Citigroup.com News Feed http://www.citigroup.com/ Citigroup.com News Source Wed, 29 Jul 2015 09:59:37 EDT en-us Citigroup.com Content Management System Mon, 27 Jul 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150727b.htm Citi-Wide Citigroup Inc. Announces Offer to Purchase Seven Series of Outstanding Notes NEW YORK - Citigroup Inc. ("Citigroup") today announced the commencement of offers to purchase for cash (i) any and all of its notes of the series set forth in the first table below, under the heading "Any and All Notes," (the "Any and All Notes") and (ii) certain of its notes of the series set forth in the second table below, under the heading "Maximum Tender Notes," (the "Maximum Tender Notes") up to an aggregate principal amount with respect to each series of Maximum Tender Notes as set forth in the second table below (each, a "Maximum Series Tender Cap") (all such notes in the first and second table collectively, the "Notes" and each a "series" of Notes). http://www.citigroup.com/citi/news/2015/150727b.htm Mon, 27 Jul 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150727a.htm Consumer Banking/Asia Pacific Euromoney Names Citi Best Bank in Asia Euromoney named Citi the Best Bank for 2015 &#150; the eighth time in the last 10 years that Citi has picked up the prestigious award. Citi also picked up Best Investment Bank and M&A house in India at an awards ceremony in Hong Kong on July 16. http://www.citigroup.com/citi/news/2015/150727a.htm Fri, 24 Jul 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150724a.htm North America Citi Bike&reg; Program Expansion to Begin in August New York, NY - New York City Department of Transportation Commissioner Polly Trottenberg and Motivate CEO Jay Walder today announced that Citi Bike expansion will begin in early August with a first wave of new stations including stations in Long Island City, Williamsburg, Greenpoint, and Bedford Stuyvesant. The announcement is the first phase of a dramatic expansion plan that will double the size of the popular bike share network from 6,000 to 12,000 bikes over the course of two years as it grows across New York City. http://www.citigroup.com/citi/news/2015/150724a.htm Thu, 23 Jul 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150723a.htm Consumer Banking/Asia Pacific Citi Mobile Challenge Launches in Asia Pacific Hong Kong - Citi today announced the launch of Citi Mobile Challenge in Asia Pacific, part of Citi's drive to foster digital and mobile innovation in banking. http://www.citigroup.com/citi/news/2015/150723a.htm Wed, 22 Jul 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150722b.htm Citi-Wide Citi Releases 2015 Mid-Cycle Stress Test Disclosures New York - Citi today released the disclosures required by the rules of the Federal Reserve Board in connection with Citi's 2015 Mid-Cycle Stress Test. This information may be found on Citi's website at www.citigroup.com/citi/investor. http://www.citigroup.com/citi/news/2015/150722b.htm Wed, 22 Jul 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150722a.htm Citi-Wide North America Citigroup Statement on Banamex USA New York - Citi issued the following statement today on Banamex USA's (BUSA) settlement with the Federal Deposit Insurance Corporation (FDIC) and California's Department of Business Oversight (DBO) over identified deficiencies in BUSA's Bank Secrecy Act/Anti-Money Laundering (BSA/AML) program. The settlement includes a payment of a civil monetary penalty of $140 million, which was previously fully reserved. http://www.citigroup.com/citi/news/2015/150722a.htm Tue, 21 Jul 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150721a.htm Consumer Banking Citi Statement on U.S. Credit Card Add-On Product Agreements New York - Citi issued the following statement today on agreements it has reached with the Office of the Comptroller of the Currency (OCC) and the Consumer Financial Protection Bureau (CFPB) to resolve previously disclosed regulatory reviews of billing and marketing practices related to certain credit card add-on products. The practices include those administered by third-party vendors as well as fees for expedited phone payments charged on certain products. http://www.citigroup.com/citi/news/2015/150721a.htm Thu, 16 Jul 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150716a.htm Citi-Wide Citigroup Reports Second Quarter 2015 Earnings per Share of $1.51; $1.45 Excluding CVA/DVA New York - Citigroup Inc. today reported net income for the second quarter 2015 of $4.8 billion, or $1.51 per diluted share, on revenues of $19.5 billion. This compared to net income of $181 million, or $0.03 per diluted share, on revenues of $19.4 billion for the second quarter 2014. http://www.citigroup.com/citi/news/2015/150716a.htm Wed, 15 Jul 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150715d.htm