Citigroup Gets Creative to Boost Card Use
TheStreet.com - Fri Nov 20, 5:40 pm ETCitigroup is offering rebates on interest rate charges to some of its credit card customers if they meet certain usage minimums.
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Citigroup is offering rebates on interest rate charges to some of its credit card customers if they meet certain usage minimums.
Citigroup stopped dancing to the music of the credit boom shortly after it backed the leveraged buyout of EMI , the British music company, in 2007.
For Citibank credit card holders, there is one way to escape the bank's rate hikes currently underway: Meet a monthly spending requirement.
If Terra Firma were to let EMI default on its debts, Citigroup could offer the company to Warner, which has long coveted the music label.
Merck KGaA Cut To Hold From Buy At Citi
Citigroup Inc. said Thursday it named a former Merrill Lynch executive, Steve Bodurtha, as managing director and head of investments for Citi Private Bank in North America.
Citigroup Private Bank tapped Steve Bodurtha, formerly head of institutional retirement, philanthropy and investments at Bank of America/Merrill Lynch, to run investments for North America.
For Citibank credit card holders, there is one way to escape the bank's rate hikes currently under way: Meet a monthly spending requirement.
DALLAS----Celanese Corporation , a leading, global chemical company, today announced that Sandra Beach Lin, corporate executive vice president, and Roeland Polet, vice president, Ticona Engineering Polymers, will address investors at the 2009 Citi Basic Materials Conference in New York on Tuesday, December 1, 2009, at 10:15 a.m.
Private equity firms are reportedly kicking the tires on Citigroup ’s auto-loan business. According to The New York Post, the Blackstone Group , along with other big buyout shops, has held informal talks with the struggling bank about acquiring the unit, known as CitiFinancial Auto.
PITTSBURGH----H.J. Heinz Company announces its participation in the 2009 Citi's Food Fest - 1st Annual Food Manufacturing Conference on Thursday, December 3, 2009 at 8:55 a.m. Eastern time to present an overview of the Company and its Emerging Markets businesses, including its growth strategy.
Citigroup has started to update its credit card policies.
General Electric and Vivendi are moving closer to a deal on NBC Universal, with Vivendi agreeing to accept payment for just one-third of its stake until a related deal with Comcast closes, according to a source familiar with the situation.
A Manhattan-based group supporting Palestinian rights in the bitterly contested West Bank of Israel is turning its sights on the New York Mets after the organization agreed to host a fund-raising dinner at it’s Caesar’s Club restaurant for a group that supports Israeli settlers in the same area.
NEW YORK (AP) -- Shares of some top finance companies were mixed at the close of trading: Bank of America rose $.01 or .1 percent, to $16.09. Citigroup fell $.06 or 1.4 percent, to $4.20. JPMorgan Chase fell $.09 or .2 percent, to $42.46.
Citigroup Inc. said Thursday it named a former Merrill Lynch executive, Steve Bodurtha, as managing director and head of investments for North America.