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This page was last edited on 16 February 2024, at 23:03 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services company based in New York City. The company was formed in 1998 by the merger of Citicorp, the bank holding company for Citibank , and Travelers ; Travelers was spun off from the company in 2002.
Citibank, N.A. ("N. A." stands for "National Association"; stylized as citibank) is the primary U.S. banking subsidiary of Citigroup, a financial services multinational corporation. [2] Citibank was founded in 1812 as City Bank of New York , and later became First National City Bank of New York . [ 3 ]
In April 1998, the Travelers Group merged with Citicorp to form Citigroup. [14] However, the synergies between the banking and insurance arms of the company did not work as well as planned, so Citigroup spun off Travelers Property and Casualty into a subsidiary company in 2002, [18] although it kept the red umbrella logo.
In 1989, Exxon announced that it was moving its headquarters and around 300 employees from New York City to the Las Colinas area of Irving, Texas. Exxon sold the Exxon Building, its former headquarters, to a unit of Mitsui Real Estate Development Co. Ltd. in 1986 for $610 million. John Walsh, president of Exxon subsidiary Friendswood ...
Las Colinas Blvd. Houses on Camino Lago, Las Colinas With 25,000,000 sq ft (2,300,000 m 2) of office space, nearly equivalent to the Dallas CBD, [citation needed] Las Colinas is home to more than 2,000 companies, including the Fortune 500 global headquarters for Caterpillar Inc., [1] Commercial Metals, ExxonMobil, Fluor, Celanese and Kimberly-Clark.
Irving began in 1889 as an area called Gorbit, and in 1894 the name changed to Kit. [13] Irving was incorporated April 14, 1914, with Otis Brown as the first mayor. By the late nineteenth century the Irving area was the site of churches, two cotton gins, a blacksmith shop and a general store.
March 2015 Court Square Capital acquired Research Now. [1]Court Square currently manages approximately $8.2 billion of investor commitments. The firm's predecessor Citicorp Venture Capital Equity Partners traces its roots to 1968 with the founding of Citi
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