|Traded as||NYSE: C|
|Industry||Banking, Financial Services|
|Headquarters||Manhattan, NY 10013, US|
|Mr. Michael L. Corbat|
|Revenue||US$ 68.024 billion|
|US$ 24.144 billion|
|US$ 17.242 billion|
|Total assets||US$ 1731.210 billion|
|Total equity||US$ 221.857 billion|
Number of employees
is an American financial services company headquartered in New York and one of the four largest banks in America. The institution is a member of the 30 major banks, which are designated by the Financial Stability Board as “Systemically important”. It is therefore subject to special requirements with regard to equity and monitoring.
Citibank was founded in 1812 and the Citigroup was finally the result of the merger between of Citicorp and Travelers Group in 1998.
The Citigroup is divided into Citicorp and Citi Holdings. Citicorp deals with the private banking business, credit card business, corporate banking and investment banking, while “Citi Holding” is the internal “bad bank” of Citigroup.