NEW YORK–(BUSINESS WIRE)–Dec. 22, 2003–Citigroup (NYSE:C) today closed its previously announced acquisition of Forum Financial Group.
About Citigroup
Citigroup (NYSE: C), the preeminent global financial services company with some 200 million customer accounts in more than 100 countries, provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage, and asset management. Major brand names under Citigroup’s trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney, Banamex, and Travelers Life and Annuity. Additional information may be found at: www.citigroup.com.
About Citigroup’s Global Transaction Services
Citigroup’s Global Transaction Services is a leading provider of integrated cash management, trade finance and securities services for corporations, financial institutions, intermediaries and governments around the world. With over $100 billion in average liability balances, more than $5.8 trillion in assets under custody and the largest proprietary branch network, Citigroup’s award-winning operating systems and Internet-based delivery channels enable clients to manage and monitor working capital and investments more efficiently, streamline transaction processing cycles, and re-engineer receivables and payment processes. Citigroup(R) Global Transaction Services provides clients with access to Citigroup’s full range of capabilities and solutions along with an on-the-ground presence and in-depth knowledge of more than 100 local markets. For additional information, see www.citigroup.com/transactionservices.
Citigroup’s Global Transaction Services is part of Citigroup’s global corporate and investment banking group, which provides complete financial solutions to corporations, governments and institutional investors in more than 100 countries. Award-winning businesses include corporate and investment banking, sales and trading, transactions services, commercial finance and insurance products. Additional information can be found at: www.citigroupgcib.com
About Forum Financial Group
Forum Financial Group is a leading service provider to the global mutual fund, hedge fund and offshore fund industries. From its operation centers in the United States, Poland and Bermuda, Forum provides comprehensive administration, fund and partnership accounting, transfer agency, shareholder services and custody for all types of pooled investment vehicles. Forum’s domestic operations are headquartered in Portland, Maine. For more information, visit www.forum-financial.com
