Find the word definition

Crossword clues for citibank

Wiktionary
citibank

n. The service mark under which Citicorp offers banking services.

Wikipedia
Citibank

Citibank is the consumer division of financial services multinational Citigroup. Citibank was founded in 1812 as the City Bank of New York, later First National City Bank of New York. The United States is the largest single market with approximately 26% of branches, generating 51% of revenues. Citibank's 983 North American branches are concentrated in major metropolitan areas including New York City, Chicago, Los Angeles, San Francisco, Washington, D.C., and Miami. Latin America markets make up 25% of revenues, Asia 20%, and Europe / Middle East / Africa 4%.

In addition to standard banking transactions, Citibank markets insurance, credit cards, and investment products. Their online services division is among the most successful in the field, 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 bailed out by aid from the U.S. government. 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, resulting in a net profit for the U.S. government.

Citibank (Hong Kong)
Citibank (China)

Citibank (China) Company Limited was one of the first foreign banks to incorporate locally in mainland China in 2007. The Chinese unit of Citibank has been operating since 1902 and became the first American bank to establish operations in China. An office tower, the Citigroup Tower, in Lujiazui, Shanghai is named after the bank.

The China Banking Regulatory Commission announced on 24 December 2006 its approval for foreign banks to start their preparatory work for setting up local incorporations in mainland China. Citibank was one of nine foreign banks to have applied for the incorporation. Its subsidiary Citibank (China) was founded on 1 April 2007, and it started operations on 2 April.

Citibank (Malaysia)

Citibank Berhad is a licensed commercial bank operating in Malaysia with its headquarters in Jalan Ampang, Kuala Lumpur. Citibank Berhad operates as a subsidiary of Citigroup Holding (Singapore) Private Limited. Commencing its banking operations in Malaysia in 1959, Citibank Berhad was locally incorporated in 1994.

Usage examples of "citibank".

She was outside the Citibank in Silver Spring, Maryland, at a little before eight.

The more I read and thought about the Citibank robbery in Silver Spring, the more troubled and confused I was about the exact sequence of events.

It had taken half of the money from the Citibank job to interest them, but it was worth it.

Agent Cavalierre did know a great deal about bank robberies, including several committed in the Midwest that resembled the Citibank and First Union jobs.

Union, Chase, First Virginia, and Citibank are all connected to us for the time being.

Every week for the past two years, the chairman of Citibank in New York had received an angry, even vicious letter from Petrillo.

A single man planned the Citibank, First Union, First Virginia, and Chase robberies and murders.

I opened the drawers in a small credenza and found more letters written to other companies: Citibank, Chase, First Union Bank, Exxon, Kodak, Bell Atlantic, scores of others.

The medical center down the road, however, got really nice finance terms from Citibank on their revised plans.

None of the bail-out money escapes New York where it lingers to pay interest to US creditors holding the debt, big fish like Citibank and little biters like Steve Hanke.

But in the mid-1990s, the government of Carlos Menem sold these off to Citibank of New York, Fleet Bank of Boston and other foreign operators.

So those other names, on the bills which went through Citibank and Leumi, had to have been put on earlier and the bills recirculated, probably through American-Amazonas too.

All my credit cards, driver's license, Citibank cash card letters, were in my purse in the room at Lame Duck.

There they soon ascertained that the aircraft had been chartered by one Joseph Serov, who'd paid for the charter with a certified check drawn on an account at Citibank that was in his name.

Citibank was vulnerable to a fall in the dollar, but the Europeans had seen to it that the dollar was rising in value, and that made First National City Bank a good issue to pick up on.