Word: citibank
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...last fall, long-graduated protesters won their biggest single victory. Following a policy adopted in the heat of the controversy, Harvard sold more than $50 million in notes and a certificate of deposit after Citibank announced it would join a consortium of banks extending a multimillion dollar line of credit to South Africa...
While diplomatic negotiations to free the hostages were stalemated during much of 1980, U.S. bankers maintained contact with the Iranian government through international law firms. Attorneys from Shearman & Sterling, lawyers for New York's Citibank, regularly held meetings with representatives of Stephenson Harwood, counsel for Bank Markazi. Keeping communications channels open between the two sides helped ease the way for the later settlement...
...same time in London, serious talks were starting. London was an obvious center for part of the negotiations because only its banking community and New York's had the skill and experience to conduct such a huge financial exchange. During the second week of January, Citibank's British lawyers, Coward Chance, invited legal counsel from the other eleven banks to its offices on Aldermanbury Square for a preliminary discussion of recent developments. Then, on Jan. 15, U.S. Negotiator Warren Christopher ordered his jet to stop in London on the way from Washington to Algiers. There it picked...
...Bank of America, Bankers Trust, Chase Manhattan, Chemical Bank, Citibank, Continental Illinois Bank, European American Bank, First National Bank of Chicago, Irving Trust, Manufacturers Hanover Trust, Marine Midland Bank and Morgan Guaranty Trust...
...laws. Said one key congressional banking aide last week: "The chances of these proposals passing are remote. The small bank vs. big bank issue is still controversial." Nonetheless, modern financial and credit needs in the 1980s appear to be an irresistible force for changing banking's old ways. Citibank's blue, compass-like trademark may yet become as familiar a symbol around the U.S. as McDonald's golden arches...