Citigroup.com News Feed http://www.citigroup.com/ Citigroup.com News Source Sun, 19 Apr 2015 03:03:46 EDT en-us Citigroup.com Content Management System Thu, 16 Apr 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150416a.htm Citi-Wide Citigroup Reports First Quarter 2015 Earnings per Share of $1.51; $1.52 Excluding CVA/DVA New York - Citigroup Inc. today reported net income for the first quarter 2015 of $4.8 billion, or $1.51 per diluted share, on revenues of $19.7 billion. This compared to net income of $3.9 billion, or $1.23 per diluted share, on revenues of $20.2 billion for the first quarter 2014. http://www.citigroup.com/citi/news/2015/150416a.htm Mon, 13 Apr 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150413a.htm Citi-Wide Citi CEO Michael Corbat Announces Leadership Changes Today, Citi CEO Michael Corbat announced leadership changes in the following memo to employees. http://www.citigroup.com/citi/news/2015/150413a.htm Fri, 03 Apr 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150408a.htm Institutional Clients Group/Europe, Middle East & Africa Citi Pakistan Attends Unilever's Direct Debit Receivables Solution Launch as Its Selected Electronic Banking Platform Karachi, Pakistan - Citi Pakistan attended the April 2 launch of Unilever's Direct Debit Receivables Solution after being selected to structure the cash management solution. The solution will enable Unilever to initiate fund collection from Pakistan's four largest banks-UBL, Habib Metropolitan, Meezan Bank and Allied Bank Limited- using Citi's award winning electronic banking platform, CitiDirect. http://www.citigroup.com/citi/news/2015/150408a.htm Thu, 02 Apr 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150408b.htm Institutional Clients Group/Europe, Middle East & Africa Citi Hungary Named the Primary Dealer of the Year in 2014 by the Hungarian Government Debt Management Agency Budapest, Hungary - Citi Hungary was named the "Primary Dealer of the Year in 2014" by the Hungarian Government Debt Management Agency (ÁKK) for the fourth consecutive year. http://www.citigroup.com/citi/news/2015/150408b.htm Wed, 01 Apr 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150401a.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/2015/150401a.htm Tue, 31 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150331b.htm Consumer Banking/North America BrandSource and Citi Retail Services Extend Consumer Credit Relationship Tustin, Calif., and Atlanta, Ga. - BrandSource, one of the largest buying groups in the United States, and Citi Retail Services, one of the country's largest and most experienced private label credit card issuers, today announced a long-term agreement to extend their consumer credit card relationship. Under the agreement, Citi will continue to provide unique customer value propositions and fully integrated marketing programs to drive increased sales and loyalty for BrandSource. http://www.citigroup.com/citi/news/2015/150331b.htm Tue, 31 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150331a.htm Consumer Banking/Asia Pacific Citi Announces Agreement to Sell Citi Cards Japan to Sumitomo Mitsui Trust Bank New York - Citi today announced that it has reached a definitive agreement to sell 100 percent of the shares of Citi Cards Japan, Inc. (hereafter Citi Cards Japan), the exclusive issuer of Diners Club cards in Japan, to Sumitomo Mitsui Trust Bank, Limited (hereafter SMTB). Approximately 743,000 customer accounts of Citi Cards Japan (as of February 28, 2015) will be included in the sale. The financial terms of the transaction are not material to Citi. The transaction is expected to close by the end of 2015, subject to customary closing conditions. http://www.citigroup.com/citi/news/2015/150331a.htm Mon, 30 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150330a.htm Citi-Wide Citigroup Announces Expiration and Final Tender Results of Offers to Purchase Four 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/2015/150330a.htm Thu, 26 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150326a.htm Consumer Banking North America U.S.: Goodyear and Citi Retail Services Announce Renewal of Long-term Credit Card Agreement Akron, Ohio and Atlanta, Ga. - The Goodyear Tire & Rubber Company and Citi Retail Services today announced an agreement to renew their consumer credit card relationship. Goodyear, one of the world's leading tire companies, and Citi Retail Services, one of North America's largest and most experienced private label card issuers, extended their 27-year relationship by signing a long-term agreement. http://www.citigroup.com/citi/news/2015/150326a.htm Wed, 25 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150325a.htm Responsible Finance North America Citi Foundation Provides $20,000 Grant to Northwest Metro Atlanta