Citigroup.com News Feed http://www.citigroup.com/ Citigroup.com News Source Wed, 3 Sep 2014 03:00:24 EDT en-us Citigroup.com Content Management System Mon, 14 Jul 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140714b.htm Citi-Wide yes Citigroup Reports Second Quarter 2014 Earnings per Share of $0.03; $1.24 Excluding CVA/DVA and Impact of Mortgage Settlement New York – Citigroup Inc. today reported net income for the second quarter 2014 of $181 million, or $0.03 per diluted share, on revenues of $19.3 billion. This compared to net income of $4.2 billion, or $1.34 per diluted share, on revenues of $20.5 billion for the second quarter 2013. Second quarter 2014 results included the impact of a $3.8 billion charge ($3.7 billion after-tax) to settle RMBS and CDO-related claims, which consisted of $3.7 billion in legal expenses and a $55 million loan loss reserve build, each recorded in Citi Holdings. http://www.citigroup.com/citi/news/2014/140714b.htm Mon, 14 Jul 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140714a.htm Citi-Wide Citigroup Announces Comprehensive Settlement with Residential Mortgage-Backed Securities Working Group New York – Citigroup today announced that it has reached an agreement to settle the ongoing investigation of the Residential Mortgage-Backed Securities (RMBS) Working Group, part of the Financial Fraud Enforcement Task Force. Today’s agreement resolves actual and potential civil claims by the U.S. Department of Justice (the DOJ), several state attorneys general (State AGs), and the Federal Deposit Insurance Corporation (the FDIC) relating to RMBS and collateralized debt obligations (CDOs) issued, structured or underwritten by Citi between 2003 and 2008. http://www.citigroup.com/citi/news/2014/140714a.htm Tue, 08 Jul 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140710a.htm Responsible Finance Latin America Citi Peru and Aprenda Develop Social Program for Women Entrepreneurs Lima – Citi Peru and the microfinance institute Aprenda are working together on "Mujeres Emprendiendo para el Futuro" ("Women Enterprising for the Future"), an initiative designed to provide low-income women from the Lima area with the knowledge they need to start their own businesses. http://www.citigroup.com/citi/news/2014/140710a.htm Tue, 01 Jul 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140701a.htm Citi-Wide Citigroup Declares Preferred Dividends New York – The Board of Directors of Citigroup Inc. today declared dividends on Citigroup's preferred stock as follows: http://www.citigroup.com/citi/news/2014/140701a.htm Mon, 30 Jun 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140630a.htm Responsible Finance Latin America Citi and Adri Train Successful Microentrepreneurs San José, Costa Rica –Citi has offered its Microentrepreneurship Awards in Costa Rica since 2007, selecting the most outstanding examples of successful microentrepreneurs via a panel of experts using strict criteria. This year, to offer the winners extra support in managing their businesses, Citi and ADRI launched a pilot program featuring a week of specialized training in basic principles of business administration, leadership and sales. http://www.citigroup.com/citi/news/2014/140630a.htm Fri, 27 Jun 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140627a.htm Latin America Citi Latin America Announces Winners of Citi Mobile Challenge Miami, Florida – Eleven organizations and individuals, selected from a group of over 50 finalists, have won the Citi Mobile Challenge Latam 2014, a virtual developer competition designed to accelerate mobile banking innovation by bringing together the most talented and creative developers and designers to create cutting-edge solutions for Citi's Mobile Banking platform. http://www.citigroup.com/citi/news/2014/140627a.htm Wed, 25 Jun 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140625a.htm Consumer Banking/Asia Pacific Citi's Asia Client Assets Top the Quarter Trillion Mark Client assets at Citi's Wealth Management businesses in Asia have topped the quarter of a trillion dollars mark for the first time in the bank's history. At the end of May, Citi Asia had US$251bn in client assets under management, up 10% year on year. http://www.citigroup.com/citi/news/2014/140625a.htm Tue, 24 Jun 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140626a.htm Responsible Finance Latin America Citi and Dequeni Foundation Renew Cooperation Agreement Asunción, Paraguay – Citibank and the Deuqení