Citigroup articles

Citigroup sells EMI Music for $4.1 billion

British music company EMI has reportedly been split up and sold to two separate groups for a sum of $4.1 billion. A Sony-led group will acquire the publishing operation for $2.2 billion while Universal Music Group will obtain EMI’s recorded-music…

Citigroup says customers' credit card data was hacked

Citigroup has acknowledged that a security breach last month gave hackers access to the account information of hundreds of thousands of its credit card customers. The breach, which affected around 1% of Citi's U.S. customers, is the latest in a string of high profile attacks against big companies.