Habitat Affiliate Atlanta - This year, Citi Foundation has provided the Northwest Metro Atlanta Habitat for Humanity affiliate with a $20,000 grant to support its 2015 home-building goals. Atlanta-based Citi employees, who actively volunteer with the affiliate, presented the organization with the ceremonial check during a presentation in late February. http://www.citigroup.com/citi/news/2015/150325a.htm Tue, 24 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150325b.htm Consumer Banking Citi Study Reveals Progress and Opportunity for Professional Women New York - Now more than ever, women view progress in the workplace as having more women in leadership roles, flexible work environments and eliminating of the gender wage gap, according to a new survey commissioned by Citi in partnership with LinkedIn as part of the Citi Women initiative in celebration of Women's History Month and International Women's Day. The survey gauged attitudes of professional women across LinkedIn at the manager level or above from Colombia, Hong Kong, Mexico, Singapore, the United Kingdom and United States. http://www.citigroup.com/citi/news/2015/150325b.htm Mon, 23 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150323b.htm Consumer Banking North America Citi Retail Services Wins PYMNTS.com Innovator Award Cambridge, Mass. - Citi's private label credit card unit, Citi Retail Services <https://www.citiretailservices.com/> , won a Silver award in this year's PYMNTS.com Innovator 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/2015/150323b.htm Mon, 23 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150323a.htm Consumer Banking New EIU Report Sponsored by Citi Reveals New Wealth Builders as Fastest-Growing Segment of the Global Economy New York/Hong Kong/London—A new Economist Intelligence Unit (EIU) global report, sponsored by Citi, The New Wealth Builders, reveals that households with financial assets of $100,000 to $2 million comprise the world's fastest growing wealth segment when measured by growth trends across 32 countries around the world. Yet its growth dynamics, lifestyles, values and investing habits are generally underreported compared with other segments. http://www.citigroup.com/citi/news/2015/150323a.htm Mon, 23 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150326b.htm Institutional Clients Group/Europe, Middle East & Africa EMEA Finance Names Citi "Best Foreign Investment Bank" for the Fourth Year in a Row and "Best Foreign Bank" for the Second Consecutive Year in Bahrain Manama, Bahrain - EMEA Finance Magazine has named Citi "Best Foreign Investment Bank" for the fourth year in a row and "Best Foreign Bank" for the second consecutive year in Bahrain as part of the magazine's Middle East Banking Awards 2014. The awards were recently announced at a charity awards dinner held at JW Marriott Hotel Dubai. http://www.citigroup.com/citi/news/2015/150326b.htm Thu, 19 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150326c.htm Responsible Finance Europe, Middle East & Africa Aftab Ahmed, Citi Country Officer for Hungary, Launches the Citi-Junior Achievement SmartUp Challenge Program Budapest, Hungary - Fifty students aged 17-23 from a number of secondary schools and universities in Hungary participated in the Citi-Junior Achievement SmartUp Challenge Program. This is part of a regional initiative supported by the Citi Foundation in Hungary, Romania, Slovakia and Bulgaria, and it is focused on developing the entrepreneurial skills and competencies of students, enabling them to enhance their employability opportunities and help them create their own business. http://www.citigroup.com/citi/news/2015/150326c.htm Thu, 19 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150319b.htm Consumer Banking North America Citi Retail Services Extends Long-Term Consumer and Commercial Credit Relationship with Office Depot, Inc. Atlanta - Citi Retail Services today announced a long-term agreement with Office Depot, Inc. to extend the companies' 25-year consumer and commercial credit relationship and to consolidate the Office Depot and OfficeMax credit agreements into one program. http://www.citigroup.com/citi/news/2015/150319b.htm Thu, 19 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150319a.htm Responsible Finance North America U.S.: Citi Announces Citi Community Home Runs Program for 2015 New York Mets Season New York - Citi announced today the launch of the Citi Community Home Runs Program for the 2015 New York Mets' season. For the second consecutive year, Citi will donate $2,000 to one of four tri-state area community partners each time a Mets player hits a home run at Citi Field during the regular season: City Harvest, United Neighborhood Houses, USO of Metropolitan New York, and New York City's YMCA. Each organization will also