Citigroup

With its headquarters in New York City, Citigroup Inc., also known as "Citi," is an American global investment bank and financial services company. Financial juggernaut Travelers Group and banking behemoth Citicorp merged to form the company in 1998; Travelers was later split off from the corporation in 2002. The holding company for Citibank, Citicorp, as well as a number of foreign subsidiaries are owned by Citigroup. Citigroup is a Delaware-based corporation.

Together with JPMorgan Chase, Bank of America, and Wells Fargo, Citigroup is one of the Big Four American banks and the third-largest financial institution in the country. The Financial Stability Board classifies it as a systemically important bank, and it is frequently referred to as being "too large to fail."

Together with JPMorgan Chase, Bank of America, and Wells Fargo, Citigroup is one of the Big Four American banks and the third-largest financial institution in the country. The Financial Stability Board classifies it as a systemically important bank, and it is frequently referred to as being "too large to fail." It belongs to the Bulge Bracket's eight international investment banks.

Citigroup's market capitalization as of March 2023 is $88.01 billion. By market cap, Citigroup is now the 154th most valuable corporation in the world. The most recent financial reports from Citigroup indicate that the company's current revenue (TTM) is $75.30 billion. The company's revenue in 2021, which was $72.22 billion, was lower than its revenue in 2020, which was $75.76 billion.

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