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 Home > CitiGroup Press Release > 2007  
CitiGroup Press Releases
1st October, 2007
Citi Expects Substantial Decline in Third Quarter Net Income
PDF Format of thisPress Release FOR IMMEDIATE RELEASE Citigroup Inc. (NYSE: C) October 01, 2007   Citi Expects Substantial Decline in Third Quarter Net Income   New York, NY – Citigroup Inc ...
18th September, 2007
Citibank Lowers Base Rate
FOR IMMEDIATE RELEASE Citigroup Inc. (NYSE: C) September 18, 2007   Citibank Lowers Base Rate   New York – Citibank said today it has lowered its base lending rate to 7.75% from 8.25%, effective today, Tuesday, September 18, 2007 ...
7th September, 2007
Citi to Redeem Preferred Stock
FOR IMMEDIATE RELEASE Citigroup Inc. (NYSE: C) September 07, 2007   Citi to Redeem Preferred Stock   New York – Citi today announced that on October 9, 2007, it will redeem for cash all outstanding shares of its 5.864% Cumulative Preferred Stock, Series M ...
31st August, 2007
Citi to Purchase Assets of ACC Capital Holdings Wholesale Mortgage Origination & Mortgage Servicing Business
FOR IMMEDIATE RELEASE Citigroup Inc. (NYSE: C) August 31, 2007   Citi to Purchase Assets of ACC Capital Holdings Wholesale Mortgage Origination & Mortgage Servicing Business   New York, NY – Citi today announced that its Markets & Banking business has agreed to purchase the wholesale mortgage origination and mortgage servicing assets from ACC Capital Holdings (ACH) in a transaction scheduled to close on September 1, 2007 ...
22nd August, 2007
Citi Taps Fed Discount Window for $500 Million to Fund Clients
FOR IMMEDIATE RELEASE Citigroup Inc. (NYSE: C) August 22, 2007   Citi Taps Fed Discount Window for $500 Million to Fund Clients   New York, NY – Citi announced today that, on behalf of clients, its Citibank unit has accessed $500 million in 30-day term financing under the discount window program announced on Friday by the Federal Reserve Bank of New York.   Citibank carries a triple-A rating from Moody's Investors Service and a double-A-plus rating from Standard & Poor's, and has substantial liquidity and widespread borrowing capacity.   Citibank stands ready to continue to access the discount window as client needs and market conditions warrant ...
8th August, 2007
Citi to Redeem Preferred Stock
FOR IMMEDIATE RELEASE Citigroup Inc. (NYSE: C) August 08, 2007   Citi to Redeem Preferred Stock   New York – Citi today announced that on September 10, 2007, it will redeem for cash all outstanding shares of its 6.231% Cumulative Preferred Stock, Series H ...
2nd August, 2007
Citi Completes Acquisition of The BISYS Group, Inc.
FOR IMMEDIATE RELEASE Citigroup Inc. (NYSE: C) August 01, 2007   Citi Completes Acquisition of The BISYS Group, Inc.   Citi Completes Subsequent Sale of BISYS' Retirement and Insurance Divisions to Affiliates of J.C ...
24th July, 2007
Robert L. Ryan Joins Citi Board of Directors
FOR IMMEDIATE RELEASE Citigroup Inc. (NYSE: C) July 24, 2007   Robert L. Ryan Joins Citi Board of Directors   New York – Citi announced today that Robert L. Ryan, 64, the retired Chief Financial Officer of Medtronic Inc., has been elected to the Citi Board of Directors ...
20th July, 2007
Citi Reports Record Income from Continuing Operations of $6.2 Billion, Up 18%
• PDF format of thisearnings release • Financial SupplementPDF | Excel FOR IMMEDIATE RELEASE Citigroup Inc (NYSE: C) July 20, 2007   Citi Reports Record Income from Continuing Operations of $6.2 Billion, Up 18%   Record EPS from Continuing Operations of $1.24, Up 18%   Record Revenues of $26.6 Billion, Up 20%   Record International Results with Revenues Up 34%, Net Income Up 35%   Record Revenues and Net Income in Markets & Banking and Wealth Management New York, NY, July 20, 2007 — Citigroup Inc ...
19th July, 2007
Citi and Quiñenco Establish Partnership in Holding Company of Banco de Chile
  •  Release in Spanish        •  Release in Portuguese FOR IMMEDIATE RELEASE Citigroup Inc. (NYSE: C) July 19, 2007   Citi and Quiñenco Establish Partnership in Holding Company of Banco de Chile   Citi Secures Rights to Acquire 50% of the Holding Company That Controls Banco de Chile New York/Santiago – Citi and Quiñenco announced today that they have reached a definitive agreement to establish a strategic partnership that gives Citi the option to acquire up to 50% of LQIF, the holding company through which Quiñenco controls Banco de Chile ...
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