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The deal established the firm's retail banking presence in Texas, giving Citibank over 100 branches, $3.5 billion in assets and approximately 120,000 customers in the state. [54] In 2006, the bank entered the Philadelphia market, opening 23 branches in the metropolitan area. In 2013, Citibank closed these locations for "efficiency-driven ...
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.
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On 6 August 2001, Citigroup Inc. acquired Grupo Financiero Banamex-Accival for US$12.5 billion, which became Grupo Financiero Banamex. [10] This was the largest-ever U.S.-Mexico corporate merger. Grupo Financiero Banamex's operations were integrated with Citibank's relatively small existing Mexico business under the Banamex brand name. [3]
Citigroup then leased its headquarters from Boston Properties through 2017. After the September 11 attacks damaged much of their headquarters at Brookfield Place , Lehman Brothers leased 400,000 square feet (37,000 m 2 ) in the building until their 2008 bankruptcy . [ 4 ]
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Two CEFX switching locomotives Logo of CIT Bank Salmon Tower Building: CIT Group's Headquarters in New York City. CIT Group (CIT), a subsidiary of First Citizens BancShares, is an American financial services company.
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