Citigroup.com News Feed http://www.citigroup.com/ Citigroup.com News Source Fri, 30 Jan 2015 01:19:48 EST en-us Citigroup.com Content Management System Thu, 15 Jan 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150115a.htm Citi-Wide yes Citigroup Reports Fourth Quarter 2014 Earnings per Share of $0.06 New York &#150; Citigroup Inc. today reported net income for the fourth quarter 2014 of $350 million, or $0.06 per diluted share, on revenues of $17.8 billion. This compared to net income of $2.5 billion, or $0.77 per diluted share, on revenues of $17.8 billion for the fourth quarter 2013. Legal and related expenses and repositioning charges totaled $3.5 billion in the current quarter, compared to $1.0 billion in the prior year period. http://www.citigroup.com/citi/news/2015/150115a.htm Mon, 12 Jan 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150112a.htm Consumer Banking/Asia Pacific Citi Appoints Retail Bank Head for Asia Citi has appointed Gonzalo Luchetti as Regional Retail Bank Head for Citi's Consumer Bank in Asia with immediate effect. In this role, Gonzalo will be based in Hong Kong and will be responsible for Segments, Retail Products and Sales & Distribution across the region in Citi's retail bank which operates across 12 markets in Asia. Gonzalo will also continue with his current responsibilities as the Global Head of Wealth Management and Insurance for the Consumer Bank. http://www.citigroup.com/citi/news/2015/150112a.htm Fri, 09 Jan 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150112b.htm Institutional Clients Group Non-U.S. Companies Raise $37.3 Billion Through Depositary Receipts in 2014 New York - The market for non-U.S. companies raising capital in depositary receipt (DR) form reached a significant milestone in 2014, with $37.3 billion in DR capital raised. The total represents the highest level since 2007 and is up more than three times from 2013 levels. http://www.citigroup.com/citi/news/2015/150112b.htm Thu, 08 Jan 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150108a.htm Institutional Clients Group Consumer Banking/Asia Pacific North America Citi Awarded Best Bank in Asia by FinanceAsia Magazine Citi is the best bank in Asia for 2014 according to leading industry publication FinanceAsia. The editorial team at FinanceAsia magazine made the selection, which was based on the performance of banks across institutional and retail banking for the last 12 months. This was the sixth year in a row Citi has picked up the award. http://www.citigroup.com/citi/news/2015/150108a.htm Tue, 06 Jan 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150107a.htm Responsible Finance North America CitiFinancial Donates $100,000 to Food Banks Canada Toronto - Food Banks Canada is pleased to announce that CitiFinancial has increased its level of support to Key Partner for the coming year and generously provided a corporate donation in the amount of $100,000. Since partnering together in 2010, CitiFinancial has made corporate donations totaling more than $235,000 as well as providing numerous employee volunteer hours and in-branch food drives in support of local food banks. http://www.citigroup.com/citi/news/2015/150107a.htm Tue, 06 Jan 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150106a.htm Citi-Wide Citigroup Announces Expiration and Final Tender Results of Offers to Purchase Six 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/2015/150106a.htm Fri, 02 Jan 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150102a.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/2015/150102a.htm Fri, 25 Dec 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141224a.htm Citi-Wide Asia Pacific Citi Announces Agreement to Sell Retail Banking Business in Japan to Sumitomo Mitsui Banking Corporation New York - Citi (NYSE: C) today announced that it has reached a definitive agreement to sell its retail banking business in Japan to Sumitomo Mitsui Banking Corporation (hereafter SMBC). The entire retail banking operations of Citibank Japan Ltd., including its Japan-wide network of retail branches and ATMs, will be transferred to a trust bank subsidiary of SMBC as part of the transaction, together with approximately 1,600 Citi Japan employees, about 740,000 customer accounts and approximately JPY2.5 trillion (US$21.0 billion at an exchange rate of 118.15 yen to US$1.00) of yen and foreign currency deposits as of November 30, 2014. The financial terms of the transaction are not material to Citi. The transaction is expected to close in late 2015, subject to regulatory approvals and other customary closing conditions. http://www.citigroup.com/citi/news/2014/141224a.htm Fri, 18 Dec 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141218a.htm Citi-Wide Citi Fourth Quarter 2014 Fixed Income Investor Review New York - John Gerspach, Chief Financial Officer, and Eric Aboaf, Treasurer, will conduct the Citigroup fourth