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CitiGroup Press Releases |
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27th May, 2008
Citigroup Preferred Stock, Series F Dividend Declared
FOR IMMEDIATE RELEASE
Citigroup Inc. (NYSE: C)
May 23, 2008
Citigroup Preferred Stock, Series F Dividend Declared
New York – An initial period dividend was declared today on Citigroup's recently issued preferred stock as follows:
– 8.50% Non-Cumulative Preferred Stock, Series F, payable June 16, 2008, to holders of record on June 5, 2008 ...
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14th May, 2008
Citi Names Deborah Hopkins Chief Innovation Officer
FOR IMMEDIATE RELEASE
Citigroup Inc. (NYSE: C)
May 14, 2008
Citi Names Deborah Hopkins Chief Innovation Officer
New York – Citi announced today the appointment of Deborah Hopkins to the new position of Chief Innovation Officer, effective immediately ...
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2nd May, 2008
Citi and State Street to Sell CitiStreet for $900 Million
FOR IMMEDIATE RELEASE
Citigroup Inc. (NYSE: C)
May 02, 2008
Citi and State Street to Sell CitiStreet for $900 Million
Boston and New York – Citigroup Inc. (NYSE: C) and State Street Corporation (NYSE: STT) today announced that they have entered into a definitive agreement to sell CitiStreet, a benefits servicing business, to ING Group in an all-cash transaction valued at $900 million ...
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1st May, 2008
Nikko Citi Holdings Inc. Becomes Citi's Principal Holding Company in Japan
Appendices
FOR IMMEDIATE RELEASE
Citigroup Inc. (NYSE: C)
May 01, 2008
Nikko Citi Holdings Inc. Becomes Citi's Principal Holding Company in Japan
Tokyo – Citi today announced that it had successfully completed the previously announced merger of Nikko Cordial Corporation into Citigroup Japan Holdings Ltd., with the surviving entity known as Nikko Citi Holdings Inc.
Nikko Citi Holdings, which will continue to be a direct 100%-owned subsidiary of Citigroup Inc., will be Citi's principal holding company in Japan, with responsibility for establishing group-wide strategies, for overseeing and coordinating the activities of Nikko Citi Holdings' direct and indirect operating subsidiaries, and for ensuring a solid foundation of governance, compliance, controls and risk management for the combined group.
Citi's new group structure in Japan, which is expected to be implemented in phases over the next 18-24 months and which remains subject to receipt of approvals from relevant authorities, is intended to enable group-wide management of Citi's securities, banking and related businesses in Japan on a unified basis ...
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30th April, 2008
Citibank Lowers Base Rate
FOR IMMEDIATE RELEASE
Citigroup Inc. (NYSE: C)
April 30, 2008
Citibank Lowers Base Rate
New York – Citibank said today it has lowered its base lending rate to 5.00% from 5.25%, effective today, Wednesday, April 30, 2008 ...
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30th April, 2008
Citi Prices $4.5 Billion Common Stock Offering
Related Press Release
FOR IMMEDIATE RELEASE
Citigroup Inc. (NYSE: C)
April 30, 2008
Citi Prices $4.5 Billion Common Stock Offering
New York – Citi today announced the pricing of its offering of $4.5 billion, or 178,076,770 shares, of common stock ...
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29th April, 2008
Citi Announces $3 Billion Common Stock Offering
Related Press Release
FOR IMMEDIATE RELEASE
Citigroup Inc. (NYSE: C)
April 29, 2008
Citi Announces $3 Billion Common Stock Offering
New York – Citi today announced it has commenced an offering of approximately $3 billion of common stock ...
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21st April, 2008
Citigroup Declares Dividends
FOR IMMEDIATE RELEASE
Citigroup Inc. (NYSE: C)
April 21, 2008
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 32 cents per share, payable on May 23, 2008, to stockholders of record on May 5, 2008.
The Board also declared dividends on preferred stock as follows:
6.5% Non-Cumulative Convertible Preferred Stock, Series T, payable May 15, 2008, to holders of record on May 5, 2008 ...
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31st March, 2008
Citi Announces New Corporate Organizational Structure and Leadership Team
• New Senior Leadership Committee
• Related Press Release
FOR IMMEDIATE RELEASE
Citigroup Inc. (NYSE: C)
March 31, 2008
Citi Announces New Corporate Organizational Structure and Leadership Team
Client-Focused Reorganization Driven by Global Business Reviews
New Structure Streamlines Decision-Making, Promotes Partnership and Collaboration throughout the Global Business
New Organization Centralizes IT and Corporate Functions, Driving Greater Efficiency and Cost Control
New York – Vikram Pandit, Citi's Chief Executive Officer, today announced a comprehensive reorganization of Citi's structure to achieve greater client focus and connectivity, global product excellence, and clear accountability ...
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26th March, 2008
Citi Settles Enron Estate Litigation for $1.66 Billion
FOR IMMEDIATE RELEASE
Citigroup Inc. (NYSE: C)
March 26, 2008
Citi Settles Enron Estate Litigation for $1.66 Billion
Also Resolves Litigation With Holders of Enron Credit-Linked Notes
Settlements are Fully Covered by Existing Legal Reserves
New York – Citi today announced it has reached settlement agreements resolving the two largest remaining claims against Citi arising out of the collapse of Enron in 2001 ...
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