Headquarters: New York, NY, United States
Founded: October 8, 1998
CEO: Ms. Jane Nind Fraser
USD as of July 1, 2023
Citigroup Inc., also known as Citi, is a multinational investment bank and financial services company headquartered in New York City. Tracing its origins to 1812, Citigroup operates through multiple subsidiaries in more than 160 countries with more than 210,000 employees. It operates in global markets with capital origination, corporate and investment banking, markets and securities services, private bank, and treasury and trade solutions, as well as in retail banking through Citibank, branded cards, retail services, commercial banking, and mortgages.
|Company||Market Cap (USD)|
|Bank of America||$231.26 B|
|Agricultural Bank of China||$165.54 B|
|Wells Fargo||$163.20 B|
Citigroup Inc., a diversified financial services holding company, provides various financial products and services to consumers, corporations, governments, and institutions in North America, Latin America, Asia, Europe, the Middle East, and Africa. The company operates in two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG). The GCB segment offers traditional banking services to retail customers through retail banking, Citi-branded cards, and Citi retail services. It also provides various banking, credit card, lending, and investment services through a network of local branches, offices, and electronic delivery systems. The ICG segment offers wholesale banking products and services, including fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative, equity and fixed income research, corporate lending, investment banking and advisory, private banking, cash management, trade finance, and securities services to corporate, institutional, public sector, and high-net-worth clients. As of December 31, 2021, it operated 2,154 branches primarily in the United States, Mexico, and Asia. Citigroup Inc. was founded in 1812 and is headquartered in New York, New York.
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Citigroup Inc. has the following listings and related stock indices.
Banking, consumer banking, corporate banking, insurance, investment banking, mortgage loans, private banking, private equity, wealth management, credit cards
Founder(s): Sanford Weill (Travelers Group) Samuel Osgood (Citicorp)
John C. Dugan (Chairman) Jane Fraser (CEO and President)
Revenue: US$71.88 billion (2021)
Operating income: US$27.47 billion (2021)
Net income: US$22 billion (2021)
Total assets: US$2.291 trillion (2021)
Total equity: US$202 billion (2021)