Pricing Supplement No.  0022      Dated  05/15/2001          Rule 424(b)(2)
                                                             File No. 333-55650
(To Prospectus dated February 23, 2001 and
Prospectus Supplement dated March 1, 2001)

                  This Pricing Supplement consists of 1 page(s)

SALOMON SMITH BARNEY HOLDINGS INC.
Medium-Term Notes, Series K (Registered Notes)
Due Nine Months or More from the Date of Issue

Principal Amount or Face Amount: $50,000,000.00
Issue Price: 99.97187%
Proceeds to Company on original issuance:  $49,875,000.00
Commission:                                $110,935.00
Salomon Smith Barney Inc.'s capacity on original issuance:  | | As Agent
If as principal                                     |x|  As principal
       |x|  The Registered Notes are being offered at varying prices related
            to prevailing market prices at the time of resale.
       | |  The Registered Notes are being offered at a fixed initial public
            offering price  % of Principal Amount or Face Amount.
Form of Note: |x| Global  | | Definitive
Original Issue Date:    05/15/2001
Stated Maturity:    05/17/2004
Specified Currency:
    (If other than U.S. Dollars)
Authorized Denominations:
    (If other than as set forth in the Prospectus Supplement)
Interest Payment Dates: The 17th of every February, May, August, November.
First Interest Payment Date: August 17, 2001.
    Accrue to Pay:  |X| Yes  | | No
Indexed Principal Note:   | |  Yes (See Attached)   |X|  No
Type of Interest on Note: | | Fixed Rate   |X| Floating Rate   | | Indexed Rate
                                                                 (See Attached)
Interest Rate (Fixed Rate Notes):
Initial Interest Rate (Floating Rate Notes):
Base Rate: | | CD Rate | | Commercial Paper Rate  |x| Federal Funds Rate
           | | LIBOR Telerate   | | LIBOR Reuters | | Treasury Rate
           | | Treasury Rate Constant Maturity    | | Prime Rate
           | | J.J. Kenny Rate                    | | Euribor
           | | Eleventh District Cost of Funds    | | Other
Calculation Agent (If other than Citibank):   | | Salomon Smith Barney Inc.
                                              | | Other  (See Attached)
Computation of Interest:  | | 30 over 360       | | Actual over Actual
                          |X| Actual over 360   | | Other (See Attached)
    (If other than as set forth in the Prospectus Supplement)
Interest Reset Dates:  Daily.
Rate Determination Dates: 1 day New York NO ratecutoff.
    (If other than as set forth in the Prospectus Supplement)
Index Maturity: Federal Funds Rate
Spread (+/-): +49 basis points
Spread Multiplier:
Change in Spread, Spread Multiplier or Fixed Interest Rate prior
    to Stated Maturity:     | | Yes (See Attached)  |X| No
Maximum Interest Rate:
Minimum Interest Rate:
Amortizing Note:   | |  Yes  (See Attached)   |X|  No

Renewable Note: | | Yes (see attached)  |x| No
Optional Extension of Maturity: | | Yes (see attached)  |x| No

Optional Redemption:   | |  Yes   |X|  No
   Optional Redemption Dates:
   Redemption Prices:
   Redemption: | | In whole only and not in part | | May be in whole or in part

Optional Repayment:       | |  Yes     |X|  No
        Optional Repayment Dates:
        Optional Repayment Prices:

Discount Note:   |x|  Yes   | |  No
        Total Amount of OID: $14,065.00
        Bond Yield to Call:
        Bond Yield to Maturity:
        Yield to Maturity:

Cusip:  79548EHA3