Assessment 27 JAN 2010 Liquidity Risk Assessment: Citigroup Inc. Citigroup Inc. New York, New York, United States Broad Industry: Banking Specific Industry: U.S. Bank Holding Co. Short Term Rating:... Tweet this 

Is Citigroup (NYSE: C) Looking South for Successor to Pandit? (American Banking News) - Feb 05, 2010

As the chief executive at Grupo Financiero Banamex for over 10 years, he has been shielded from the controversies surrounding the beleaguered financial services giant Michael Mayo, a managing director and banking analyst at Calyon Securities, says Mr Medina Mora "has led one area of Citigroup that hasn't had significant issues 
Michael Mayo
Michael Mayo
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  <span class="analyst">Michael Mayo</span>, a managing director and banking analyst at Calyon Securities, says Mr Medina Mora "has led one area of <span class="company">Citigroup</span> that hasn't had significant issues Tweet this 

EMI Posts $2.4 Billion Operating Loss (New York Times - DealBook) - Feb 05, 2010

EMI Group, at the center of an acrimonious legal dispute between buyout house Terra Firma and Citigroup , posted a full year £1.56 billion net loss and said it needed more money to stay afloat, Reuters said. The deal by Guy Hands's Terra Firma at the height of the buyout bubble in 2007 has come to epitomize the worst aspects of private equity dealmaking, with a high debt burden and a weak performance crippling the business The music industry, and the recorded music division in particular, has been severely hit in recent years by mass illegal downloading and the move away from album sales to single digital tracks 
 
Share:  EMI Group, at the center of an acrimonious legal dispute between buyout house Terra Firma and <span class="company">Citigroup</span> , posted a full year £1.56 billion net loss and said it needed more money to stay afloat, Reuters said. Tweet this 

Citi Loses Two Bankers To Hedge Funds Over Prop Trading Concerns (CN) (Clusterstock) - Feb 04, 2010

Matt Carpenter and Matt Newton resigned this week from jobs running a proprietary trading unit for Citigroup. They're leaving for a hedge fund, sources told Reuters Many fear a bank wide exodus if some version of the Volcker Rule Obama proposed last week passes through Congress 
 
Share:  Matt Carpenter and Matt Newton resigned this week from jobs running a proprietary trading unit for <span class="company">Citigroup</span>. They're leaving for a hedge fund, sources told Reuters Tweet this 

Citigroup Star Medina-Mora Gets Closer to No. 1 (WSJ.com: US Business) - Feb 02, 2010

Banamex and other Citigroup operations in Latin America overseen by Mr Medina Mora had $121 billion in net revenue last year, or about 20% of the total for Citigroup's core businesses Michael Mayo, a managing director and banking analyst at Calyon Securities, says Mr Medina Mora "has led one area of Citigroup that hasn't had significant issues" 
Michael Mayo
Michael Mayo
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  <span class="analyst">Michael Mayo</span>, a managing director and banking analyst at Calyon Securities, says Mr Medina Mora "has led one area of <span class="company">Citigroup</span> that hasn't had significant issues" Tweet this 

Bulletin: Citigroup Inc. Rating Unaffected By Weak Fourth-Quarter Results (S&P Credit Research) - Jan 19, 2010

RESEARCH Ratings Definitions Bulletin: Citigroup Inc. Rating Unaffected By Weak Fourth-Quarter Results Publication date: 19-Jan-2010 Primary Credit Analyst: Scott Sprinzen, New York (1) 212-438-7812; scott_sprinzen@standardandpoors.com 
 
Share:  RESEARCH Ratings Definitions Bulletin: Citigroup Inc. Rating Unaffected By Weak Fourth-Quarter Results Publication date: 19-Jan-2010 Primary Credit Analyst: Scott Sprinzen, New York (1) 212-438-7812; scott_sprinzen@standardandpoors.com... Tweet this 

