Citigroup CRA pledge $115B; critics say it's not enough. (cover story)

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  • Author(s): Moyer, Liz
  • Source:
    American Banker. 5/5/1998, Vol. 163 Issue 84, p1. 2p.
  • Subject Terms:
    *INVESTMENTS
  • Additional Information
    • Subject Terms:
      CITICORP (Company) ; TRAVELERS Group Inc. 090660051
    • Abstract:
      Reports that companies, Citicorp and Travelers Group will invest in moderate-income neighborhoods after completing a merger to form Citigroup. Value of the investment; What were the expectations of community reinvestment advocates; Circumstances surrounding the pledge; What is included in the commitment; Information on an Urban Availability of Insurance program which was launched by Travlers Group in 1994.