Citi-Wide Citigroup Declares Common Stock Dividend New York - The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup's common stock of $0.05 per share, payable on August 28, 2015 to stockholders of record on August 3, 2015. http://www.citigroup.com/citi/news/2015/150715d.htm Mon, 13 Jul 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150713a.htm Citi-Wide Citi Board Elects Eugene M. McQuade to Board of Directors New York - Citi's Board of Directors today announced that it has elected Eugene M. McQuade as a new non-executive director. Mr. McQuade is the former CEO of Citibank, N.A. and former Vice Chairman of Citigroup and is currently the Chairman of the Board of XL Group. http://www.citigroup.com/citi/news/2015/150713a.htm Thu, 09 Jul 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150710a.htm Citi-Wide Institutional Clients Group Consumer Banking Citi Named "Best Global Bank" by Euromoney London - Citi was named &quot;Best Global Bank&quot; for 2015 by Euromoney, the preeminent global financial markets magazine, at its annual Awards for Excellence dinner in London. http://www.citigroup.com/citi/news/2015/150710a.htm Thu, 09 Jul 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150709b.htm Consumer Banking North America U.S.: Tractor Supply Company and Citi Retail Services Announce Extension of Credit Card Program Brentwood, Tenn., and Atlanta, Ga. - Tractor Supply Company, America's largest operator of rural lifestyle retail stores, and Citi Retail Services, one of the country's largest and most experienced private label credit card issuers, announced today a multi-year extension of their credit card relationship. http://www.citigroup.com/citi/news/2015/150709b.htm Thu, 09 Jul 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150709a.htm Institutional Clients Group/Asia Pacific Citi Wins 2015 Best Fund Administrator for Alternatives at The Asset Awards Hong Kong - The Asset magazine honored Citi as the 'Best Fund Administrator for Alternatives' in Asia in its 2015 Triple A Asset Servicing, Investor and Fund Management Awards. The publication describes the awards as Asia's defining recognition for excellence in the industry. This is the fourth year in a row that Citi has won the accolade. http://www.citigroup.com/citi/news/2015/150709a.htm Wed, 08 Jul 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150708a.htm Citi-Wide Citigroup Announces Expiration and Final Tender Results of Offers to Purchase Specified Series of Outstanding Notes New York - Citigroup Inc. ("Citigroup") announced today the expiration and final tender results of its previously announced cash tender offers (each, an "Offer" and, collectively, the "Offers") with respect to each series of notes listed in the table below (the "Notes"). http://www.citigroup.com/citi/news/2015/150708a.htm Tue, 07 Jul 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150707a.htm Consumer Banking/North America Local Manhattan Restaurant Randolph Beer Selected as Winner of Second Annual "Citi Small Business Call-Ups" Program New York - Citi today announced Randolph Beer as the winner of the second annual Citi Small Business Call-Ups program, which will highlight the local Manhattan gastropub's American cuisine during the second half of the 2015 New York Mets season at Citi Field starting on Thursday, July 23. http://www.citigroup.com/citi/news/2015/150707a.htm Thu, 02 Jul 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150708b.htm Consumer Banking/Europe, Middle East & Africa Russia: Citi's Annual Study - Record Drop in Credit Card Spending Abroad Moscow - The number of credit card transactions made outside of Russia over the first five months of the year has decreased by 27 percent, compared to the same period in 2014, analysts of Citibank's consumer banking division report in their annual study. The number of online transactions processed abroad increased by 11 percent while in-store purchases (offline) decreased by 36 percent. The biggest declines in spending were seen in leather goods (down 50 percent), jewelry (down 51 percent) and sporting goods (down 48 percent). The number of Russians travelling abroad in the first part of the year dropped by 23 percent. http://www.citigroup.com/citi/news/2015/150708b.htm Wed, 01 Jul 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150701d.htm Citi-Wide Citigroup Declares Preferred Dividends New York - The Preferred Stock Committee of the Board of Directors of Citigroup Inc. today declared dividends on Citigroup's preferred stock as follows http://www.citigroup.com/citi/news/2015/150701d.htm Wed, 01 Jul 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150701c.htm Consumer Banking Citi Launches New Citi Mobile App for iPhone in the U.S. New York - Citi announced today the release of its completely redesigned Citi Mobile App for iPhone in the