In June 2010, CIBC said it has signed a deal to buy a $ 2. 1-billion credit card portfolio from Citigroup ’ s Citibank Canada Master Card business.

In June 2010, CIBC said it has signed a deal to buy a $ 2. 1 billion credit card portfolio from Citigroup ’ s Citibank Canada MasterCard business including the Citi Petro-Canada MasterCard ( but excluding the Citi Petro-Canada personal credit card ).

A Citigroup spokesman said the lawsuit was without merit.

Shortly thereafter, Citigroup, the primary construction lender, stopped funding the Destiny USA project.

He also had interests in copper, railways, and public utilities, and built up the National City Bank of New York, now part of Citigroup.

In May 2007 a new restructuring plan was approved by shareholders whereby Deutsche Bank, Goldman Sachs and Citigroup agreed to provide £ 2. 8bn of long term funding, the balance of the debt was exchanged for equity, and the shareholders agreed to waive the unlimited free travel and other perks that they had enjoyed.

During a two-to-five-year grace period allowed by law, Citigroup could conduct business in its merged form ; should that period have elapsed without a change in the law, Citigroup would have had to spin off its insurance businesses.

Hands had spent much of 2010 engaged in litigation with Citigroup, claiming the bank engaged in fraud during its auction of EMI in 2007.

On January 9, 2009, Citigroup announced that Rubin had resigned as a senior adviser and would not seek re-election as a director of the corporation.

During the major financial crisis beginning in late 2008, Citigroup suffered large losses in its retained collateralized debt obligation exposure ( loans that Citi underwrote but was not able to sell ), and had to be rescued by the U. S. federal government.

In 2008 major home equity lenders including Bank of America, Countrywide Financial, Citigroup, JP Morgan Chase, National City Mortgage, Washington Mutual and Wells Fargo began informing borrowers that their home equity lines of credit had been frozen, reduced, suspended, rescinded or restricted in some other manner.

On 29 January 2007 Prudential announced that it had agreed to sell Egg to Citigroup for a consideration of £ 575 million subject to approval by the Financial Services Authority.

On 1 March 2011 Barclays Bank announced that they had agreed to buy Egg's more than 1 million UK credit card accounts from Citigroup.

The Brazilian investment bank Opportunity, which managed funds that had Citigroup and some Brazilian pension funds as investors, alongside Telecom Italia, paid 2. 07 billion reais in June 1998 to buy Tele Centro Sul from the Brazilian government as part of the privatization process of Telebrás.

In 1999, affirming his career-long interest in markets, Rubin joined Citigroup as a board member and as a participant " in strategic managerial and operational matters of the Company, but [...] no line responsibilities.

no: Citigroup Center

On July 25, 2012, former Citigroup Chairman and CEO Sandy Weill, considered one of the driving forces behind the considerable financial deregulation and “ mega-mergers ” of the 1990s, surprised financial analysts in Europe and North American by “ calling for splitting up the commercial banks from the investment banks.

Citigroup was fined $ 175, 000 and ordered to pay up to $ 250, 000 in restitution to 284 potentially eligible customers.

After receiving $ 263. 9 million from Citigroup for his 5. 6 million shares, Citigroup and Smith Barney employees were encouraged to contribute up to 25 % of their pay to purchase shares in Citigroup stock through the Capital Accumulation Plan.

Since these reforms have been implemented the American banking firms Goldman Sachs and Citigroup have been granted permission to expand their operations in Malaysia, Goldman Sachs, received licenses to set up fund management and advisory operations.

He received more than $ 126 million in cash and stock during his tenure at Citigroup, up through and including Citigroup's bailout by the U. S. Treasury.

The newly-named Primerica Corporation targeted Smith Barney as the first significant purchase that moved the company completely into financial services with the May 1987 announcement of its intent to buy the Wall Street brokerage for $ 750 million, which would later end up as Primerica's sister company under Citigroup in 1998.

In September 2008, Chicago accepted a $ 2. 52 billion bid to lease Midway International Airport for 99 years to a group of private bidders that included Citigroup.

Indices for the broad high-yield market include the CSFB High Yield II Index ( CSHY ), Citigroup US High-Yield Market Index, the Merrill Lynch High Yield Master II ( H0A0 ), the Barclays High Yield Index, and the Bear Stearns High Yield Index ( BSIX ).

Citigroup settled for $ 2. 65 billion on May 10, 2004.

* Gerald J. Ford, most recently the Chairman of the Trustees of Southern Methodist University in Dallas, and former Chairman and CEO of the once NYSE publicly-traded company Liberate Investors, and former Chairman and CEO of the California-based Golden State Bancorp ( sold to Citigroup in 2002 for $ 6. 1 billion ), is a graduate of Pampa High School and Southern Methodist University in Dallas.

* C: Citigroup ( previously used for Chrysler )

The Board noted that, although SSB was one of the largest US securities firms, less than 25 % of its revenue was “ bank-ineligible .” Citigroup could only continue to own the Travelers insurance underwriting business for two ( or, with Board approval, five ) years unless the Bank Holding Company Act was amended ( as it was through the GLBA ) to permit affiliations between banks and underwriters of property, casualty, and life insurance.

As a result of the global financial crisis of 2008 – 2009 and huge losses in the value of its subprime mortgage assets, Citibank was rescued by the U. S. government under plans agreed for Citigroup.

The U. S. government provided $ 25 billion and guarantees to risky assets to Citigroup in exchange for stock.

He is currently Director of the Center for the Study of Globalization at Yale University and director of Citigroup.

* On March 23, 2005, the Securities and Exchange Commission ( Commission ) “ announced that it instituted and simultaneously settled an enforcement action against Citigroup Global Markets, Inc. ( CGMI ) for failing to provide customers with important information relating to their purchases of mutual fund shares .”

He won an Olympic rowing title for the United States then became president of Citigroup.

As Park Avenue enters Midtown north of Grand Central Terminal, it is distinguished by many glass-box skyscrapers that serve as headquarters for corporations such as JPMorgan Chase at 270 Park Avenue and 277 Park Avenue, UBS at 299 Park Avenue, Citigroup, Colgate-Palmolive, and MetLife at the MetLife Building.

IT & T was a specialist IT and telecommunications design and project management group who delivered major technology projects for both corporate and government clients such as Citigroup, Department of Defence, News Limited and Ernst & Young across the Asia Pacific region.

The firms underwriting the IPO, Citigroup, UBS, and Deutsche Bank, were fined and ordered to reimburse customers for " failure to adequately supervise communications " with investors.

Citigroup pay £ 46. 5 million a year in rent for the tower, generating a yield of 4. 6 % to the owners.

The exteriors for the law firm were shot at the Citigroup Center in downtown Los Angeles, which was known as the 444 Flower Building at the time.

Hands and Terra Firma are also known for the failed investment in British music company EMI, which was later taken over by Citigroup, the main lender in the investment.

His most prominent post-government role was as director and senior counselor of Citigroup, where he performed ongoing advisory and representational roles for the firm.

During his time in the private sector, Rubin has served on the board of directors of the New York Stock Exchange, the Ford Motor Company, Citigroup, the Harvard Corporation, the New York Futures Exchange, the New York City Partnership and the Center for National Policy.

On November 4, 2007, he became the Chairman of Citigroup and on January 9, 2009 he resigned from the position of Senior Counselor at Citigroup and announced he would not stand for re-election to the board.