Foundation, a non-profit organization founded in Paraguay 28 years ago, have renewed their cooperative agreement for the sixteenth consecutive year. As part of the agreement, Citi has contributed to the foundation's scholarship program for the last five years and helped 120 children at a shelter in Fernando de la Mora, near the capital. http://www.citigroup.com/citi/news/2014/140626a.htm Mon, 23 Jun 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140625b.htm Responsible Finance Latin America Empresarios Juveniles and Citi Present Women Entrepreneurs Program Guatemala - To give women in vulnerable situations the skills they need to become business entrepreneurs, Empresarios Juveniles and the Citi Foundation today announced the Women Entrepreneurs program. http://www.citigroup.com/citi/news/2014/140625b.htm Mon, 23 Jun 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140624a.htm Responsible Finance Europe, Middle East & Africa Citi, OPIC and ACBA Credit Agricole Bank Support the Growth of the Microfinance Sector in Armenia New York – Citi and the Overseas Private Investment Corporation ("OPIC") today announced a $10 million lending facility, using their existing framework partnership, to support the growth of ACBA Credit Agricole Bank's agribusiness microfinance portfolio in the Republic of Armenia. The arrangement includes a new $5 million lending facility and the extension of a separate $5 million lending facility first announced in 2012. The financing partnership will promote the financial inclusion of Armenia's micro-entrepreneurs, small businesses, and agriculture sector, and is part of Citi and OPIC's collaboration to support microfinance lending in emerging markets around the world. http://www.citigroup.com/citi/news/2014/140624a.htm Mon, 23 Jun 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140623a.htm Consumer Banking/Europe, Middle East & Africa Citi Announces Agreement to Sell Consumer Bank in Spain Madrid – Citi today signed an agreement with Banco Popular to sell its consumer banking business in Spain. The sale, which is subject to regulatory and other customary approvals, is targeted to close in the third quarter of 2014. The sale includes approximately $2 billion in GAAP assets, $3.2 billion in assets under management, 1.2 million customer accounts, $2 billion in loans and $2.8 billion in deposits. Approximately 950 consumer banking employees, 45 Citi branches and the ATM network in Spain will transfer to Banco Popular. http://www.citigroup.com/citi/news/2014/140623a.htm Thu, 19 Jun 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140620a.htm Responsible Finance Asia Pacific Citi Philippines Launch 2014 Search for Outstanding Microentrepreneurs Manila – Bangko Sentral ng Pilipinas, Citi Philippines and the Microfinance Council of the Philippines once again joined hands in their collective mission to honor the Filipino microentrepreneur. http://www.citigroup.com/citi/news/2014/140620a.htm Thu, 19 Jun 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140619a.htm Consumer Banking/North America U.S.: Mr. Met to Tour Citibank Branches in the Tri-State Area Starting June 20 New York – Today, Citi announced it will host the first Mr. Met Fan Tour at Citibank Branches across the Tri-State area. The tour will provide Citi customers with a fun-filled experience alongside Mr. Met, New York's beloved mascot. Select events at Citibank branches will also be hosted by Mets Alumni and SNY Broadcasters Ron Darling or Keith Hernandez and include meet-and-greets, photo opportunities and free promotional giveaways. http://www.citigroup.com/citi/news/2014/140619a.htm Tue, 17 Jun 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140617b.htm Citi-Wide Citi Second Quarter 2014 Fixed Income Investor Review New York — John Gerspach, Chief Financial Officer, and Eric Aboaf, Treasurer, will conduct the Citigroup second quarter 2014 Fixed Income Investor Review at 11 a.m. (ET) on Friday July 18, 2014. The review will be available live via webcast and teleconference. http://www.citigroup.com/citi/news/2014/140617b.htm Tue, 17 Jun 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140617a.htm Citi-Wide Citigroup Announces Expiration and Final Tender Results of Offers to Purchase Nine 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 tables below (the "Notes"). http://www.citigroup.com/citi/news/2014/140617a.htm Mon, 16 Jun 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140616a.htm Citi-Wide Citi Second Quarter 