U.S. The new app for consumer banking and credit card customers enables the use of the Touch ID feature on iPhone devices, integrates with Apple Watch and adds new features responding to customer feedback and changing behaviors. Citi redesigned the app, consolidating menus, delivering effortless browsing, and introducing a new, simplified experience. http://www.citigroup.com/citi/news/2015/150701c.htm Wed, 01 Jul 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150701b.htm North America Citi Unveils New York Mets-Wrapped Citi Bikes - as Part of New Social Media Sweepstakes New York - In celebration of its ongoing partnership with the New York Mets, Citi today launched the Citi Bike Sweepstakes, a social media campaign centered on the new Mets-wrapped Citi Bikes, which will be in market for the month of July. Every day, from July 1 to July 29, fans will have the opportunity to win special Citi Perks and Mets-themed prizes, including game tickets and branded backpacks and baseball hats. At the conclusion of the sweepstakes, one participant will win the chance to throw out the first pitch at Citi Field. http://www.citigroup.com/citi/news/2015/150701b.htm Wed, 01 Jul 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150701a.htm Citi-Wide Citi Second Quarter 2015 Fixed Income Investor Review New York - John Gerspach, Chief Financial Officer, will conduct the Citigroup second quarter 2015 Fixed Income Investor Review at 11:00 AM (ET) on Tuesday, July 21, 2015. The review will be available live via webcast and teleconference. http://www.citigroup.com/citi/news/2015/150701a.htm Thu, 25 Jun 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150625a.htm Consumer Banking Brooks Brothers and Citi Announce Exclusive Credit Card Relationship New York, NY, and Atlanta, GA &#150; Brooks Brothers, America's longest established apparel brand, and Citi Retail Services, one of the country's largest and most experienced private label credit card issuers, announced today their new multi-year credit card relationship. As part of the agreement, Citi Retail Services, a unit of the 203-year-old global bank, will provide private label and co-branded credit cards for the nearly 200-year-old retailer. The transaction included. Citi's acquisition of the existing Brooks Brothers card portfolio. http://www.citigroup.com/citi/news/2015/150625a.htm Tue, 23 Jun 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150623d.htm Citi-Wide North America Citigroup Announces Reference Yields and Total Consideration for Note Tender Offers NEW YORK &#150; Citigroup Inc. ("<b>Citigroup</b>") announced today the applicable Reference Yield and Total Consideration for the previously announced cash tender offers (each, an "<b>Offer</b>" and, collectively, the "<b>Offers</b>") with respect to each series of Notes listed in the table below (the "<b>Notes</b>"). http://www.citigroup.com/citi/news/2015/150623d.htm Tue, 23 Jun 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150623c.htm Consumer Banking North America Citi Retail Services Wins an American Business Award for "Innovation of the Year" Chicago, IL &#150; Citi Retail Services, one of the country's largest and most experienced private label credit card issuers, won a Bronze "Stevie Award" in this year's American Business Awards for its Field Sales Team Enhancement project. Citi launched the project to help its in-store credit sales teams increase analytic capabilities and effectiveness to drive business for its retail client partners. http://www.citigroup.com/citi/news/2015/150623c.htm Tue, 23 Jun 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150623b.htm Citi-Wide North America Citigroup Announces Upsizing and Early Tender Results of Offers to Purchase Specified Series of Outstanding Notes NEW YORK &#150; Citigroup Inc. ("<b>Citigroup</b>") announced today that it has increased the maximum aggregate principal amounts of specified series of notes (the "<b>Notes</b>") that it will accept (each, a "<b>Maximum Series Tender Cap</b>") and the aggregate principal amounts of Notes that were validly tendered and not validly withdrawn prior to 5:00 p.m., New York City time, on June 22, 2015 (the "<b>Early Tender Date</b>") pursuant to its previously announced cash tender offers (each, an "<b>Offer</b>" and, collectively, the "<b>Offers</b>"), as set forth in the table below. All Notes that have been validly tendered at or prior to the Early Tender Date and are accepted in the Offers will be purchased, retired and cancelled by Citigroup on the early settlement date, which is expected to occur on June 25, 2015 (the "<b>Early Settlement Date</b>"). http://www.citigroup.com/citi/news/2015/150623b.htm Tue, 23 Jun 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150623a.htm Institutional Clients Group North America Shifts in Industry Wide AUM are