Web2002: Citigroup spins off Travelers Property Casualty; the company becomes embroiled in scandals involving its equity research and investment banking operations as well as loans to Enron Corporation. 2003: The corporation agrees to pay $400 million to settle the equity research charges and $145.5 million to settle the Enron case. Company History: WebOur History. On 31 st December, 2014, Equity Building Society, as it had previously been known as, became Equity Group Holdings Limited, a non-operating holding company, after undergoing a process of restructuring, so as to further meet its objectives. In 1984, Equity Building Society -now the bank arm of the group- was founded, and has recorded …
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