quarter 2014 Fixed Income Investor Review at 11 a.m. (ET) on Friday, January 23, 2015. http://www.citigroup.com/citi/news/2014/141218a.htm Fri, 18 Dec 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141230b.htm Europe, Middle East & Africa AmCham Morocco Hosts First Africa AmChams Network Forum Co-sponsored by Attijariwafa Bank and Citi Casablanca - Attijariwafa Bank (AWB) and Citi co-sponsored the first networking meeting of American Chambers across Africa, which was organized by the American Chamber of Commerce (AmCham) in Morocco. The event occured on the sidelines of the Global Entrepreneurship Summit, which took place in Marrakesh last month, and following a Memorandum of Understanding signed on August 5, 2014, in Washington, D.C., during the Africa Leaders Summit. http://www.citigroup.com/citi/news/2014/141230b.htm Thu, 17 Dec 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141222a.htm Consumer Banking/Europe, Middle East & Africa Citi and Zurich Sign 15-Year Exclusive Agreement to Distribute Life Insurance in the Middle East Dubai, United Arab Emirates - Citi and global insurer Zurich Insurance Group (Zurich) announced today the signing of an exclusive 15-year strategic agreement to offer Zurich's comprehensive life insurance solutions, as defined in the agreement, to Citi's consumer clients throughout the Middle East. http://www.citigroup.com/citi/news/2014/141222a.htm Tue, 15 Dec 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141230a.htm Consumer Banking/Latin America The Banker Names Citi Banamex as the Best Private Bank in Mexico Mexico City - Citi Banamex has been chosen as the "best private bank in Mexico" by The Banker magazine, owned by the Financial Times publishing group. http://www.citigroup.com/citi/news/2014/141230a.htm Tue, 15 Dec 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141216a.htm Responsible Finance Asia Pacific 2014 China Banking Association-Citi Microentrepreneurship Awards Announced in Beijing Beijing - Citi China and the China Banking Association announced the winners of the 10th annual Citi Microentrepreneurship Awards (CMA) in China. The awards ceremony was held in Beijing to commend outstanding microentrepreneurs and institutions in the microfinance field in the past year. A 10th anniversary booklet and a video were also unveiled at the ceremony to review the major milestones in the development of CMA and Chinese microfinance industry. CMA also took the opportunity to launch the 2014 Chinese Microfinance Industry Development Report. http://www.citigroup.com/citi/news/2014/141216a.htm Fri, 11 Dec 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141219a.htm Consumer Banking/North America Citi Joins No Kid Hungry to End Childhood Hunger in the U.S. New York - Citi today announced it will begin a multi-year sponsorship of Share Our Strength's No Kid Hungry® campaign to support the non-profit organization's mission to ensure that no child in the United States goes hungry. Citi will become one of Share Our Strength's Core Partners. http://www.citigroup.com/citi/news/2014/141219a.htm Thu, 10 Dec 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141210b.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 listed in the table below (the "Notes"). http://www.citigroup.com/citi/news/2014/141210b.htm Thu, 10 Dec 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141210a.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 that it has increased the maximum aggregate principal amounts of specified series of notes (the "Notes") that it will accept (each, a "Maximum Series Tender Cap") and the aggregate principal amounts of Notes that were validly tendered and not validly withdrawn prior to 5 p.m., New York City time, on December 9, 2014 (the "Early Tender Date") pursuant to its previously announced cash tender offers (each, an "Offer" and, collectively, the "Offers"). http://www.citigroup.com/citi/news/2014/141210a.htm Wed, 09 Dec 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141209c.htm Citi-Wide Citigroup Announces Estimated Legal and Repositioning Expenses for Fourth Quarter 2014 New York - Citi announced today that it expects to incur legal and related charges of approximately $2.7 billion and repositioning costs of approximately $800 million in the fourth quarter of 2014. With these items, Citi expects to be marginally profitable for the quarter. http://www.citigroup.com/citi/news/2014/141209c.htm Wed, 09 Dec 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141209a.htm Responsible Finance North America Citibank Announces Renewed Support of TeletónUSA to Help Children with Disabilities, Cancer and Autism in the U.S. New York - Citibank announced today it will again support TeletónUSA and its mission of providing aid to children with neuromusculoskeletal disabilities, cancer and autism in the United States. Citibank has supported the charity since its U.S. inception in 