Citi

Citigroup Inc., also known simply as Citi or stylized as Citi, is a New York City-based American global investment bank and financial services firm. Citigroup was founded when banking behemoth Citicorp and financial behemoth Travelers Group merged in 1998; Travelers was later split off as a separate firm. Citicorp, the parent business of Citibank, is a part of Citigroup, along with numerous other worldwide affiliates. Citigroup is a Delaware corporation.

Citigroup is the third-largest bank in the United States and one of the Big Four U.S. banks, along with JPMorgan Chase, Bank of America, and Wells Fargo. Many people believe it is too large to fail because the Financial Stability Board has designated it as a systemically significant bank. The bulk bracket includes eight of the most prominent investment banks in the world.

As of 2021, Citigroup is ranked 33rd on the Fortune 500. Citigroup conducts business in more than 160 countries and has over 200 million customer accounts. It had 357,000 workers before the financial crisis of 2007–2008, when it was bailed out by a major stimulus package from the United States government, and now it has 223,400 workers.

Citigroup is worth $91.06 billion as of April 2023. According to market capitalization, this places Citigroup in the 151st position worldwide. Citigroup is worth $91.06 billion as of April 2023. Based on its current market capitalization, Citigroup is the 151st most valuable corporation in the world. Recent financial filings by Citigroup reveal a trailing twelve-month (TTM) revenue of $75.30 billion. The company's revenue in 2021 was $72.22 billion, down from $75.76 billion in the previous year.

Founded: October 8, 1998
Headquarters: 388–390 Greenwich St.New York City, New York, U.S.
Website: citigroup.com