A big C for charity at a very challenged financial giant
If one word can neatly sum up Citigroup, it is 'challenged'.
In fact, 'very challenged', if we may add, when one thinks about a financial powerhouse with an ousted ex-chairman Chuck Prince and a disgruntled shareholder Prince Alwaleed bin Talal, on top of everything about its subprime exposure.
But one thing it has not lost is a handle on doing charity. Today the banking giant unveils 13 charity activities that will involve nearly 2,000 staff members, their families and business partners this weekend in its Global Community Day.
The number of volunteers this year almost doubled that of a year ago. Led by Asia-Pacific head of markets and banking Robert Morse, Citibankers would be seen clearing weeds in the Mai Po Natural Reserve or selling flags on city streets.
In the mainland, Citibankers will pick up garbage at the Great Wall, promote recycling bags in Shanghai, read English stories to children in Guangzhou and visit orphanages in Xiamen.
