Citigroup

What Makes a “Best” Company for Minorities? A company who embraces workplace diversity and inclusion makes a “best” company for minorities. Workplace diversity entails recognizing and understanding the positive values, skills, and ideas an individual can bring to the workplace based on his or her ability, and not being judged or discriminated against because of his or her disability, age, beliefs, ethnic and cultural background, gender. “An inclusive workplace is one where the human rights…

consist of the other Big Four banking institutions in the United States—Bank of America, Citigroup, and Wells Fargo. As an investment firm, the company’s suppliers are the entities that they invest in and that list is long and diverse, including large corporations like Facebook, Apple, and Oshkosh, small businesses, governments, and even other banking institutions, a list that notably includes their competitors Citigroup and Bank of…

Hypothetical Portfolio Our equally weighted portfolio includes Apple (AAPL), Whole Foods Market (WFM), Exxon Mobil (XOM), Citigroup (C), and Nordstrom (JWN). All of the companies chosen are paying dividends quarterly, and make up to 6.557% of S&P 500 as of today. From 2011 until today we see that our portfolio has had, return-wise, a similar performance to the S&P 500 with around 11% annual returns. Also, the correlation coefficient of 0.85 tells us that our portfolio is highly…

Stock Market From Inside Job, a documentary about the lead up to the stock market crash of 2008, Christine Lagarde said “The financial industry is a service industry. It should serve others before it serves itself.” The year 2008 was a huge scare for the common man in the United States. When the housing market crashed, everyone saw their lives change before their eyes and feared for their future. Stocks went down faster than the speed of light and with time of change heading towards the United…

The mortgage crisis occurred due to banks lending large mortgages to people who thought this was acceptable because the value of their homes would only rise. 2. When the value of homes started to decline, banks asked for payment on mortgages which in turn, forced people to make all their assets, including stocks, liquid to pay their debts (Davies, 2008). 2) With the stock prices bottomed out because of mass forced selling, they began to rise after the government bailouts of the financial…

Citigroup certified thousands of loans for federal backing, regardless of the lacking assessments on the loans. Citigroup paid $158 million in civil fines but no criminal charges were put against anyone or the company. In the book, he mentions “Every day on Wall Street, money is stolen, embezzled, burgled, and…

Nadine Mentor, 29 years old, a bank team leader, employed by Citigroup was terminated for discrimination on her qualifications. Nadine was discriminated because she was working in the department of business as she always put her best foot forward, but was later told she is a waste of money to the company. Nadine was…

rates after two hikes this year by the Federal Reserve pushed net interest income -- the difference between what banks charge to borrowers and what they pay to depositors -- up 8% to $12.5 billion, JPMorgan said. The bank joined New York-based Citigroup in beating Wall Street projections despite the drag from bond-trading. Citi's earnings of $1.28 a share compared with an average…

TATA GROUP Tata Group History: Tata group was founded by Jamsetji tata in 1868 as a trading company. Now the group has expanded its operations to 80 countries across six continents. The group has over 100 companies which are operating separately. The major companies under the umbrella of TATA group are Tata consultancy services (TCS), TATA power, TATA motors, Taj Hotels, TATA chemicals, TATA communications, TATA global beverages, Titan industries, TATA teleservices. They are the pioneers in…

Urban Transportation BackgroundAs fintech advancement gains momentum, working through vicissitudes of centuries-old coverage of more or less routine retrospective critiques of financial crises, followed by periodic predictions of more or less imminent crises to come, it's become impossible to speak about financial institutions as if they existed unchallenged. Banking may be a stereotypically lackluster subject amidst quotidian cultural news, but the fintech phenomenon in banking is inverting…