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22 unusual facts about CitiBank


CBNA

Citibank National Association, a bank headquartered in New York City, United States, backing a lot of store credit cards

Citibank

Political cartoonist Michel Kichka satirized Citibank in his 1982 poster "And I Love New York." The lettering above the entrance to a New York City branch read "Citibang." Meanwhile, a stocking-wearing bank robber exits and fires shots at NYPD officers responding to the robbery.

In August 2004, Citibank entered the Texas market with the purchase of First American Bank of Bryan, Texas.

In 1952, James Stillman Rockefeller was elected president and then chairman in 1959, serving until 1967.

Elcom Credit Union

It has several agreements with organisations that offer benefits to its members such as those with Allianz, Swann Insurance, Auto Advantage, Bridges Finance, Travelex, Citibank and the National Australia Bank as well as other benefits to those with a 'Masters Account' that is available to those over 55.

Electronic Life

The computer crime entry, for example, is three pages long and contains only four hard facts—specifically, that institutions were then losing $5 billion to $30 billion a year on computer crime, that Citibank processed $30 billion a day in customer transactions using computers, that American banks as a whole were moving $400 billion a year in the U.S., and that the Stanford public key code (not otherwise described) had been broken in 1982.

Five Boro Bike Tour

From 1979 to 1990, Citibank was the primary sponsor of the event after one of its executives saw the ride.

Gérard Soisson

Whereas Soisson had refused numerous requests to open non-published accounts from such institutions as Chase Manhattan in New York, Chemical Bank of London and numerous subsidiaries of Citibank, Cedel opened hundreds of non-published accounts — all of them irregular — especially after the arrival of CEO André Lussi in 1990.

H. Joel Deckard

Deckard ultimately moved to Florida, where he became a computer technical specialist for Citibank in Tallahassee.

History of Sioux Falls, South Dakota

In 1981, Citibank transferred its credit card operations from New York to Sioux Falls to take advantage of recently relaxed state usury laws.

Individual reclamation

In the 20th century, Lucio Urtubia, a Spanish practitioner of individual reclamation, stole millions from Citibank by forging traveler's checks.

Jawaharlal Nehru Road

Some buildings from a later period include the "Kanak Building" (now housing offices of Citibank and Standered Chartered Bank) at the junction of Middleton Street, "Virginia House" (housing the headquarters of ITC) and the New Market Watch Tower building.

John B. Hightower

From 1957 to 1961 he was in an executive training program at First National City Bank.

Marvi Memon

Being well-versed in marketing and quality management, Marvi served at Citibank a multinational banking sector in Pakistan.

Marvi is a graduate from London School of Economics, she worked at Citibank and Pakistan Television Corporation before helping with the launch of an entrepreneurial venture, Trekker – Pakistan’s largest vehicle tracking service provider.

Nagatachō, Tokyo

A number of foreign firms have their Japanese offices in Nagatachō, including Baker & McKenzie, Citibank, and Dow Jones.

Oscar Moreno

He started as a trial attorney at the Philippine National Railways and later became the corporate legal counsel of major financial institutions in the country such as the Far East Bank and Trust Company, Ayala Investment and Development Corporation, Ayala International Finance Ltd. (Hong Kong), Bank of the Philippines Islands, Citibank, Ayala Life Assurance, Inc. and FGU Insurance Corporation.

Outsourcing

In April 2005, a high-profile case involving the theft of $350,000 from four Citibank customers occurred when call-center workers acquired the passwords to customer accounts and transferred the money to their own accounts opened under fictitious names.

Samuel Osgood

In 1812, he was elected the first president of the newly formed City Bank of New York, which later became Citibank, predecessor of today's Citigroup.

Smiley v. Citibank

Barbara Smiley, a California woman who had filed a class action against Citibank's South Dakota subsidiary in her state's courts in 1992 alleging that the $15 late fee she was charged for her Citibank Classic card violated California law.

"It's a big victory for the 97 percent or so of cardholders who pay their bills on time," said a Citibank spokeswoman.

In 1980, Citibank took advantage of that decision and moved its money-losing credit-card operations to South Dakota, after persuading that state's legislature and governor to repeal its anti-usury law.


Bpeace

Bpeace's primary donors include grassroots support members who pay dues, family foundations, and corporations such as Citibank and Microsoft.

César Augusto Blanco-Gramajo

Prior to joining Kelloggs, Blanco-Gramajo worked in various roles for both the Bank of America and Citibank.

Citibank Vietnam

Citibank was the first US financial institution to receive a branch license and the first US bank to open a full branch in Hanoi in 1994, followed by another in Ho Chi Minh City in 1998.

