Citigroup
Sign in to saveCitigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services company based in New York City. The company was formed in 1998 by the merger of Citicorp, the bank holding company for Citibank, and Travelers; Travelers was spun off from the company in 2002.
Key facts
- Company.name
- Citigroup Inc.
- Company.logo
- Citi logo March 2023.svg
- Company.logo_size
- 170
- Company.image
- 388 Greenwich Street from Battery Park City North Esplanade.jpg
- Company.image_caption
- The headquarters of Citigroup in Lower Manhattan
- Company.type
- Public company
- Company.traded_as
- DJIA component (until 2009)
- Company.area_served
- Worldwide
- Company.hq_location
- 388 Greenwich StreetNew York City, U.S.
- Company.industry
- Financial services
- Company.revenue
- (2025)
- Company.operating_income
- (2025)
- Company.net_income
- (2025)
- Company.assets
- (2025)
- Company.num_employees
- (2024)
- Company.ratio
- Tier 1 15.3% (2024)
via Wikipedia infobox
Article
63 sectionsContents
- History
- <span class="anchor" id="Citicorp"></span>Citicorp (1812–1985)
- Travelers Group (1986–2007)
- Ownership of Salomon Brothers (1997–2003)
- Merger of Citicorp and Travelers (1998–2001)
- Spin-off of Travelers (2002)
- Subprime mortgage crisis (2007)
- Failed takeover of Nikko Asset Management
- Collapse and US government intervention (2008)
- TARP funding
- Creation of Citi Holdings (2009)
- Sale of Smith Barney (2009)
- Return to profitability, denationalization (2010)
- Expansion of retail banking operations (2011)
- Expansion of credit card operations (2011)
- Chinese investment banking joint venture (2012)
- Federal Reserve stress tests (2012–2016)
- Spin-off of Napier Park Global Capital (2013)
- Downsizing of consumer banking unit (2014)
- 2015 onwards
- Combination of Markets and Securities Services (2019)
- Shrinking of consumer banking unit (2021–2025)
- Involvement in controlling the sale of guns
- Offices
- New York City
- Citigroup EMEA
- Citibank Vietnam
- Naming rights to Citi Field
- Sioux Falls
- Regulatory action, lawsuits, and arbitration
- Enron, WorldCom, and Global Crossing bankruptcies
- Senior leadership
- List of former chairmen
- List of former chief executives
- Financial data
- Ownership
- Criticism
- Alleged money laundering by Raul Salinas, 1998
- 2001–2009
- Conflicts of interest on investment research
- Citigroup proprietary government bond trading scandal of 2004
- Plutonomy report
- Terra Securities scandal
- Allegations of theft from customer accounts
- 2010–2019
- Shareholder rejection of executive compensation plan
- Accusations of futures market manipulation
- Dark money laundering
- Criminal cartel charges in Australia
- 2020s
- Failure to establish effective risk management
- Anti-Armenian discrimination
- Money laundering ease
- Communications
- Lobbying
- Public and governmental relations
- Notable staff
- Current
- Former
- See also
- References
- Further reading
- External links
Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services company based in New York City. The company was formed in 1998 by the merger of Citicorp, the bank holding company for Citibank, and Travelers; Travelers was spun off from the company in 2002.
Citigroup is the third-largest banking institution in the United States by assets; alongside JPMorgan Chase, Bank of America, and Wells Fargo, it is one of the Big Four banking institutions of the United States. It is considered a systemically important bank by the Financial Stability Board and is commonly called "too big to fail". It is one of the eight global investment banks in the Bulge Bracket. Citigroup is ranked 36th on the Fortune 500, and was ranked #24 in Forbes Global 2000 in 2023.
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Connections
Categories
1980s initial public offeringsAmerican companies established in 1998Banks based in New York CityBanks established in 1998CitigroupCompanies based in ManhattanCompanies in the Dow Jones Global Titans 50Companies listed on the New York Stock ExchangeFinancial services companies established in 1998Former components of the Dow Jones Industrial AverageMultinational companies based in New York City