receive a $5,000 initial donation to kick-off the program. The Citi Community Home Runs Program begins on April 13, Mets' Opening Day, and continues through the final regular season home game on October 4 at Citi Field. http://www.citigroup.com/citi/news/2015/150319a.htm Wed, 18 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150318a.htm Citi-Wide Citi First Quarter 2015 Fixed Income Investor Review New York - John Gerspach, Chief Financial Officer, will conduct the Citigroup first quarter 2015 Fixed Income Investor Review at 11 a.m. (ET) on Thursday, April 23, 2015. The review will be available live via webcast and teleconference. http://www.citigroup.com/citi/news/2015/150318a.htm Tue, 17 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150317a.htm Consumer Banking/North America Citi Retail Services' Leslie McNamara Named One of the Most Influential Women in Payments New York - PaymentsSource named Citi Retail Services' Leslie McNamara, Managing Director and Executive Vice President of Partner Management, one of the 2015 Most Influential Women in Payments. PaymentsSource, a U.S. payments industry news resource, published its third-annual ranking this month at PaymentsSource.com/women-in-payments, and its affiliate American Banker will feature the list as a special report in its April issue. http://www.citigroup.com/citi/news/2015/150317a.htm Mon, 16 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150316c.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/2015/150316c.htm Mon, 16 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150316b.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 5p.m., New York City time, on March 13, 2015 (the "Early Tender Date") pursuant to its previously announced cash tender offers (each, an "Offer" and, collectively, the "Offers"), 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 March 18, 2015 (the "Early Settlement Date"). http://www.citigroup.com/citi/news/2015/150316b.htm Mon, 16 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150316a.htm Responsible Finance Institutional Clients Group/North America Citi's Lead Widens with Affordable Housing Finance Magazine's Ranking of Top Affordable Housing Lender for 2014 New York - Citi continues its reign as No. 1 in Affordable Housing Finance (AHF) Magazine's annual survey of affordable housing lenders for the sixth consecutive year. Citi Community Capital, which is the main avenue through which Citi works to finance all types of affordable housing and community investment projects, reported over $3.2 billion of lending to finance affordable rental housing projects in 2014, up from $2.6 billion the previous year. http://www.citigroup.com/citi/news/2015/150316a.htm Wed, 11 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150311a.htm Citi-Wide Citi Announces 2015 Planned Capital Actions New York - The Federal Reserve Board today advised Citi that it has no objection to the planned capital actions requested by Citi as part of the 2015 Comprehensive Capital Analysis and Review (CCAR). http://www.citigroup.com/citi/news/2015/150311a.htm Wed, 11 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150331c.htm Consumer Banking Europe, Middle East & Africa Poland: Saule Technologies Voted Startup of 2014 Handlowy, Poland - Saule Technologies, one of the first companies in the world that deals in commercial application of perovskites (materials that absorb light and produce energy in the process), was awarded the "Startup of 2014" title. The company works on creating an elastic, semi-transparent cell that could be easily combined with products currently present on the market. For example, a tablet with a screen coated with perovskite would be able to recharge its own battery. http://www.citigroup.com/citi/news/2015/150331c.htm Tue, 10 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150310c.htm Consumer Banking/North America Citi to Launch Banking App for Apple Watch New York - Citi announced today it will launch a banking app designed for Apple Watch™ when Apple brings the device to market in the U.S. on April 24, 2015. Among the first banking apps for a wearable device, the Citi Mobile® Lite app will enable Citi U.S. debit and credit card customers to view account balances and recent transactions and to receive real-time notifications of credit card transactions at a glance right on their wrist with Apple Watch or iPhone. http://www.citigroup.com/citi/news/2015/150310c.htm Tue, 10 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150310a.htm Citi-Wide Citigroup Announces Expiration and Final Tender Results of Offers to Purchase Three 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/2015/150310a.htm Thu, 05 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150310b.htm Responsible Finance Latin America Citi Guatemala and