2014 Earnings Review New York – Citigroup will issue its second quarter results via press release at approximately 8 a.m. (ET) on Monday, July 14, 2014. At 11 a.m. (ET), results will be reviewed via live webcast and teleconference. http://www.citigroup.com/citi/news/2014/140616a.htm Fri, 13 Jun 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140613a.htm Consumer Banking/Europe, Middle East & Africa Citi Announces Agreement to Sell Consumer Bank in Greece London – Citi has signed an agreement with Alpha Bank to sell its consumer banking business in Greece along with its Diners Club of Greece SA credit card operations. The sale includes approximately $600 million in GAAP assets, 480,000 customers, $1.4 billion in deposits and $540 million in customer receivables (cards & loans). Approximately 730 consumer banking employees and the Citi branch and ATM network in Greece will transfer to Alpha Bank. The sale, which is subject to regulatory and other customary approvals, is expected to close in the third quarter of 2014. http://www.citigroup.com/citi/news/2014/140613a.htm Thu, 12 Jun 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140613b.htm Responsible Finance Citi's Pamela Flaherty Honored by the World Resources Institute at 2014 Courage to Lead Event New York – Citi today announced that Pamela Flaherty, Director of Corporate Citizenship, Citi, and President and CEO, the Citi Foundation, has been honored by the World Resources Institute at its biennial Courage to Lead event, recognizing leaders who whose global vision has inspired people and changed institutions and industries to create a better world. In her role at Citi, Flaherty is leading the firm's approach to numerous global environmental and economic development challenges, including climate change and financial inclusion. http://www.citigroup.com/citi/news/2014/140613b.htm Tue, 10 Jun 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140616b.htm Latin America Guatemala: Citi Presents Its Mobile Strategy at Technology Day Guatemala – The future of digital banking will be the main topic presented by Nicolas Arrubla, Citi's Director of Digital Banking and Development for Central America, at Technology Day 2014, Tuesday, June 10, in Guatemala City. http://www.citigroup.com/citi/news/2014/140616b.htm Sat, 07 Jun 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140606a.htm Citi-Wide Responsible Finance Citi Celebrates Annual Global Community Day as 70,000 Volunteers Mobilize to Serve Nearly 480 Cities Around the World New York – Today Citi will mark its ninth annual Global Community Day, as more than 70,000 Citi volunteers in 479 cities spanning 93 countries engage in service activities to benefit their local communities. Working side-by-side, Citi colleagues, alumni, family and friends will demonstrate the company's commitment to supporting and improving communities by leading and participating in more than 1,200 service projects focused on local needs, including urban revitalization, literacy and education, housing, environmental conservation, health and human services, and disaster relief, in the days leading up to and including Global Community Day. http://www.citigroup.com/citi/news/2014/140606a.htm Wed, 04 Jun 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140610a.htm Responsible Finance Latin America Belize Earns Two Awards, Grenada One, in Citi-CMFA Caribbean Microfinance Awards Kingston, Jamaica – Two Belizean microentrepreneurs and one from Grenada have won the top prizes in the 2014 Citi-CMFA Caribbean Microfinance Awards presented June 3, 2014, at a ceremony at the Iberostar Suites Hotel in Montego Bay. http://www.citigroup.com/citi/news/2014/140610a.htm Wed, 04 Jun 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140610b.htm Consumer Banking/Latin America Citi Mobile Challenge Finalists Compete in Colombia Demo Event Miami, Florida – Yellowpepper, POS MOVIL, S.A., Mr. Rabbit and PideloRapido headline a list of innovative companies chosen to compete at the Colombia Demo Day event for the Citi Mobile Challenge Latam 2014. http://www.citigroup.com/citi/news/2014/140610b.htm Wed, 04 Jun 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140604a.htm Consumer Banking/North America The Career Peak Paradox: New Citi/LinkedIn Survey Suggests Professionals Believe Success is a Moving Target New York, N.Y., and Mountain View, Calif. – Citi and LinkedIn today released results from their fourth Today's Professional Woman Report, a national survey exploring women's career and financial concerns inspired by the conversations on Connect: Professional Women's Network. Connect, which is powered by CitiSM, is the fast-growing LinkedIn group with more than 300,000 professional women members. http://www.citigroup.com/citi/news/2014/140604a.htm Tue, 03 Jun 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140603a.