Projected to Favor Unconstrained Long Strategies, Smart Beta Products and Liquid Alternatives: Citi Survey NEW YORK &#150; In an effort to narrow the gap between dynamically managed, multi-asset institutional portfolios and the current set of static, single asset class or balanced retail fund offerings that combine just equities and bonds, asset managers are increasingly likely to bundle together three growing product sets into new packaged retail solutions that combine portfolio construction, risk management and investment oversight into a single investment fund, Citi concludes in its 6th Annual Industry Evolution Survey. The findings are based on one-on-one interviews with 100 firms globally, covering investment managers with $25 trillion AUM (35 percent of the industry's total) and investors and intermediaries with AUM of $5 trillion. http://www.citigroup.com/citi/news/2015/150623a.htm Mon, 22 Jun 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150708c.htm Consumer Banking/Europe, Middle East & Africa Citi Handlowy Named Third-Best Commercial Bank, According to Gazeta Bankowa Warsaw - Citi Handlowy received the third prize in the Best Bank 2015 competition in the category of commercial banks. The prize awarded by Gazeta Bankowa was presented at the gala which took place June 17, 2015. As part of the 23rd edition of the competition, awards were handed to banks that achieved the best financial results. http://www.citigroup.com/citi/news/2015/150708c.htm Mon, 15 Jun 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150710b.htm Responsible Finance Latin America Citi, Avina and Red De Microfinanzas Launch 2015 Citi Microentrepreneurship Awards Asuncion, Paraguay - Citibank, working through the Citi Foundation and in collaboration with Avina and Red de Microfinanzas del Paraguay, recently launched the fourth annual Citi Microentrepreneurship Awards. http://www.citigroup.com/citi/news/2015/150710b.htm Mon, 15 Jun 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150616a.htm Institutional Clients Group North America Citi Recognized for its Innovation and Achievements in Structured Products New York &#150; Citi has been recognized for its innovation and achievements in structured products at the North American StructuredRetailProducts.com (SRP) Awards gala, part of the annual North American Structured Product Conference. http://www.citigroup.com/citi/news/2015/150616a.htm Mon, 15 Jun 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150615b.htm Citi-Wide Citigroup Announces Expiration and Final Tender Results of Offers to Purchase Specified Series of Outstanding Notes New York - Citigroup Inc. ("Citigroup") announced today the expiration and final tender results of its previously announced cash tender offers (each, an "Offer" and, collectively, the "Offers") with respect to each series of notes set forth in the first table below (the "Any and All Notes") and the second table below (the "Maximum Tender Notes", and together with the Any and All Notes, the "Notes"). http://www.citigroup.com/citi/news/2015/150615b.htm Mon, 15 Jun 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150615a.htm Institutional Clients Group North America Citi and Renew Financial Announce First-Ever Energy Efficiency Loan Asset-Backed Security Transaction New York - Citi and Renew Financial today announced that they recently closed the first ever asset-backed security (ABS) transaction comprising unsecured consumer energy efficiency loans. http://www.citigroup.com/citi/news/2015/150615a.htm Sat, 13 Jun 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150613a.htm Citi-Wide Responsible Finance Citi Celebrates 10th Annual Global Community Day as More Than 77,000 Volunteers Mobilize to Serve Nearly 500 Cities Around the World New York - Today Citi celebrates its 10th annual Global Community Day, as more than 77,000 Citi volunteers in 487 cities spanning 93 countries and territories engage in service activities to benefit their local communities. In the days leading up to and including Global Community Day, Citi colleagues, alumni, clients, family and friends worked side-by-side on more than 1,200 service projects ranging from urban revitalization to literacy and education, career readiness, environmental conservation and disaster relief. http://www.citigroup.com/citi/news/2015/150613a.htm Wed, 10 Jun 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150610a.htm Citi-Wide Responsible Finance Citi's 2014 Global Citizenship Report Highlights Efforts to Enable Economic Progress in Communities Around the World New York - Citi today released its 2014 Global Citizenship Report highlighting efforts underway in the past year to empower people, support economic progress in cities, and catalyze sustainable growth. The report, Progress: Responding to Global Challenges, examines how Citi