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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 ]
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.
The Citigroup Center is at 601 Lexington Avenue in the Midtown Manhattan neighborhood of New York City. [4] [3] It takes up the majority of a city block bounded by Lexington Avenue to the west, 54th Street to the north, Third Avenue to the east, and 53rd Street to the south. [5]
Citi’s Fraser said the bank was increasing its dividends by 6% as a result of the excess buffer. The Morgan Stanley report out today further elaborates on the impact of that extra cushion.
In December 2007, 388 Greenwich Street and 390 Greenwich Street were sold by Citigroup in order to reduce real estate exposure on its balance sheet. The complex was acquired by a joint venture consisting of SL Green Realty and SITQ for US$1.58 billion. [4]
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One Court Square was designed by Raúl de Armas of Skidmore, Owings and Merrill and is owned by Savanna. [1] [2] The building has a green-tinted glass-wrapped facade, and rises a height of 673 feet (205 m) and 50 stories above ground.
Citibank Canada, operating as Citi Canada, is the Canadian subsidiary of the American multinational financial services corporation Citigroup. Citi Canada is headquartered in Toronto, Ontario , with offices in Calgary , London, Ontario , Montreal , Mississauga , and Vancouver .