Despite a powerful earthquake, a deadly tsunami and growing alarm about nuclear fallout, it has mainly been business as usual in Japan for Citigroup Inc., which has the largest foreign-bank branch network in the country.

"This is clearly a fast-moving situation, but currently our Japan businesses are fully operational," Citi spokeswoman Shannon Bell said. "We have contingency plans in place, and if the situation changes this may involve moving some staff to other locations as needed to ensure business continuity."

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access