Citigroup

Citigroup Inc., an American multinational investment bank and financial services corporation, was founded in 1812 as the City Bank of New York. Over the years, it has grown into one of the world's largest banking institutions. Citigroup has over 200 million customer accounts and operates in more than 160 countries.

Industry

Banking and Financial Services

Company Size

With a workforce exceeding 240,000 employees, the company boasts a vast talent pool.

Product, Services and Operations

Citigroup provides a wide range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade, and securities services, and wealth management.

Funding Details

As a publicly traded company, Citigroup's funding comes from its operations and the sale of its stock. As of 2021, its market capitalization is approximately $149 billion.

Acquisitions

Citigroup has made several notable acquisitions, including Salomon Brothers, Schroders, and Banamex.

Awards and Achievements

Citigroup has received numerous awards and recognitions, including being named the "World's Best Bank" by Euromoney in 2018.

Revenue

Citigroup revenue for the twelve months ending September 30, 2023 was US $147.269billion