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Ex-Citigroup banker Zankel dead in fall

July 30, 2005

NEW YORK (Reuters) – Arthur Zankel, a former Citigroup
financier and patron of the arts, died in a fall from the ninth
floor of his Manhattan apartment building, a family member
said.

Zankel, 73, in a fall from the Fifth Avenue building on
Thursday, his son Tom Zankel said.

He had been suffering from depression, The New York Times
on Saturday quoted Sanford Weill, a close friend and the
chairman of Citigroup as saying.

Weill recalled him as a friend of 50 years and the “most
valued adviser” of his career.

Zankel served on Citigroup’s board until 2004, when he
reached the mandatory retirement age. At Carnegie Hall in
Manhattan, where he was vice chairman of the board at the time
of his death, he made a $10 million donation toward a new
concert space.

“What he wanted to do with the Zankel Hall at Carnegie was
open Carnegie Hall up to a new generation of patrons through
offering new and different types of programs and artists,” Tom
Zankel said.

The Judy and Arthur Zankel Hall, which opened in September
2003, seats about 600 people and features music from classical
to jazz and pop.




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