Stock Exchange Prior to joining Citi in 2009, Scott was Senior Vice President and Chie f Counsel for Global Compliance at Lehman Acadia Healthcare, Nine Directors Named in Securities Suit. Under his leadership, the next 14 years would see Citibank become the largest bank in the United States and the largest issuer of credit cards and charge cards in the world, and expand its global reach to over 90 countries. It was created in the wake of the financial crisis as part of Citi's restructuring plan. Free and open company data on Massachusetts (US) company CITIGROUP GLOBAL MARKETS INC. (company number 112418191), 388 GREENWICH STREET, NEW YORK, NY, 10013 The Treasury would assume the first $5 billion in losses; the FDIC would absorb the next $10billion; then the Federal Reserve would assume the rest of the risk. Long Term Issuer Default Rating. 12-May-2021. The Salomon Smith Barney name was abandoned in October 2003 after a series of financial scandals that tarnished the bank's reputation.[66]. The majority of its assets are U.S. mortgages. Citigroup Global Markets Inc. J.P. Morgan Securities LLC . The company provides investment banking services to corporate, institutional, government and retail clients in USA and other countries. Full-Time. [56] Also in 1967, First National City Bank was reorganized as a one-bank holding company, First National City Corporation, or "Citicorp" for short. In 2005, Citigroup paid $75 million to settle the lawsuit. In October 2007, Citigroup purchased Nikko Cordial Corporation. Citigroup Global Markets, Inc. Citigroup Global Markets, Inc. United States C Corporation No tags have been applied so far. Then on the board of directors of Citigroup, Rubin and Charles Prince were said to be influential in pushing the company towards MBS and CDOs in the subprime mortgage market. The company started trading on 21 October 1983. Broker Details Market Specialization Real Estate OTC Metals Interest Rates Foreign Exchange The Directors present their strategic report on Citigroup Global Markets Limited (CGML or the Company) on a standalone basis for the year ended 31 December 2021. [249] As of 2008, Citigroup was the 16th largest political campaign contributor in the US, out of all organizations, according to OpenSecrets. This page was last edited on 18 January 2023, at 09:21. Citigroup agreed to try to modify mortgages, using standards set up by the FDIC after the collapse of IndyMac Bank, with the goal of keeping as many homeowners as possible in their houses. This list only contains chairmen since the formation of Citigroup in 1998; for a full list of chairmen including Citigroup's predecessors, please see List of chairmen of Citigroup. CITIGROUP GLOBAL MARKETS INC. was registered on Sep 25 1998 as a foreign profit corporation type with the address 388 GREENWICH ST, NEW YORK, NY, 10013, USA. The Commodity Futures Trading Commission (Commission) requires each futures commission merchant (FCM), including Citigroup Global Markets Inc. (CGMI), to provide the following information to a customer prior to the time the customer first enters into an account agreement with the FCM or deposits money or . The company id for this entity is 13958500. Chief Executive Officer, North America & Citibank N.A. Extensive experience of managing market risk. Personal Bank. economy."[103][104][105][106]. Chief Executive Officer | Legacy Franchises. For other uses, see, Ownership of Salomon Brothers (19972003), Merger of Citicorp and Travelers (19982001), Collapse and US government intervention (2008), Return to profitability, denationalization (2010), Expansion of retail banking operations (2011), Expansion of credit card operations (2011), Chinese investment banking joint venture (2012), Spin-off of Napier Park Global Capital (2013), Downsizing of consumer banking unit (2014), Combination of Markets & Securities Services (2019), Shrinking of consumer banking unit (20212022), Involvement in controlling the sale of guns, Regulatory action, lawsuits, and arbitration, Enron, WorldCom, and Global Crossing bankruptcies, Conflicts of interest on investment research, Citigroup proprietary government bond trading scandal of 2004, Accusations of futures market manipulation. Stanford Univ. Sponsored Learn More D&B Reports Available for Citigroup Global Markets Inc. Network Visualizer Advertisements 21/10/1983 (39 years and 1 months old) WEBSITE. Now, Two New Ideas on How Banks Can Limit Gun Sales", "Citigroup closes on $1.8B buy of Tribeca HQ from SL Green", "Mets and the Citi: $400 million for stadium-naming rights irks some", "How Citibank Made South Dakota the Top State in the U.S. for Business", "Dignitaries break ground on