lends, invests and facilitates growth through core business activities and philanthropic efforts, as well as partnerships and new approaches to address pressing needs. http://www.citigroup.com/citi/news/2015/150610a.htm Tue, 09 Jun 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150609c.htm Citi-Wide Citigroup Inc. Announces Offers to Purchase Two Series of Outstanding Notes New York - Citigroup Inc. ("Citigroup") today announced the commencement of offers to purchase for cash certain of its notes of the series set forth in the table below up to an aggregate principal amount with respect to each series of notes (each, a "Maximum Series Tender Cap"). The offer to purchase each series of Notes is referred to as an "Offer" and all such offers are referred to collectively as the "Offers." The Notes had an aggregate principal amount outstanding of approximately U.S. $2.35 billion as of June 8, 2015. http://www.citigroup.com/citi/news/2015/150609c.htm Tue, 09 Jun 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150609a.htm Consumer Banking/Europe, Middle East & Africa Citi Announces Agreement to Sell Consumer Bank in Egypt London - Citi today signed an agreement with Commercial International Bank (CIB) to sell its consumer banking business in Egypt. The sale, which is subject to regulatory approvals, is targeted to close later in 2015. Approximately 900 full-time consumer banking and contract employees, eight Citi branches and the ATM network in Egypt will also transfer to CIB upon closing. http://www.citigroup.com/citi/news/2015/150609a.htm Thu, 04 Jun 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150604a.htm Citi-Wide Citigroup President and CEO of Institutional Clients Group James Forese to Present at the 2015 Morgan Stanley Financials Conference New York - James Forese, President of Citigroup and Chief Executive Officer of the Institutional Clients Group, will present at the 2015 Morgan Stanley Financials Conference on Wednesday, June 10, 2015. The presentation is expected to begin at approximately 12:05 p.m. (Eastern). A live webcast will be available at www.citigroup.com/citi/investor. A replay and transcript of the webcast will be available shortly after the event. http://www.citigroup.com/citi/news/2015/150604a.htm Mon, 01 Jun 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150601c.htm Citi-Wide Citigroup Announces Reference Yields and Total Consideration for Note Tender Offers New York - Citigroup Inc. ("Citigroup") announced today the applicable Reference Yield and Total Consideration for the previously announced cash tender offers (each, an "Offer" and, collectively, the "Offers") with respect to each series of notes set forth in the first table below (the "Any and All Notes") and the second table below (the "Maximum Tender Notes," and together with the Any and All Notes, the "Notes"). http://www.citigroup.com/citi/news/2015/150601c.htm Mon, 01 Jun 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150601b.htm Citi-Wide Citigroup Announces Upsizing and Early Tender Results of Offers to Purchase Specified Series of Outstanding Notes New York - Citigroup Inc. ("Citigroup") announced today (i) that it has increased the maximum aggregate principal amounts that it will accept (the "Maximum Series Tender Cap") of the 6.125% Subordinated Notes due 2036 as set forth in the second table below, and (ii) the aggregate principal amounts of the notes set forth in the first table below (the "Any and All Notes") and the second table below (the "Maximum Tender Notes") that were validly tendered and not validly withdrawn prior to 5 p.m., New York City time, on May 29, 2015 (the "Early Tender Date") pursuant to its previously announced cash tender offers (each, an "Offer" and, collectively, the "Offers") (the Any and All Notes and the Maximum Tender Notes, the "Notes"). All Notes that have been validly tendered at or prior to the Early Tender Date and are accepted in the Offers will be purchased, retired and cancelled by Citigroup on the early settlement date, which is expected to occur on June 3, 2015 (the "Early Settlement Date"). http://www.citigroup.com/citi/news/2015/150601b.htm Mon, 01 Jun 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150601a.htm Citi-Wide Citi Second Quarter 2015 Earnings Review New York - Citigroup will issue its second quarter results via press release at approximately 8:00 a.m. (ET) on Thursday, July 16, 2015. At 11:00 a.m. (ET), results will be reviewed via live webcast and teleconference. http://www.citigroup.com/citi/news/2015/150601a.htm Thu, 28 May 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150602a.htm Europe, Middle East & Africa Manchester City Football Club and Citi Announce New Partnership Dubai - Manchester City Football Club and Citi announced today a new sponsorship that will see the English Premier League