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Press Room
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FOR IMMEDIATE RELEASE
August 15, 2002
 
Telecom Analyst Jack Grubman to Leave Salomon Smith Barney
 
New York, New York – Salomon Smith Barney today announced that telecommunications analyst Jack Grubman is leaving the firm by mutual agreement.
 
Attached are copies of Mr. Grubman’s letter of resignation as well as a memo to employees from Michael A. Carpenter, Chairman and CEO of Salomon Smith Barney addressing his departure.
 
 
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Citigroup’s Global Corporate & Investment Bank brings together Citibank, the world's most global corporate bank, and Salomon Smith Barney, a leading global investment bank and securities brokerage firm. Together they provide complete financial solutions to corporations, governments, institutions and individuals in more than 100 countries. Award-winning businesses include corporate and investment banking services, investment advice, financial planning and commercial insurance products.
 
Citigroup (NYSE: C), the preeminent global financial services company with some 200 million customer accounts in more than 100 countries, provides 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 asset management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney and Banamex. Additional information may be found at: www.citigroup.com.