Directory > Society > Issues > Business > Allegedly Unethical Firms > Citigroup World's Largest Bank Makes Huge Step Toward Sustainability "Nearly four years of relentless campaigning by Rainforest Action Network and allies around the world" seems to have paid off, as this press release by RAN indicates. http://www.ran.org/ran_campaigns/global_finance/citi_victory.html Reviews Rating: Not yet Rated
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Citigroup's New Environmental Initiatives Announces a new set of policies in and programs in 2004 focused on sustainable development. http://www.citigroup.com/citigroup/environment/initiatives.htm Reviews Rating: Not yet Rated
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Citigroup's Involvement in Wood Products and Paper Extensive report originally compiled by George Draffan of endgame.org for the Rainforest Action Network. http://www.endgame.org/citigroup.html Reviews Rating: Not yet Rated
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Citigroup Separates Research Arm The bank splits off its research arm in an effort to avoid potential conflicts of interest. http://news.bbc.co.uk/1/hi/business/2378405.stm Reviews Rating: Not yet Rated
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SEC Sues Citigroup for Research Analyst Conflicts of Interest Research analysts at Salomon Smith Barney published false or misleading research reports that were exaggerated, unwarranted, or lacked a reasonable basis. http://www.sec.gov/litigation/litreleases/lr18111.htm Reviews Rating: Not yet Rated
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SEC: Citigroup Helped Enron Commit Fraud Alleged that the firm mislead investors by characterizing loan proceeds as cash from operating activities. http://www.sec.gov/news/press/2003-87.htm Reviews Rating: Not yet Rated
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Citigroup Target of Protests in 80 Cities Worldwide Students worldwide protested Citibank's leading role in funding environmentally and socially destructive activities. http://www.ran.org/news/newsitem.php?id=96 Reviews Rating: Not yet Rated
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Citigroup Statement on Salomon Smith Barney Settlement with SEC, NASD, NYSE All outstanding investigations into research, IPO allocation and distribution practices settled. http://www.citigroup.com/citigroup/press/2003/030428a.htm Reviews Rating: Not yet Rated
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Citigroup Settles FTC Charges for Subprime Lending Victims The Associates, acquired by Citigroup, engaged in systematic and widespread deceptive and abusive lending practices such as the packing of unwanted credit insurance on consumers' loans. http://www.ftc.gov/opa/2002/09/associates.htm Reviews Rating: Not yet Rated
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