Resultado da Busca
Citigroup Inc. é a maior empresa do ramo de serviços financeiros do mundo de acordo com a revista Forbes. [carece de fontes] Tem sede na cidade de Nova Iorque. A sua formação foi anunciada em 7 de abril de 1998, a partir da fusão do Citicorp com o Travelers Group.
Citigroup Inc. or Citi ( stylized as citi) is an American multinational investment bank and financial services corporation incorporated in Delaware and headquartered in New York City. The company was formed by the merger of Citicorp, the bank holding company for Citibank, and Travelers in 1998; Travelers was spun off from the company in 2002.
Citi is a bank that connects the dots across borders, currencies and asset classes. It serves institutional and retail clients with financial services that enable growth and economic progress.
- History
- Chairmen
- Controversies
- Sponsorship
- In Popular Culture
- See Also
- Further Reading
Early history
The City Bank of New York was founded on June 16, 1812. The first president of the City Bank was the statesman and retired Colonel, Samuel Osgood. After Osgood's death in August 1813, William Few became President of the bank, staying until 1817, followed by Peter Stagg (1817–1825), Thomas Smith (1825–1827), Isaac Wright (1827–1832), and Thomas Bloodgood (1832–1843). After the Panic of 1837, Moses Taylor acquired control of the company. During Taylor's ascendancy, the bank functioned largely a...
Automated banking card
Also in the 1980s, the bank launched the Citicard, which allowed customers to perform all transactions without a passbook. Branches also had terminals with simple one-line displays that allowed customers to get basic account information without a bank teller.
Credit card business
In the 1960s the bank entered into the credit card business. In 1965, First National City Bank bought Carte Blanche from Hilton Hotels. Three years later, the bank (under pressure from the U.S. government) sold this division. By 1968, the company created its own credit card. The card, known as "The Everything Card", was promoted as a kind of East Coast version of the BankAmericard. By 1969, First National City Bank decided that the Everything Card was too costly to promote as an independent b...
Since the bank's founding in 1812, it has been led by a President, with Samuel Osgood being elected as the first President. In 1909, James Stillmanbecame the first chairman of the company.
Alleged money laundering by Raul Salinas
In 1998, the General Accounting Office issued a report critical of Citibank's handling of funds received from Raul Salinas de Gortari, brother of Carlos Salinas, the former president of Mexico. The report, titled "Raul Salinas, Citibank and Alleged Money Laundering", indicated that Citibank facilitated the transfer of millions of dollars through complex financial transactions that hid the funds' paper trail. The report indicated that Citibank took on Salinas as a client without making a thoro...
Yakuza links
Citibank has been punished by the Japanese Financial Services Agency twice (2004 and 2009) for aiding and abetting money laundering by yakuza members; there was no punishment from the U.S. side. In 2004–2006, Immigration Customs Enforcement (ICE) seized close to $1 million worth of assets in the United States owned by Susumu Kajiyama, the so-called emperor of loan sharks, and a Yamaguchi-gumiGoryokai member. "In 2004, Citibank (Japan) lost their private banking license because they were allow...
Funding of the Dakota Access Pipeline
Citibank is one of the lead lenders to the developers of the Dakota Access Pipeline project in North Dakota, a 1,172-mile-long (1,886 km) oil pipeline project. The pipeline has been controversial regarding its potential environmental impacts and impacts to Siouan sacred lands and water supply.According to a statement by Hugh MacMillan, a senior researcher on water, energy and climate issues, Citibank has been "running the books on this project, and that's the bank that beat the bushes and got...
Citibank sponsors Citi Field, home of the New York Mets baseball club as well as the Washington Opentennis championship. The firm became a sponsor of the Australian Rugby Union team in 2001 for a three-year deal, and a major sponsor of the Sydney Swans in 2005, who play in the Australian Football League. In the late 1970s, First National City was h...
Political cartoonist Michel Kichka satirized Citibank in his 1982 poster ...And I Love New York, in which the lettering above the entrance to a New York City branch reads" "Citibang". Meanwhile, a...The 2001 song "Short Skirt/Long Jacket" references the company with the line "At Citibank, we will meet accidentally."Cleveland, Harold van B.; Huertas, Thomas F. (1985). Citibank, 1812–1970. Harvard University Press. OCLC 11867287.Zweig, Philip L. (1995). Wriston: Walter Wriston, Citibank and the Rise and Fall of American Financial Supremacy. Crown Publishers. OCLC 232673245.Freeman, James; McKinley, Vern (2018). Borrowed Time: Two Centuries of Booms, Busts, and Bailouts at Citi. Harper Business. OCLC 1028607879.O Citibank é um banco global com mais de três mil filiais em 36 países ao redor do mundo. Os Estados Unidos são o maior mercado único, com aproximadamente 26% das agências, gerando 51% da receita da empresa.
O Citi atua no Brasil desde 1915 e oferece uma ampla gama de serviços bancários para clientes corporativos, institucionais e de altíssimo patrimônio. É conhecido por seus altos padrões de qualidade e atitude pioneira na criação de produtos financeiros e serviços.
Citigroup Inc. é a maior empresa do ramo de serviços financeiros do mundo de acordo com a revista Forbes. [carece de fontes?] Tem sede na cidade de Nova Iorque. A sua formação foi anunciada em 7 de abril de 1998, a partir da fusão do Citicorp com o Travelers Group.
