By SUZANNE KAPNER And AARON LUCCHETTI Citigroup Inc. is facing a potential multibillion-dollar write-down as it begins unwinding its minority investment in the Morgan Stanley Smith Barney brokerage. Morgan Stanley has the right this spring to start ...

http://online.wsj.com/article/SB10001424052970204131004577237363070975608.html

21 (Bloomberg) -- Citigroup Inc., the third-biggest US bank by assets, will let managers of its hedge funds own part of the business ahead of rules that limit shareholders' cash in the unit, Chief Operating Officer John Havens said.

http://www.businessweek.com/news/2012-02-21/citigroup-stakes-u-s-mutuals-efsf-bond-program-compliance.html

20 (Bloomberg) -- Industrial & Commercial Bank of China Ltd. and China Construction Bank Corp. are among Citigroup Inc.'s “Top Buys” among Chinese banks after the central bank cut lenders' reserve-requirement ratios, while Jianxi Copper Co. was ...

http://www.businessweek.com/news/2012-02-19/icbc-jiangxi-copper-among-citi-s-top-china-picks-after-rrr-cut.html

"Given the strong base effect, we expect headline inflation to continue to print lower in the 6.5-7.6% range in the next few months against the 9% plus levels seen over the last two years," Citi Investment Research & Analysis said in its report 'India ...

http://business-standard.com/india/news/rbi-may-cut-interest-rate-by-100-bps-in-2012-citi/158352/on

By Jonathan Stempel (Reuters) - Citigroup Inc (CN) has agreed to pay $158.3 million to settle US civil claims that it defrauded the government into insuring thousands of risky home loans made by its CitiMortgage unit. Wednesday's settlement resolves ...

http://www.reuters.com/article/2012/02/17/us-citigroup-settlement-idUSTRE81E1UW20120217

NEW YORK: It wasn't Sherry Hunt's original intent to go public on the shoddy quality control at a mortgage unit at Citigroup Inc, her employer since 2004. But by March 2011, as it became apparent to her that the problems were getting worse and not ...

http://timesofindia.indiatimes.com/business/international-business/I-have-no-regrets-Citigroup-whistleblower/articleshow/11922182.cms

Citigroup has agreed to pay $158.3 million to settle claims that its mortgage unit fraudulently misled the government into insuring risky mortgage loans for over six years. The government said Wednesday that CitiMortgage had certified 30000 mortgages ...

http://www.nytimes.com/2012/02/16/business/citigroup-to-pay-158-million-in-mortgage-fraud-settlement.html

By Liz Moyer Prominent hedge fund manager John Paulson reported no longer holding common shares of Citigroup, Bank of America and Regions Financial, apparently paring back bank and financial stocks in the final quarter of 2011.

http://blogs.wsj.com/deals/2012/02/14/paulson-eliminates-big-stakes-in-bofa-citi-and-regions/?mod=google_news_blog

CITI PRIVATE BANK Citigroup's Citi Private Bank appointed Eugene Miller as director at its Greenwich, Connecticut office. He will report to Patricia McDermott, head of Citi Private Bank in Connecticut and Westchester. The company appointed Jane ...

http://www.reuters.com/article/2012/02/13/financial-moves-idUSL4E8DD2HU20120213

By Steve Daniels February 13, 2012 In a renewed push to get on the banking map in the nation's third-largest city, Citibank NA is moving its central region headquarters to Chicago from Dallas with plans to build a “flagship” branch somewhere in the ...

http://www.chicagobusiness.com/article/20120211/ISSUE01/302119980

New Citibank offices open in Wilmington: Citibank dedicated their new office space in the Brandywine Building Friday. The space was created with the help of state aid. (2/10/12) Citibank moves into their new office space in the Brandywine Building with ...

http://www.delawareonline.com/article/20120211/BUSINESS05/202110310/Citi-Cards-calls-Wilmington-home?odyssey=mod%7Cnewswell%7Ctext%7CHome%7Cs

(AP) NEW YORK — Citibank double-charged some of its customers for months because of a technical glitch involving its iPad application, the bank acknowledged Friday. The duplicate charges started in July and continued until the bank discovered the ...

http://www.cbsnews.com/8301-505245_162-57374936/citibank-overcharged-some-customers-using-ipad-app/

