Citigroup Videos

Japan's Nikkei average slipped 2.3 percent on Tuesday November 18 , dragged down by worries about a weakening global economy that battered exporters such as Sony, though bargain hunting prevented further slides. Bank shares slipped on growing worries about the financial sector after Citigroup's announcement that it was cutting 52,000 jobs, the second largest corporate lay off plan in his...

BEAMER ON CAM A HUGE NAME IN THE BANKING INDUSTRY IS CUTTING TENS OF T

Asian banks declined Tuesday, hit by Citigroup's drastic job cuts, while regional automakers also felt restructuring ripples. Citi's plan to axe 52,000 jobs globally, pushed shares of Japan's top lender Mitsubishi UFJ lower ahead of its earnings later Tuesday as well as No. 2 Mizuho. Amid concerns about financial industry stability, Bank of America said Monday it would hike its stake in No.3...

Nov 18 Asian banks declined Tuesday, hit by Citigroup's drastic job cuts, while regional automakers also felt restructuring ripples.

CNN's Richard Roth reports from New York City on the Citigroup layoffs.

90 sec. Citigroup still a millstone; Research In Motion moves higher; Google?s phone frenzy; Guess? surprises with power.

Move marks part of investment bank's 'detoxification' effort

The government brokers another bank consolidation, as Citigroup buys Wachovia's banking assets for $2.1 billion and the assumption of debt. MarketWatch's Steve Gelsi talks with Kelsey Hubbard about the deal's significance. Sept. 29

Another round of massive layoffs at Citigroup and more bad financial news Monday led investors to shrug off the lengthy action plan from world leaders designed to address a sagging global economy. News 4's Larry Conners reports.

Citigroup is slashing another 53,000 people from its workforce. The company's CEO broke the news to employees in a town hall meeting this morning. CBS 2's Sean Hennessey reports from the Citigroup Center in Midtown.

November 17, 2008 4:15PM ET Citigroup plans to cut 50 thousand jobs. Target and Lowes talk sales and earnings. Las Vegas Sands shares jump

Nov 17 Citigroup's plan to slash 52,000 workers and Japan's slip into an official recession stoked fears the economic slowdown is gathering momentum.

Citigroup, widely seen as the sickest Wall Street bank, will make some of the most severe cuts in the history of U.S. business 53,000 jobs as it tries to slash costs and get back to basics before it's too late. Nov. 17

NYC To Lose Thousands Of Jobs In Citigroup Cuts

Citigroup announced plans to cut 52,000 positions in a drastic move to offset billions of dollars in losses tied largely to risky home loans. The stock lost ground and remained at levels not seen since Citigroup was created by a merger in 1998. Citigroup is now barely worth twice the $25 billion it received from the Treasury's $700 billion bank rescue plan. Conway Gittens reports from New York.

Citigroup plans to cut about 50,000 additional jobs along with earlier cuts of 20,000 positions. Bob McCormick reports.

The chief executive of Citigroup, the second largest bank in the United States, said Monday the company will cut another 52,000 jobs in the coming months.

Data out of Britain and France saw business sentiment down while Citigroup plans to axe 52,000 jobs. EU, UK defend fiscal stimulus plans Germany will support Opel More strikes and cancellations wrack Air France, Al Italia

CNN's Alphonso Van Marsh reports some people at Citigroup headquarters in London knew cuts were coming.

Citigroup broke through on its SIV plan as the broader market still fights its way back toward even.

Robert Rubin, of Citigroup, reviews the news on FT.com. Next week, Google's Eric Schmidt. %3Cdiv%3E%3Cdiv align%3Dright%3EOCT 4%3C%2Fdiv%3E %3Cimg src%3Dhttp%3A%2F%2Fpublish.vx.roo.com%2Fftvideo%2Fportal%2Fimages%2Fft arrow.gif height%3D10 width%3D8 border%3D0%3E %3Ca href%3Dhttp:%2F%2Fwww%2Eft%2Ecom%2Fcms%2Fs%2F516b62ca%2D53c7%2D11db%2D8a2a%2D0000779e2340%2Ehtml target%3D blank%3EFull Transcript%3C%2Fa%3E

Sir Martin Sorrell, chief executive of WPP, reviews the news on video for FT.com. Next week, Citigroup's Robert Rubin. %3Cdiv%3E%3Cdiv align%3Dright%3ESEPT 27%3C%2Fdiv%3E %3Cimg src%3Dhttp%3A%2F%2Fpublish.vx.roo.com%2Fftvideo%2Fportal%2Fimages%2Fft arrow.gif height%3D10 width%3D8 border%3D0%3E %3Ca href%3D target%3D blank%3EFull Transcript%3C%2Fa%3E

90 sec. September retail sales up 0.4%; GE hits its mark; Citigroup shakes up management again.

Citigroup: Too Big to Succeed?

Dow Drops 231 Points, Down 2.7%; S&P Down 2.6%, Nasdaq Down 2.3%; Utilties and Energy Big Winners of the Day, Financials Biggest Loser with a 6% Drop; Citigroup's Pandit Targets 52K Job Cuts; Sanford Analyst Lowers Estimates for Goldman Sachs and Morgan Stanley; Goldman Sachs Scraps Executive Bonuses; Federal Appeals Court Rules Hartford Financial Must Defend Itself on Claim of Misleading Investors About Finances; Allegheny Energy Leads Utilities with Best Intraday Returns, Rising 3.1%;...

