Citigroup
Company and Financial Services Company
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Chinese banks may need to raise 'billions of dollars'...added. Meanwhile, Citigroup analyst Simon Ho said in a research report that smaller banks listed in Shanghai may need to find up to 113 billion yuan by 2011 on top of already announced plans to raise a total of 53 billion yuan. "None of... In this article: Balance sheet, Bank of China, China Construction Bank, Shanghai, BNP Paribas, Citigroup, and Hong Kong |
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AP Online | 6 days ago
Citi upgrades global 2010 economic growth forecast
...a more gradual recovery. Citi lifted its 2010 growth domestic product outlook for the U.S., Japan, Britain, Australia, New Zealand, Hong Kong, Korea, Argentina, Hungary, Poland, Czech Republic and Turkey. However, it said credit...
In this article: Citi, Japan, U.S., Recession, Inflation, Korea, Asia, Africa, and Latin America
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Seeking Alpha | 5 days ago
Citi: Expect Strong Economic Growth Worldwide in 2010
...in Europe and Japan. Citi also upgraded its 2010 gross domestic product forecasts for the U.S., Japan, the U.K., Australia, New Zealand, Hong Kong, Korea, Argentina, Hungary, Poland, the Czech Republic and Turkey. The report also...
In this article: Citi, Asia, Japan, Inflation, U.S., Korea, Africa, Latin America, Europe, and Middle East
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WSJ.com: Markets | 7 days ago
Sands China Raises $2.5 Billion
...in Macau gambling stocks. Citigroup's Edward Lam, left, takes questions in Hong Kong as Steven Jabobs, CEO of Sands China, and Las Vegas Sands Chairman Sheldon Adelson appear via video link from Las Vegas Sands China's HK$10.38 offer...
In this article: Macau, Hong Kong, Revenue, Sheldon Adelson, Las Vegas Sands, Citigroup Inc., Las Vegas, and Balance sheet
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FT.com - Companies | November 18, 2009
Chinatrust buys Nan Shan stake after losing bid
...government in bail-out money. The winning $2.15bn bid came from a consortium comprising Primus Financial, led by former Citigroup banker Robert Morse, and China Strategic, a Hong Kong-listed battery maker. It is Taiwan's largest financial...
In this article: Taiwan, Hong Kong, Standard Chartered, AIG, Customer base, and Acquirer
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FT.com - Companies | 5 days ago
Chinatrust could pull out of Nan Shan deal
...embattled US insurer. It eventually lost out to Primus Financial, a consortium led by former Citigroup banker Robert Morse and China Strategic, a Hong Kong-listed battery maker, which came up with the $2.2bn winning bid. Events took a new...
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Description from Wikipedia:
thumb|right|Citigroup's world headquarters building, [[399 Park Avenue, New York City.]]
thumb|right|[[Citigroup Center, New York City.]]
Citigroup Inc. (branded Citi), is a major American financial services company based in New York, NY. Citigroup was formed from one of the world's largest mergers in history by combining the banking giant Citicorp and financial conglomerate Travelers Group on April 7, 1998. Citigroup Inc. has the world's largest financial services network, spanning 140 countries with approximately 12,000 offices worldwide. The company employs approximately 300,000 staff around the world, and holds over 200 million customer accounts in more than 140 countries. It is the world's largest bank by revenues as of 2008. It is a primary dealer in US Treasury securities. Citigroup suffered huge losses during the global financial crisis of 2008 and was rescued in November 2008 in a massive bailout by the U.S. government.
Its largest shareholders include funds from the Middle East and Singapore. On February 27, 2009 Citigroup announced that the United States government would be taking a 36% equity stake in the company by converting $25 billion in emergency aid into common shares.
- Name:
- Citigroup Inc.
- Type:
- Public (NYSE: C, TYO: 8710, )
- Location:
- New York City, New York, United States
- Founded:
- New York City, New York, United States (1812)
- Stock Symbol:
- C
- Industry:
- Financial services
- Key People:
-
- Vikram Pandit
- Richard D. Parsons
- John Gerspach
- Products:
-
- Investment Research
- Global Wealth Management
- Private Equity
- Consumer Banking
- Investment Banking
- Corporate Banking
- Revenue:
- US$ 105.756 billion
- Operating Income:
- US$ −20.36 billion
- Net Income:
- US$ −27.648 billion
- Assets:
- US$ 1.93 trillion
- Equity:
- US$ 141.630 billion
- No. of Employees:
- 309,000
- Market Cap:
- US$ 5.56 billion
- Website:
- http://www.citigroup.com/
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