2012, and has helped the organization raise $2.4 million, including more than 500,000 in direct contributions from the bank. Citibank's support of TeletonUSA builds on Banamex's long history of serving as the Bank of Teletón in Mexico. Donations can be made at Citibank branches, online or by phone. http://www.citigroup.com/citi/news/2014/141209a.htm Wed, 02 Dec 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141203a.htm Consumer Banking/North America Citi Announces Top Innovations from Global Financial Technology Challenge New York - Today Citi announced the top innovations from the Citi® Mobile Challenge U.S., a groundbreaking global initiative that invites technology developers to reimagine digital banking and fuel innovation in the financial industry. http://www.citigroup.com/citi/news/2014/141203a.htm Wed, 02 Dec 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141202b.htm Citi-Wide Citigroup CEO Michael Corbat to Present at the Goldman Sachs 2014 U.S. Financial Services Conference New York - Michael Corbat, Chief Executive Officer of Citigroup, will present at the Goldman Sachs 2014 U.S. Financial Services Conference on Tuesday, December 9, 2014. 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/2014/141202b.htm Wed, 02 Dec 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141202c.htm Citi-Wide Citi Ventures, Plug and Play Launch Global FinTech Accelerator with Locations in U.S., Germany, Singapore, Brazil and Spain Palo Alto, Calif. - Citi Ventures today announced a partnership with Plug and Play Tech Center to expand Citi's accelerator efforts in the U.S., Germany, Singapore, Brazil and Spain. This program will utilize Citi's global lab network while building on its first FinTech accelerator, launched in Tel Aviv, Israel in 2013. http://www.citigroup.com/citi/news/2014/141202c.htm Wed, 02 Dec 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141202a.htm Consumer Banking/North America Citi Launches Citi FinTech Meetups to Engage Local Developer Ecosystem Miami, Fla. - Citi is excited to announce the launch of Citi® FinTech Meetups, the bank's latest initiative to engage with thriving local developer ecosystems. The inaugural Citi FinTech Meetup will be held December 3 at The Lab Miami and will focus on the city's significance as a financial technology hub connecting the Americas. http://www.citigroup.com/citi/news/2014/141202a.htm Tue, 01 Dec 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141201a.htm Institutional Clients Group/Asia Pacific Citi Named Best Bank in Eight Markets in Asia by The Asset Magazine In the annual Triple A country awards for 2014 announced in late November, The Asset magazine named Citi the Best Bank in China, India, Indonesia, Korea, Philippines, Singapore, Taiwan and Thailand. For many countries this marked more than a decade straight of winning this prestigious award - including Indonesia 13 years in row, Philippines 11 years in a row with Korea and Taiwan both at 12 years. This year also marked the eighth year in a row that Citi China won best bank. http://www.citigroup.com/citi/news/2014/141201a.htm Mon, 30 Nov 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141209d.htm Europe, Middle East & Africa Citi Celebrates UAE's 43rd National Day Dubai, United Arab Emirates - Citi UAE's local and expatriate staff celebrated the country's 43rd National Day through a number of employee events highlighting the culture, heritage and identity of the UAE. http://www.citigroup.com/citi/news/2014/141209d.htm Sun, 29 Nov 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141212a.htm Responsible Finance Europe, Middle East & Africa Citi Report Identifies Avenues to Expand Employment Horizons of Pakistan's Youth Karachi - The British Deputy High Commission, Citi Pakistan, Citi Foundation and the British Asian Trust released a new report outlining the plight of Pakistan's youth. http://www.citigroup.com/citi/news/2014/141212a.htm Thu, 26 Nov 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141201b.htm Institutional Clients Group/Europe, Middle East & Africa Citi Celebrates 40 Years in Jordan Amman, Jordan - Citi hosted an event at the Intercontinental Hotel to celebrate the bank's 40th anniversary in Jordan. http://www.citigroup.com/citi/news/2014/141201b.htm Wed, 25 Nov 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141209b.htm Institutional Clients Group/Europe, Middle East & Africa Citi Hosts Middle East Research Day Event in Qatar Doha, Qatar - Citi hosted its Middle East Research Day event in Bahrain, Qatar and Kuwait with the aim of providing an update on the global economic environment and key credit events that could influence global investment strategies. The event was well received by more than 70 attendees in all three countries that represented Treasurers, Foreign Exchange dealers and Investments Directors from leading public sector entities and financial