All Posts Tagged With: "citi"

post thumbnail

No Rewards for Citigroup (NYSE: C) Investors

CEO of Citigroup (NYSE: C), Vikram Pandit stated, “We’ve been very clear we think 2012 is the year to look forward to. It’s important…that we meet all the Basel (capital requirements) and we meet them in full force, and use that as a platform to start returning capital to our shareholders.” He told CNBC that [...]
post thumbnail

Citigroup (NYSE: C) Plans to Target Europe’s Wealthy Citizens

Citigroup (NYSE: C) is continuing to plan a different marketing strategy in Europe. As a result of its bail out by the United States Government Citigroup was forced to close its operations in the UK, Spain, Greece and Belgium. Citigroup has a lot to do to regain its position in the market place. A banker [...]
post thumbnail

Citigroup (NYSE: C) and Wells Fargo (NYSE: WFC) Settle Dispute over Wachovia

Wells Fargo (NYSE: WFC) has agreed to pay $100 million to Citigroup Inc. (NYSE: C)as a result of a court decision in New York. The dispute between Citigroup and Wells Fargo was over Wells Fargo’s acquisition of the 227 year old Wachovia bank in 2008. Wachovia is a North Carolina based bank. Poor real estate [...]
post thumbnail

Citi (NYSE: C) to Launch Updated Credit Card

Citibank (NYSE: C)is a bank in the vanguard with credit card technology. A number of Citi cardholders, will be given access to an updated credit card during November 2010. This is the beginning of a marketing promotion to provide bank credit card holders with a more flexible service. Customer feedback from this selected group will [...]
post thumbnail

Citi To Help Rebuild New York City Public Housing (NYSE: C)

There are 21 public housing projects that have been on hold in New York City due to lack of funding through the New York City Housing Authority. City officials claim that the housing authority “has been ‘hemorrhaging’ about $1 billion over ten years” making it difficult to keep up with much needed renovations. To get [...]
post thumbnail

Earn Rewards Points with Prepaid Credit Cards

If you’re the type of person to use prepaid credit cards instead of a traditional credit card (whether it’s due to a less than perfect credit history or because you want to avoid temptation to overspend), you might be happy to discover that Citi is now offering their ThankYou Network rewards program as part of [...]