Posts Tagged ‘Citigroup’

3 results.
Nov27

Abu Dhabi injects $ 7.5 bn into Citigroup

by admin on November 27th, 2007 at 6:04 am
Posted In: News & Articles

New York : Citigroup Inc., seeking to restore investor confidence amid massive losses due in credit markets and a lack of permanent leadership, has announced that it will receive $ 7.5 billion from the Abu Dhabi government. The investment by the Abu Dhabi Investment Authority will help rebuild Citigroup’s capital levels, which have been eroded […] ↓ Read the rest of this entry…

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Feb13

Major Yahoo investor urges Microsoft to raise offer

by admin on February 13th, 2008 at 8:24 am
Posted In: News & Articles

BOSTON/SEATTLE (Reuters) – Yahoo Inc’s second-biggest investor urged Microsoft Corp to raise its $42 billion bid for the Web pioneer and warned Yahoo it has few options left, raising the pressure on them to seal a deal. In a quarterly letter to investors released on Tuesday, Bill Miller, the star stock-picker at U.S. asset manager […] ↓ Read the rest of this entry…

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Jul22

Big U.S. union urges Citigroup to break itself up

by admin on July 22nd, 2008 at 6:19 am
Posted In: News & Articles

NEW YORK: A 1.4 million-member union in the United States has urged Citigroup to break itself up because the bank had become “too big and unwieldy to properly oversee.” Gerald McEntee, the president of the union, the American Federation of State, County and Municipal Employees president, sent a letter on Friday to Win Bischoff, the […] ↓ Read the rest of this entry…

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