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 Home > CitiGroup Press Release > 2000  
CitiGroup Press Releases
1st August, 2000
Peter K. Scaturro Named Chief Executive Officer Of The Citibank Private Bank
  FOR IMMEDIATE RELEASE August 01, 2000 Peter K. Scaturro Named Chief Executive Officer Of The Citibank Private Bank The Citibank Private Bank Business Has Record Earnings For Second Quarter 2000: Core Income Up 11 Percent & Private Bank Client Business Volumes Up 19 Percent to $149 Billion New York, NY — The Citibank Private Bank announced today that Peter K ...
25th July, 2000
Citigroup Simplifies its Management Structure - Menezes to Lead Emerging Market Business; Carpenter Responsible for Salomon Smith Barney and Citibank's Global Relationship Bank
  FOR IMMEDIATE RELEASE July 25, 2000 Citigroup Simplifies its Management Structure Menezes to Lead Emerging Market Business; Carpenter Responsible for Salomon Smith Barney and Citibank's Global Relationship Bank New York, NY — Citigroup announced today it will simplify its management structure and move toward singular responsibility for its senior executives ...
20th July, 2000
Salomon Smith Barney to Acquire Full-Service Retail Stockbroking Business from HSBC
FOR IMMEDIATE RELEASE Citigroup Inc. (NYSE symbol: C) July 20, 2000   Salomon Smith Barney to Acquire Full-Service Retail Stockbroking Business from HSBC   Sydney — Salomon Smith Barney Australia Pty Limited (SSB) has entered into a Memorandum of Understanding with HSBC Securities (Australia) Limited (HSBC) to acquire HSBC's Australian full-service retail stockbroking business.   The purchase is subject to the execution of a definitive sale agreement, which is expected to be signed in August 2000.   HSBC's full-service retail stockbroking operations - located in Melbourne, Sydney, Chatswood, Adelaide and Perth - will become part of SSB Private Client Stockbroking in September 2000.    # # #   Salomon Smith Barney is part of Citigroup's Global Corporate and Investment Bank, which brings together Citibank, the world's most global corporate bank, and Salomon Smith Barney, a leading global investment bank and securities brokerage firm ...
19th July, 2000
Citigroup Declares 4-for-3 Stock Split, Announces Increase in Quarterly Dividend and Authorization for Stock Repurchase
  FOR IMMEDIATE RELEASE July 19, 2000 Citigroup Declares 4-for-3 Stock Split, Announces Increase in Quarterly Dividend and Authorization for Stock Repurchase New York, NY — The Board of Directors of Citigroup (NYSE: C) has declared a 4-for-3 split in the company's common stock, in the form of a 33 1/3% stock dividend, payable on August 25, 2000, to stockholders of record on August 7, 2000.           The Board also approved an increase in the quarterly cash dividend to 14 cents per share on a post-split basis, payable on August 25, 2000, to stockholders of record on August 7, 2000 ...
19th July, 2000
Citigroup Second Quarter Core Income Rises 21% to $3.0 Billion
  FOR IMMEDIATE RELEASE July 19, 2000 • PDF format of thisearnings release • Financial Supplement PDF - 253kb | Excel - 445kb • Second Quarter 2000 Earnings Review PDF - 376kb Citigroup Second Quarter Core Income Rises 21% to $3.0 Billion First Half Core Income up 35% to $6.6 Billion Revenues up 10% to $16.4 Billion from $15.0 Billion Diluted EPS $0.87, up 23% from $0.71 New York, NY — Citigroup Inc ...
18th July, 2000
Citigroup and America Online Announce Major Strategic Online Financial Alliance
  FOR IMMEDIATE RELEASE July 18, 2000 Citigroup and America Online Announce Major Strategic Online Financial Alliance Citigroup's Payment and Money Transfer Infrastructure to be Embedded Throughout AOL,CompuServe and Other Brands Offering Easier More Convenient Online Payment Options Bringing Online Financial Services Industry to a New Level, Alliance Will Offer AOL Members and Internet Consumers Access to a Full Range of Citigroup Products and Services New York, NY and Dulles, VA — Citigroup (NYSE: C), the premier global financial services company, and America Online, Inc ...
18th July, 2000
Citigroup Launches MyCiti.com, New Consumer Account Aggregation Site With Yodlee Technology
  FOR IMMEDIATE RELEASE July 18, 2000 Citigroup Launches MyCiti.com, New Consumer Account Aggregation Site With Yodlee Technology New York, NY and Redwood Shores, CA — Citigroup, the premier global financial services company, using technology from Yodlee, a leader in personal account aggregation services, today launched www.myciti.com, a financial services site with account aggregation at its core ...
3rd June, 2000
Citigroup Foundation Contributes $1 Million to Habitat For Humanity
  FOR IMMEDIATE RELEASE June 3, 2000 Citigroup Foundation Contributes $1 Million to Habitat For Humanity Citibank Financial Centers Recruit Members of the Community to Help Build Homes The "Citibank is Opening Doors" Sweepstakes and Free Seminars on Home Ownership are Open to the Public New York — Citigroup today announced that Citigroup Foundation has donated $1 million to Habitat for Humanity ...
22nd May, 2000
Citigroup Completes Acquisition of Copelco
FOR IMMEDIATE RELEASE Citigroup Inc. (NYSE symbol: C) May 22, 2000   Citigroup Completes Acquisition of Copelco   Acquisition Will Add 200,000 Small-and Medium-Sized Business Customers to Citigroup's Leasing Customer Base New York — Citigroup (NYSE:C) today announced that it has completed its previously announced acquisition of Copelco Capital, Inc., a leader in small ticket vendor leasing, from Itochu International, Inc ...
6th May, 2000
Citigroup and Taiwan's Fubon Group Announce a Powerful Strategic Partnership
  FOR IMMEDIATE RELEASE May 6, 2000 Citigroup and Taiwan's Fubon Group Announce a Powerful Strategic Partnership Positions Both Companies for Growth in Taiwan's Transforming Marketplace Lays Foundation to Capture Growth in Insurance in Asia Taiwan — Citigroup and the Fubon Group of companies today announced a strategic business partnership under which the companies will join forces to become leaders in the large and rapidly growing financial services market in Taiwan and establish a platform for expansion into other key Asian markets ...
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