18 of 20
18. Citigroup
18. Citigroup
Fortune 500 rank: 12
2009 loss: $1.6 billion
Compared with 2008's $27.7 billion loss, this year's $1.6 billion deficit makes Citigroup look like a turnaround story. But Citi was the most unstable of the big banks during the crisis and has been one of the slowest to recover.

It received $45 billion under TARP, and this year a $6.2 billion charge tied to its repayment of bailout money hit results. Meanwhile attempts to sell unwanted assets have been slow-going, although Citi's gain on the sale of Smith Barney cushioned the blow this year.

Management has cut headcount by about a third, but churn at the executive level has been disruptive. The company has had to allocate billions of dollars to cover loans that will never be repaid, amid continued mortgage and credit card-related losses.

NEXT: 19. SunTrust Banks
Last updated April 20 2010: 1:46 PM ET
Email | Print | Share  |  RSS
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
Top 50 Wal-Mart knocks Exxon Mobil out of the No. 1 slot to rule the Fortune 500 again. Which other companies made the top 50 this year? More
They're hiring!These Fortune 100 employers have at least 200 openings each, totaling more than 60,000 jobs. What are they looking for in a new hire? More
20 most profitable Fortune 500 earnings soared, despite a seemingly feeble recovery. From Exxon Mobil to Goldman, here are the biggest winners. More

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.