Citi's Mexico Star Nears No. 1 (Wall Street Journal) - Feb 02, 2010

Banamex and other Citigroup operations in Latin America overseen by Mr Medina Mora had $121 billion in net revenue last year, or about 20% of the total for Citigroup's core businesses Michael Mayo, a managing director and banking analyst at Calyon Securities, says Mr Medina Mora "has led one area of Citigroup that hasn't had significant issues" 
Michael Mayo
Michael Mayo
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  <span class="analyst">Michael Mayo</span>, a managing director and banking analyst at Calyon Securities, says Mr Medina Mora "has led one area of <span class="company">Citigroup</span> that hasn't had significant issues" Tweet this 

Citigroup to Expand Retail Banking in Japan (The Street: Banks) - Feb 02, 2010

Citigroup ( C Quote ) plans to open four retail branches in Japan in 2010, a report says The first two locations will open in the second quarter in the central Tokyo districts of Marunouchi and Nihonbashi, Citibank Japan said, the Associated Press reports Citigroup's move would mark its first expansion in Japan since selling several of its Japanese finance businesses last year to pay back bailout money it received from the US government 
 
Share:  <span class="company">Citigroup</span> ( C Quote ) plans to open four retail branches in Japan in 2010, a report says The first two locations will open in the second quarter in the central Tokyo districts of Marunouchi and Nihonbashi, Citibank Japan said, the Associated Press reports Tweet this 

Paulson's Final Days at Treasury: Still More Bailouts (New York Times - DealBook) - Feb 01, 2010

Citigroup — then Bank of America and the auto makers — were still on the brink of catastrophe On Nov 19, Mr Paulson briefed President Bush on Citi's suddenly calamitous position, a development the Treasury secretary writes took even him by surprise The pressing need was to get Congress to release the second half of the Troubled Asset Relief Program, $350 billion that was urgently needed to prop the bank up 
 
Share:  <span class="company">Citigroup</span> — then Bank of America and the auto makers — were still on the brink of catastrophe On Nov 19, Mr Paulson briefed President Bush on Citi's suddenly calamitous position, a development the Treasury secretary writes took even him by surprise Tweet this 

Citigroup Said to Plan Sale of Private-Equity Unit (Bloomberg) - Feb 01, 2010

Citigroup counts its remaining buyout and hedge funds among "core" operations that also include banking, trading, securities underwriting and credit cards Depending on how the new laws or regulations are written, Citigroup may have to overhaul its private equity business again, said Calyon Securities USA analyst Michael Mayo , who rates Citigroup shares "underperform" 
Michael Mayo
Michael Mayo
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  Depending on how the new laws or regulations are written, <span class="company">Citigroup</span> may have to overhaul its private equity business again, said Calyon Securities USA analyst <span class="analyst">Michael Mayo</span> , who rates <span class="company">Citigroup</span> shares "underperform" Tweet this 

Technical Alert: JPMorgan Vs. Key Banks (JPM, BAC, C, WFC, XLF, FAS) (24/7 Wall St) - Feb 01, 2010

To top it off, we have a very different read here in shares of JPMorgan Chase & Co (NYSE: WFC) versus its peers to the tune Bank of America Corp (NYSE: BAC), Wells Fargo & Co (NYSE: WFC) and Citigroup Inc (NYSE: C) More importantly, the JPMorgan chart flies against the two key financial ETF products in the financial sector: Financial Select Sector SPDR (NYSE: XLF) and Direxion Daily Financial Bull 3X Shares (NYSE: FAS) It is normal to see divergence out there among bank stocks, particularly as fundamental changes come into play after any sector shocks take place 
 
Share:  To top it off, we have a very different read here in shares of JPMorgan Chase & Co (NYSE: WFC) versus its peers to the tune Bank of America Corp (NYSE: BAC), Wells Fargo & Co (NYSE: WFC) and Citigroup Inc (NYSE: C) Tweet this 