Citibusiness Singapore

Citibank Business Singapore has 11 branches, namely at AMK Hub, Orchard Road, Paragon Citigold Centre, Parkway Parade, Bishan, Capital Square, Cuscaden Road, Esplanade, Vivocity, Great World City and Jurong East.

Districts of La Paz

It has benefited from steady economic growth and is now the second commercial and financial center of the city, housing international firms like Moody's, Citibank, Aon Corporation, Huawei, Millicom International Cellular, Pan American Silver Corporation, a Sumitomo Corporation branch, Ernst & Young, and the "MegaCenter", Bolivia's biggest shopping mall (52.000 mts2 of construction).

Economy of Chittagong

All major banks like HSBC, Standard Chartered, Citibank, Mercantile Bank Limited, Premier Bank Limited, Dutch Bangla Bank, BRAC Bank, Dhaka Bank Limited, Bangladesh Bank, Eastern Bank, Sonali Bank, Rupali Bank and all other banks operating in Bangladesh have offices in and around the city.

Economy of Istanbul

Levent and Maslak financial districts are home to the headquarters of Turkey's largest companies and banks, as well as the local headquarters of global giants of the financial sector such as Citibank, Merrill Lynch, J. P. Morgan, HSBC, ABN Amro, Fortis, ING Bank, BNP Paribas, Société Générale, Banca di Roma, UniCredit, WestLB, Deutsche Bank, Commerzbank, and many others.

Heleen Mees

In July of 2013, Mees was arrested in New York on charges of stalking the head economist of Citibank, the also Dutch-born Willem Buiter.

Henry B. R. Brown

After graduating from college he worked for Chemical Bank in the early 1950s and later worked for a company that would later become part of Citibank.

Ibrahim Ismail Chundrigar Road

Most of the headquarters of Pakistan's financial institutions are located on the I. I. Chundrigar Road, including the State Bank of Pakistan which is Pakistan's central bank, major Banks like Habib Bank Plaza, MCB Tower, National Bank of Pakistan, Bank Al-Falah, Standard Chartered Bank, CitiBank, etc.

James A. Stillman

In 1918 his father who was chairman of National City Bank of New York died and the younger Stillman engaged in a fight with Frank A. Vanderlip to control the company.

John Paul Souza

After graduating, Souza started his career in the finance industry, where he held positions at Citibank, JP Morgan Chase, American Skandia and Bank America Capital Management Group.

Maharashtra floods of 2005

ATM networks of several banks, which included the State Bank of India, the nation's largest national bank; ICICI Bank, HDFC Bank, and several foreign banks like Citibank and HSBC, stopped functioning from the afternoon of 26 July 2005 at all the centers of Mumbai.

Merchant account provider

Now, very few banks issue credit cards and the industry is dominated by a few large issuers - Elavon, Citibank, Capital One, MBNA / Bank of America, and Chase.

Myeong-dong

Major insurance, securities, financial services companies, and investment firms with headquarters in Myeongdong include Citibank, SK Corporation, Kookmin Bank, Korea Exchange Bank, Lone Star Funds, Sumitomo Mitsui Banking Corporation, AIG Korea Insurance, Hana Bank, and HSBC.

Ray Heatherton

At this point, he left television for three years and, between 1958 and 1961, drawing on his public recognition and good will he had engendered over the years, was able to launch a new career as head of public relations for Franklin National and European American Banks.

SkyCable

At the time of the merger, SkyCable through Sky Vision Corporation turned its financial facilities and transferred its SkyCard MasterCard accounts to Citibank N. A. and rebranded it to SkyCard-Citibank MasterCard.

Tabnabbing

"It can detect that you're logged into Citibank right now and Citibank has been training you to log into your account every 15 minutes because it logs you out for better security. It's like being hit by the wrong end of the sword.", said Aza Raskin.

Tanya Beckett

Sometime after her work as a chemist, she spent the next four years working as an investment banker for Citibank in London and Commerzbank in Frankfurt, Germany; she resultantly speaks fluent German and French.

Thomas Hamlin Hubbard

From 1904 he was president of the International Banking Corporation (subsequently merged into the company now known as Citibank) and was a director of the American Light and Traction Company, Metropolitan Life Insurance Company, National Bank of Commerce in New York, Toledo, St. Louis and Western Railroad Company, Wabash Railroad Company and the Western Union Telegraph Company.

William Lerach

Lerach was involved in many securities class action and corporate derivative suits in recent years, including Enron, Dynegy, Qwest, WorldCom, Citibank, Drexel Burnham, Tyco, Merrill Lynch, Bank of America, Disney, Goldman Sachs, Credit Suisse First Boston, Global Crossing, AT&T, Hewlett-Packard, Apple Computer, ExxonMobil, R.J. Reynolds, Arthur Andersen, and AOL Time Warner.