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/2014/140603a.htm Tue, 03 Jun 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140603a.htm Citi-Wide Citigroup Announces Upsizing of Offers to Purchase Specified Series of Outstanding Notes New York – Citigroup Inc. ("Citigroup") announced today that it has increased the maximum aggregate principal amount of specified series of notes (the "Notes") that it will accept (each, a "Maximum Series Tender Cap") pursuant to its previously announced cash tender offers (each, an "Offer" and, collectively, the "Offers"), as set forth in the table below. http://www.citigroup.com/citi/news/2014/140603a.htm Mon, 02 Jun 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140603b.htm Institutional Clients Group/Asia Pacific Citi First in the Market to Register a Foreign Portfolio Investor in India Mumbai – Citi's Securities Services today announced that it is the first Designated Depository Participant (DDP) in India to register India's first Foreign Portfolio Investor (FPI), under the SEBI (Foreign Portfolio Investors) Regulations, 2014. http://www.citigroup.com/citi/news/2014/140603b.htm Fri, 30 May 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140530a.htm Responsible Finance North America U.S.: As Part of Pathways to Progress, the Citi Foundation Commits $2.1 Million to Support Career Mentoring for Youth New York – The Citi Foundation today announced it will provide a total of $2.1 million to support initiatives by Management Leadership for Tomorrow (MLT) and iMentor to connect high-potential students from low-income households with early- to mid-career professionals to provide critical career counseling and mentoring. The focus on mentoring as a cornerstone of youth career readiness and professional development is closely aligned with Pathways to Progress, the Citi Foundation's three-year $50 million initiative announced this year to unlock economic opportunity for 100,000 low-income youth in 10 cities across the United States. http://www.citigroup.com/citi/news/2014/140530a.htm Fri, 30 May 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140605a.htm Consumer Banking Latin America Citi Offers Exclusive Services for Foreigners Visiting Brazil During the World Cup São Paulo – Citi is a bank with a presence in more 100 countries including Brazil, which has branches in nine World Cup cities and is implementing a series of steps before and during the event to provide exclusive service to foreign clients and others visiting the country. http://www.citigroup.com/citi/news/2014/140605a.htm Tue, 27 May 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140604b.htm Responsible Finance Latin America Citi Brazil Publishes 2013 Sustainability Report São Paulo – Citi Brazil presents its Sustainability Report for 2013, with information on the organization's initiatives in the areas of Responsible Finance, Advances in Social and Environmental Management and Talents. http://www.citigroup.com/citi/news/2014/140604b.htm Wed, 21 May 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140604c.htm Latin America Costa Rica: Citi Expands Its Operations with the Opening of "Citi Campus" San Jose, Costa Rica – With an investment of US $35 million and the creation of 500 new jobs in Costa Rica in the next two years, Citi inaugurated its new "Citi Campus" today located in Ribera de Belén, Heredia. The campus is part of El Cafetal Corporate Center with SILVER LEED® PRECERTIFICATION and will make it possible for Citi to sustainably expand its shared service operations in line with its financial responsibility and environmental sustainability strategy. http://www.citigroup.com/citi/news/2014/140604c.htm Fri, 23 May 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140527a.htm Consumer Banking/North America U.S.: "Citi Small Business Call Ups" Will See One Local New York Restaurant Called Up to the Big Leagues at Citi Field New York – Citi announced today the launch of the Citi Small Business Call Ups program, which will present a local New York City restaurant with the opportunity to showcase its cuisine during the second half