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Citibank told to suspend retail sales

TOKYO, Japan - Citibank Japan Ltd. president Darren Buckley speaks at a press conference at the Bank of Japan on June 26. The Financial Services Agency of Japan ordered Citibank Japan the same day to suspend sales activities at its retail banking division for one month from July 15 because of its slack money laundering controls.

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Citigroup succeeds in tender offer for Nikko

TOKYO, Japan - Shoji Kuwashima (L), president of Nikko Cordial Corp., and Douglas Peterson, chief executive officer of the Japanese branch of Citibank N.A., hold a joint news conference at a hotel in Tokyo on April 27 after Citigroup Inc. successfully completed its tender offer for Japan's third-biggest brokerage.

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Citigroup succeeds in tender offer for Nikko

TOKYO, Japan - Shoji Kuwashima (L), president of Nikko Cordial Corp., and Douglas Peterson, chief executive officer of the Japanese branch of Citibank N.A., shake hands after their joint news conference at a hotel in Tokyo on April 27. Citigroup Inc. said it has successfully completed its tender offer for Nikko Cordial Corp., raising its stake in Japan's third-biggest brokerage to 61.1 percent from 4.9 percent in a $7.7 billion cash bid.

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Citigroup to launch Nikko Cordial buyout bid on March 15

TOKYO, Japan - Douglas Peterson, chief executive officer of the Japanese branch of Citibank N.A., speaks at a news conference in Tokyo on March 14 about Citigroup's friendly takeover bid for Nikko Cordial Corp.

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Citigroup to launch buyout bid to make Nikko subsidiary

TOKYO, Japan - Nikko Cordial Corp. President Shoji Kuwashima (L) and Douglas Peterson, chief executive officer of the Japanese branch of Citibank N.A., at a news conference in Tokyo on March 6 where they announced that Citigroup Inc. will launch a takeover bid within a week to make Nikko Cordial a subsidiary.

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Citigroup to launch buyout bid to make Nikko subsidiary

TOKYO, Japan - Nikko Cordial Corp. President Shoji Kuwashima (L) and Douglas Peterson, chief executive officer of the Japanese branch of Citibank N.A., at a news conference in Tokyo on March 6, announcing that Citigroup Inc. will launch a takeover bid within a week to make Nikko Cordial a subsidiary.

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FSA orders Citibank's Japan unit to improve operations

TOKYO, Japan - Douglas Peterson, chief executive officer of the Japanese unit of Citibank N.A., speaks at a press conference after his bank was ordered by the Financial Services Agency to improve its operations following system glitches that caused transaction errors in May and June.

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Citigroup CEO Prince apologizes to Japanese public

TOKYO, Japan - Citigroup Inc. Chief Executive Officer Charles Prince (R) apologizes to the Japanese public during a press conference Oct. 25 for a series of problems involving Citibank Japan's private banking operations. Citigroup said it will cease its private banking and trust banking operations in Japan by the end of next September as part of a business improvement plan.

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Citigroup CEO Prince apologizes to Japanese public

TOKYO, Japan - Citigroup Inc. Chief Executive Officer Charles Prince (R) apologizes to the Japanese public during a press conference Oct. 25 for a series of problems involving Citibank Japan's private banking operations. Citigroup said it will cease its private banking and trust banking operations in Japan by the end of next September as part of a business improvement plan. (Kyodo)

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FSA orders Citibank's Japan unit to improve operations

TOKYO, Japan - Douglas Peterson, chief executive officer of the Japanese unit of Citibank N.A., speaks at a press conference after his bank was ordered by the Financial Services Agency to improve its operations following system glitches that caused transaction errors in May and June. (Kyodo)

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Citigroup to launch buyout bid to make Nikko subsidiary

TOKYO, Japan - Nikko Cordial Corp. President Shoji Kuwashima (L) and Douglas Peterson, chief executive officer of the Japanese branch of Citibank N.A., at a news conference in Tokyo on March 6, announcing that Citigroup Inc. will launch a takeover bid within a week to make Nikko Cordial a subsidiary. (Kyodo)

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Citigroup to launch buyout bid to make Nikko subsidiary

TOKYO, Japan - Nikko Cordial Corp. President Shoji Kuwashima (L) and Douglas Peterson, chief executive officer of the Japanese branch of Citibank N.A., at a news conference in Tokyo on March 6 where they announced that Citigroup Inc. will launch a takeover bid within a week to make Nikko Cordial a subsidiary. (Kyodo)

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Citigroup succeeds in tender offer for Nikko

TOKYO, Japan - Shoji Kuwashima (L), president of Nikko Cordial Corp., and Douglas Peterson, chief executive officer of the Japanese branch of Citibank N.A., hold a joint news conference at a hotel in Tokyo on April 27 after Citigroup Inc. successfully completed its tender offer for Japan's third-biggest brokerage. (Kyodo)

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Citigroup succeeds in tender offer for Nikko

TOKYO, Japan - Shoji Kuwashima (L), president of Nikko Cordial Corp., and Douglas Peterson, chief executive officer of the Japanese branch of Citibank N.A., shake hands after their joint news conference at a hotel in Tokyo on April 27. Citigroup Inc. said it has successfully completed its tender offer for Nikko Cordial Corp., raising its stake in Japan's third-biggest brokerage to 61.1 percent from 4.9 percent in a $7.7 billion cash bid. (Kyodo)

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Citibank Japan to launch world's 1st 'smart banking' branches

TOKYO, Japan - A Citibank Japan official demonstrates transactions using an automated teller machine equipped with a videoconference system at a soon-to-opened branch in Tokyo's Nihombashi district on April 9, 2010. The bank will launch two ''smart banking'' branches in Tokyo that deploy technology such as interactive touch panels for the first time in its global network. (Kyodo)

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Citibank told to suspend retail sales

TOKYO, Japan - Citibank Japan Ltd. president Darren Buckley speaks at a press conference at the Bank of Japan on June 26. The Financial Services Agency of Japan ordered Citibank Japan the same day to suspend sales activities at its retail banking division for one month from July 15 because of its slack money laundering controls. (Kyodo)