institutions. http://www.citigroup.com/citi/news/2014/141209b.htm Wed, 25 Nov 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141201c.htm Institutional Clients Group/Europe, Middle East & Africa Citi Reiterates Commitment to Egypt Cairo - Jim Cowles, Citi's CEO for the Europe, Middle East and Africa region, has concluded a successful visit to Egypt, where he met with clients and employees, and reiterated the bank's strategic commitment to Egypt, the Middle East and North Africa. http://www.citigroup.com/citi/news/2014/141201c.htm Wed, 25 Nov 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141125b.htm Citi-Wide Citigroup Inc. Announces Offers to Purchase Six 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. $8.62 billion as of November 24, 2014. http://www.citigroup.com/citi/news/2014/141125b.htm Wed, 25 Nov 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141125a.htm Citi-Wide Citi Fourth Quarter 2014 Earnings Review New York - Citigroup will issue its fourth quarter results via press release at approximately 8 a.m. (ET) on Thursday, January 15, 2015. At 11 a.m. (ET), results will be reviewed via live webcast and teleconference. http://www.citigroup.com/citi/news/2014/141125a.htm Thu, 19 Nov 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141119a.htm Responsible Finance Citi Earns Perfect Score on LGBT Workplace Equality Scorecard New York - For the 11th year in a row, Citi received a perfect score of 100 percent on the Human Rights Campaign Foundation's 2015 Corporate Equality Index (CEI). The national survey benchmarks corporate policies and practices for LGBT workplace equality. http://www.citigroup.com/citi/news/2014/141119a.htm Tue, 17 Nov 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141117a.htm Responsible Finance Latin America Second Annual Meeting and Training for Winners of the Citi Microentrepreneurship Award in Latin America San José, Costa Rica - With the support of a number of local organizations, Citi has offered its Microentrepreneurship Award in Latin America since 2005. The goal of the program is to raise awareness of this sector of the economy and contribute to its growth as a way to help reduce poverty in the region. http://www.citigroup.com/citi/news/2014/141117a.htm Thu, 12 Nov 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141112c.htm Citi-Wide Asia Pacific Citigroup Asia Pacific CEO Stephen Bird to Present at the Citi 2014 Global Financial Conference in Singapore New York - Stephen Bird, Chief Executive Officer of Asia Pacific, will present at the Citi 2014 Global Financial Conference in Singapore on Wednesday, November 19, 2014. The presentation is expected to begin at approximately 1 p.m. SGT and will not be webcast or teleconferenced. Presentation materials will be available at www.citigroup.com/citi/investor. http://www.citigroup.com/citi/news/2014/141112c.htm Thu, 12 Nov 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141112b.htm North America Macy's, Inc. and Citi Retail Services Announce Early Renewal of Credit Card Portfolio Agreement Atlanta, GA - Building on a nearly decade-long relationship, Macy's, Inc. and Citi Retail Services are today announcing the early renewal and long-term extension of their credit card services agreement. This new agreement, to run through March 2025, with substantially similar financial terms, will further solidify the strong relationship between one of the nation's premier omnichannel retailers and the preferred provider of retail credit products and analytical solutions. http://www.citigroup.com/citi/news/2014/141112b.htm Thu, 12 Nov 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141112a.htm Citi-Wide Citigroup Announces Foreign Exchange Settlements New York - Citi announced today that it has entered into settlements with the U.K. Financial Conduct Authority (FCA), the Office of the U.S. Comptroller of the Currency (OCC) and the U.S. Commodity Futures Trading Commission (CFTC) to settle ongoing investigations into Citi's foreign exchange business. Under the terms of the settlements, Citi will pay a total of approximately $1.018 billion and agreed to further enhance the control framework governing its foreign exchange business. The payments include approximately $358 million to the FCA, $350 million to the OCC and $310 million to the CFTC. These payments are covered by Citi's existing legal reserves as of the third quarter 2014. http://www.citigroup.com/citi/news/2014/141112a.htm Wed, 11 Nov 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141112d.htm Asia Pacific Citi Pioneers RMB Cross-Border Pooling Outside the Shanghai Free Trade Zone Guangzhou / Hong Kong - Citibank (China) Co., Ltd. ("Citi China") today announced that it has signed an agreement with one of the world's leading consumer goods companies, to execute RMB cross-border pooling, at an event held by People's Bank of China ("PBoC") in Guangzhou today. This marks the full implementation