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Citigroup
(redirected from Salomon Smith Barney)

   Also found in: Acronyms, Wikipedia 0.06 sec.

Citigroup

U.S. holding company formed in 1998 from the merger of Citicorp (itself a holding company incorporated in 1967) and Travelers Group, Inc. The $70 billion merger included one of the largest U.S. investment banks, Salomon Smith Barney Inc., and aimed at creating a global retail financial-services business. Citicorp, whose lineage can be traced to the First Bank of the United States, was noteworthy for its pioneering installation of automated teller machines throughout its branch offices in the 1970s. Before its merger with Travelers Group, Inc., Citicorp was the largest U.S. bank and one of the largest financial companies in the world, with about 3,000 branch offices worldwide.



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We were challenged with securing a substantial amount of space in a premier building for Salomon Smith Barney in an extremely tight market," said Nugent.
NEW YORK -- Notice is hereby given that a class action lawsuit was filed on August 24, 2004, in the United States District Court for the District of Maryland, on behalf of persons who purchased or otherwise acquired or hold shares of several Salomon Smith Barney mutual funds ("SSB Funds") between January 1, 1999 and July 1, 2003, inclusive (the "Class Period").
The suit was filed on behalf of persons who purchased, or otherwise invested $100,000 or more in class B shares in one or more Salomon Smith Barney mutual funds during the period June 12, 1998 through June 12, 2003, where such investment(s) could have otherwise qualified for the $100,000 "breakpoint" load reduction associated with investments in class A shares of the same fund(s) (the "Class").
 
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