Michael Corbat

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Citigroup is “European-based in Ireland”, its chief executive, Michael Corbat, told analysts. Photograph: Alan Betson

Citigroup chief executive Michael Corbat has highlighted the group’s European base in Dublin as it continues to weigh options for what he expects wil(...)

Citigroup’s profit rose 7.1 per cent on a 36 per cent jump in fixed-income revenue, while earnings at New York-based Goldman Sachs more than tripled, with bond trading up 78 per cent. Photograph: Timothy Clary/AFP/Getty

Goldman Sachs Group and Citigroup both reported fourth-quarter profit that surpassed analysts’ estimates as a bond-trading revival spurred by Donald T(...)

Citigroup: for the full year, the company reported adjusted net income of $17.1 billion, the most since 2006. Photograph:  Justin Sullivan/Getty Images

Citigroup shares fell yesterday after the group reported fourth-quarter revenue gains that some analysts said came from too many one-time items. The s(...)

Citi’s Irish headquarters on Dublin’s North Wall Quay Photograph: Alan Betson / The Irish Times

Citigroup boosted fourth-quarter profit more than analysts estimated as it generated more revenue from investment banking and a portfolio of unwanted (...)

Citi’s Irish headquarters in Dublin’s Docklands Photograph: Alan Betson/The Irish Times

Citigroup, the third biggest US bank by assets and an employer of thousands in Ireland, reported a 51 per cent jump in quarterly profit as lower costs(...)

UK stocks fell to a one-month low as Tesco led supermarket stocks lower after it issued a profit warning. Photograph: Toby Melville/Reuters

European equities slumped, led by a plunge in Greek stocks after an unexpected decision to bring forward its presidential election. The political g(...)

Michael Corbat, chief executive officer of Citigroup, at the St Petersburg International Economic Forum last June. Photo: Bloomberg

Citigroup, the third-largest US bank, boosted chief executive officer Michael Corbat’s pay by 25 per cent to about $14.4 million for 2013, hi(...)

Investors  have  pointed to Citi’s efforts to control costs in the third quarter as the most positive part of the earnings reported, which were also marked by top-line weakness in retail banking.

Citigroup has posted weaker than-expected third-quarter earnings as weak bond market trading volume hurt revenue at the third-largest US bank and acro(...)

Citigroup Inc has reported  a marginal fall in adjusted quarterly profit from ongoing businesses after the Federal Reserve’s decision to continue its bond-buying programme for longer than expected slowed trading by clients. Photograph: Brendan McDermid/Reuters

Citigroup Inc reported a marginal fall in adjusted quarterly profit from ongoing businesses after the Federal Reserve’s decision to continue its bond-(...)

Former CEO of Russian oil gaint Yukos Mikhail Khodorkovsky stands behind bars during a trial in Moscow.

A business owner in Russia has a better chance of ending up in the penal colony system once known as the gulag than a common burglar does. More than 1(...)

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