1. Citigroup Inc. (NYSE: C) today announced it was named as an official sponsor of the 2012 U.S. Olympic and Paralympic Teams and the U.S. Olympic Committee by the U.S. Olympic Committee (USOC) and NBC Olympics. The company is the official bank sponsor of the USOC through 2012. This agreement includes television and digital advertising, events and promotional opportunities.
2. The company�s mutual fund transfer agent services within the Global Transaction Services business achieved a 5-Star performance ratings from the National Quality Review (NQR) for 2010. NQR analyzed two areas of the compnay�s fund services� customer experience including, transaction processing and telephone service, each achieving the independent assessment firm�s 5-Star rating.
3. Recently, Citi was named as the �Best Investment Bank� and �Best Debt Bank� for the Latin American region by the Global Finance Magazine.� In addition, it was named as the �Best Investment Bank� in Argentina and Mexico. The company�s work was also appreciated with the award of �Equity Deal of the Year� for its Petrobras� $70 billion stock sale, in which Citi acted as a Global Bookrunner.
4. Citi was recently awarded top position in Affordable Housing Finance�s fourth annual ranking of affordable housing lenders. Its community capital�s volume for 2010 was $2.94 billion, making it highest in the history of the rankings and had nearly 75% more volume than the second place lender.
5. The company also expanded its OpenWealth platform including a complete package of trust accounting, operations outsourcing, and custody services for wealth managers. OpenWealth solution provides a complete package of modular services ranging from modern technology, extensive flexibility and the experience of providing client focused solutions. The new offering includes trust accounting on a highly scalable, customizable web-based platform with real-time processing and reporting that supports all phases of the account administration lifecycle.
Its Global Transaction Services business was recently appointed by IMI for its sponsored Level 1 American Depositary Receipt program.
The company stock has traded in the range of $3.53 and $5.15 during the past 52 weeks. The company�s market cap is $129.74 billion.
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