of the New York Mets' 2014 season at Citi Field. For the first time ever, Citi has nominated three independently-owned New York City neighborhood restaurants, each a Citi client, to be the winning small business selected by fans to be featured alongside some of New York's premier culinary all-stars at Citi Field. http://www.citigroup.com/citi/news/2014/140527a.htm Thu, 22 May 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140522a.htm Citi-Wide Citigroup CEO Michael Corbat to Present at the Sanford C. Bernstein 30th Annual Strategic Decisions Conference New York – Michael Corbat, Chief Executive Officer of Citigroup, will present at the Sanford C. Bernstein 30th Annual Strategic Decisions Conference on Thursday, May 29, 2014. The presentation is expected to begin at approximately 9 a.m. (Eastern). A live webcast and presentation materials 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/2014/140522a.htm Wed, 21 May 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140521a.htm Consumer Banking/North America Citi Launches Citi Mobile Snapshot Across the U.S. New York – Today Citi launched Citi Mobile® Snapshot, a new opt-in feature of the Citi Mobile® app, for all U.S. banking and credit card customers. Citi Mobile Snapshot enables customers to view deposit and credit card balances and recent transactions without having to log into their accounts. The national launch follows a successful beta test conducted with customers over the past three months. Citi is the first major U.S. bank to offer the feature. http://www.citigroup.com/citi/news/2014/140521a.htm Tue, 20 May 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140520b.htm Citi-Wide Citigroup CFO John Gerspach to present at the Deutsche Bank 2014 Global Financial Services Investor Conference 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 table below under the heading "CAD Notes," and (ii) its notes of the series set forth in the table below under the heading "U.S. Dollar Notes" up to an aggregate principal amount with respect to each series of U.S. Dollar Notes as set forth in the table below (each, a "Maximum Series Tender Cap") (all such notes collectively, the "Notes"). 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. $6.66 billion as of May 16, 2014 (based on U.S. dollar exchange rates as of that date). http://www.citigroup.com/citi/news/2014/140520b.htm Mon, 19 May 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140529a.htm Consumer Banking/Europe, Middle East & Africa Citi Named Top Bank Branch in Bulgaria by Capital Magazine Sofia – Citi Bulgaria has won Capital magazine's Best Bank Branch in Bulgaria award for 2013. Based on evaluation criteria such as Stability and Risk, Efficiency and Profitability, and Sustainability and Dynamics, Citi Bulgaria was ranked #1 in the Best Branch category of the magazine's annual Best Bank in Bulgaria League table. http://www.citigroup.com/citi/news/2014/140529a.htm Mon, 19 May 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140529b.htm Responsible Finance Institutional Clients Group/Europe, Middle East & Africa Citi Kuwait Holds Sixth Bourse Game Seminar Kuwait – With the aim of training local treasury, finance and investment officers from corporate and government entities in Kuwait, Citi Kuwait held its globally acclaimed Bourse Game seminar. The seminar is an intensive introduction to Money Markets and Foreign Exchange which utilizes practical learning techniques and promotes a stimulating learning environment. http://www.citigroup.com/citi/news/2014/140529b.htm Mon, 19 May 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140519b.htm Citi-Wide Citigroup Inc. Announces Offers to Purchase Nine 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 table below under the heading "CAD Notes," and (ii) its notes of the series set forth in the table below under the heading "U.S. Dollar Notes" up to an aggregate principal amount with respect to each series of U.S. Dollar Notes as set forth in the table below (each, a "Maximum Series Tender Cap") (all such notes collectively, the "Notes"). 