new Citibank campus in Sioux Falls", "NASD Fines Citigroup Global Markets, American Express and Chase Investment Services More Than $21 million for Improper Sales of Class B and C Shares of Mutual Funds", "Citigroup Global Markets to Pay Over $15 million to Settle Charges Relating to Misleading Documents and Inadequate Disclosure in Retirement Seminars, Meetings for BellSouth Employees", "Citigroup in $590 Million Settlement of Subprime Lawsuit", "Citi ordered by panel to pay investors $54 million", "Citigroup to settle MBS suit for $24.9 million", "Complaint, United States of America ex rel Sherry A. Address: Otemachi Park Building, 1-1-1 Otemachi, Chiyoda-ku, Tokyo 100-8132 Map. The bank's PAC had been nearly as generous to Democrats as Republicans $30,000 to the Democratic Congressional Campaign Committee (the maximum) and $10,000 to the 'New Democrat Coalition', a group of moderate Democrats most of whom voted for the 2015 spending package. [192], In July 2010, Citigroup agreed to pay $75 million to settle civil charges that it misled investors over potential losses from high-risk mortgages. [226], Citigroup was criticized for disrupting the European bond market by rapidly selling 11billion worth of bonds on August 2, 2004, on the MTS Group trading platform, driving down the price and then buying it back at cheaper prices.[227]. Citigroup Global Markets Ltd - Company Profile and News - Bloomberg Markets Bloomberg Terminal Demo Request Bloomberg Connecting decision makers to a dynamic network of information,. New York, New York 10013 . Citigroup was criticized for failing to adequately supervise its traders and for not having systems in place to detect spoofing, which involves entering fake orders designed to fool others into thinking prices are poised to rise or fall. Citigroup is the third largest banking institution in the United States; alongside JPMorgan Chase, Bank of America, and Wells Fargo, it is one of the Big Four banking institutions of the United States. The regulators suspended sales operations within Citibank's retail banking for a month. CITIGROUP.COM. United States Consumer Financial Protection Bureau, Office of the Comptroller of the Currency, Dodd-Frank Wall Street Reform and Consumer Protection Act, California Public Employees' Retirement System, Democratic Congressional Campaign Committee, "Citi | Europe, Middle East & Africa | Poland", "Citi | North America | United States (USA)", "Citi | Europe, Middle East & Africa | Bahrain", "Citi | Asia Pacific | China, People's Republic of", "Citi | Europe, Middle East & Africa | United Kingdom", "About Our Private Banking Services - Citi Private Bank", "Citi | Europe, Middle East & Africa | Russia", "Citi | Europe, Middle East & Africa | Uganda", "Citi | Europe, Middle East & Africa | United Arab Emirates", "Citicorp and Travelers Plan to Merge in Record $70 billion Deal", "Citigroup's 52,000 layoffs dupa will impact IT", "Citi to Provide Trustee and Fund Administration Services to Sun Life's First ESG Fund in Hong Kong", "Citigroup CEO Michael Corbat to Retire in February, Jane Fraser Named Successor", "Citi's Institutional Clients Group: About Us", "Citigroup ICG: Corporate and Investment Banking", "Citigroup: Markets & Securities Services", "Citigroup: Treasury and Trade Solutions", "Global Financial Institution & Corporate Banking Services", "Citibank Launches Citigold Select for High Net Worth Clients", "Citi seeks its next act in wealth management", "Citigroup:Consumer Businesses: Credit Cards", "Citicorp and Travelers Plan to Merge in Record $70 Billion Deal: A New No. Found 6 colleagues at Citigroup Global Markets Inc. The subsequent investigation revealed that the Consumer Lending Group had suffered a breakdown of internal controls since 2005. By December 2010, Citigroup repaid the emergency aid in full and the U.S. government had made a $12 billion profit on its investment in the company. Shareholder Support Rating. Key Principal: ROBERT MALONEY See more contacts Industry: Investment advice Printer Friendly View Address: 53 State St Ste 39 Boston, MA, 02109-3001 United States See other locations Phone: Website: www.citigroup.com Employees (this site): Actual ESG ranking: ESG industry average: What is D&B's ESG Ranking? [144], By June 2012, the year of Citi's 200th anniversary, Citigroup had built up $420 billion in surplus cash reserves and government securities. [199] The settlement, known as the National Mortgage Settlement (NMS), required the servicers to provide about $26 billion in relief to distressed homeowners and in-direct payments to the states and the federal government. [189], In 2004, Japanese regulators took action against Citibank Japan loaning to a customer involved in stock manipulation. Wealth . Main Business: Investment Banking, Sales & Trading, Research. Obliged", "Citigroup picks veteran to replace Pandit as CEO", "Citibank Bows to Trend, Cuts Credit Card Rate", "South Dakota: Credit Card Haven or the Cayman Islands for Banks? The lawsuit was initially brought by Sherry Hunt, a CitiMortgage employee.