CITIGROUP

The Rebirth Of General Growth Properties

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General Growth Properties (NYSE: GGP), the second-largest public U.S. mall landlord, is living up to its name once again. After exiting bankruptcy in 2010, the Chicago-based company's shares hit a new all-time high of $18.49 on Friday.
Citibank to lose billions

Citibank India Reports 35% Surge In FY12 Net Profit

The Indian division of the U.S.-based Citibank Tuesday reported a 35 percent rise in its net profit in 2011-2012 fiscal year, driven by robust growth in their corporate and retail banking and mortgage businesses, the bank said in a statement.
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A police investigator searches for evidence following attack on Microsoft's offices at Marousi suburb north of Athens.

Microsoft's Athens Headquarters Firebombed

Microsoft Corporation's (Nasdaq: MSFT) Athens, Greece headquarters was firebombed on Wednesday by gunmen who drove a van loaded with gasoline through the doors of the four story building, Reuters reported.
Asian Shares

Asian Stock Markets Fall On Growth Fears

Asian stock markets mostly declined Monday as fears of a further global slowdown and economic headwinds from the euro zone continued to weigh on the sentiment.
Visa to launch digital wallet for U.S. banks

Technology Focus: Still Waiting For Digital Wallets

In the 1950s, a consumer who wanted to buy eyeglasses borrowed $40 from the bank. Fast-forward to 2012: how about using your digital wallet to buy those glasses with your mobile phone? Maybe later this year.
Moody's

Moody's Downgrades 5 Big US Banks, 9 European Banks

Moody's Investors Service downgraded 15 global financial institutions Thursday, including five of the largest U.S. banks, nine major European banks and the Royal Bank of Canada (NYSE: RY), a move that could tighten borrowing and require the companies to post billions of additional collateral.
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Hong Kong Stocks Rise, China Trades Flat

Stock markets in China and Hong Kong advanced Wednesday on speculation that the People's Bank of China will cut interest rates soon to help the economy regain its growth momentum.
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ECB To Keep Pressure On Governments, Could Signal Rate Cut

The European Central Bank is expected to hold back from policy moves when it meets on Wednesday, instead urging governments to address the euro zone's crisis, but it could indicate a readiness to cut interest rates as early as next month given a weakening economy and Spain's banking troubles.
lorenzana

Debrahlee Lorenzana, The Lauren Odes of 2010 Fired For Being 'Too Sexy,' Speaks Out: ?I Ended Up Fighting Citibank On My Own?

Debrahlee Lorenzana, who was fired as a banker from Citibank in 2010 for being too sexy, spoke out about the similarities of her case with Lauren Odes', the woman fired from New York lingerie store Native Intimates for being too busty. Lorenzana revealed that she ended up fighting the suit, filed for similar discriminatory reasons, alone after lawyer Gloria Allred dropped her when the cameras stopped flashing.
Formula One IPO in the Fast Lane

BlackRock Buys Stake in Formula 1 Ahead of Singapore IPO

Formula 1, the popular global auto racing sport, is on its way to a possible IPO as financial investors such as Waddell & Reed Financial Inc. (NYSE: WDR), Norges Bank Investment Management and BlackRock, Inc. (NYSE: BLK) bought 21 percent of the company, CVC Capital Partners, owner of Formula 1, confirmed Tuesday.
Facebook CEO Mark Zuckerberg

Facebook IPO: How To Buy Stock Shares, But Why It's Okay If You Don't Succeed

One of the biggest and most anticipated IPOs of the year, quite possibly the decade, is ready to hit Wall Street tomorrow, but if you're thinking about buying shares, you're not alone. Not in the least. If you're looking to get a piece of the stock, we're here to help you. But be warned: It will not be easy.

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