Citigroup

Citigroup Inc. or Citi (stylized as citi) is the world's largest financial services company headquartered in New York and the first American company that was able to combine insurance and banking after the Great Depression of 1929.

Citigroup Inc.
Company typePublic company
ISINUS1729674242
IndustryFinancial services
Predecessors
FoundedOctober 8, 1998 (1998-10-08)
Headquarters388 Greenwich Street
New York, NY 10013
U.S.
Area served
Worldwide
Key people
  • John C. Dugan (chairman)
  • Viswas Raghavan (Executive Vice Chairman)
  • Jane Fraser (CEO)
  • Mark Mason (CFO)
Products
Revenue US$78.46 billion (2023)
US$12.91 billion (2023)
US$9.228 billion (2023)
Total assets US$2.412 trillion (2023)
Total equity US$205.5 billion (2023)
OwnerBerkshire Hathaway (2.69%)
Number of employees
c. 239,000 (2023)
Subsidiaries
List of subsidiaries
  • Bank Handlowy (Poland)
  • Citibank Argentina
  • Citibank Australia
  • Citibank (United States)
  • Citibank Bahrain
  • Citibank China
  • Citibank Europe
  • Citi Private Bank
  • Citibank (Hong Kong)
  • Citibank India
  • Citigroup Global Markets Japan
  • Citibank Indonesia
  • Citibank Korea
  • Citibank Malaysia
  • Citibank Russia
  • Citibank Singapore
  • Citibank Uganda
  • Citibank United Arab Emirates
  • Citi Private Bank
  • Citi Global Wealth Management
  • Grupo Financiero Banamex
  • Beymen
  • Salomon Brothers
  • Nikko Cordial
  • Acciones y Valores de México (Acciones y Valores Banamex, Casa de Bolsa Integrante del Grupo Financiero Banamex)
  • Discover Student Loans
  • Yield Book
  • Citigroup Global Markets Inc
  • Metalmark Capital
  • Lava Trading
Capital ratioTier 1 15% (2023)
Websitecitigroup.com
Footnotes / references
[1]

Citigroup operates with two major divisions: Institutional Clients Group (ICG), which offers investment banking and corporate banking services, as well as treasury and trade solutions (TTS) and securities services such as custodian banking; and Personal Banking and Wealth Management (PBWM), which includes Citibank, a retail bank, the third largest issuer of credit cards,[2] as well as its wealth management business.

References

  1. "US SEC: 2023 Form 10-K Citigroup Inc". U.S. Securities and Exchange Commission. February 23, 2024.
  2. Luthi, Ben (May 2, 2023). "8 Biggest U.S. Credit Card Companies This Year". U.S. News & World Report.