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Press Room
# # FOR IMMEDIATE RELEASE
Citigroup Inc. (NYSE symbol: C)
February 26, 1999
 
Establishment of Nikko Salomon Smith Barney Limited
 
Tokyo, Japan — We are pleased to announce today the establishment of Nikko Salomon Smith Barney Limited, a joint venture between Citigroup Inc.’s Salomon Smith Barney and Nikko Securities.
 
The firm’s main businesses are sales & trading, investment banking, and research for corporate and institutional clients, as per the agreement dated August 28, 1998.
 
The firm aims to provide the highest level of financial skills and services, supported by strong product development capabilities, through the combined networks of Salomon Smith Barney and Nikko Securities.
 
Details are as follows:
 
Trade Name: Nikko Salomon Smith Barney Limited (in English)
Nikko Salomon Smith Barney Shoken Gaisha (in Japanese)
Establishment: Friday, February 26,1999
Business Commencement: Monday, March 1, 1999
Principal Address in Japan: Akasaka Park Building
2-20, Akasaka 5-chome
Minato-ku, Tokyo 107-6122
Japan
Main Telephone No.: (03) 5574-4111 (in Japan)
81-3-5574-4111 (from overseas)
Representative: Toshiharu Kojima
Paid-in Capital: \106 billion
No. of Employees: 1,100
Businesses: - Investment Banking
- Sales & Trading
- Research
Stock Exchange Membership: - Tokyo
- Osaka
- Nagoya

 
 
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