C » Topics » Business Practices Performance

This excerpt taken from the C DEF 14A filed Mar 13, 2007.

Business Practices Performance

 

 

Developing and maintaining positive regulatory relationships around the world, and the absence of any new significant regulatory enforcement actions. Citigroup generally maintained very positive regulatory relationships around the world in 2006, and there were no major new regulatory enforcement matters last year. It is noteworthy that the Federal Reserve approved several significant acquisitions by Citigroup.

 

 

In objective surveys, year-over-year improvements on employee-focused matters such as living the Shared Responsibilities. Employee survey scores have risen for two years, and overall employee satisfaction continued to improve on these surveys.

 

 

Excellence in talent development, including the development of diverse talent. Citigroup demonstrated strong performance in this area by, for example, increasing exposure of members of the operating committee to Board members.

 

 

Performance on audit and control measures improving year-over-year and exceeding Citigroup-wide audit and control performance ratings. Internal audit and control scores continued to improve during 2006 across Citigroup.

 

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