Vital Voices Celebrate International Women's Day with Global Mentoring Walk 2015 Guatemala City, Guatemala - Citi Guatemala and Vital Voices Guatemala have joined to celebrate International Women's Day with Global Mentoring Walk 2015, an event where women will have the opportunity to exchange experiences and share goals and dreams with women who have achieved success. http://www.citigroup.com/citi/news/2015/150310b.htm Thu, 05 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150305b.htm Citi-Wide Citi Releases Certain Disclosures Required by the Federal Reserve Board's Annual Supervisory Stress Tests London - Citigroup Inc. today announced that it has sold 396 million common shares in Akbank T.A.S. (Akbank) through an equity offering representing its entire 9.9 percent equity interest in the company for TRY7.45 per share. Total proceeds from the transaction are expected to be approximately US$1.15 billion at the current exchange rate, with no material financial impact to Citigroup. http://www.citigroup.com/citi/news/2015/150305b.htm Thu, 05 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150305a.htm Citi-Wide Europe, Middle East & Africa Citigroup Completes Sale of 9.9 Percent Equity Interest in Akbank T.A.S. London - Citigroup Inc. today announced that it has sold 396 million common shares in Akbank T.A.S. (Akbank) through an equity offering representing its entire 9.9 percent equity interest in the company for TRY7.45 per share. Total proceeds from the transaction are expected to be approximately US$1.15 billion at the current exchange rate, with no material financial impact to Citigroup. http://www.citigroup.com/citi/news/2015/150305a.htm Wed, 04 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150304a.htm Consumer Banking Citi and MasterCard Sign New Global Agreement That Expands Relationship New York and Purchase, N.Y. - Citigroup and MasterCard announced today that the companies have signed a new and expanded 10-year agreement. Citi will begin aligning the company's consumer proprietary credit and debit portfolios to the MasterCard network in 2015. Citi will continue to work with other networks, including on consumer co-brands and commercial cards. http://www.citigroup.com/citi/news/2015/150304a.htm Tue, 03 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150303b.htm Responsible Finance North America U.S.: The Citi Foundation and Cities for Financial Empowerment Fund Expand Summer Jobs Connect to New Cities as Part of National Pathways to Progress Initiative Washington, D.C. - Today, at the President's Advisory Council on Financial Capability for Young Americans meeting hosted at the White House, the Citi Foundation and Cities for Financial Empowerment Fund (CFE Fund) announced the District of Columbia and St. Louis have been selected to join Summer Jobs Connect, which provides low-income youth with summer work experience, access to financial education and appropriate financial services. Launched in 2014 in Chicago, Los Angeles, Miami, New York City, and San Francisco, Summer Jobs Connect will support more than 2,000 jobs for young people in seven cities over the summer of 2015. http://www.citigroup.com/citi/news/2015/150303b.htm Tue, 03 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150303a.htm Citi-Wide Citi to Sell OneMain Financial to Springleaf New York - Citigroup today announced that it has reached a definitive agreement to sell OneMain Financial Holdings, Inc. to Springleaf Holdings (NYSE: LEAF) for a purchase price of $4.25 billion. The deal is expected to close in the third quarter of 2015, subject to regulatory approvals and other customary closing conditions. http://www.citigroup.com/citi/news/2015/150303a.htm Mon, 02 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150327a.htm Europe, Middle East & Africa Citi Bahrain Launches Travel Series 'Discover' for Citi Credit Card Holders Manama, Bahrain - Citi Bahrain announced the launch of Citi's exclusive Travel Series "Discover," a campaign through which Citi clients can win airline tickets and explore exciting cities around the world. With Thailand next on the map, the winner will get the opportunity to stroll through bustling streets one day and relax on a remote beach the next. http://www.citigroup.com/citi/news/2015/150327a.htm Mon, 02 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150302b.htm Citi-Wide Citigroup Inc. Announces Offers to Purchase Four 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. $5.31 billion as of March 2, 2015. http://www.citigroup.com/citi/news/2015/150302b.htm Mon, 02 Mar 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150302a.htm Consumer Banking/North America Costco Enters into a Long Term Co-Brand Credit Card Agreement with Citi and an Acceptance and Co-Brand Agreement with Visa Issaquah, Wash. - Costco