Citigroup
Company and Financial Services Company
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ZAPA Technology Chooses ViVOtech to Provide Software Platform for NFC Mobile Loyalty and Gift Card Services...American Smart Cards Product Line Strategy of the Year Award. ViVOtech's investors include Citi, First Data Corporation, Motorola Ventures, NCR, and Nokia Growth Partners. About ZAPA Technology ZAPA Technology (www. ZAPAtechnology.com)... In this article: NFC, Zapa, Mobile payment, Europe, Nokia Growth Partners, and Motorola Ventures |
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Business Wire Entertainment News | November 03, 2009
Tetherball Teams with ViVOtech to Accelerate Mass Adoption of Mobile Loyalty Programs through Contactless Redemption
...Strategy of the Year Award. ViVOtech was named #1 in ABI Research's Contactless & NFC Reader Ranking Report, last issued in 2008. ViVOtech's investors include Citi, First Data Corporation, Motorola Ventures, NCR, and Nokia Growth Partners.
In this article: Revenue, NFC, United States, Nokia Growth Partners, Motorola Ventures, Mobile payment, Customer retention, and Marketing mix
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Yahoo! News | July 31, 2009
KKR portfolio companies' IPOs likely on horizon (Reuters)
KKR wrote up the value of the retailer in May. A Dollar General IPO would be underwritten by Goldman Sachs, Citigroup and KKR itself, the Wall Street Journal reported earlier this week. The Financial Times reported online on Friday that...
In this article: KKR, Dollar General, Blackstone, Toys R Us, Fidelity Investments, TDC, Financial Times, First Data, and GlaxoSmithKline
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BusinessWeek Online | August 12, 2007
Bridge Loans Put Banks in a Bind
As the leveraged buyout boom peaked earlier this year, large banks such as Citigroup (C) and JPMorgan Chase (JPM) indulged powerful private equity clients by granting them temporary equity, or bridge loans, to help fund the monster deals.
In this article: Jpmorgan Chase, Jamie Dimon, Kohlberg, Kravis, Roberts, Balance sheet, Revenue, First Data, and Texas
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Reuters | July 31, 2009
UPDATE 1-Portfolio co IPOs likely on horizon for KKR
...up the value of the retailer in May. A Dollar General IPO would be underwritten by Goldman Sachs [GSGSC.UL], Citigroup <C.N> and KKR itself, the Wall Street Journal reported earlier this week. The Financial Times reported online on...
In this article: KKR, Dollar General, Blackstone, Financial Times, Toys R Us, Fidelity Investments, First Data, and GlaxoSmithKline
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Financial Times | September 13, 2007
Banks delay sale of $16bn First Data loan
...be shifted and added to the $8bn in bonds, people familiar with the matter said. Citigroup and Credit Suisse are leading the underwriting of the First Data deal. The postponement of the loan sale highlights how tenuous investor appetite for...
In this article: First Data, KKR, Balance sheet, Jewish holiday, Rosh Hashanah, and Credit Suisse
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Reuters | July 15, 2009
UPDATE 1-Citigroup outsources services, jobs to First Data
...saving money and reducing about 500 jobs. First Data said it plans to offer jobs to all of Citigroup's employees in the unit, which provides what are commonly known as "lockbox" services. It will also sublease Citigroup's lockbox...
In this article: First Data, Kohlberg Kravis Roberts & Co, U.S., Denver, and New York
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International Herald Tribune | October 15, 2007
Financing for TXU deal tests debt markets - International Herald Tribune
...billion, as demand far exceeded expectations. The banks, led by Citigroup and Credit Suisse, also sold the loans at about 97 cents on the dollar, a lesser discount than they had anticipated. TXU, now renamed Energy Future Holdings, is a...
In this article: First Data, Energy Future Holdings, Credit Suisse, Manhattan, and London
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www.washingtonpost.com | September 10, 2007
KKR close to concession on First Data deal: source
...as $1.5 billion if the terms were not altered, the Journal said. Credit Suisse (CSGN.VX) and Citigroup (C.N) are the leaders in arranging First Data's $16 billion loan. Other banks on the deal include Deutsche Bank (DBKGn. DE), HSBC...
In this article: KKR, First Data Corp, Balance sheet, Credit crunch, Wall Street, Amortization, Tax, Labor Day, and Equity Office Properties Trust
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CNN | August 29, 2007
KKR in $24B loan tussle
...loan it needs to complete a deal for First Data Corp, according to a report Thursday. The private equity firm has invited financiers such as Citigroup (Charts, Fortune 500), Deutsche Bank (Charts) and Goldman Sachs (Charts, Fortune 500) to...
In this article: Kohlberg Kravis Roberts, First Data, Credit crunch, Home Depot, Balance sheet, Cnnmoney.com, New York Stock Exchange, Nasdaq, Deutsche Bank, and Goldman Sachs
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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 $25 billion in emergency aid into common shares.
- Name:
- Citigroup Inc.
- Type:
- Public (NYSE: C, TYO: 8710, )
- Location:
- New York City, New York, United States
- Founded:
- New York City, New York, United States (1812)
- Stock Symbol:
- C
- Industry:
- Financial services
- Key People:
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- Vikram Pandit
- Richard D. Parsons
- John Gerspach
- Products:
-
- Investment Research
- Global Wealth Management
- Private Equity
- Consumer Banking
- Investment Banking
- Corporate Banking
- Revenue:
- US$ 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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