New York Citi today issued the following statement:
"Citigroup, after yesterday morning's announcement of the sale of certain Wachovia businesses to Citigroup, is committed to the orderly consummation of the transaction, including the viability of the businesses that will remain with Wachovia Corporation. Citigroup continues to do business on normal terms with both the businesses to be acquired and those that will continue in Wachovia Corporation."
Citi, the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Citi's major brand names include Citibank, CitiFinancial, Primerica, Smith Barney, Banamex, and Nikko. Additional information may be found at www.citigroup.com or www.citi.com.