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Thema: Business- und Bankenglisch

In diesem Thema sind folgende Beiträge:

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28. Jan 2007   

New York -- Pamela P. Flaherty, Senior Vice President of Corporate Citizenship at Citigroup, has been appointed President and Chief Executive Officer of the Citigroup Foundation. In this role, she will have responsibility for the strategy and direction of the Citigroup Foundation. Ms. Flaherty will also take responsibility for Citigroup's Office of Global Volunteerism and Office of Financial Education, in addition to continuing to head Corporate Citizenship and Global Corporate Social Responsibility at Citigroup.

In her new role with the Foundation, Ms. Flaherty will report to Lewis B. Kaden, Citigroup Vice Chairman, Chief Administrative Officer and Chairman of the Foundation's Board. She will also serve as a member of Citigroup's Management Committee.

"Pam's new role is a critical one as the Foundation continues to focus on making a difference around the globe," said Charles Prince, Citigroup Chairman and Chief Executive Officer. "Her knowledge of the company, pioneering work in corporate citizenship, leadership in the creation of the Equator Principles, and single-minded focus on fostering sustainable development make her the ideal candidate. We look forward to bringing her knowledge and expertise to bear on our efforts as we focus on ways to further enhance the Foundation's global impact. We are also excited about how she can extend Citigroup's own efforts in financial education and volunteerism."

Verfasst von  A.Schuetz


23. Jan 2007   

- Will Retain CFO Role Until Search for Successor Is Completed -

New York, NY -- Citigroup announced today that Sallie L. Krawcheck, Citigroup's Chief Financial Officer and Head of Strategy, has been promoted to Chairman and Chief Executive Officer of the company's Global Wealth Management division, comprising the Citigroup Private Bank, Smith Barney and Citigroup Investment Research. The appointment is effective upon the identification and arrival of her successor in her current role. The company has commenced a formal search of internal and external candidates for this position. In the interim, Robert Druskin, Chief Operating Officer of Citigroup, will oversee Global Wealth Management.

"Sallie has done a terrific job as our Chief Financial

Verfasst von  A.Schuetz

    weiterlesen... 'Sallie L. Krawcheck Named Chairman and Chief Executive Officer of Citigroup's Global Wealth Management Division'

23. Jan 2007   

22nd Consecutive Year of Common Dividend Increases

New York, NY -- The Board of Directors of Citigroup has approved a 10 percent increase to the quarterly dividend on the company's common stock to 54 cents per share from 49 cents per share, payable on February 23, 2007, to stockholders of record on February 5, 2007.

Charles Prince, Chairman and Chief Executive Officer of Citigroup, said: "This year marks the 22nd year in a row that Citigroup has raised its dividend, reflecting our continued commitment to enhancing returns to our shareholders. The double-digit increase also reflects our confidence in the business model of Citigroup and the opportunities we see across our businesses. We look forward to building off our strong foundation to generate growth in 2007."

Verfasst von  A.Schuetz


19. Jan 2007   

NG announces today its intention to restructure its Belgian insurance business as part of its strategy to focus on bancassurance distribution in Belgium.

After a strategic review of the insurance business in Belgium, ING has decided to concentrate its life and non-life insurance activities in two new entities which will exclusively distribute through the retail banking channels of ING in Belgium. The new entities will employ about 350 employees.

As a result, ING intends to divest its non-strategic insurance activities and currently seeks to identify parties interested in acquiring its broker and employee benefits insurance business in Belgium.

ING Insurance Belgium had a total premium income of EUR 1.797 million in 2005 of which EUR 607 million was generated through its broker and employee benefits insurance business. The brokers and employee benefits business currently employs about 840 employees.

Verfasst von  A.Schuetz


10. Jan 2007   

ING Group announced today that it has signed a letter of intent to
acquire AZL, an independent Dutch provider of pension fund management
services, for an amount of EUR 65 million.

The proposed acquisition of AZL will expand ING's pension fund
management activities with a prominent provider of pension services
including board advisory services, and actuarial services in
combination with pension administration.

AZL manages approximately EUR 8 billion and 58 pension funds and
other institutions that provide pension schemes for 455,000 people.
The company employs 350 people.

Upon completion of the proposed acquisition, ING intends to combine
its pension administration activities (currently under ING Pension
Services) with AZL's. The joint pension activities will be operated
under the AZL name.

The proposed transaction will have no material impact on the capital
adequacy ratios of ING Group.

The acquisition is subject to applicable regulatory approvals and a
positive advice from the respective works councils and is expected to
be completed before the end of the second quarter of 2007.

Verfasst von  A.Schuetz


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