Citi plans to sell remaining Smith Barney stake

Citigroup Inc. CEO Vikram Pandit confirmed Wednesday that the bank plans to eventually sell the remaining stake in its Smith Barney brokerage venture to Morgan Stanley, which owns the other half.

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Citi spends $3.5M to reward Smith Barney brokers

Embattled banking giant Citigroup Inc. spent about $3.5 million to provide rewards for top-performing advisers at its Smith Barney brokerage unit.

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Pandit: Citi undergoing "long-term transformation"

Citigroup's CEO Vikram Pandit said Wednesday that the company is going through a "long-term transformation," a day after the embattled bank sold control of its Smith Barney brokerage to Morgan Stanley.

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Death knell for Citigroup's 'supermarket' model

The original financial supermarket is dead.

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Citigroup to Pay $33M to Settle Lawsuit

Citigroup Inc. has agreed to pay $33 million to about 2,500 current and former female brokers at the company's Smith Barney subsidiary to settle a discrimination lawsuit.

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Morgan Stanley wants to make sure it keeps the best-performing brokers after it forms a joint-venture brokerage firm with Citigroup's Smith Barney unit, so it plans to pay them a total of $2 billion to $3 billion to encourage them to stay with firm for up to nine years.

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On house ownership, the Palins can't match the McCains' eight homes, but her real estate portfolio is respectable, thank you very much. Palin owns three houses, according to her 2007 financial disclosure form.

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