May 20 (Reuters) - Citigroup Inc : * CEO Corbat says Jane Fraser, CEO of private bank, to become CEO of By Kirk Lindstrom: Citigroup ( C ) is making great progress to rise from the 2009 financial meltdown ashes as it continues to shed its bad assets to focus on its main businesses, including international commercial and investment banking. Citigroup has the assets it wants to keep in "Citicorp" while ... (The following statement was released by the rating agency) NEW YORK, May 16 (Fitch) Fitch Ratings has today affirmed the Issuer Default Ratings (IDRs) for Citigroup, Inc. (Citi) at 'A/F1' and the Viability Rating (VR) at 'a-'. The Rating Outlook is Stable. This action is in tandem with Fitch's ... Wells Fargo ( WFC ) and Citigroup ( C ) have halted the vast majority of foreclosure sales in numerous states following the release of new standards from the OCC, reports the American Banker . Harkening back to the days of the robo-signing scandal, Wells' foreclosure sales across 5 westerns states ... It looks like investors will have to wait for any supersized dividend from Gazprom ( OGZPY.PK ). Citigroup analysts say the Russian gas giant will pay a dividend of 5.99 rubles/ADR, or ~25% of net income according to Russian accounting standards; investors had been hoping the company would pay 25% ... All the chatter about cheap stocks is likely to fall on deaf ears if this "profitless rally" continues, observe analysts at Citigroup. Markets are expected to make further gains supported by moderate EPS growth and dividend increases, but "valuations imply less impressive gains from here," the bank ... Citigroup gushes over the execution by Gap ( GPS +0.5% ) with its Old Navy chain, noting its apparel has moved into the "must-have" category for key demographics. The recent strength of Old Navy follows a pattern of solid moves by Gap management and prompts Citi to raise shares to a Buy rating from ... By Saibus Research : In our previous reports on Citigroup ( C ), we cannot repeat enough how we believe that investors should view Citigroup as two firms consisting of the following exposures: Citicorp-Consists of the businesses that Citigroup has decided to retain. These businesses include ... SAO PAULO, May 14 (Reuters) - Itaú Unibanco Holding SA , Brazil's largest bank by market value, will buy Citigroup Inc's consumer finance unit in the South American nation for 2.77 billion reais ($1.37 billion), according to a securities filing on Tuesday. SAO PAULO, May 14 (Reuters) - Itaú Unibanco Holding SA will take over Citigroup Inc's Brazilian consumer finance units for 2.77 billion reais ($1.37 billion), as the nation's biggest bank by market value expands more rapidly in the local credit card market.