Citigroup close to deal with regulator: report - News - Muzi.com

Set Home|Subscribe|Premium Home|MyMuzi

Muzi.com : Muzi (English) : News
Citigroup close to deal with regulator: report

Last updated: 2009-07-15

Citigroup close to deal with regulator: report
2009-07-15

Event
Citigroup Crisis
Source
(Reuters)

LONDON (Reuters) - Citigroup Inc (C.N) is close to a secret agreement with one of its main regulators that will increase scrutiny for the bank, the Financial Times reported in its Thursday edition.
Citing "people close to the situation," the paper said the deal had been discussed in recent weeks amid increased pressure on Citi from the Federal Deposit Insurance Corporation and could be finalized soon.
The agreement was said to require Citi to strengthen its board and governance, improve its asset quality, better manage expenses and provide more information on capital and liquidity.

Citigroup Crisis
Profile2 News22 Gallery7 Links

Citi could sell $20 billion of shares soon: report (2009-12-09)
U.S. looking at selling Citi shares: report (2009-09-14)
Citigroup names former banking regulator to board (2009-07-24)
Citigroup close to deal with regulator: report (2009-07-15)
Citigroup shakes up top management (2009-07-09)
Citigroup gets new rescue, U.S. may own 36 percent (2009-02-27)
Feds explore taking bigger stakes in shaky banks (2009-02-23)
Bank stocks up amid report of gov't plan for Citi (2009-02-23)
Potential buyers seek only Citi's good parts: report (2009-02-17)
Citigroup's Mexico bank head denies sale reports (2009-02-17)
Parsons to become chairman at Citigroup (2009-01-21)
Citigroup divides to conquer after 8.29 bln dlr loss (2009-01-16)
Citigroup to split into two units after huge losses (2009-01-16)
Citi breakup in sight after Morgan Stanley deal (2009-01-14)
Citigroup gets cash in brokerage tie-up with Morgan Stanley (2009-01-13)
Death knell for Citigroup's 'supermarket' model (2009-01-13)
Citigroup, Morgan Stanley merge brokerages (2009-01-13)
Citigroup in brokerage merger talks with Morgan (2009-01-13)
Top Citi execs to forego bonuses (2008-12-31)
Report: Citigroup to sell Japan trust banking unit (2008-11-30)
Government plans massive Citigroup rescue effort (2008-11-24)
Bush says Citigroup deal needed to protect system (2008-11-24)
European stocks surge ahead of expected US gains (2008-11-24)

Stories Coverages

NewsGuide Event City People Show Company
ENT Sports BIZ EDU Life Military Politics Society Health

[2009 Tiger Woods Accident]: Congressman drops effort to honor Tiger Woods (23:36 12/9)

[Afghan Terror War]: Petraeus reveals boost in US counterterror effort (23:36 12/9)

[2009 US Health Reform]: Obama, other Dems praise new health compromise (23:36 12/9)

[111th Congress]: Obama, other Dems praise new health compromise (23:36 12/9)

[Citigroup Crisis]: Citi could sell $20 billion of shares soon: report (23:36 12/9)

[2008 U.S. Real Estate Crisis]: Foreclosure filings fall 8 percent in November (23:36 12/9)

[2008 U.S. Financial Rescue]: Bank of America completes US TARP repayment (23:36 12/9)

[AOL Time Warner Merger]: AOL gets independence from Time Warner on Thursday (23:36 12/9)

[U.S. War on Terror]: 5 missing Americans probed for terror links (23:36 12/9)

[2009 Honduras Coup]: Honduras to let Zelaya leave country for Mexico (23:36 12/9)

Muzi.com : About | Sitemap | Ads | Contact
All Rights Reserved 1994-2006 - All rights reserved.