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
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 CitiMortgage CitiBranded Cards Citi Private Bank Citibank India Citi Securities & Banking Citigroup Global Markets Japan Salomon BIG Sedna Finance Netciti |
Capital ratio | 10.1% (2016) |
Rating | N/A |
Website | www.Citigroup.com |
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.