Empire Manufacturing Comes in at Record Low; Merrill Lynch Cuts Dell to "Neutral"; Citigroup Cutting 50K Jobs, Cutting Expenses by 20%; Bank of America Raising Stake in China Construction Corp. to 19.1%; Target Profit Falls 24%, Will Suspend Share Buyback; Lowe's Cuts Full Year Forecast, But Beats Earnings Estimates

90 sec. Stocks pull back on higher oil; Citigroup CFO switches to global wealth division.

Wells Fargo sets aside $1.4 billion to cover loan losses; Wal Mart and Best Buy trade higher.

11/17/08 Stocks fall as Citigroup announces massive job cuts and other banks are expected to follow.

Citigroup has announced it will cut an additional 53,000 positions.

Citigroup plans to cut more than 50,000 jobs. CNN's Richard Roth reports from New York.

Video: 11/17, Citigroup Job Cuts

Impact in Northern Kentucky remains uncertain

Nov 17 The number two U.S. bank will cut 52,000 jobs in addition to another 23,000 since January.

Also, Bank of America Raising Stake in China Construction Bank; Citigroup Cutting 50K Jobs After Four Straight Quarterly Losses Further Analysis and Discussion with Hank Higdon of Higdon Partners

The US bank Citigroup says it plans to make about 52,000 new job cuts, on top of 23,000 cuts already made this year.

Investors digest the bank's 53,000 job cuts. Target and Lowe's see profits fall.

BusinessWeeks Jessica Silver Greenberg explains why Citigroup has announced plans to cut about 50,000 jobs and how the credit crunch has taken a toll on the financial giant.

4 Your Money: Wall St Reax To Citigroup Cuts

Citigroup cutting 53,000 jobs

Analysis and Discussion with Russ Gerson of Gerson Group

Citigroup job cuts

Citigroup overhaul, Xstrata mulls mergers, ArcelorMittal buyback.

Also trading heavily are Citigroup, D.R. Horton.

Dow, S&P and Nasdaq rally with Citigroup, Wells Fargo and AIG showing strong numbers.

Abu Dhabi investment buoys Citigroup; Activision strikes power chord with 'Guitar Hero III.'

Also trading heavily are United Technologies, Citigroup.

Earnings news from Citigroup and Intel as well.

85 sec. Citigroup and Merck are trading heavily.

90 sec. First Marblehead, Citigroup, Fremont General, Valero, Tesoro and Vertex are also trading heavily.

Citigroup and its team of banks hope for a change of venue

300 sec. Citigroup, Lehman Brothers, Bear Stearns downgraded.

Abu Dhabi??s investment in Citigroup has the whole sector trading up.

90 sec. Citigroup warns on earnings while UBS posts large loss; Nokia looks at absorbing Navteq; Sanofi Aventis gets FDA approval for cancer drug Taxotere.

95 sec. Plus analyst action on Brilliance China Automotive, Pearson, Citigroup, Accenture and Smucker.

90 sec. Plus analyst action on Activision, Citigroup and MasterCard.

90 sec. Changes at powerhouses Merrill Lynch and Citigroup have investors trading cautiously at midday.

90 sec. Citigroup, Merrill Lynch write downs continue to worry investors.

90 sec. Dow Crushed; Citigroup Drags Down Markets; AIG Also Tumbles; Microsoft Has Rare Happy Ending.

90 sec. Employment, income and spending numbers broadly as expected; oil at record highs but ExxonMobil profit falls; Credit Suisse, Citigroup continue to suffer from credit fallout.

90 sec. Bank of America, Citigroup also on the rise.

90 sec. Citigroup reports heavy losses; America?s largest banks join forces to ease effects of the credit crunch.

90 sec. Citigroup, Bank of America and JPMorgan Chase create fund to buy bonds and debt from structured investment vehicles.

90 sec. Big banks plan fund to inject Citigroup 3Q profit plunges; Medtronic issues recall while Mattel feels effects of prior recalls.

90 sec. Dow Jones? 360 Point Slide; Citidel Hires Imus; Citigroup Under The Microscope; Chrysler Cuts 12,000.

Results out of Citigroup touched a raw nerve, but Google and other tech names were shining stars. Crude oil touched a record at $90 a barrel.Conway G. Gittens reports from New York.

90 sec. Citi?s Chuck Prince departs; Fink might head Merrill; market down on credit instability; Yahoo to testify before house.

90 sec. Markets bounce back on Monday, but there's more trouble ahead for Countrywide.

100 sec. Report raises new options questions; Citigroup looks at China airline stake; FDA says cloned animals safe to eat.

Analyst sees first quarter loss at the troubled banking giant

90 sec. General Electric, Ford are also trading heavily.

275 sec. Wall Street steadies for earnings news from major banks and tech heavy hitters.

Forbes.com's Liz Moyer with a preview of the financial services firm's quarterly results.

60 sec. Plus analyst action on Exxon Mobil, Hess, Murphy Oil and Total.

100 sec. Dow pulls back on profit warnings; report blames BP for deadly 2005 explosion.