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Tag Archives: Citi

Bank Results Season: Citi finally Stripped of Dignity, cries for shame

Vikram Pandit’s Citi turned out to be a bad dream for everyone despite the early lead throughout the crisis and an early and clean attrition of its own bad debt … Continue reading

October 15, 2012 · 1 Comment

Citi gets rid of Morgan Stanley Smith Barney baggage – Deal Insight / Banking Insight

The bank which is apparently acting on a quick menu to get rid of Capital loading it can work without has already seen a lot of brokerage losses after it … Continue reading

September 11, 2012

Bank Results Season: The Citi never burns out of profit (Citigroup reports Q2 2012)

Citi upgrades to B3T1C of 7.9% The latest acronym in town avoids the mouthful Basel III Tier I Capital requirement that has unleashed an unending wave of deleveraging in Europe … Continue reading

July 16, 2012

Bank Results Season: The return of Goldman Sachs (Q1 2012)

Compensation battles at Chase that compare unfavorably for retail banking employees as Dimon gets paid 67 times the average bank pay or Lloyd Blankfein’s own titular troubles with non profits … Continue reading

April 17, 2012

Bank Results Season Preview Q1 2012: Commercial / Industrial credit up but consumer credit a lost cause

The latest Fed H.8 reports continues to udnerscore a losing proposition for Consumer credit as the 5% rise in bank credit reported for Feb 2012 on year is mostly increase … Continue reading

April 10, 2012

Citi’s extra dividend caught in the Stress test snarl up | Banking Insight

Citi failed the Comprehensive Capital Review (CCAR) undertaken by the Fed by a whisker, reportedly coming in at 4.9% on the Dec 2013 Capital instead of the 5% figure having … Continue reading

March 14, 2012

Bank Stress Tests 2012: Banks lose $500 bln in 9 quarters at 6.1% Tier I common

JP Morgan’s early Dividend boost announcement with a large buyback program for 2012 encouraged the Fed to bring back the schedule for the Stress Tests and announce the same in … Continue reading

March 13, 2012

US Economy: Markets near a record close as FOMC predictably upgrades economy

Markets get near to a successful record close above levels last seen in 2007 as Bernanke reiterates his last few dictums on the Economy while noting with concerns the lack … Continue reading

March 13, 2012

Facebook adds a $3 bln Bridge loan for Stock plan taxes | Deal Insight

There’s not much left for Facebook to invest from IPO proceeds as it further increased the no. of creditors on account selling a position on its underwriting list to banks. … Continue reading

March 8, 2012

Understanding China’s prop. payments systems..Citi introduces Credit Cards | Bank insight

The Citi consumer bank decided to get a little more adventurous in its 56 branch business in China with approvals for its credit cards business to operate in the mainland … Continue reading

February 6, 2012 · 2 Comments