Citigroup Inc.

Buffett: Coronavirus threat shouldn't change how you invest | February 24, 2020

“If you're looking at Goldman Sachs, Bank of America, Citigroup down by 2.9%.”

Morning Session - 2019 Meeting

“The shareholders of Citibor paid a price. The shareholders of Gov and Sacks, the shareholders of Bank of America. They paid billions and billions of dollars”

Setting the stage for CEO succession | January 10, 2018

“A company like Citigroup has a big deferred tax asset, and the reverse is true there, because that tax asset is not worth as much.”

Fifty years of Buffett's Berkshire | March 2, 2015

“it has now signed a deal with Citigroup and Visa to do a co-branded credit card”

Morning Session - 2013 Meeting

“The ratios, as I understand it, for Wells are not as high as they would be for City or J.P. Morgan”

Buffett on Heinz deal: "We've got a great business" | March 4, 2013

“those trading below tangible book value like Bank of America and Citigroup. What's it going to take”

Warren Buffett; Anwar al-Awlaki Killed

“Citibank executives said, you know, as long as the music playing, you have to keep dancing. Right. That was the classic.”

Morning Session - 2011 Meeting

“he'd had any kind of contact with Citigroup, in fact, he directed my attention to the fact that they, represented Lubrizol”

Morning Session - 2011 Meeting

“it had a fair amount of material in it about Dave's involvement with Citigroup...his relationship with Citigroup”

Class B stock split was "easy decision" | January 20, 2010

“recurring theme among banks in America, this quarter at least, J.P. Morgan and City as well”

Class B stock split was "easy decision" | January 20, 2010

“B of A and City, I mean, if you want to call their profits obscene, you may be thinking of a different sort of obscenity.”

Wesco Financial Annual Letter 2009

“leased almost entirely to outsiders, including Citibank as the ground floor tenant”

Morning Session - 2009 Meeting

“But what about Washington Mutual, AIG, Wachovia, Citig, Fannie Mae, even some Irish banks”

Warren Buffett 2008 Interview (Ivey Archive)

“I bought my first stock when I was 11. I bought 3 shares of Citi Service Preferred.”

Warren Buffett 2008 Interview (Ivey Archive)

“every day we get these bid lists from Citi, Merrill Lynch, JP Morgan of all these different options”

Warren Buffett 2008 Interview (Ivey Archive)

“every day I was sent the total positions of JP Morgan, of Citicorp, of Merrill Lynch, all the big 10”

Warren Buffett 2008 Interview (Ivey Archive)

“When Citi found out that they couldn't play because of capital restraints on the balance sheet they figured out ways to do it off the balance sheet”

Warren Buffett | Testimony | 2008 Financial Crisis | June 2, 2010

“I would certainly was surprised when Citigroup turned out to have SIVs, you know, in the many tens of billions”

Warren Buffett | Testimony | 2008 Financial Crisis | June 2, 2010

“whether it be a city group or a Fannie Mae, that they didn't manage the balance sheet”

Morning Session - 2008 Meeting

“This happens to be a bid sheet, I think from Citigroup. And they were repricing these every seven days.”

Wesco Financial Annual Letter 2007

“rents ($3.9 million gross in 2007) principally from Wesco's Pasadena office property (leased almost entirely to outsiders, including Citibank as the ground floor tenant)”

Wesco Financial Annual Letter 2005

“rents ($3.5 million gross in 2005) from Wesco's Pasadena office property (leased almost entirely to outsiders, including Citibank as the ground floor tenant)”

Afternoon Session - 2004 Meeting

“compared to a J.P. Morgan Chase or a Citibank or something of the sort, is a really big derivatives player.”

Wesco Financial Annual Letter 2002

“from Wesco's Pasadena office property (leased almost entirely to outsiders, including Citibank as the ground floor tenant)”

Afternoon Session - 2002 Meeting

“he would look at General Motors and Chrysler and the side which he thought was undervalued relative to the other and go long, one and short”

Morning Session - 2000 Meeting

“their two primary competitors were what are now Citicorp, First National City, and the Bank of America.”

Wesco Financial Annual Letter 1999

“forced conversion of preferred stock of Citigroup Inc. ("Citigroup") into lower-dividend-paying common stock.”

Afternoon Session - 1999 Meeting

“if you say bank, you can say Citigroup and Chase and Wells Fargo, and you can name 10 or 15”

Wesco Financial Annual Letter 1998

“lower dividends were received in 1998 after forced conversion of preferred stock of Citigroup Inc. ("Citigroup") into lower-dividend-paying common stock”

Wesco Financial Annual Letter 1998

“by merger of Travelers and Citicorp late in 1998 became convertible preferred stock of Citigroup”

Afternoon Session - 1998 Meeting

“travelers, the company travelers and the merger with Citibank”

No layoffs because of "a drop in volume"

“we'd like to report that it's all so. safely in a bank account at Citigorp.”

Afternoon Session - 1996 Meeting

“they're all safely in a bank account at Citigorp. It just doesn't work that way.”

1985 Berkshire Hathaway Shareholder Letter

“that granted the U.S. Government on Chrysler shares as partial consideration for the government's guarantee of some lifesaving loans. When these options worked out well for the government, Chrysler so”

1984 Berkshire Hathaway Shareholder Letter

“Walter Wriston, then CEO of Citicorp; Frank Cary, then CEO of IBM”

1983 Berkshire Hathaway Shareholder Letter

“investment management fees of over $2 billion annually...require the forfeiture by investors of all earnings of the five largest banking organizations (Citicorp,”