improving their operational efficiencies‚ or do they invest strategically with a view to entrench their competitive positions? As noted in the conclusion of the article written by the Asia Case Research Center and the University of Hong Kong HCBC and Citigroup have both developed into global financial institutions. Both organizations have heavily invested in Information Technology and‚ as is self-reported in both companies’ financial statements‚ both are committed to using IT to gain a competitive advantage
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CITI BANK Introduction Citigroup Inc. is an American multinational financial services company based in New York City. Citigroup was formed from one of the world ’s largest mergers in history by combining the banking giant Citicorp and financial conglomerate Travelers Group on April 7‚ 1998. Citigroup Inc. has the world ’s largest financial services network in the world‚ spanning 140 countries with approximately 16‚000 offices worldwide. According to Forbes‚ Citigroup used to be the largest company
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financial crisis would have been slimmer. During the Clinton administration deregulation continued. In the late 1990’s firms such as CitiGroup and Travelers merged and began to get so big that their failure could easily threaten the whole system. Little did we know that’s exactly what would happen. I do believe that there was wrongdoing here because the merger between CitiGroup and Travelers violated the Glass-Steegal Act put in place in 1934 after the Great Depression. The Federal Reserve did absolutely
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problem and analyze pros and cons among possible solutions. This paper is an analysis in regard to Citigroup Inc in order to identify possible problems that the company is facing. We are going to set out the problem-solving process based on PSU SBA framework. PSU SBA represents six steps in problem-solving process which are Position‚ Sense‚ Uncover‚ Solve‚ Build‚ and Achieve. Along with this theme‚ Citigroup is first investigated and explored through its Position in the market‚ its mission‚ vision‚ and
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Citi Research Equities 20 May 2013 │ 7 pages Retail REIT’s (GICS) │ Real Estate Investment Trusts (Citi) Asia Pacific │ Singapore CapitaMall Trust (CMLT.SI) Alert: NDR Takeaways We hosted CMT management on a non-deal roadshow to Hong Kong — Key Company Update Event takeaways are presented below. Investors were interested in management’s view on current trends in the retail sector (especially in light of the labour crunch) as well as acquisition and asset enhancement opportunities
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melissa thomas RES/351 June 16‚ 2013 Tracy Sipma The following is a summary of unethical business research conduct by Citigroup Inc. and subsequently resulting in trial proceedings for the unethical conduct. The summary will reveal the specific unethical behavior and who were the injured parties in this misconduct. Additionally‚ insight into how the unethical behavior affected the organization‚ the individuals‚ and society. Finally‚ evidence will be show
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systems. Citibank was founded in 1812 as the City Bank of New York‚ later First National City Bank of New York. Citibank is one of the major international banks in the United States. It is the consumer banking sector of financial services giant Citigroup. Citigroup was the third largest bank holding company in the United States by total assets‚ after Bank of America and JPMorgan Chase in 2010 ("Top 50 banks”‚ 2011). Citibank has retail banking operations in more than 160 countries and regions around the
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INTERNSHIP REPORT CITI BANK LIMITED [pic] SUBMITTED TO: Head of internship committee. Department Of Business Administration Bahauddin Zakariya University Multan Sub Campus Sahiwal SUBMITTED BY: Muhammad Umair Waqas BBA(Hons.) 6th semester Roll no: BBS-06 Department Of Business Administration
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Citibank: Launching the Credit Card in Asia Pacific Citigroup is an American multinational financial services company based in New York City. Citigroup was formed from one of the world ’s largest mergers in history by combining the banking giant Citicorp and financial conglomerate Travelers Group. Nowadays is one of the world’s largest banks. In 2010 was in 22nd position worldwide‚ ranked on its total assets. Finally‚ it has the world ’s largest financial services network‚ spanning 140 countries
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are required to critically examine the validity of this view and determine how the two banks could justify their multi-billion dollar annual investments in IT. It is also necessary to critically analyse the IT investment strategies of HSBS and Citigroup. Finally the authors will analyse how companies should go about assessing the value of their IT investments and determine in their opinion‚ which of the two banks in clever in its IT investment. Carr (2003) stated that as information technology
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