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 Chase Bank of America Corp. Wells Fargo & Co Citigroup Inc. Goldman Sachs Group Inc.
Morgan Stanley U.S. Bancorp PNC Financial Services Group Inc. TD Group US Holdings LLC Capital 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.

Type Public Limited Company
Traded as NYSE: C
S&P 100 Component
S&P 500 Component
International Securities Identification Number N/A
Industry Banking, financial services
Predecessor Citicorp,Travelers Group
Founded June 16, 1812; 205 years ago
Founder N/A
Headquarters 388-390 Greenwich Street, New York, New York 10013
Number of locations N/A
Area served Worldwide
Key person
Michael E. O’Neill (Chairman)
Michael Corbat (CEO)
James Forese (President)
Products Retail banking
Commercial bank
Investment banking
Private banking
Financial analysis
Revenue Decrease US$69.87 billion (2016)
Operating income Decrease US$21.47 billion (2016)
Net Income Decrease US$14.91 billion (2016)
Asset Under Management (AUM)
Total assets Increase US$1.792 trillion (2016)
Total equity Increase US$225.1 billion (2016)
Owner N/A
Number of employees 219,000 (2016)
Divisions N/A
Subsidiaries Citibank
Grupo Financiero Banamex
CitiBranded Cards
Citi Private Bank
Citibank India
Citi Securities & Banking
Citigroup Global Markets Japan
Salomon BIG
Sedna Finance
Capital ratio 10.1% (2016)
Rating N/A

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.

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