of this milestone structure at a nationwide level, and also one of the first RMB cross-border pooling solutions outside the Shanghai Free Trade Zone ("SFTZ"). http://www.citigroup.com/citi/news/2014/141112d.htm Tue, 10 Nov 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141110a.htm Consumer Banking Citi Convenes Developers from Around the Globe to Unveil Innovative Digital Banking Solutions at Citi® Mobile Challenge Demo Days New York - Today Citi kicked off the first presentation event for Citi® Mobile Challenge, a groundbreaking global initiative that invites technology developers to reimagine digital banking and fuel innovation in the industry. Participants will present solutions for mobile apps and interconnected devices, including wearables, this week in Miami, New York and Silicon Valley. These concepts will be evaluated by a group of Citi executives and technology influencers with the potential to bring winning solutions to market. http://www.citigroup.com/citi/news/2014/141110a.htm Fri, 06 Nov 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141106a.htm Institutional Clients Group/Asia Pacific Asia: Citi Prepared for Stock Connect, Completed Migration to Third-Party Clearing Hong Kong - Citi today announced the launch of a comprehensive solution for all clients to be ready to participate in the Shanghai-Hong Kong Stock Connect program ("Stock Connect"). The pilot program provides Hong Kong and international investors with direct access to A-Shares listed on the Shanghai Stock Exchange by trading through a Hong Kong broker. http://www.citigroup.com/citi/news/2014/141106a.htm Fri, 06 Nov 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141106b.htm Consumer Banking/Asia Pacific Citi, Garuda Indonesia Revitalize Travel Card Jakarta - Citi Indonesia and Garuda Indonesia jointly announced today the rejuvenation of the Garuda Indonesia Citi Card (GICC) with added benefits. The Garuda Indonesia Citi Card, first introduced in 2006, now comes with a new set of rewards and privileges to further improve cardholders' travel experiences. http://www.citigroup.com/citi/news/2014/141106b.htm Thu, 05 Nov 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141105b.htm Citi-Wide Citigroup Co-President and CEO of Institutional Clients Group Jamie Forese to Present at the Bank of America Merrill Lynch 2014 Banking & Financial Services Conference New York - Jamie Forese, Co-President of Citigroup and Chief Executive Officer of the Institutional Clients Group, will present at the Bank of America Merrill Lynch 2014 Banking & Financial Services Conference on Thursday, November 13, 2014. The presentation is expected to begin at approximately 8 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/2014/141105b.htm Thu, 05 Nov 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141105a.htm Responsible Finance Asia Pacific Citi-FT Financial Education Summit 2014 Advancing Financial Capability in Rapidly Changing Urban Environments Kuala Lumpur, Malaysia - More than 250 delegates from non-profit organizations, government agencies, regulators, financial institutes and advocacy groups at the Citi-FT Financial Education Summit 2014 will be discussing opportunities to further financial capability in the face of rapid urbanization. http://www.citigroup.com/citi/news/2014/141105a.htm Wed, 04 Nov 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141104a.htm Responsible Finance Consumer Banking/North America Citi Announces $138,000 Donation to Four New York City Area Community Organizations Through the 2014 Citi ThankYou® Home Runs for Communities Program New York - In celebration of Citi's partnership with the New York Mets and the Citi ThankYou® Home Runs for Communities Program, Citi today announced a donation of $138,000 to four community partners: City Harvest, United Neighborhood Houses, USO of Metro New York and YMCA of Greater New York. Citi's Executive Vice President for Global Public Affairs Ed Skyler and Mets outfielder Curtis Granderson marked the completion of the home runs program for the 2014 baseball season at the New York Public Library, an organization with a long-standing relationship with Citi, where they were joined by Jeff Wilpon, Chief Operating Officer, New York Mets; Kevin Duffy, Vice President of Development, City Harvest; Gregory Brender, Deputy Director of New York City Policy and Advocacy, United Neighborhood Houses; Brian C. Whiting, President & CEO, USO of Metro New York; and Gary Laermer, Senior Vice President & Chief Development Officer, YMCA. http://www.citigroup.com/citi/news/2014/141104a.htm Tue, 03 Nov 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141103a.htm Institutional Clients Group/Asia Pacific Citi Designated by the Hong Kong Monetary Authority as Primary Liquidity Provider for the Offshore RMB Market in Hong Kong Hong Kong - Citi today announced that Citi Hong Kong has been designated by The Hong Kong