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Company Profile

Company Info

Citigroup Inc.
New York, NY, United States

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Company Description:


Citigroup Inc. or Citi is an American multinational investment banking and financial services corporation headquartered in Manhattan, New York City. Citigroup was formed from one of the world's largest mergers in history by combining the banking giant Citicorp and financial conglomerate Travelers Group in October 1998 (announced on April 7, 1998). As of January 2015, it is the third largest bank holding company in the US by assets. Its largest shareholders include funds from the Middle East and Singapore.
IndustryBanking, Financial services
PredecessorCiticorp, Travelers Group
FoundedJune 16, 1812; 204 years ago
Headquarters388-390 Greenwich Street, New York, NY 10013, U.S.
Area servedWorldwide
Key peopleMichael E. O'Neill(Chairman), Michael Corbat(CEO)
ProductsCredit cards, consumer banking, corporate banking, investment banking, global wealth management, financial analysis
RevenueUS$76.40 billion (2015)
Operating incomeUS$25.09 billion (2015)
Net incomeUS$17.24 billion (2015)
Total assetsUS$1.801 trillion (2016)
Total equityUS$221.8 billion (2015)
Number of employees239,000 (2015)
SubsidiariesCitibank, Banamex, CitiMortgage, CitiBranded Cards, Citi Private Bank, Citibank India, Citi Securities & Banking, Nikko Citigroup, Railmark Holdings, Salomon BIG, Sedna Finance
Capital ratio10.1% (2015)

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