Citigroup and AOL Announce Alliance
National Underwriter (Life/Health) (08/07/00) Vol. 104, No. 32 p.31; Ebeling, Ashlea

Global financial services giant Citigroup and Internet service provider America Online (AOL) have announced a significant multi-year alliance. Users of AOL, Compuserve, and other AOL brands will be offered a broad range of financial services and products. Consumers will have the opportunity to send money to family and friends, purchase services and goods, participate in auctions, and eventually transfer money between accounts. Citigroup has also announced that consumers will be able to sign up for services through companies like Salomon Smith Barney, Travelers, and Citibank. Services include brokerage investments, credit cards, mortgages, student loans, and home equity loans.

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