Category: Citigroup

Expect More Top Management Changes at Citi

Posted by: Mara Der Hovanesian on July 16

The last thing anyone in Washington wants to do is to introduce more chaos and uncertainty at the world’s most troubled bank. For that reason, I suspect that the persistent…

Yet Another Management Shuffle at Citigroup

Posted by: Mara Der Hovanesian on July 09

Citi had more news today on another round of musical chairs in the executive suite. John Gerspach, the bank’s former chief accounting officer, will be the new chief financial officer—the…

Credit Default Swaps on Citi Bonds Still “Stubbornly” High

Posted by: Mara Der Hovanesian on June 03

In case you hadn’t noticed, investors are getting a lot more comfortable with risk in the financial sector—albeit with one standout: Citigroup. Tim Backshall at Credit Derivatives Research notes today…