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Citigroup 'Repositioning' Details

Citi Logo

Citigroup today announced a series of repositioning actions that will further reduce expenses and improve efficiency across the company while maintaining Citi's unique capabilities to serve clients, especially in the emerging markets. These actions will result in increased business efficiency, streamlined operations and an optimized consumer footprint across geographies.

2012's Most Overused Buzzwords

Buzz Salutes The US Flag

LinkedIn has released its list of the most overused buzzwords on LinkedIn Profiles, and for the second year in a row, 'creative' tops the list.



SEC Building

SEC charge KKR with 'misallocating' funds

The Securities and Exchange Commission has charged Kohlberg Kravis Roberts (KKR) with misallocating more than $17m in so-called 'broken deal' expenses to its flagship private equity funds in breach of its fiduciary duty.