Wholesale Corporation ("Costco") (NASDAQ: COST) today announced it has entered into a new co-brand credit card program agreement with Citi and an acceptance and co-brand incentive agreement with Visa. The implementation of these agreements is subject to the purchase of the existing co-brand credit card portfolio by Citi. http://www.citigroup.com/citi/news/2015/150302a.htm Wed, 25 Feb 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150225b.htm Europe, Middle East & Africa Citi Sponsors Pakistan Capital Markets Day at the London Stock Exchange Pakistan - Citi N.A. sponsored the fourth annual Pakistan Capital Markets Day at the London Stock Exchange on February 20, 2015. The event featured participation from 14 of Pakistan's leading companies, as well as London-based and international investors. The Pakistani companies represented at the event included Allied Bank, Bank Alfalah, Bestway, Fatima Fertiliser, Fauji Fertiliser, Hub Power Company, K-Electric, Maple Leaf, National Bank of Pakistan, Oil & Gas Development Company Limited, Pakistan Telecom, Pakistan International Bulk, Saif Power and United Bank of Pakistan. http://www.citigroup.com/citi/news/2015/150225b.htm Tue, 24 Feb 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150225a.htm Europe, Middle East & Africa Citi Handlowy Recognized by Amcham as "Impact Pioneer" of the Polish Economy Warsaw, Poland - On February 14, AmCham in Poland celebrated its 25th anniversary. During a Hollywood-style gala event, AmCham awarded Citi Handlowy the Impact Pioneer Award. Citi Handlowy was among three companies recognized by AmCham on this special occasion. Statuettes also went to GE International and UTC (United Technologies). Handlowy was recognized as one of the strongest financial institutions offering modern products and services for both corporate and individual clients, strongly perceived as a significant American investor in Poland. http://www.citigroup.com/citi/news/2015/150225a.htm Tue, 24 Feb 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150224d.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/2015/150224d.htm Tue, 24 Feb 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150224c.htm Citi-Wide Citigroup CFO John Gerspach to Present at the Raymond James Institutional Investors Conference New York - John Gerspach, Chief Financial Officer of Citigroup, will present at the 36th Annual Raymond James Institutional Investors Conference on Monday, March 2, 2015. The presentation is expected to begin at approximately 9:15 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/2015/150224c.htm Tue, 24 Feb 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150224b.htm Consumer Banking Citi and IBM Align to Accelerate Digital Banking Innovation Through Citi Mobile Challenge Las Vegas, Nev. - Citi and IBM today announced a collaboration to work with developers and build the next generation of financial technology (FinTech) through the Citi Mobile Challenge. IBM will offer mentorship tutorials, and access to Bluemix, IBM's digital innovation platform, to help developers participating in the Citi Mobile Challenge build, test and deploy their FinTech solutions. Citi Chief Client Experience, Digital and Marketing Officer for Global Consumer Banking Heather Cox and IBM fellow and Websphere CTO Jerry Cuomo made the announcement at IBM InterConnect 2015, IBM's major cloud and mobile conference. http://www.citigroup.com/citi/news/2015/150224b.htm Tue, 24 Feb 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150224a.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 February 23, 2015 (the "Early Tender Date") pursuant to its previously announced cash tender offers (each, an "Offer" and, collectively, the "Offers"), 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 February 26, 2015 (the "Early Settlement Date"). http://www.citigroup.com/citi/news/2015/150224a.htm Mon, 23 Feb 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150223c.htm Institutional Clients Group/Europe, Middle East & Africa U.A.E.: Citi and Etihad Airways Sign Supply Chain Finance Partnership http://www.citigroup.com/citi/news/2015/150223c.htm Mon, 23 Feb 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150223b.htm Consumer Banking Citi Retail Services Wins Institute of Risk Management's Global Risk Award London - Citi's private label credit card unit, Citi Retail Services, won the "Risk Management Solution of the Year" award at The Institute of Risk Management's (IRM's) award ceremony last night in London. The 2015 Awards, which recognize innovation, creativity and achievement in risk management, attracted entries from across the Americas, Asia, Africa, Europe and the Middle East. Now in their third year, the Awards are known for their global reach, caliber of entrants and rigorous judging