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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

'L&T hasn't appointed Citi for Hexaware'

March 10, 2012 11:55 am

L&T rubbished reports in media that the co has appointed Citi for possible takeover of Hexaware.

'Facebook adding banks for IPO'

March 03, 2012 10:04 am

Deutsche Bank,Credit Suisse and Citigroup are among banks that will likely be added,say sources.

Citi sells entire stake in HDFC for Rs 9,327 crore

February 25, 2012 1:12 am

During the day,the scrip had dropped by 5 per cent to touch a low of Rs 665.30.

RIL raises additional $500 mn via bonds

February 25, 2012 12:48 am

The issue managed by Barclays,Citigroup and HSBC was oversubscribed 7.5 times as the order book aggregated to $3.73 billion.

RBI may cut interest rate by 100 bps in 2012: Citi

February 19, 2012 12:15 pm

The report,however,said that the central bank's rate cuts will begin only in April.

Kodak moment fades,130-year-old firm files for bankruptcy

January 19, 2012 1:42 pm

Company,which invented hand-held camera,obtains a $950 mn credit facility from Citigroup.

Forex reserves hit year low

January 14, 2012 12:49 am

India’s forex reserves fell by $3.15 billion to $293.541 billion in the week to January 6,2012,from $296.668 billion in the week to December 30.

BG likely to offload stake in Gujarat Gas for $600 mn

December 14, 2011 12:53 am

BG,the oil and gas producer,has lined up Citigroup to advise on a potential sale of its stake in Gujarat Gas in a deal that could raise about $600 million,say people familiar with the matter

Modest bonus year on Wall St,but stock could yield fortunes

December 05, 2011 12:26 am

“Not all banks may do well in the long run,but most will.”

Inflation to remain high till Dec: Citi

November 20, 2011 2:53 pm

Citi's projection of fiscal-end inflation of 7.8% is higher than the 7% forecast made by the RBI.

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