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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 Finance IPO subscribed 1.99 times

July 29, 2011 4:55 pm

The initial public offer of L&T Finance Holdings was subscribed 1.99 times on the day of issue.

Citi has $22 bn exposure to 5 European nations

July 17, 2011 7:44 pm

Citi fought the financial meltdown with American taxpayers' money.

Pace of global mergers takes a mid-year pause

July 06, 2011 2:05 am

The revival in mergers this year has taken some time to catch its breath.

Citi revises inflation forecast for India to 8.6%

June 19, 2011 1:29 pm

It also said that headline inflation in the country is likely to be 8 per cent by March 2012.

360,000 cards hacked in May attack: Citigroup

June 16, 2011 10:55 am

Data breach affected over 80 per cent more accounts than Citigroup had initially reported.

Citigroup cuts stake in HDFC to 9.9%

June 14, 2011 9:26 am

Citigroup said it had no plans to sell any additional shares of HDFC.

IMF becomes latest target of major cyber attack

June 12, 2011 11:46 am

A cyber-security expert said that intruders' goal had been to install software in the IMF network.

Monsoon failure could dip growth to 7.6%

June 05, 2011 2:14 pm

Citigroup has said that it expects India's economy to grow by 8.1 per cent in 2011-12.

Hedge funds sell faltering U.S. banks

June 01, 2011 9:31 am

Smart money is getting out while the getting is good.

Citigroup awards $16 mn to Pandit for outstanding job

May 20, 2011 12:21 am

Pandit has been taking home a token $1 salary from Citigroup since 2009

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