[197][198]. Operator: Hello and welcome to Citi's Fourth Quarter 2022 Earnings Review with the Chief Executive Officer, Jane Fraser; and Chief Financial Officer, Mark Mason. On April 6, 1998, the merger between Citicorp and Travelers Group was announced to the world, creating a $140 billion firm with assets of almost $700 billion. [214][215] In 2008, Citi also agreed to pay $1.66 billion to Enron creditors. Citigroup Global Markets (CGM), the capital markets and investment banking arm of banking giant Citigroup, was created in 2003 from the remnants of scandal-ridden brokerage Salomon Smith Barney the group had purchased nearly a decade earlier. Leadership. Compared . In spite of divesting Travelers Insurance, Citigroup retained Travelers' signature red umbrella logo as its own until February 2007, when Citigroup agreed to sell the logo back to St. Paul Travelers,[93] which renamed itself Travelers Companies. D&B Business Directory HOME The same day on Wall Street markets responded, with shares falling and dropping the company's market capitalization to $6 billion, down from $300 billion two years prior. Nikko Citigroup is a member of the Tokyo Stock Exchange, Osaka Stock Exchange, Nagoya Stock Exchange and JASDAQ. [211] Citigroup was accused of issuing exaggerated research reports and not disclosing conflicts of interest. He's rough on the edges. Purchase Lets Citibank Expand Long Island Presence", "Citi Swallows EAB Sandy Takes On J.P. Morgan Chase in NY", "Citigroup to Buy European American Bank in Bid to Increase N.Y. Market Share", "Citigroup to Buy Mexican Bank In a Deal Valued at $12.5 Billion", "Citigroup to Spin Off Travelers Insurance", "Travelers Group, Form 8-K, Current Report, Filing Date", "Citigroup Saw No Red Flags Even as It Made Bolder Bets", "Citi mulls cutting work force by 5 to 10 percent: report", "U.S. Agrees to Rescue Struggling Citigroup", "FRB: Press Release-Joint statement by Treasury, Federal Reserve, and the FDIC on Citigroup", "Citigroup gets massive government bailout", "Citi's Corbat Has Parting Words: 'Banking Is Quickly Changing', "U.S. Approves Plan to Help Citigroup Weather Losses", "Wall Street Compensation'No Clear Rhyme or Reason", "The Special Master's Determinations for Executive Compensation of Companies Receiving Exceptional Assistance Under TARP", "Citi private bank targets doubled growth", "Citi to Reorganize into Two Operating Units to Maximize Value of Core Franchise", "Citigroup Reports Big Loss and a Breakup Plan", "U.S. Plans $500,000 Cap on Executive Pay in Bailouts", "U.S. exits Citigroup stake and earns $12 billion profit", "Citi CEO Pandit's salary soars to $1.75 million from $1", "Travelers, Cisco Replace Citi, GM in Dow", "Citigroup, Morgan Stanley Agree to Merge Brokerages", "Morgan Stanley Completes Purchase of Smith Barney Venture", "Pandit Missed Out on a Sweeter Smith Barney Deal", "Government sells remaining shares in Citigroup; investment to net $12 billion total profit for taxpayers", "U.S. gave up billions in tax money in deal for Citigroup's bailout repayment", "Citibank Opens Full-Service, Smart Banking Consumer Outlet at Chongqing Airport", "Citibank Japan Ltd. Citigroup Global Markets Inc. September 12, 2003 Mr. Jonathan G. Katz, Secretary Securities and Exchange Commission 450 5 th Street, NW Washington, DC 20549 Re: SR-BSE-2002-15 and amendments thereto. And it was certainly not written to prevent the government from selling its shares for a profit. [177], In January 2022, Citi further announced its plan to exit consumer banking in Mexico, as well as small-business and middle-market banking operations. The new company took the Primerica name, and employed a "cross-selling" strategy such that each of the entities within the parent company aimed to sell each other's services. In 2014, Citigroup agreed to pay $7 billion to resolve claims it misled investors about shoddy mortgage-backed securities in the run-up to the financial crisis. With over 800 offices worldwide, Smith Barney held 9.6 million domestic client accounts, representing $1.562 trillion in client assets worldwide. Many of the mortgages were not only defective but were a result of mortgage fraud. [citation needed] It became the first contributor to the Federal Reserve Bank of New York in 1913, and