Citi (C) to Cut More Jobs, Pare Bonuses Amid Volatile Macro Environment
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
Citi (C) Shareholders Could See Green as Bank Unleashes Penny Pinching Campaign
November 30, 2012 11:33 AM ESTThe recent shakeup in management at Citigroup (NYSE: C) could turn up a few gems for investors in the form of cost savings. Maybe 'gems' isn't the right word. Dimes maybe? Pocket Money?
In any case, the savings would be more than just chicken feed, as the cost savings could significantly improved... More
Citigroup (C) said to shrink bonuses for 2012 by as much as 10%; Cuts 150 More Positions
November 29, 2012 10:35 AM ESTCitigroup, Inc. (NYSE: C) said to shrink bonuses for 2012 by as much as 10 percent. Has also cut 150 more jobs in banking, securities unit.... More
