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Citigroup International (CI) looked after providing personal finance services throughout the world.
Citigroup had triggered off major reforms in the financial industry. The Citicorp-Travelers merger in 1998 gave a major boost for the Financial Modernization Bill . The approval of the bill in November 1999 allowed a single company to run insurance and banking businesses together .
Citigroup emphasized the need to adhere to the highest standards of ethical conduct; to report results with accuracy and transparency; and to maintain full compliance with the laws, rules and regulations that governed its businesses, thereby setting industry standards for others to follow...
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- Citigroup: Taking Sides Cases Analysis
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