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Citigroup

Citigroup: A Colossus of Global Finance Citigroup Inc, or Citi, is a major player in the global financial landscape, a multinational investment bank and financial services corporation headquartered in New York City. Established in 1998 through the merger of Citicorp and Travelers—the latter su...

Citigroup Overview

Citigroup Image Source : Wikipedia
  • Company type Public
  • Industry Financial services
  • Founded October 8, 1998
  • Headquarters 388 Greenwich Street, New York City, U.S.
  • Area served Worldwide
  • Key people John C. Dugan (chairman), Viswas Raghavan (Executive Vice Chairman), Jane Fraser (CEO), Mark Mason (CFO)
  • Revenue US$81.14 billion (2024)
  • Net income US$12.68 billion (2024)
  • Website www.citigroup.com

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Citigroup history

Last Updated : 24/03/25, 11:26 PM
Citigroup: A History of Mergers, Innovation, and Crisis Citigroup, formed in 1998 from the merger of Citicorp and Travelers, became the world's largest financial services organization. Its origins trace back to the City Bank of New York, chartered in 1812. Early growth saw it become the largest bank...

CITIGROUP NEWS

Citigroup profit falls on brokerage unit writedown

October 16, 2012 12:58 am

Citigroup made more money from mortgage lending and trading stocks and bonds in the third quarter,but profit dropped after it wrote down the value of its retail brokerage business by $4.7 billion

Citi raises Unitech to 'buy'

October 12, 2012 12:19 pm

Citigroup upgrades India's Unitech to 'buy' from 'neutral' and raises its target price to 38 rupees from 27 rupees.

Maruti Suzuki enjoying higher sales: Citi

October 09, 2012 11:09 am

Maruti Suzuki is seeing signs of improving demand in the festival season.

HDFC stake sale: Carlyle raises $841 mn

October 05, 2012 9:32 am

US private-equity firm Carlyle Group has raised $841 million by selling its 3.7% stake in HDFC.

Sandy Weill ruffles bankers’ feathers with his breakup call

July 28, 2012 12:41 am

Sandy Weill has a lot of convincing to do.

Lupin shares to sustain record: Citi

July 16, 2012 3:03 pm

Citigroup raises its target price of drug maker Lupin to 640 rupees

New York Fed was aware of false reporting on Libor

July 15, 2012 3:11 am

The Federal Reserve Bank of New York learned in April 2008,as the financial crisis was brewing,that at least one bank was reporting false interest rates.

Delhi most competitive: Economist

June 25, 2012 10:09 am

However,Citigroup study ranked Delhi at 68 in the list of 120 of the world's major cities.

Nasdaq plans $40 mn in Facebook compensation

June 07, 2012 1:00 am

Nasdaq OMX Group Inc said it will offer cash and rebates totaling $40 million to compensate clients affected by the problems with Facebook Inc’s initial public offering.

Exxon Mobil tops Fortune 500 US list

May 10, 2012 1:10 am

Vikram Pandit-run Citigroup was ranked 20th,followed by Indra Nooyi-led Pepsico (41).

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