the following year it inaugurated the first overseas branch of a U.S. bank in Buenos Aires,[55] although the bank had been active in plantation economies, such as the Cuban sugar industry, since the mid-19th century. Citigroup Global Markets Inc. has been operating for 24 years 0 months, and 2 days. 01763297. [145] As of March 31, 2012, Citi had a Tier 1 capital ratio of 12.4%. Citigroup is the holding company for the following divisions: Citigroup Global Markets, Inc., Citigroup Global Markets Limited (UK), and Citigroup Global Markets Japan - broker-dealers, including one of 24 primary dealers in United States Treasury securities.. Citi's Institutional Clients Group (ICG) offers investment and corporate banking services and products for companies, governments . [146] This was a result of selling more than $500 billion of its special assets placed in Citi Holdings, which were guaranteed from losses by the US Treasury while under federal majority ownership. 390 GREENWICH STREET, NEW YORK, NY 10013 . After. Citigroup Global Markets Inc is legally known as CITIGROUP GLOBAL MARKETS INC.. both powered by and consumed by the wealthy;[228][229][230][231] Smith Barney, Citi's global private wealth management unit, provided brokerage, investment banking and asset management services to corporations, governments and individuals around the world. New York, New York 10019 . The operations sold include 27 branches serving approximately 250,000 clients. Chief Executive Officer | Personal Banking & Wealth Management, Executive Vice President | Enterprise Services and Public Affairs, Head of Enterprise Infrastructure Operations & Technology, Chief Executive Officer | Institutional Clients Group, Former President and CEO, BMO Financial Corporation | Former U.S. Country Head, BMO Financial Group, Former Senior Deputy Comptroller for Bank Supervision Policy and Chief National Bank Examiner, Office of the Comptroller of the Currency (OCC). Ajay Kapur, Niall Macleod, and Narendra Singh (2005): "Plutonomy: Buying Luxury, Explaining Global Imbalances". Chairman of the Board of Directors . Please be advised that this site is not optimized for use with Microsoft Internet Explorer 6. We have audited the accompanying consolidated statement of financial condition of Citigroup Global Markets Inc. and subsidiaries (the Company) as of December 31, 2021, and the related notes (collectively, the "[107] The bailout called for the government to back about $306 billion in loans and securities and directly invest about $20 billion in the company. [97] Even after securities and brokerage firm Bear Stearns ran into serious trouble in summer 2007, Citigroup decided the possibility of trouble with its CDOs was so tiny (less than 1/100 of 1%) that they excluded them from their risk analysis. ", "The effect of own and spousal parental leave on earnings", El Pas: Citi traslada a Madrid su ncleo de banca privada del sur de Europa por el Brexit - Pablo Martn Simn, 16 March 2020, "Wall Street's Omnibus Triumph, and Others", "Mayor Bloomberg deputy Edward Skyler says so long to City Hall", "Another Exit From Bloomberg's Inner Circle", "Citigroup Sets Restrictions on Gun Sales by Business Partners", "Citi Foundation to Provide $15 Million to Support COVID-19 Related Relief Efforts Globally", "25 People to Blame for the Financial Crisis", "Citigroup chief stays bullish on buy-outs", "Citigroup chief compliance officer Mark Carawan retires", https://en.wikipedia.org/w/index.php?title=Citigroup&oldid=1134364968, Acciones y Valores de Mxico (Acciones y Valores Banamex, Casa de Bolsa Integrante del Grupo Financiero Banamex), Citigroup Global Markets, Inc., Citigroup Global Markets Limited (UK), and. [110][111][112], According to New York Attorney General Andrew Cuomo, Citigroup paid hundreds of millions of dollars in bonuses to more than 1,038 of its employees after it had received its $45 billion TARP funds in late 2008. [22][51] The history of the company is divided into several firms that eventually amalgamated into Citicorp, a multinational banking corporation operating in more than 100 countries; or Travelers Group, whose businesses covered credit services, consumer finance, brokerage, and insurance. Citigroup also decided to adopt the corporate brand "Citi" for itself and virtually all its subsidiaries, except Primerica and Banamex. [171] It also announced that some lower paid employees would receive a one-off payment of US$1,000 to help them through the crisis. Select from premium Citigroup Global Markets Inc Managing Director Ed Morse Interview of the highest quality. It consists of several business entities including remaining interests in local