Despite these flaws, western banks, such as Citigroup, are being drawn to the market.
Dealers, such as Citigroup and Goldman Sachs, have backed away from soaking up unwanted paper.
For a firm such as Citigroup, with its fingers in every pie, that is an awful lot of regulators.
Prince Alwaleed has focused his investments on banks, hotels and media companies, building sizable stakes in companies such as Citigroup Inc.
Even so, the neediest banks, such as Citigroup, are heading that way.
Outsiders, such as Citigroup, are rushing to fill the gap, but homegrown bankers might learn from what Goodwin has accomplished a world away.
Members of the three trade associations, such as Citigroup , Bank of America , Wells Fargo and Merrill Lynch , share customer information among their affiliates.
Though the Fed would lose long-cherished supervisory authority over big banks such as Citigroup and JPMorgan Chase, its overall power would be greatly expanded.
But large lending institutions such as Citigroup, Merrill Lynch and Countrywide Financial took billion-dollar hits from the defaults, consequently squeezing the credit markets.
The top banks here, which include a handful of foreign-run banks such as Citigroup and Spain's Banco Bilbao Vizcaya Argentaria SA, are widely seen as solid.
Part of the problem is that, unlike New York City, where companies such as Citigroup are headquartered, Los Angeles doesn't have a single activity center.
Stern, which handled about 70, 000 foreclosure cases in the past year for clients such as CitiGroup, BoA, GMAC, and others, laid off about 560 employees, 70% of its staff.
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It will unveil a new name for its retail mutual funds later this spring as part of an effort to get brokers at rival firms, such as Citigroup's Smith Barney, to sell them.
For years, they've been able to distance themselves from Osama and maintain ties with U.S. and European companies, such as Citigroup (one of its bankers) and Nortel (for which it is a reseller).
Sovereign-wealth funds' recent investment in giants such as Citigroup and Merrill Lynch comprised too small a percentage of ownership to count as FDI by the BEA's definition, but set the city abuzz nonetheless.
He says Wall Street's business model is broken: While banks such as Citigroup and Merrill Lynch are raising millions through investments by sovereign wealth funds they're doing little to change the way they price risk.
Universal banks, such as Citigroup and Bank of America, long dismissed as stodgy, argue that their vast balance sheets and wide range of businesses, from cards to capital markets, give them an edge in trying times.
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Goldman, a dyed-in-the-wool trading firm, is grabbing such opportunities with glee, taking business from once ubiquitous but now reeling rivals, such as Citigroup and UBS. It also helps that its arch-rival, Morgan Stanley, has pulled in its horns.
Even in India, where defaults on personal debt rose sharply during the global financial crisis, the number of credit cards outstanding ticked up 7% to 18.9 million last year, driven in part by Western players such as Citigroup and Standard Chartered PLC.
But they are also hoping that by working with the largest credit issuers, such as Citigroup, Chase Card Services, MBNA America, Bank of America and Capital One Financial, that a change in industry practices will have a trickle down effect to smaller lenders.
But they are also hoping that by working with the largest credit issuers, such as Citigroup, Chase Card Services, MBNA America, Bank of America and Capital One Financial (nyse: COF - news - people ), that a change in industry practices will have a trickle down effect to smaller lenders.
In Hungary and Poland, by contrast, big banks such as Deutsche and Citigroup are jostling for acquisitions.
There are, however, some impediments to growing further in Asia, and especially to catching up with Western competitors such as HSBC and Citigroup.
Major banks such as Wells Fargo, Citigroup, and JPMorgan Chase rose 4.7%, 4.4% and 3.2% respectively, and brokerage firms such as Merrill Lynch, Morgan Stanley and Goldman Sachs gained 5.3%, 3.9% and 3.4%, respectively.
Banks such as JPMorgan, Citigroup and Wells Fargo have introduced new fees on the checking account service after the Dodd-Frank financial reform bill restricted banks from charging merchants processing fees on debit card transactions.
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Several Thinkful classes are geared toward helping Wall Streeters find new technology careers, such as one advertised shortly after Citigroup Inc.
In order to fully address the phenomenon of Islamofascist penetration into Western financial markets, we must urge the media, the Executive Branch, Congress, and Wall Street to scrutinize and challenge Shariah financing with the same sense of urgency that we are now applying to transactions such as the Abu Dhabi - Citigroup purchase.
CENTERFORSECURITYPOLICY: Islamofascism through the financial backdoor
As his relatively smaller tech investments in such companies as Amazon.com and Priceline tumbled, Citigroup's stock climbed 12% over the last year.
Customers can also earn rewards points with other Citigroup products, such as checking and savings accounts, that they can use as currency.
Investors have filed nearly 20, 000 complaints with Hong Kong's banking regulator, claiming that they were mis-sold products by such banks as dbs Group Holdings, Citigroup and Bank of China.
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