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. $6.66 billion as of May 16, 2014 (based on U.S. dollar exchange rates as of that date). http://www.citigroup.com/citi/news/2014/140519b.htm Fri, 16 May 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140520a.htm Consumer Banking/Asia Pacific Citibank and AIA Launch Landmark Bancassurance Partnership in Mainland China Shanghai – Citibank (China) Co., Ltd. ("Citi China") and AIA China ("AIA") today jointly announced the commencement of their new bancassurance partnership in mainland China, one of the first implementations among the 11 markets in the Asia-Pacific region covered by the exclusive, long-term agreement. Citibank customers in Shanghai, Beijing, Guangzhou, Shenzhen, Nanjing and Wuxi will have access to a wide range of AIA's insurance solutions via Citi China's retail network. http://www.citigroup.com/citi/news/2014/140520a.htm Fri, 16 May 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140516b.htm Institutional Clients Group/Asia Pacific Citi China to Pilot Foreign Currency Cross Border Treasury Center Solution in China (Shanghai) Free Trade Zone Shanghai – Citibank (China) Co., Ltd. ("Citi China") today launched its foreign currency ("FCY") cross-border treasury center solution in the China (Shanghai) Pilot Free Trade Zone ("SFTZ"). This solution allows companies to achieve centralized fund management by integrating FCY cross-border pooling and payment netting. http://www.citigroup.com/citi/news/2014/140516b.htm Thu, 15 May 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140519a.htm Responsible Finance Latin America Citibank Peru Honors Winners of Fifth Annual Journalism Awards for Excellence Lima – Citibank Peru honored the winners of the fifth annual Journalism Awards for Excellence, which recognizes finance, economics and business articles published in the Peruvian media that generate impact and value in the community. http://www.citigroup.com/citi/news/2014/140519a.htm Thu, 15 May 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140516a.htm Consumer Banking/Latin America Citi Venezuela Launches Citi / AAdvantage® MasterCard Black Caracas - The Ascaso Art Gallery in Las Mercedes, Caracas, was the scene for the launch of the exclusive Citi / AAdvantage® MasterCard Black Credit Card on Thursday, May 15. http://www.citigroup.com/citi/news/2014/140516a.htm Tue, 13 May 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140514a.htm Consumer Banking/Asia Pacific Citi Sees Strong Growth in Digital Banking Usage in Asia Citi has passed the seven million mark for clients in Asia that are signed up for digital banking services for their banking needs including online, mobile phones and other digital channels. These banking services include Citi's award-winning mobile and internet banking applications across the 14 markets in which the bank has consumer operations in Asia. At the end of April 2014, Citi had 7.4 million clients registered for Digital Banking services. http://www.citigroup.com/citi/news/2014/140514a.htm Mon, 12 May 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140515a.htm Consumer Banking/Latin America Citi Chooses Colombia as the First Market for Its World Launch Bogotá, Colombia - In line with its general business strategy for the region and to in response to international consumer trends, Citi Colombia has launched Citi Priority, a new and better global experience that combines best practices and access to global and international services with more privileges and preferential features for its clients. http://www.citigroup.com/citi/news/2014/140515a.htm Mon, 12 May 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140512a.htm Consumer Banking/Asia Pacific Citi Ranked Top Foreign Bank Employer in China by Universum Shanghai - Citibank (China) Co., Ltd. ("Citi China") was named the Best Foreign Bank Employer in China and the third-most attractive employer among business students, according to global employer branding company Universum's China Top 100 IDEAL Employers 2014. The annual survey, conducted in China since 2003, was participated by over 51,000 university students from 103 top universities across the country last year. http://www.citigroup.com/citi/news/2014/140512a.htm Mon, 12 May 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140512b.htm Consumer Banking/Asia Pacific Citi Philippines and Smart e-Money Form Alliance to Launch Next Big Thing in Payments Manila - Industry leaders have come together to offer the Filipino consumer new and exciting ways to pay by combining the purchasing power of a credit card and the mobile technology of cellular phones. http://www.citigroup.com/citi/news/2014/140512b.htm Fri, 09 May 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140509c.htm Responsible Finance North America President Obama Highlights Citi's Support for Solar Distributed Generation in the U.S. New York -Today, President Obama announced more than 300 private and public sector commitments to create jobs and cut carbon pollution by advancing solar deployment and energy efficiency. As part of Citi's larger $2.25 billion financing goal for energy efficiency and distributed generation announced this week at the Better Buildings Challenge Summit in Washington, D.C., Citi will target $1 billion specifically for solar distributed generation over the next three years. http://www.citigroup.com/citi/news/2014/140509c.htm Fri, 09 May 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140509a.htm Institutional Clients Group/Latin America Citi Expands Global Commercial Card Platform into Brazil Miami, Florida - Citi, through its Treasury and Trade Solutions division, continues to expand its global Commercial Cards business by adding Brazil to its market leading proprietary platform ECS+, further strengthening its offering in Latin America. http://www.citigroup.com/citi/news/2014/140509a.htm Fri, 09 May 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140509b.htm Responsible Finance North America Citi Recognized by U.S. Department of Energy for Surpassing Goal of $500 Million in Financing for Energy Efficiency and Distributed Generation, Increases Financing Target to $2.25 Billion New York - Citi today announced it was recognized by the U.S. Department of Energy for its commitment to help Better Buildings Challenge partners, including schools, hospitals, factories and public buildings, to complete energy efficiency and distributed generation upgrades under the Better Buildings Challenge. Citi surpassed its goal of $500 million, arranging $570 million in financing for energy efficiency and distributed generation since 2011. One of just four Better Buildings Challenge Financial Allies to exceed their goal, Citi also announced it has increased its incremental financing target for energy efficiency and distributed generation in the U.S. to $2.25 billion over the next three years. The announcement was made at a National Summit in Washington, D.C., along with the release of second year accomplishments for the program. http://www.citigroup.com/citi/news/2014/140509b.htm Thu, 08 May 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140508c.htm Institutional Clients Group/Latin America Global Finance Names Citi Best Sub-Custodian Bank in Latin America for the 11th Year in a Row Miami, Florida - Citi was awarded Best Sub-Custodian Bank in Latin America for the 11th year in a row by Global Finance Magazine. In addition, the bank obtained the recognition in Argentina and Colombia for the eighth year in a row, in Venezuela for the sixth year in a row, and in Peru and Chile (Banco de Chile) for the fifth year in a row. Globally, Citi also obtained 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/2014/140508c.htm Thu, 08 May 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140508a.htm Consumer Banking/North America New Citibank Survey Reveals U.S. Small-Business Owners View Current Business Conditions as Best in at Least Four Years New York - Half of all U.S. small business owners say business conditions are good or excellent, the most since at least 2010, according to the findings released today from Citibank® Small Business Pulse. The results mark a steady rise in outlook, up from 48 percent reporting the same in Spring 2013, 43 percent in Spring 2012, 32 percent in Spring 2011, and 24 percent in August of 2010, when the survey was first fielded. Similarly, 44 percent expect to grow their business in the next 12 months, up from 37 percent two years ago. http://www.citigroup.com/citi/news/2014/140508a.htm Tue, 06 May 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140512c.htm Consumer Banking/Europe, Middle East & Africa Citi UAE and Turkish Airlines Announce Frequent Flyer Program Partnership Dubai, UAE - Turkish Airlines, named Europe's best airline*, and Citi UAE, one of the leading foreign banks in the region, today announced a new partnership whereby PremierMiles Credit Card customers will be able to transfer their Citi Miles directly to the Miles&Smiles frequent flyer program from Turkish Airlines. http://www.citigroup.com/citi/news/2014/140512c.htm Fri, 02 May 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140508b.htm Latin America Nicaragua: Citi Inaugurates New Office Building Managua, Nicaragua - Citi Nicaragua inaugurated a new office building last week in Plaza España with space for more than 300 employees previously