consumer lending such as OneMain Financial, divestitures such as Smith Barney, and a special asset pool. The entity's status is . [176], In April 2021, Citi announced it would exit its consumer banking operations in 13 markets, including Australia, Bahrain, China, India, Indonesia, South Korea, Malaysia, the Philippines, Poland, Russia, Taiwan, Thailand and Vietnam. The company id for this entity is K835434. "[201], In July 2015, Citigroup was fined $70 million by the United States Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency, and ordered to pay $700 million to customers. Operations Solutions is undergoing one of the most dramatic and rapid infrastructure transformations in the Finance Industry. Oklahoma held out and agreed to settle with the banks separately. [253] Citigroup's 2014 donations favored Republicans only slightly. [225], In December 2002, Citigroup paid fines totaling $400million, to states and the federal government as part of a settlement involving charges that ten banks, including Citigroup, deceived investors with biased research. The company provides investment banking services to corporate, institutional, government, and retail clients. Citi opened additional branches in China, expanding its branch presence to 13 cities in China. Citigroup is a multinational financial services corporation with a presence in over 160 countries and territories around the world. Charges for CITIGROUP GLOBAL MARKETS LIMITED (01763297) More for CITIGROUP GLOBAL MARKETS LIMITED (01763297) Registered office address Citigroup Centre, Canada Square, Canary Wharf, London, E14 5LB . Dear Sirs, Without cookies, the site won't function as expected . On November 17, 2008, Citigroup announced plans for about 52,000 new job cuts, on top of 23,000 cuts already made during 2008 in a huge job cull resulting from four quarters of consecutive losses and reports that it was unlikely to be in profit again before 2010. [53] The company's name was changed to The National City Bank of New York in 1865 after it joined the new U.S. national banking system,[53] and it became the largest American bank by 1895. Former, President and Group Chief Executive Officer, Nordea Bank Abp, Former Superintendent of Banks, State of New York, Compensation, Performace Management and Culture Committee, Nomination, Governance and Public Affairs Committee, Former Assistant Secretary for Intelligence and Analysis, U.S. Department of the Treasury, and National Intelligence Manager for Threat Finance, Office of the Director of National Intelligence. The professional industries of the organization Citigroup Global Markets Inc are Security Broker/Dealer, Security Brokers & Dealers, Financial Advisor. We know information about 6 employees who work here. [117] Citi Holdings consists of Citi businesses that Citi wants to sell and are not considered part of Citi's core businesses. Announces Opening of First Smart Banking Branches in Citi's Global Network", "Citi gets approval to issue credit cards in China", "Citi Ties up With Chinese Stock Brokerage to Form Citi Orient Securities", "Citigroup, other big US banks flunk 'stress tests', "Stress Tests: Official Statements From Banks", "Citi among banks that fail Fed stress test", "The Feds Stress Test Summary Results and Implications", "Taking the Measure of Citigroup and Bank of America", "Citigroup Reports First Quarter 2012 Earnings per Share of $0.95 $1.11 Excluding the Impact of Negative CVA/DVA and a Net Gain on Minority Investments", "Citi Replaces Das with Fraser in Possible Sign of Mortgage Push", "Comprehensive Capital Analysis and Review 2014: Assessment Framework and Results", "Failing Stress Test Is Another Stumble for Citigroup", "Federal Reserve releases results of Comprehensive Capital Analysis and Review (CCAR)", "Citi passes Fed stress test but BofA gets an incomplete", "Citigroup Faces Fraud Suit Claiming $1.1 Billion in Losses", "Citigroup Plans to Eliminate Shrinking Citi Holdings Unit", "Citigroup More Than Triples Its Dividend After Passing Stress Test", "Citigroup Said to Give CCA Managers 75% Fund Stake for Free", "A Citi Hedge Fund Business Prepares for Life on Its Own", "Napier Park Global Capital completes spinout from Citigroup", "Citigroup spins off alternative asset management arm", "Napier Park Global Capital Completes Spinout from Citigroup", "Citigroup to Exit Consumer Banking in 11 Markets", "Citi pulls out of consumer banking in 11 countries, profit jumps", "Citigroup selling retail online FX trading platform to FXCM, Saxo Bank", "Citigroup Names James Bindler Currencies Chief", "Springleaf Financial to Acquire OneMain Financial", "Springleaf Holdings Announces Closing of