Citigroup
Company and Financial Services Company
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Billionaire Bill Gates says Wall Street pay too high...crisis. The U.S. government spent hundreds of billions of dollars during the crisis bailing out several Wall Street firms, including Bank of America Corp, Citigroup Inc and AIG which is now 80 percent owned by U.S. taxpayers. "I do worry... In this article: Bill Gates, Wall Street, AIG, U.S., Bank of America Corp, Microsoft, and Citigroup Inc |
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Telegraph.co.uk - International news | November 01, 2009
Barack Obama's White House guest list includes Clooney Oprah and Soros
...in teacher pay), Exxon Mobil CEO Rex Tillerson, former AIG chairman Maurice Greenberg, JP Morgan's James Dimon, Chevron CEO David O'Reilly, Citigroup's Vikram Pandit, and Goldman Sachs CEO Lloyd Blankfein. Other visitors included Morgan...
In this article: George Soros, Barack Obama, White House, Oprah Winfrey, George Clooney, Bill Gates, Service Employees International Union, John Mack, David O'Reilly, and Kenneth Lewis
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Observer.com - All Articles | December 19, 2008
Timber Billionaire Would Like to Trade His Caribbean Island for a New York Residence
...who made his fortune selling timberland. He also founded The Yellowstone Club, a high-end ski and golf resort in Montana visited by the likes of Bill Gates and Citigroup CFO Todd Thompson. (Membership fees ran to about $1.5 million at...
In this article: New York, E mail, Bankruptcy, and Bill Gates
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Puget Sound Business Journal | June 13, 2009
Six Flags, a Gates investment, seeks Chapter 11
...company, bankruptcy documents show. Cascade Investments is listed as the largest holder of voting securities, followed by Citigroup Inc. at 9.1 percent and Barclays PLC at 6.65 percent. The values of the holdings were unstated.
In this article: Six Flags, Bill Gates, Cascade Investments LLC, U.S. Bankruptcy Court, Bankruptcy, Barclays PLC, and Citigroup Inc.
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The Australian | March 12, 2009
Gates back on top of rich list
...world's largest retailer, were tied for 12th with $17.6billion. There were 355 people who dropped off the list, including former Citigroup chairman Sanford Weill, 75, and the two youngest members last year -- Mark Zuckerberg, 24, chief...
In this article: Bill Gates, Warren Buffett, Carlos Slim Helu, Berkshire Hathaway, Microsoft, Michael Bloomberg, New York City, and Chief Executive
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Times of India | April 23, 2009
Gates, Buffett, Jobs best CEOs; Pandit among worst
...Bernie Ebbers. About Pandit, the magazine said that he "did not create the mess Citi is in, but he is the financial services equivalent of the Titanic's Edward Smith aEUR" a commander ill- equipped to save his ship." Bill Gates, Warren...
In this article: Warren Buffett, Vikram Pandit, Bill Gates, Steve Jobs, Lehman Brothers, Microsoft, and Titanic
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Charlotte Observer | March 10, 2009
Reports: 5 biggest banks face losses
...from 40 percent in early 2007. Citibank is a unit of New York-based Citigroup. In Monday trading on the New York Stock Exchange, Citigroup shares closed at $1.05. Berkshire Hathaway Chairman Warren Buffett, a revered financial guru and...
In this article: Derivative, Bank of America, American International Group, Wells Fargo Bank, Citibank, J.P. Morgan, Warren Buffett, and Recession
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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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