Banks, Credit Card Issuers Lend Help to Haiti

Citigroup, which has been doing business in Haiti since 1971 and has a three-story building in Port-au-Prince that reportedly suffered extensive damage, sent a search-and-rescue team to look for its people. Meanwhile, it donated supplies, such as satellite phones, to the overall effort. Citigroup also said it was donating $2 million to Haiti-relief charities, including $250,000 to the Red Cross, and that it is starting a separate fund for employees.

Manhattan-based investment bank Jefferies Group earmarked a day's worth of trading commissions Friday for Haiti relief, raising approximately $5 million. Jefferies donated an additional $1 million.

ABC News' Charles Herman contributed to this report.

-- This embed didnt make it to copy for story id = 9595292. -- This embed didnt make it to copy for story id = 9595292. -- This embed didnt make it to copy for story id = 9595292. -- This embed didnt make it to copy for story id = 9595292. -- This embed didnt make it to copy for story id = 9595292. -- This embed didnt make it to copy for story id = 9595292. -- This embed didnt make it to copy for story id = 9595292.
Page
  • 1
  • |
  • 2
Join the Discussion
You are using an outdated version of Internet Explorer. Please click here to upgrade your browser in order to comment.
blog comments powered by Disqus
 
You Might Also Like...