Club join forces with the leading global bank. Through this multi-year agreement, Citi will become an official banking partner of Manchester City FC.. http://www.citigroup.com/citi/news/2015/150602a.htm Thu, 28 May 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150528a.htm Consumer Banking/Europe, Middle East & Africa Citi Announces Top Innovations from Citi Mobile Challenge in Jerusalem, London, Nairobi and Warsaw New York / London - Today Citi announced the top innovations from the Citi Mobile Challenge in Europe, the Middle East and Africa (EMEA). This global initiative launched in EMEA in February and invited developers to build solutions based on Citi's digital platform and present concepts at events in Jerusalem, London, Nairobi and Warsaw. http://www.citigroup.com/citi/news/2015/150528a.htm Tue, 26 May 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150529a.htm Institutional Clients Group/Europe, Middle East & Africa Algerian Market Core to Bank's Strategy; Serving Institutional Businesses for More than 20 Years Algiers, Algeria - Citi CEO for the Europe, Middle East and Africa region Jim Cowles recently visited Algeria, where he met with key officials, clients and employees. The visit was an opportunity to reiterate the bank's strategic commitment to Algeria, where Citi has been continuously present since 1991. Cowles also visited the site of the Bank's future premises located in El Ksar building Bab Ezzouar, Algiers. http://www.citigroup.com/citi/news/2015/150529a.htm Wed, 20 May 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150520a.htm Citi-Wide Citigroup Announces Foreign Exchange Settlements with the U.S. Department of Justice and the Federal Reserve New York - Citi announced today that it has entered into settlements with the United States Department of Justice (DOJ) and the Board of Governors of the Federal Reserve System (Fed) to resolve investigations into Citi's foreign exchange business. http://www.citigroup.com/citi/news/2015/150520a.htm Tue, 19 May 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150519b.htm Citi-Wide Citigroup CEO Michael Corbat to Present at Bernstein's 31st Annual Strategic Decisions Conference New York - Michael Corbat, Chief Executive Officer of Citigroup, will present at Bernstein's 31st Annual Strategic Decisions Conference on Thursday, May 28, 2015. The presentation is expected to begin at approximately 10 a.m. (Eastern). A live webcast will be available at www.citigroup.com/citi/investor. A replay and transcript of the webcast will be available shortly after the event. http://www.citigroup.com/citi/news/2015/150519b.htm Tue, 19 May 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150519a.htm Responsible Finance North America The Citi Foundation and Living Cities Announce Selection of Five Cities to Join City Accelerator Initiative to Promote Local Government Innovation New York and Washington, D.C. - The Citi Foundation and Living Cities today announced that Albuquerque, Atlanta, Baltimore, New Orleans and Seattle will receive support to adopt leading practices in community engagement through the City Accelerator, a $3 million initiative to advance innovation in local government. Over the next 18 months, participating cities will apply innovative approaches to enhance the ways in which cities engage with their citizens on important local issues such as city planning, entrepreneurship and healthcare. In addition to addressing these specific issues, participating cities will seek to integrate these approaches into their daily operations, so that enhanced engagement becomes course-of-business. As part of the City Accelerator initiative, each city will receive up to $170,000 in financial and in-kind support to enable this work. http://www.citigroup.com/citi/news/2015/150519a.htm Mon, 18 May 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150518b.htm Institutional Clients Group/Asia Pacific Citi Pioneers Global RMB Netting Solution with Samsung Electronics Hong Kong - Citi today announced that it has successfully implemented a global RMB netting solution for Samsung Electronics, one of the world's leading electronic companies. http://www.citigroup.com/citi/news/2015/150518b.htm Mon, 18 May 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150518a.htm Consumer Banking/North America "Citi Call-Ups" Will Bring One Local New York Restaurant up to the Big Leagues to Dish Out Cuisine at Citi Field New York - Citi announced today the launch of the Citi Call-Ups program, which will present a local New York restaurant with the opportunity to showcase its cuisine at Citi Field during the second half of the 2015 New York Mets season. Now in the initiative's second season, Citi has nominated four independently-owned local neighborhood restaurants to be voted on by fans - with the winning business to be