Citigroup: Financial Winners and Losers (The Street: Banks) - Feb 01, 2010

Citigroup ( C Quote ) was among the winners of the financial sector Monday following a report the bank was considering a sale of its private equity unit plans to sell or split off its $10 billion Citi Private Equity unit as part of the bank's effort to reduce debt, according to a Bloomberg report The unit's managers have discussed buying Citi Private Equity themselves along with new partners or with other financing, the report said 
 
Share:  <span class="company">Citigroup</span> ( C Quote ) was among the winners of the financial sector Monday following a report the bank was considering a sale of its private equity unit Tweet this 

Citigroup said to plan sale of US$10B private-equity unit (Financial Post) - Feb 01, 2010

Citigroup counts its remaining buyout and hedge funds among "core" operations that also include banking, trading, securities underwriting and credit cards Depending on how the new laws or regulations are written, Citigroup may have to overhaul its private equity business again, said Calyon Securities USA analyst Michael Mayo, who rates Citigroup shares "underperform" 
Michael Mayo
Michael Mayo
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  Depending on how the new laws or regulations are written, <span class="company">Citigroup</span> may have to overhaul its private equity business again, said Calyon Securities USA analyst <span class="analyst">Michael Mayo</span>, who rates <span class="company">Citigroup</span> shares "underperform" Tweet this 

Equity division to go in Citi sale (The Australian - Financial Markets) - Feb 01, 2010

Citigroup counts its remaining buyout and hedge funds among core operations that also include banking, trading, securities underwriting and credit cards Depending on how the new laws or regulations were written, Citigroup may have to overhaul its private equity business again, Calyon Securities USA analyst Michael Mayo said 
Michael Mayo
Michael Mayo
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  Depending on how the new laws or regulations were written, <span class="company">Citigroup</span> may have to overhaul its private equity business again, Calyon Securities USA analyst <span class="analyst">Michael Mayo</span> said Tweet this 

Citi Plans Sale of Private Equity Unit, Report Says (New York Times - DealBook) - Feb 01, 2010

Citigroup plans to sell or spin off its $10 billion Citi Private Equity unit in order to cut its debt, Bloomberg News reported, citing people familiar with the matter. Citigroup made the decision to sell the unit last year, before President Barack Obama announced his plan to limit financial risk taking by banks, the news service said That plan could force banks to shed parts of their private equity operations 
 
Share:  <span class="company">Citigroup</span> plans to sell or spin off its $10 billion Citi Private Equity unit in order to cut its debt, Bloomberg News reported, citing people familiar with the matter. Tweet this 

Citigroup Reportedly to Sell Citi Private Equity (The Street: Banks) - Feb 01, 2010

Citigroup ( C Quote ) plans to sell or split off its $10 billion Citi Private Equity unit, a report says, as part of the bank's effort to reduce debt Citi Private Equity takes minority stakes in companies and invests in other buyout funds It oversees about $2 billion of Citigroup's money, Bloomberg reports, citing people familiar with the matter 
 
Share:  <span class="company">Citi</span>group ( C Quote ) plans to sell or split off its $10 billion <span class="company">Citi</span> Private Equity unit, a report says, as part of the bank's effort to reduce debt Tweet this 

Citigroup Said to Plan Sale of $10 Billion Private-Equity Unit (Bloomberg) - Jan 31, 2010

Citigroup counts its remaining buyout and hedge funds among "core" operations that also include banking, trading, securities underwriting and credit cards Depending on how the new laws or regulations are written, Citigroup may have to overhaul its private equity business again, said Calyon Securities USA analyst Michael Mayo , who rates Citigroup shares "underperform" 
Michael Mayo
Michael Mayo
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  Depending on how the new laws or regulations are written, <span class="company">Citigroup</span> may have to overhaul its private equity business again, said Calyon Securities USA analyst <span class="analyst">Michael Mayo</span> , who rates <span class="company">Citigroup</span> shares "underperform" Tweet this 

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