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Topic: Citigroup
What happens when the masters of the financial universe turn on each other

What happens when the masters of the financial universe turn on each other

JPMorgan is reported to have received immunity in exchange for turning on ANZ. That's worth some examination.

Business bites: Chinese steel … Origin gets real … banks wheel and deal …

Business bites: Chinese steel … Origin gets real … banks wheel and deal …

Banks profits soar post-GFC. And other business tidbits of the day.

Weill calls to break up the big ‘supermarket’ banks

Weill calls to break up the big ‘supermarket’ banks

One can’t help but marvel at the hide of Sanford I. Weill, better known as Sandy Weill -- creator of Citigroup.

US banking fantasyland, where a debt is an asset

US banking fantasyland, where a debt is an asset

No wonder US banks are on the nose and the Occupy Wall Street groups are slowly making headway in winning over public opinion.

How Gina Rinehart will become the world’s richest person

How Gina Rinehart will become the world’s richest person

Gina Rinehart hates the label "Australia’s richest person". So how will she and the rest of the country react when (not if) she ranks as the "world’s richest", as can be forecast using the latest research? asks Tim Treadgold.

The shame of Citigroup … fiddling while the poor burn

The shame of Citigroup … fiddling while the poor burn

Citigroup has a rather different take on all of this. It notes that the rich have been getting richer and they want to help them to get yet richer, writes Professor Gavin Mooney, a health economist.

Are the Big Banks cheating?

Are the Big Banks cheating?

Goldman Sachs, Citigroup, JP Morgan, and Bank of America have all scored "perfect quarters" -- making money on all 61 trading days this year. Are they really that good -- or is the system rigged?

China trade figures still strong … rate rises on hold as Euro relief kicks in …

China trade figures still strong … rate rises on hold as Euro relief kicks in …

China's hot property, plus the relief rally to beat all relief rallies, the Europe rescue in place, all rate rises have been put on hold and other business news of the day from around the globe.

The fickle, fat finger of fate puts the Dow into down

The fickle, fat finger of fate puts the Dow into down

It was a terrible day for a stupid US stock market trader to make a mistake: in just 10 minutes, stupidity wiped about $US1 trillion from the value of Wall Street.

Lobbyists, US big hitter slam ATO over private equity tax row

Lobbyists, US big hitter slam ATO over private equity tax row

The private equity tax row continues as lobbyists and one of the richest men in the US lash the Australian Taxation Office’s attempts to levy income tax on certain private equity profits.