located in the former Aval Card building in Bolonia. http://www.citigroup.com/citi/news/2014/140508b.htm Thu, 01 May 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140502a.htm Consumer Banking/North America Citi's Money for Health Named Winner in 28th Annual Edison Awards San Francisco - Citi's Money for Health was named a Bronze Winner this week in the 2014 Edison Awards, which recognize innovation, creativity and ingenuity in the global economy. http://www.citigroup.com/citi/news/2014/140502a.htm Wed, 30 Apr 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140505a.htm Responsible Finance Latin America Citi, MEIC and ADRI Recognize Efforts of Costa Rican Microentrepreneurs San José, Costa Rica - Now in its seventh consecutive year, the Citi Costa Rican Microentrepreneurship Award recognized five new microentrepreneurship projects determined by the judging committee to be the best and most successful in their respective categories. http://www.citigroup.com/citi/news/2014/140505a.htm Wed, 30 Apr 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140430a.htm Consumer Banking/North America Citi and Expedia Inc. Extend Their Credit Card Relationship New York and Bellevue, Wash. -- Citi, the world's largest credit card issuer, and Expedia Inc., the largest online travel company in the world, today announced that they extended their partnership in a multi-year agreement. Through the new agreement, Citi and Expedia Inc., through the Expedia.com brand, will continue working together to provide more value to loyal travelers and cardmembers. Since 2007, Citi and Expedia have worked together to provide the Citi Premier Pass® / Expedia® card, which has helped hundreds of thousands of travelers connect with the people and places that matter most to them. http://www.citigroup.com/citi/news/2014/140430a.htm Mon, 28 Apr 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140428a.htm Consumer Banking/Latin America Citi Latin America Launches Innovation Challenge Miami, Florida - Citi Latin America is hosting its first Citi Mobile Challenge Latam 2014, a virtual developer competition designed to accelerate mobile banking innovation by bringing together the most talented and creative developers and designers to create cutting-edge applications for Citi's Mobile Banking Mobile platform. http://www.citigroup.com/citi/news/2014/140428a.htm Fri, 25 Apr 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140429a.htm Responsible Finance Latin America With Backing from the Citi Foundation, Jadom Offers "Women Entrepreneurs" Workshop in Jimaní, Dominican Republic Santo Domingo, Dominican Republic - As part of a Citi Foundation program in 12 Latin American countries, Citi Dominican Republic worked in partnership with Junior Achievement and ADOPEM to offer "Women Entrepreneurs," a project designed to foster self-esteem, a sense of belonging, solidarity and commitment among women and help strengthen the country's micro-entrepreneurship base. http://www.citigroup.com/citi/news/2014/140429a.htm Thu, 24 Apr 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140430b.htm Institutional Clients Group Europe, Middle East & Africa Citi Launches CitiConnect for Customs Tax Payments in Zambia Lusaka - Following the Zambia Revenue Authority's upgrade from Asycuda++ to the AsycudaWorld System, Citi Zambia today launched the upgraded Online Customs Tax Payments System, CitiConnect. http://www.citigroup.com/citi/news/2014/140430b.htm Wed, 23 Apr 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140424a.htm Consumer Banking/Latin America Costa Rica: Citi Unveils Its Mobile Strategy on Technology Day San José - The future of digital banking will be the main issue addressed by Jorge Ruiz, Digital Services Director at Citi Latin America, on Technology Day 2014 in San José, Costa Rica. http://www.citigroup.com/citi/news/2014/140424a.htm Wed, 23 Apr 2014 00:00:01 GMT http://www.citigroup.com/citi/news/2014/140423b.htm Citi-Wide Citigroup Board of Directors Approves $1.165 Billion Common Stock Repurchase Program New York - Citigroup Inc. today announced that its Board of Directors has approved a $1.165 billion common stock repurchase program through the first quarter of 2015. As previously announced, this repurchase plan was permitted pursuant to the 2014 Comprehensive Capital Analysis and Review (CCAR) and is intended to offset estimated dilution created by Citi's annual incentive compensation grants. http://www.citigroup.com/citi/news/2014/140423b.htm