Monetary Authority (HKMA) as Primary Liquidity Provider for the offshore RMB market in Hong Kong. The designation will allow Citi access to a dedicated repo facility of RMB2 billion provided by the HKMA, to promote offshore Renminbi liquidity and facilitate Renminbi transactions for corporate customers and other financial institutions. This will help expand the offshore Renminbi market, bring new business opportunities to Hong Kong, and further strengthen Hong Kong's role as the premier offshore Renminbi center. http://www.citigroup.com/citi/news/2014/141103a.htm Fri, 30 Oct 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141030b.htm Citi-Wide Citigroup Adjusts Third Quarter 2014 Financial Results New York - Citi announced today that it is adjusting downward its third quarter 2014 financial results, from those reported on October 14, 2014, due to a $600 million increase in legal accruals. The increase resulted from rapidly-evolving regulatory inquiries and investigations, including very recent communications with certain regulatory agencies related to previously-disclosed matters. The financial impact lowers Citi's third quarter 2014 net income from $3.4 billion to $2.8 billion. http://www.citigroup.com/citi/news/2014/141030b.htm Fri, 30 Oct 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141030a.htm Consumer Banking/Asia Pacific Citi Launches ULTIMA Credit Card for China's Elite Shanghai - Citibank (China) Co., Ltd. ("Citi China") launched its ULTIMA credit card, its first card to exclusively target China's high-net-worth individuals ("HNWIs"). An elegant and stylish launch ceremony was held at Park Hyatt Shanghai today, attended by Citi China's executive members, as well as Chinese media icon Ms. Yang Lan, who will be among the first invited members of Citi ULTIMA club in China. http://www.citigroup.com/citi/news/2014/141030a.htm Wed, 28 Oct 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141029a.htm Institutional Clients Group/Europe, Middle East & Africa Citi-Commissioned Study Highlights Liquidity Management, Microfinance and Scale as Key Drivers for the Islamic Finance Industry Dubai, United Arab Emirates - Citi Islamic Investment Bank (CIIB), a member of Citi, today released an independent qualitative research study that explores methods of encouraging and supporting growth within the Islamic financial sector. http://www.citigroup.com/citi/news/2014/141029a.htm Wed, 28 Oct 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141028b.htm North America NYC DOT, Alta and Citi Announce Agreement to Expand and Enhance Citi Bike Program in New York City New York - New York City Department of Transportation (DOT) Commissioner Polly Trottenberg, Alta Bicycle Share incoming CEO Jay Walder, and Citi Executive Vice President for Global Public Affairs Edward Skyler today announced an agreement between the City of New York and Alta Bicycle Share to operate, improve and double the size of the largest bike share program in North America. A $30 million infusion of private capital from Bikeshare Holdings LLC, a group of private investors acquiring Alta, supported by an increased sponsorship commitment from Citi of up to $70.5 million extended through 2024, and a $15 million increase in the credit facility from the Goldman Sachs Urban Investment Group will allow for the expansion and ensure the long-term stability of the system, making it more reliable and accessible for the thousands of New Yorkers who rely upon it. New Yorkers currently take more than one million trips every month on Citi Bike. http://www.citigroup.com/citi/news/2014/141028b.htm Wed, 28 Oct 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141028a.htm Consumer Banking/North America New Citi/LinkedIn Survey Reveals Men Struggle with Work-Life Balance - But May Not Be Telling Women Their Concerns New York, N.Y. and Mountain View, Calif. - Citi and LinkedIn today released results from their fifth Today's Professional Woman Report, a national survey of more than 1,000 men and women LinkedIn members that explores professionals' biggest career and financial concerns. http://www.citigroup.com/citi/news/2014/141028a.htm Thu, 22 Oct 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141022a.