Word: citibank
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...July, Citigroup, whose Citibank is the largest issuer, said it would settle a class action accusing two Citi-owned banks of declaring many payments late and assessing late charges even if they were received on the due date. The bank pleaded innocent, but to avoid litigation, it is shelling out a $45 million settlement, $18 million of which will go to cardholders who file claims...
That direction led to UrbanAmerica, the first real estate investment company to focus on distressed urban areas, a market sinfully ignored by most moneymen. Founded by McCoy in 1998, with backing by New York's Utendahl Capital Partners, the new company persuaded major banks like J.P. Morgan and Citibank to sign on as limited partners. "Demonstrating to them that they could invest institutional money in ethnic markets, receive a nice return and do some good along the way--that was a challenge," says McCoy. It helped that he was offering not only a profitable opportunity but also...
...CHECKING Looking to open a new checking account? Forget the local Citibank; the best deals are online. Thanks to lower overhead costs, online banks are clamoring for customers. They offer better rates, lower minimum balances and rock-bottom service fees. The bonus: most will reimburse a portion of monthly ATM withdrawal fees...
...know anything about a person until they actually contact us," says Lewis Cohen, who is the head of database marketing for Citibank...
...Citibank's Cohen says that of all the credit card solicitations that Citibank sends out to college students, less than 1percent engender any sort of response--and only half of the students who respond actually sign up for a credit card...