process. http://www.citigroup.com/citi/news/2015/150223b.htm Mon, 23 Feb 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150223a.htm Europe, Middle East & Africa Citi Mobile Challenge Launches in Jerusalem, London, Nairobi and Warsaw New York / London - Citi today announced the launch of Citi Mobile Challenge in Europe, the Middle East and Africa, the latest part of Citi's global Digital Acceleration effort to foster innovation within the banking industry. The virtual competition invites developers from around the world to build innovative solutions based on Citi's digital platform. Citi's vast global network gives developers an opportunity to have their ideas put in place in markets all over the world. http://www.citigroup.com/citi/news/2015/150223a.htm Wed, 18 Feb 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150218c.htm Citi-Wide Citi First Quarter 2015 Earnings Review New York - Citigroup will issue its first quarter results via press release at approximately 8 a.m. (ET) on Thursday, April 16, 2015. At 11 a.m. (ET), results will be reviewed via live webcast and teleconference. http://www.citigroup.com/citi/news/2015/150218c.htm Wed, 18 Feb 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150218a.htm Citi-Wide Responsible Finance Citi Announces $100 Billion, 10-Year Commitment to Finance Sustainable Growth New York - Citi announced today a landmark commitment to lend, invest and facilitate a total of $100 billion within the next 10 years to finance activities that reduce the impacts of climate change and create environmental solutions that benefit people and communities. This goal is in addition to a previous $50 billion goal announced in 2007, which was met three years early in 2013. http://www.citigroup.com/citi/news/2015/150218a.htm Tue, 17 Feb 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150217a.htm Citi-Wide Citi Board Elects Peter Blair Henry to Board of Directors New York - Citi's Board of Directors today announced that it has elected Peter Blair Henry as a new independent director, with his service commencing July 1, 2015. Dr. Henry is the Dean of New York University's Leonard N. Stern School of Business and an international economist who specializes in emerging economies. http://www.citigroup.com/citi/news/2015/150217a.htm Sun, 15 Feb 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150218b.htm Institutional Clients Group/Asia Pacific Citi Launches Free Trade Accounting Unit Business in China (Shanghai) Pilot Free Trade Zone Shanghai - Citibank (China) Co., Ltd. ("Citi China") today announced the launch of its Free Trade Accounting Unit ("FTU") business in its Shanghai Free Trade Zone ("SFTZ") Sub-branch. http://www.citigroup.com/citi/news/2015/150218b.htm Tue, 10 Feb 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150210b.htm Institutional Clients Group/Asia Pacific Citi Wins "Best Transaction Bank in China" Shanghai - Citi was named Best Bank in China in the 2014 Asia Pacific Country Transaction Bank Awards sponsored by the Corporate Treasurer, a leading treasury-focused publication in Asia Pacific. http://www.citigroup.com/citi/news/2015/150210b.htm Tue, 10 Feb 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150210a.htm Consumer Banking/North America U.S.: Citi Announces Digital Marketing Alliance with Zillow New York - Citi announced it has entered into a digital marketing alliance with the online real estate marketplace Zillow. The integrated offering is dedicated to reaching home buyers and those in need of mortgage financing, in priority cities for Citi's U.S. consumer business. Under the agreement, Citi has an increased presence on Zillow, Zillow Mortgages and StreetEasy, New York City's go-to real estate app and website owned by Zillow. http://www.citigroup.com/citi/news/2015/150210a.htm Mon, 09 Feb 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150209a.htm Citi-Wide Citigroup Inc. Announces Offers to Purchase Three 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. $3.52 billion as of February 6, 2015. http://www.citigroup.com/citi/news/2015/150209a.htm Sat, 07 Feb 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150207a.htm Responsible Finance Asia Pacific Inclusive Development and Migration Forum Held in Singapore Singapore - Migration is a phenomenon of today's interconnected world with an estimated 230 million migrants globally in 2013 and continues to grow in scope, complexity and impact. http://www.citigroup.com/citi/news/2015/150207a.htm Thu, 05 Feb 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150205a.htm Citi-Wide Citigroup CEO of U.S. Consumer & Commercial Banking and CitiMortgage Jane Fraser to Present at the 2015 Credit Suisse Financial Services Forum New York - Jane Fraser, Chief Executive Officer of U.S. Consumer &amp; Commercial Banking and