Citigroup

Essay specific features

 

Issue:

Business

 

Written by:

Rhonda K

 

Date added:

March 17, 2015

 

Level:

University

 

Grade:

B

 

No of pages / words:

1 / 238

 

Was viewed:

9510 times

 

Rating of current essay:

 
Essay content:

In 1998, Citicorp and Travelers Group, Inc. merged to create the new Citigroup, Inc. Travelers brought a vast array of financial services that added to Citibank's existing portfolio of consumer and commercial lending. Travelers had developed a very extensive business in investment banking, asset management, life insurance, property casualty insurance, as well as consumer lending...
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Citigroup now had to determine the business prospects for each of its activities in the growing China market. Fears of social and economic dislocation might lead China to impose regulatory restrictions, limiting the pace of foreign expansion. Economic growth might be impeded by the existing political structure, and reforms might not occur in the near term...
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