Lehman Brothers Holdings Inc. and its creditors are suing several units of Citigroup Inc. to recover $2.5 billion the failed investment bank transferred to a backup account at Citi months before seeking bankruptcy court protection.

http://www.businessweek.com/ap/financialnews/D9SQ7N580.htm

9 (Bloomberg) -- Bankrupt Lehman Brothers Holdings Inc. sued Citigroup Inc.'s Citibank for $2.5 billion by over claims the bank “wrongfully” withheld the money after it was transferred by Lehman in the months before its 2008 bankruptcy.

http://www.businessweek.com/news/2012-02-08/citigroup-sued-by-lehman-for-2-5-billion-wrongfully-taken.html

But Citigroup Inc. believes things will turn around for its US retail-banking operations. By 2014, "people will really see a difference" in improved customer service and product sales at Citibank branches, said the bank's US retail and commercial ...

http://online.wsj.com/article/SB10001424052970204136404577209630429691926.html?mod=googlenews_wsj

7 (Bloomberg) -- China's decision to allow Citigroup Inc. to issue credit cards may signal an opening of the banking market as the government relaxes restrictions that are the subject of a US complaint at the World Trade Organization.

http://www.businessweek.com/news/2012-02-06/china-nod-for-citibank-credit-cards-may-show-market-opening.html

A computer hacker group on Friday continued a wave of attacks against Brazilian financial websites, hampering the sites of Citigroup Inc. and other prominent institutions. The group, which dubbed itself Anonymous Brasil, took aim at a series of ...

http://www.foxnews.com/scitech/2012/02/04/citi-hit-in-brazilian-hacker-attack-bank-says-no-data-breach/

By GERALD JEFFRIS BRASILIA—A computer hacker group on Friday continued a wave of attacks against Brazilian financial websites, hampering the sites of Citigroup Inc. and other prominent institutions. A computer hacker group continued a wave of attacks ...

http://online.wsj.com/article/SB10001424052970203889904577200964142208498.html

3 (Bloomberg) -- Willem Buiter, chief economist at Citigroup Inc., talks about Europe's sovereign debt crisis and its impact on the global economy. Buiter also discusses the prospects China may help to resolve Europe's debt problems.

http://www.washingtonpost.com/business/citis-buiter-on-europe-debt-crisis-global-economies/2012/02/02/gIQASBdnlQ_video.html

By Candice Choi, AP Personal Finance Writer That may be the sentiment among Citibank customers who are receiving 1099 tax forms from the bank to report their frequent flier miles. The forms were sent to customers who were given American Airline miles ...

http://travel.usatoday.com/flights/story/2012-01-31/Citibank-says-frequent-flier-miles-are-taxable/52903742/1

(Adds details about Citi's brokered and correspondent mortgage originations in sixth and seventh paragraph, and comments from Inside Mortgage Finance and a loan officer starting in sixth paragraph.) By Matthias Rieker Of DOW JONES NEWSWIRES NEW YORK ...

http://online.wsj.com/article/BT-CO-20120201-721136.html

Citi is notifying the Internal Revenue Service that the miles represent miscellaneous income, leaving customers on the hook for paying related taxes or possibly facing a greater risk of being audited. What does the IRS have to say about the matter?

http://www.latimes.com/business/la-fi-lazarus-20120131,0,1163342.column

To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool at the bottom of any article or visit www.djreprints.com BY SUZANNE KAPNER Richard D. Parsons, who as chairman of Citigroup Inc.

http://online.wsj.com/article/SB10001424052970203920204577191242165920490.html

Enlarge image Citi to Cut Bonuses Citi to Cut Bonuses Daniel Acker/Bloomberg Citigroup Center in New York. Play Video Enlarge image Citigroup to Consider Further Cuts in Trading, Investment Citigroup to Consider Further Cuts in Trading, Investment Jin ...

http://www.bloomberg.com/news/2012-01-27/citi-to-cut-bonuses-in-investment-bank-about-30-.html

To that end, I am leading a group of tech leaders to launch the San Francisco Citizens Initiative for Technology & Innovation (sf.citi), an organization designed to leverage the collective power of the technology sector into a lasting force for civic ...

http://www.huffingtonpost.com/ronald-conway/sfciti-harnessing-the-pow_b_1234907.html