CitiMortgage, will present at the 2015 Credit Suisse Financial Services Forum on Tuesday, February 10, 2015. The presentation is expected to begin at approximately 9:30 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/2015/150205a.htm Fri, 30 Jan 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150130a.htm Responsible Finance North America U.S.: As Part of Ninth Annual National Earned Income Tax Credit Awareness Day, Citi Releases Latest "Money Matters" Guide New York - Today, Citi - in collaboration with nonprofit partners in eight states across the United States - released the Money Matters guide, which is a tool designed to raise awareness of the Earned Income Tax Credit (EITC), a refundable tax credit for low- and moderate-income working families. Last year, nearly 28 million families received more than $65 billion in EITC refunds, with an average refund of $2,407 per family, but many additional taxpayers may qualify for qualify for the credit. http://www.citigroup.com/citi/news/2015/150130a.htm Wed, 28 Jan 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150129a.htm Consumer Banking Europe, Middle East & Africa Citi Launches Rewards Program in Bahrain Manama, Bahrain - Citi Bahrain announced the launch of Citi's exclusive Rewards program giving its local credit card clients access to leading merchandise from across the globe including product catalogue redemptions, airline/hotel points transfer capabilities and end-to-end travel bookings online. http://www.citigroup.com/citi/news/2015/150129a.htm Tue, 27 Jan 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150127a.htm Consumer Banking/North America U.S.: Citi Small Business Lending Reaches $9.2 Billion in 2014 New York - Citi announced today that it lent $9.2 billion to U.S. small businesses in 2014. Since 2012, Citi has lent small businesses $28 billion, a more than 50 percent increase from the previous three-year period over which time the bank lent small businesses $18.4 billion. The 2014 tally comes a year after Citi surpassed the three-year $24 billion commitment it made in 2011 in conjunction with the U.S. Small Business Administration (SBA) to provide access to lending and capital that would speed economic recovery. Citi Chief Executive Officer Michael Corbat announced the 2014 total today in remarks to the Greater Omaha Chamber of Commerce. http://www.citigroup.com/citi/news/2015/150127a.htm Mon, 26 Jan 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150126a.htm Responsible Finance Brandee McHale Named President of the Citi Foundation and Director of Corporate Citizenship for Citi New York - Today, Citi announced that Brandee McHale has been appointed President of the Citi Foundation and Director of Corporate Citizenship for Citi, effective February 1. Ms. McHale will succeed Pamela Flaherty, who is retiring at the end of January after 46 years with Citi. Ed Skyler will remain Chairman of the Citi Foundation. http://www.citigroup.com/citi/news/2015/150126a.htm Tue, 20 Jan 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150120c.htm Consumer Banking/North America U.S.: Citi Cards Provides Complimentary FICO Scores and Insights to Cardmembers New York - Citi has begun delivering complimentary FICO Scores to Citi-branded consumer credit cardmembers, as previously announced in fall 2014. Beginning immediately, millions of Citi consumer credit cardmembers can access their FICO Score online at www.citi.com/creditscore after logging in with their account credentials. Citi will provide monthly updates to FICO scores, based on Equifax data. http://www.citigroup.com/citi/news/2015/150120c.htm Fri, 16 Jan 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150120a.htm Institutional Clients Group/Asia Pacific Citi Enables Regulated Offshore Funds to Access Stock Connect A-Shares Hong Kong - Citi is pleased to announce that its depositary bank business is ready to enable Alternative Investment Funds (AIF) and UCITS funds registered in a number of European countries the ability to trade A-shares through the Shanghai-Hong Kong Stock Connect system. http://www.citigroup.com/citi/news/2015/150120a.htm Thu, 15 Jan 2015 00:00:01 GMT http://www.citigroup.com/citi/news/2015/150121a.htm Consumer Banking/Asia Pacific Tata AIA Life and Citibank Partner to Serve Insurance Needs of India Households Mumbai - Citibank and Tata AIA Life today announced they are focused on serving the life insurance and wealth management needs of members of the global Indian community who have a desire for higher coverage through innovative products and an affinity for simple digital delivery. This is a growing base of approximately 18.4 million households across 14 cities in India that has a large protection gap, estimated at more than INR 150 trillion. http://www.citigroup.com/citi/news/2015/150121a.htm