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Latest News about Citigroup
All stories we have written about Citigroup. The latest news stories from various sources are below.

Citigroup Asks Court for Victory Without Trial in Suit Against Terra Firma

Citigroup Inc. asked a federal judge to forgo a trial and rule in its favor in a lawsuit accusing the bank of tricking Terra Firma Capital Partners Ltd. into buying EMI Group Ltd. in 2007.
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Citigroup Hires CICC's Lu to Boost China Equity Underwriting, Merger Deals

Citigroup Inc. hired Lu Yin from China International Capital Corp. as director of its financial institutions group to focus on equity underwriting and acquisitions by Chinese companies, according to a company memo.
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Citigroup tricked us into buying EMI, claims Terra Firma

Guy Hands's private equity firm alleges fraud over purchase of debt-laden label behind Blur and Robbie Williams Terra Firma today filed papers with a New York court alleging fraud by Citigroup on the grounds that it was tricked into buying debt-laden music company EMI three years ago. The private equity firm also alleged that a senior Citigroup executive, Chad Leat, told the press last year that ...
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Citigroup Profile
Citigroup Stock Symbol: C
Citigroup Address: 399 Park Avenue New York, NY 10043 United States
Citigroup Phone Number: 212-559-1000
Citigroup Summary: Citigroup, Inc., a multibank holding company, provides various financial services to customers in the United States and internationally. The company's Global Consumer segment offers banking, lending, insurance, and investment services. As of March 31, 2007, this segment operated through a network of 8,140 branches, approximately 19,100 automated teller machines, 708 automated lending machines, and the Internet. Its Markets and Banking segment provides various investment and commercial banking services and products, which comprise investment banking and advisory services, debt and equity trading, institutional brokerage, foreign exchange, structured products, derivatives, and lending. It also offers cash management and trade finance for corporations and financial institutions; custody and fund services to insurance companies and pension funds; clearing services to intermediaries; and depository and agency/trust services to multinational corporations and governments. The company's Global Wealth Management segment provides investment advice, financial planning, and brokerage services to affluent individuals, companies, and non-profits. This segment also offers wealth management services for high net worth clients. These services include investment management, such as investment funds management, capital markets solutions, trust, fiduciary, and custody services; investment finance that comprises credit services, such as real estate financing, commitments, and letters of credit; and banking services, which consist of deposit, checking, and savings accounts, as well as cash management and other banking services. The company's Alternative Investments segment manages products across five asset classes, such as private equity, hedge funds, real estate, structured products, and managed futures. Citigroup was founded in 1812 and is based in New York, New York.