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 Home > CitiGroup Press Release > 2002  
CitiGroup Press Releases
30th October, 2002
Sallie L. Krawcheck to Become Chairman and CEO of New Independent Citigroup Business Providing Equity Research and Private Client Brokerage Services
  For immediate release Citigroup Inc. (NYSE symbol: C) October 30, 2002   Sallie L. Krawcheck to Become Chairman and CEO of New Independent Citigroup Business Providing Equity Research and Private Client Brokerage Services   Equity Research Will Be Independent from Corporate and Investment Banking and Underwriting   New Business to Operate Under “Smith Barney” Name New York, NY — Citigroup (NYSE:C) announced the appointment of Sallie L ...
23rd October, 2002
Sandy Weill Memo to Employees re: Oct. 23rd Wall Street Journal Story
For immediate release Citigroup Inc. (NYSE symbol: C) October 23, 2002   Sandy Weill Memo to Employees re: Oct. 23rd Wall Street Journal Story   Today’s Wall Street Journal carries a story that contains outrageous speculation and wild inferences ...
15th October, 2002
Citigroup Declares Dividends
  For immediate release Citigroup Inc. (NYSE symbol: C) October 15, 2002   Citigroup Declares Dividends   New York — The Board of Directors of Citigroup (NYSE: C) today declared a quarterly dividend on the company’s common stock of 18 cents per share, payable on November 22, 2002, to stockholders of record on November 4, 2002.   The Board also declared dividends on preferred stock as follows:   – Series F, payable December 1, 2002, to holders of record on November 15, 2002 ...
15th October, 2002
Citigroup Reports Third Quarter Earnings
  • PDF format of thisearnings release • Financial SupplementPDF - 461kb | Excel - 553kb • Third Quarter 2002 Earnings Review PDF - 277kb FOR IMMEDIATE RELEASE October 15, 2002   Citigroup Reports Third Quarter Earnings   Citigroup Third Quarter GAAP Net Income of $3.92 Billion, Up 23% Net Income Per Share of $0.76, Increasing 25%   Core Income Increases 17% to $3.79 Billion Core EPS of $0.74, Up 19% Revenues Increase 10% in the Quarter New York, NY — Citigroup Inc ...
14th October, 2002
Citigroup Statement on TheWall Street Journal Report on Lawsuit on Behalf of New York State Common Retirement Fund
For immediate release Citigroup Inc. (NYSE symbol: C) October 14, 2002   WorldCom and Citigroup:Citigroup Statement on TheWall Street Journal Report on Lawsuit on Behalf of New York State Common Retirement Fund   Related Information • WorldCom and Citigroup • July 24, 2002   Highlights from the Testimony of SSB's Jack Grubman New York, New York —In response to today’s Wall Street Journal story about a complaint filed Friday in the U.S ...
1st October, 2002
Michael T. Masin Named Vice Chairman and Chief Operating Officer of Citigroup
  For immediate release Citigroup Inc. (NYSE symbol: C) October 01, 2002   Michael T. Masin Named Vice Chairman and Chief Operating Officer of Citigroup   Masin named as Chair of Newly Formed Business Practices Committee   Company Announces New Corporate Governance Initiative: Ends Interlocking Directorships New York, New York, — Citigroup Chairman and Chief Executive Officer Sanford I ...
23rd September, 2002
NASD Winstar Inquiry Resolved
September 23, 2002   Citigroup Settles NASD Winstar Inquiry Without Admitting or Denying the Allegations   To: All Employees From: Chuck Prince, Chairman and Chief Executive Officer Global Corporate and Investment Bank   We are pleased that the NASD has settled its inquiry into Salomon Smith Barney's research coverage of Winstar Communications without the firm admitting or denying the allegations ...
19th September, 2002
Willumstad Statement Regarding Settlement of FTC Lawsuit Against Associates
  FOR IMMEDIATE RELEASE September 19, 2002   Statement By Robert B. Willumstad, President, Citigroup, Regarding Settlement of FTC Lawsuit Against Associates First Capital Corporation   New York — “We are pleased to resolve the FTC’s lawsuit regarding past lending practices of the Associates and appreciate its recognition of our efforts to raise consumer lending standards ...
18th September, 2002
Citigroup Board of Directors Announces Formation of Nominations and Governance Committee, Chaired by Franklin A. Thomas
FOR IMMEDIATE RELEASE September 18, 2002   Citigroup Board of Directors Announces Formation of Nominations and Governance Committee, Chaired by Franklin A. Thomas   Jack Roche Appointed as Head of Previously Announced Business Practices Committee New York, New York — The Board of Directors of Citigroup (NYSE: C) today announced the formation of a new Nominations and Governance Committee chaired by former Ford Foundation President Franklin A ...
8th September, 2002
Citigroup Names Charles Prince Chairman and CEO of The Global Corporate and Investment Bank
FOR IMMEDIATE RELEASE CITIGROUP: (NYSE: C) September 08, 2002   Citigroup Names Charles Prince Chairman and CEO of The Global Corporate and Investment Bank   New Business Practices Committee Formed New York, New York — Citigroup today announced that it has named Charles Prince, 52, as Chairman and Chief Executive Officer of the Global Corporate and Investment Bank, effective immediately ...
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