featured alongside some of New York's premier culinary all-stars. http://www.citigroup.com/citi/news/2015/150518a.htm Fri, 15 May 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150515b.htm Consumer Banking/North America U.S.: Citi Retail Services Chosen as "Innovation of the Year" Finalist by American Business Awards Atlanta - Citi Retail Services, one of the country's largest and most experienced private label credit card issuers, was chosen as a finalist in the Innovation of the Year category in The 2015 American Business Awards for its Field Sales Team Enhancement project. http://www.citigroup.com/citi/news/2015/150515b.htm Fri, 15 May 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150515a.htm Citi-Wide Citigroup Inc. Announces Offers to Purchase Six Series of Outstanding Notes New York - Citigroup Inc. (&quot;Citigroup&quot;) today announced the commencement of offers to purchase for cash (i) any and all of its notes of the series set forth in the first table below, under the heading &quot;Any and All Notes,&quot; (the &quot;Any and All Notes&quot;) and (ii) certain of its notes of the series set forth in the second table below, under the heading &quot;Maximum Tender Notes,&quot; (the &quot;Maximum Tender Notes&quot;) up to an aggregate principal amount with respect to each series of Maximum Tender Notes as set forth in the second table below (each, a &quot;Maximum Series Tender Cap&quot;) (all such notes in the first and second table collectively, the &quot;Notes&quot; and each a &quot;series&quot; of Notes). The offer to purchase each series of Notes is referred to as an &quot;Offer&quot; and all such offers are referred to collectively as the &quot;Offers.&quot; We refer to our offer to purchase each series of Any and All Notes as an &quot;Any and All Offer&quot; (and all such offers collectively as the &quot;Any and All Offers&quot;) and the offer to purchase each series of Maximum Tender Notes as a "Maximum Tender Offer&quot; (and all such offers collectively as the &quot;Maximum Tender Offers&quot;). The Notes had an aggregate principal amount outstanding of approximately U.S. $4.99 billion as of May 14, 2015. http://www.citigroup.com/citi/news/2015/150515a.htm Thu, 14 May 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150515c.htm Institutional Clients Group/Latin America Global Finance: Citi is Best Sub-Custodian Bank in Latin America Miami, Florida - Citi was awarded Best Sub-Custodian Bank in Latin America for the 12th year in a row by Global Finance magazine. In addition, Citi was named the Best Sub-Custodian Bank in Colombia for the ninth consecutive year, in Venezuela for the seventh consecutive year and in Peru and Chile (Banco de Chile) for the sixth year in a row. Citi also won the award in the U.S., consolidating its leadership in the market for sub-custodian services across the Americas. http://www.citigroup.com/citi/news/2015/150515c.htm Mon, 11 May 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150512a.htm Europe, Middle East & Africa Citibank Nigeria Announces Winner of the 2015 Citi Journalistic Excellence Awards in Nigeria Lagos - On May 6, Citibank Nigeria concluded the seventh edition of its prestigious Citi Journalistic Excellence Awards. The program culminated with an awards ceremony to honor this year's finalists. The competition was open to business journalists in all forms of media including the internet, print, radio, television and wire services. http://www.citigroup.com/citi/news/2015/150512a.htm Fri, 08 May 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150520b.htm Responsible Finance Europe, Middle East & Africa North America Citi Handlowy Runs with Its Customers at ORLEN Warsaw Marathon Warsaw, Poland - In this year's edition of the ORLEN Warsaw Marathon, the largest running event in Poland, Citi Handlowy entered an exceptionally strong and cooperation-oriented team. Never before have Citi Handlowy and its customers taken part in the Marathon on such a large scale. Two teams lined up at the starting line, the first one starting together with Orlen - Orlen Team &amp; CitiClub Sport Socially Active and CitiFX Pulse Team &amp; CitiClub Sport Socially Active. The teams, composed of 20 runners, ran a joint distance of 304 km, and all for a noble cause. http://www.citigroup.com/citi/news/2015/150520b.htm Thu, 07 May 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150520c.htm Institutional Clients Group Europe, Middle East & Africa North America Citi Nigeria Drives Treasury Efficiency and Propels Growth in Aviation Sector Lagos, Nigeria - Citibank Nigeria Limited (Citi) hosted the Citi-Aviation Forum on April 28, 2015. The event was themed "Leveraging Global Banking Trends for Smart Aviation in Nigeria." The program held at the Intercontinental hotel in Lagos was organized by Citi to drive treasury