News tagged with citibank
Indian outsourcers 'employ 100,000 in US'
India's IT outsourcing sector has nearly doubled the number of jobs it has created in the US in the last five years and now employs more than 100,000 people, an industry group said on Friday.
Mar 23, 2012 |
3 / 5 (4) |
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Google opening smartphone wallets (Update)
Google opened its smartphone wallet to the public on Monday.
Sep 19, 2011 |
5 / 5 (2) |
4
Obama's regulatory plan doesn't go far enough, says UCSC economist
Tempting as it is to demonize greedy Wall Street bankers for the nation's economic ills, the real cause is far more insidious than a handful of selfish individuals--and may prove resistant to the Obama administration's ...
Other Sciences / Economics & Business
Mar 26, 2009 |
5 / 5 (1) |
1
Review: No more writing checks in lifestyle change
(AP) -- It's been nine months since I've written a check. That's not to say I'm on some 12-step program to resist shopping. My credit card bills would suggest otherwise. Rather, when I opened a new bank account ...
Dec 30, 2009 |
2.5 / 5 (2) |
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Google backs wind energy in California desert
Google on Tuesday said it is investing $55 million into a California wind energy farm, raising to $400 million the amount of money the technology giant has pumped into clean energy projects.
Technology / Energy & Green Tech
May 24, 2011 |
5 / 5 (1) |
4
The high price of data breaches
As consumers, we transmit valuable personal information to the companies with which we do business. In doing so, we trust that information will remain secure. Over the past year, however, we have learned of a number of instances ...
Nov 26, 2011 |
5 / 5 (1) |
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Google launches trial of tap-to-pay phone system
Google Inc. launched its bid to dominate a world where the smartphone has replaced the wallet as the container for credit cards, coupons and receipts.
May 26, 2011 |
4 / 5 (1) |
1
Citibank turns rewards into 'social currency'
Credit card rewards are the new social currency. Citibank customers can now use Facebook to pool their rewards points online.
Jan 03, 2012 |
1 / 5 (1) |
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Citibank
Citibank, a major international bank, is the consumer banking arm of financial services giant Citigroup. Citibank was founded in 1812 as the City Bank of New York, later First National City Bank of New York. As of March 2010[update], Citigroup is the third largest bank holding company in the United States by total assets, after Bank of America and JP Morgan Chase.
Citibank has retail banking operations in more than 100 countries and territories around the world. More than half of its 1,400 offices are in the United States, mostly in New York City, Chicago, Los Angeles, the San Francisco Bay Area, Washington, D.C. and Miami. More recently, Citibank has expanded its operations in the Boston, Philadelphia, Houston, and Dallas metropolitan areas.
In addition to the standard banking transactions, Citibank offers insurance, credit cards and investment products. Their online services division is among the most successful in the field,[citation needed] claiming about 15 million users.
As a result of the global financial crisis of 2008–2009 and huge losses in the value of its subprime mortgage assets, Citibank was rescued by the U.S. government under plans agreed for Citigroup. On November 23, 2008, in addition to initial aid of $25 billion, a further $25 billion was invested in the corporation together with guarantees for risky assets amounting to $306 billion. Since this time, Citibank has repaid its government loans in full.
For more information about Citibank, read the full article at
Wikipedia.
This text uses material from Wikipedia and is available under the GNU Free Documentation License.
