Citigroup Inc information -Financial Service corporation

Citigroup Inc information -Financial Service Corporation

Citigroup Inc information -Financial Service corporation
Citigroup Inc. or Citi is an American multinational financial services corporation. Its headquarter is in Manhattan, New York City, New York, United States. Citigroup was formed from one of the world’s largest mergers in history by combining the banking giant Citicorp and financial conglomerate Travelers Group in October 1998 (announced on April 7, 1998).The year 2012 marked Citi’s 200th anniversary. It is currently the third largest bank holding company in the United States by assets. Its largest shareholders include funds from the Middle East and Singapore.
10 largest banks in the U.S. by assets

JPMorgan ChaseBank of America Corp.Wells Fargo & CoCitigroup Inc.Goldman Sachs Group Inc.
Morgan StanleyU.S. BancorpPNC Financial Services Group Inc.TD Group US Holdings LLCCapital One Financial Corp

Citigroup Inc information -Financial Service corporation

Citigroup has the world’s largest financial services network provider, spanning 140 countries with approximately 16,000 offices worldwide. The company currently employs approximately 260,000 staff around the world, which is down from 267,150 in 2010, according to Forbes. It also holds over 200 million customer accounts in more than 140 countries.

Name of the Bank

Citigroup Inc.

TypePublic Limited Company
Traded asNYSE: C
S&P 100 Component
S&P 500 Component
International Securities Identification NumberN/A
IndustryBanking, financial services
PredecessorCiticorp,Travelers Group
FoundedJune 16, 1812; 205 years ago
Headquarters388-390 Greenwich Street, New York, New York 10013
Number of locationsN/A
Area servedWorldwide
Key person
Michael E. O’Neill (Chairman)
Michael Corbat (CEO)
James Forese (President)
ProductsRetail banking
Commercial bank
Investment banking
Private banking
Financial analysis
RevenueDecrease US$69.87 billion (2016)
Operating incomeDecrease US$21.47 billion (2016)
Net IncomeDecrease US$14.91 billion (2016)
Asset Under Management (AUM)
Total assetsIncrease US$1.792 trillion (2016)
Total equityIncrease US$225.1 billion (2016)
Number of employees219,000 (2016)
Grupo Financiero Banamex
CitiBranded Cards
Citi Private Bank
Citibank India
Citi Securities & Banking
Citigroup Global Markets Japan
Salomon BIG
Sedna Finance
Capital ratio10.1% (2016)

Citigroup Inc information -Financial Service corporation

They protect people’s savings and help them make the purchases – from everyday transactions to buying a home – that improve the quality of their lives. They advise people on how to invest for future needs, such as their children’s education and their own retirement, and help them buy securities such as stocks and bonds.
They work with companies to optimize their daily operations, whether they need working capital, to make payroll or export their goods overseas. By lending to companies large and small, we help them grow, creating jobs and real economic value at home and in communities around the world. They provide financing and support to governments at all levels, so they can build sustainable infrastructure, such as housing, transportation, schools and other vital public works.