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 $0.01 per share, payable on November 26, 2014 to stockholders of record on November 3, 2014. http://www.citigroup.com/citi/news/2014/141022a.htm Wed, 21 Oct 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141021a.htm Institutional Clients Group/Asia Pacific Citi Named "Clearing Bank of the Year" by Asia Risk for Third Consecutive Year Hong Kong - Citi was named "Clearing Bank of the Year" by <i>Asia Risk</i> magazine, a trade publication covering international financial risk management in the Asia-Pacific region. http://www.citigroup.com/citi/news/2014/141021a.htm Fri, 16 Oct 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141016a.htm Consumer Banking/North America U.S.: Apple Pay Available to Citi Cardmembers October 20 New York - On October 20, Citi cardmembers will have a new way to checkout that feels more like shopping in the express lane. http://www.citigroup.com/citi/news/2014/141016a.htm Wed, 14 Oct 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141014c.htm Institutional Clients Group/Asia Pacific Citi Expands National Desks Around the World to Support Asia's Multinationals Citi is further expanding its successful coverage of Asia's multinationals [MNCs] around the world by opening new coverage desks to support the growth of Asia's corporate champions. http://www.citigroup.com/citi/news/2014/141014c.htm Wed, 14 Oct 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141014b.htm Citi-Wide Citi Discloses Results of Investigation into Security Unit in Mexico Citigroup Inc. ("Citi") today issued the following statement regarding the findings of an investigation into the activities of a legacy Banamex unit that provided personal security services. http://www.citigroup.com/citi/news/2014/141014b.htm Wed, 14 Oct 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141014a.htm Citi-Wide Citigroup Reports Third Quarter 2014 Earnings per Share of $1.07; $1.15 Excluding CVA/DVA New York - Citigroup Inc. today reported net income for the third quarter 2014 of $3.4 billion, or $1.07 per diluted share, on revenues of $19.6 billion. This compared to net income of $3.2 billion, or $1.00 per diluted share, on revenues of $17.9 billion for the third quarter 2013. http://www.citigroup.com/citi/news/2014/141014a.htm Wed, 7 Oct 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141007a.htm Citi-Wide Citigroup Announces Expiration of Offers to Purchase Two Series of Outstanding Notes and Final Tender Results of its 6.125% Notes Due 2018 New York - Citigroup Inc. ("Citigroup") announced today the expiration of its previously announced cash tender offers (each, an "Offer" and, collectively, the "Offers") for its 5.500% Notes due 2017 (the "2017 Notes") and its 6.125% Notes due 2018 (the "2018 Notes," and, together with the 2017 Notes, the "Notes") as well as the final tender results with respect to the 2018 Notes listed in the table below. http://www.citigroup.com/citi/news/2014/141007a.htm Sun, 4 Oct 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141004a.htm North America Citi to Sponsor Miami Bike Share Program and Enable Major Expansion to Downtown Miami Miami, Florida - Citi and DECOBIKE today announced that Citi will become the title sponsor of the Miami Beach bike-share program and enable a major expansion of the system to Downtown Miami and Coconut Grove. The current program launched in 2011 with 1,000 bikes at 100 stations throughout Miami Beach. The expanded 'Citi Bike' program, which will feature a total of 1,750 bikes at 170 stations, will launch in November 2014. Citi will be title sponsor of the program for at least five years, and DECOBIKE will continue as the program operator. http://www.citigroup.com/citi/news/2014/141004a.htm Sat, 3 Oct 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141003a.htm Latin America Banamex Announces Leadership Changes Mexico City - The following leadership changes were approved yesterday during a meeting of the Board of Directors of Grupo Financiero Banamex and Banco Nacional de Mexico (Banamex). http://www.citigroup.com/citi/news/2014/141003a.htm Fri, 02 Oct 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141007b.htm Europe, Middle East & Africa Citi Launches Partnership with Oxford Martin School Citi Research and the Oxford Martin School have published their first collaborative report in the form of a Citi Global Perspectives & Solutions (Citi GPS) paper titled "Future Opportunities, Future Shocks: Key Trends Shaping the Global Economy and Society." http://www.citigroup.com/citi/news/2014/141007b.htm Thu, 1 Oct 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141002a.htm Consumer Banking/North America Citibank Opens Flagship Branch in San Francisco San Francisco, California - Citibank today celebrated the opening of its latest flagship branch in the heart of San Francisco. The 6,400-square-foot branch, located at the corner of Post and Kearny Streets in the city's financial district, features Citi 'smart banking' technology in addition to the full range of Citi products and services. Citi U.S. Retail Banking President William Howle and West Regional President Jerome Byers were joined at a ribbon-cutting ceremony today at the branch by Mission Asset Fund CEO José Quiñonez and SFMade Founding Executive Director and Urban Manufacturing Alliance Co-Founder Kate Sofis. http://www.citigroup.com/citi/news/2014/141002a.htm Thu, 1 Oct 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2014/141001d.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. http://www.citigroup.com/citi/news/2014/141001d.htm