efficiency and propel growth in Nigeria's aviation sector. The conference was well attended by more than 40 top executives from various airlines and regulators in Nigeria. http://www.citigroup.com/citi/news/2015/150520c.htm Tue, 05 May 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150505b.htm Responsible Finance North America Nine Hundred Citi Volunteers Mobilize to Help San Antonio Children and Families on "The Big Give S.A." Day San Antonio, Texas - After releasing 1,000 Monarch butterflies in honor of an innovative local nonprofit organization, volunteers from Citi completed three community service projects today to help San Antonio children and families during The Big Give S.A. day. http://www.citigroup.com/citi/news/2015/150505b.htm Mon, 04 May 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150505a.htm Institutional Clients Group/Europe, Middle East & Africa Citi Bahrain Holds "Working Capital Efficiencies in an Evolving Landscape" Client Event Manama, Bahrain - Citi Treasury and Trade Solutions (TTS) recently hosted a client event entitled "Working Capital Efficiencies in an Evolving Landscape." Twenty-seven delegates from 21 companies representing multinational clients, Public Sector, Global Subsidiaries Group and local companies attended the event held at the Capital Club in Bahrain. http://www.citigroup.com/citi/news/2015/150505a.htm Wed, 29 Apr 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150429b.htm Citi-Wide Citigroup Declares Common Stock Dividend New York - The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup's common stock of $0.05 per share, payable on May 22, 2015 to stockholders of record on May 11, 2015. http://www.citigroup.com/citi/news/2015/150429b.htm Wed, 29 Apr 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150429a.htm Institutional Clients Group/North America U.S.: Kilowatt Financial Announces Debt Facility with Citi to Finance Consumer Solar Loans New York - Kilowatt Financial, a leading clean energy consumer finance company, today announced that it recently closed a $200 million debt warehouse facility with Citi to finance residential solar power systems for homeowners. The transaction expands Kilowatt and Citi's partnership to help meet the growing demand from consumers to make energy efficiency improvements to their homes. http://www.citigroup.com/citi/news/2015/150429a.htm Mon, 27 Apr 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150507a.htm Institutional Clients Group/Europe, Middle East & Africa Citibank N.A. Holds First China Day in Pakistan Manama, Bahrain - Citi Treasury and Trade Solutions (TTS) recently hosted a client event entitled "Working Capital Efficiencies in an Evolving Landscape." Twenty-seven delegates from 21 companies representing multinational clients, Public Sector, Global Subsidiaries Group and local companies attended the event held at the Capital Club in Bahrain. http://www.citigroup.com/citi/news/2015/150507a.htm Sun, 26 Apr 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150428b.htm Institutional Clients Group/Europe, Middle East & Africa Citi Qatar Participates in the Launch of Offshore RMB Center Doha, Qatar - Under the patronage of His Excellency Sheikh Abdullah Bin Nasser Bin Khalifa Al-Thani, Prime Minster of Qatar and Minister of Interior, the first Renminbi (RMB) clearing center in the Middle East region was inaugurated during an official ceremony held Tuesday, April 14, 2015 in Doha. http://www.citigroup.com/citi/news/2015/150428b.htm Fri, 24 Apr 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150424b.htm Citi-Wide Citi 2015 Annual Stockholders' Meeting New York - Citigroup Inc.'s Annual Stockholders' Meeting will be held on Tuesday, April 28, 2015, at 9 a.m. EDT at The Great Hall of The Cooper Union in New York, N.Y. http://www.citigroup.com/citi/news/2015/150424b.htm Fri, 24 Apr 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150424a.htm Responsible Finance North America Citi Supports Teach Children to Save Campaign to Help Educate and Prepare Kids for Positive Financial Futures New York - Citi will once again help thousands of young students across the country receive basic financial education as the bank supports American Bankers Association's (ABA) annual Teach Children to Save campaign for the 15th consecutive year. The national program, designed to encourage local youth to develop positive financial habits early in life, marks April 24 as Teach Children to Save Day to raise awareness of the importance of teaching children about saving. Beginning in March and continuing for months after Teach Children to Save Day, hundreds of Citi volunteers will teach thousands of children in grades K-12 in classrooms and after-school programs in financial education events in major cities across the country. http://www.citigroup.com/citi/news/2015/150424a.htm