Federal Reserve Release, Press Release; image with eagle logo links to home page
Release Date: October 2, 2003

For immediate release

The Federal Reserve Board on Thursday announced its approval of the notice under section 4 of the Bank Holding Company Act by Citigroup Inc., New York, New York, to engage in physical commodity trading activities on a limited basis as an activity that is complementary to the financial activity of engaging regularly as principal in commodity derivative activities.

Attached is the Board's Order relating to this action.

Attachment (72 KB PDF)

2003 Orders on banking applications

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Last update: October 2, 2003