OneMain Acquisition and Ticker Symbol Change", "Scotiabank Closes Deal to Acquire Citigroup's Retail and Commercial Banking Operations in Panama and Costa Rica", "Costco names Citi, Visa as new credit card partners after AmEx deal ends", "Citigroup's 'Living Will' Passes Muster but Offers Few Insights", "Here's what Citi is doing for coronavirus assistance", "Citigroup is giving some employees a $1,000 bonus for working through the coronavirus pandemic", "Citi Singapore employees to receive $1,200 cash in April as Covid-19 aid", "Citi's $900 Million Revlon Gaffe Risks Getting Even More Painful", "Citigroup fined $400m over internal controls 'deficiencies', "Citi combines its stock trading and prime brokerage business", "Citigroup is closing its consumer banking operations in 13 markets across Asia, Europe and the Middle East", "Citi to exit Mexican consumer business as part of strategy revamp", "Citigroup says total Russian exposure nearly $10 billion", "Citigroup Acted. [131] Late in 2010, the government sold its remaining stock holding in the company, yielding an overall net profit to taxpayers of $12 billion. [22][23] Citigroup owns Citicorp, the holding company for Citibank, as well as several international subsidiaries. The remaining provisions of the GlassSteagall Actenacted following the Great Depressionforbade banks to merge with insurance underwriters, and meant Citigroup had between two and five years to divest any prohibited assets. CITIGROUP GLOBAL MARKETS INC. was registered on Sep 28 1998 as a foreign profit corporation type with the address 388 Greenwich Street, New York, NY, 10013, USA . Citi received the largest amount of TARP funding, "a larger bailout than any other U.S. [255] Before Skyler was named and before he began his job search, the company reportedly held discussions with three other individuals to fill the position: NY Deputy Mayor Kevin Sheekey, Mayor Michael Bloomberg's "political guru [who] spearheaded his short-lived flirtation with a presidential run, who will soon leave City Hall for a position at the mayor's company, Bloomberg L.P. After Mr. Bloomberg's improbable victory in the 2001 mayor's race, both Mr. Skyler and Mr. Sheekey followed him from his company to City Hall. . [137], In 2012, the Global Markets division and Orient Securities formed Citi Orient Securities, a Shanghai-based equity and debt brokerage operating in the Chinese market. Citi strives to create the best outcomes for our clients and customers with financial solutions that are simple, creative and responsible. [132] A special IRS tax exception given to Citi allowed the US Treasury to sell its shares at a profit, while it still owned Citigroup shares, which eventually netted $12 billion. 162 members of the House, including 72 Democrats, where donations averaged about $5,000 per candidate. Anglo-American (viz. [190], On March 23, 2005, the National Association of Securities Dealers, the former name of the American self-regulatory organization for broker-dealers, now known as the Financial Industry Regulatory Authority (FInRA) announced total fines of $21.25 million against Citigroup Global Markets, Inc., American Express Financial Advisors and Chase Investment Services regarding suitability and supervisory violations of their mutual fund sales practices between January 2002 and July 2003. As Representatives of the several Underwriters named in Schedule I hereto, c/o BNP Paribas Securities Corp. 787 Seventh Avenue . Citi Holdings represents $156 billion of GAAP assets, or ~8% of Citigroup; 59% represents North American mortgages, 18% operating businesses, 13% special asset pool, and 10% categorized as other. CITIGROUP GLOBAL MARKETS LIMITED Company number 01763297 Follow this company File for this company Overview Filing history People Charges More Officers Persons with significant control Filter. The "New York" was dropped in 1962 on the 150th anniversary of the company's foundation. Hohlt responded that though mistakes were made in the earlier episode he'd never been investigated by any government agency and his experience gave him a reason to be back in the "operating room" as parties address the more recent crisis. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002. The agent name of this company is: C T CORPORATION SYSTEM , and company's status is listed as Active now. Issuer: Citigroup Global Markets Holdings Inc. Debt Level: senior unsecured Issue: senior unsecured commercial paper 19-Sep-2022 F1 Affirmed Short Term Rating Rating History Country: United States Sectors: Banks Disclosures: EU Endorsed, UK Endorsed; Solicited by or on behalf of the issuer (sell side) senior unsecured; commercial paper