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Citigroup
Directory > Society > Issues > Business > Allegedly Unethical Firms > Citigroup

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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 Whois Check

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 Whois Check

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 Whois Check

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 Whois Check

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 Whois Check

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 Whois Check

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 Whois Check

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 Whois Check

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 Whois Check

 


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