# Citibank

> American multinational bank

**Wikidata**: [Q857063](https://www.wikidata.org/wiki/Q857063)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Citibank)  
**Source**: https://4ort.xyz/entity/citibank

## Summary
Citibank is an American multinational bank founded in 1812 as the City Bank of New York, which later evolved into Citibank, N.A. in 1865. It is a subsidiary of Citigroup and operates as a global financial institution with a strong presence in banking, investment banking, and financial services. Citibank serves millions of customers worldwide through its extensive network of branches, digital platforms, and financial products.

## Key Facts
- **Founded**: June 16, 1812, as the City Bank of New York.
- **Renamed**: Became Citibank, N.A. in 1865.
- **Headquarters**: 388 Greenwich Street, New York City.
- **Subsidiary of**: Citigroup (since 1998).
- **Industry**: Banking, investment banking, financial services.
- **Stock Exchange**: Listed on the New York Stock Exchange (NYSE) under the ticker symbol C.
- **Revenue**: $81,139 million (2024).
- **Net Profit**: $12,682 million (2024).
- **Total Assets**: $1.792 trillion (2016).
- **Employees**: 219,000 (2016).
- **Owned By**: BlackRock (6.8%), The Vanguard Group (5.5%).
- **Founded By**: Sanford I. Weill.
- **CEO**: Jane Fraser (since 2021).
- **Board Members**: John Dugan, Grace Dailey, Barbara Desoer, Diana Taylor, Ernesto Zedillo.
- **Memberships**: Linux Foundation, C40 Cities Climate Leadership Group, Federal Association of German Banks.
- **Awards**: Public Eye Tax Award (2006).
- **Significant Events**: Citigroup 2005 data breach, Citigroup 2011 data breach, Citigroup 2013 data breach.
- **Website**: [www.citibank.com](http://www.citibank.com).
- **Slogan**: "Citi. Always On."
- **Sitelink Count**: 47 (Wikipedia links).

## FAQs
**What is Citibank's primary business focus?**
Citibank is an American multinational bank that focuses on providing a wide range of financial products and services, including consumer banking, corporate banking, investment banking, and wealth management. The bank is known for its global presence and extensive network of branches and digital platforms.

**Who founded Citibank, and when was it founded?**
Citibank was founded on June 16, 1812, as the City Bank of New York. It later evolved into Citibank, N.A. in 1865 and became a subsidiary of Citigroup in 1998.

**Where is Citibank headquartered, and how many employees does it have?**
Citibank is headquartered at 388 Greenwich Street in New York City. As of 2016, the bank employs approximately 219,000 people.

**What types of financial products and services does Citibank offer?**
Citibank offers a wide range of financial products and services, including consumer banking, corporate banking, investment banking, and wealth management. The bank's products and services are designed to meet the diverse needs of institutional and retail investors, businesses, and individuals.

**What is Citibank's revenue and net profit?**
Citibank's revenue for 2024 was $81,139 million, and its net profit was $12,682 million. The bank's total assets were $1.792 trillion as of 2016.

**What companies own Citibank?**
Citibank is owned by public shareholders, including BlackRock and The Vanguard Group. The bank is a subsidiary of Citigroup.

**What is Citibank's stock ticker symbol?**
Citibank's stock ticker symbol is C, and it is listed on the New York Stock Exchange.

**What is Citibank's slogan?**
Citibank's slogan is "Citi. Always On."

**What is Citibank's website?**
Citibank's official website is [www.citibank.com](http://www.citibank.com).

## Why It Matters
Citibank matters as a global leader in the financial services industry, playing a crucial role in the global economy. As an American multinational bank, it provides a wide range of financial products and services to institutional and retail investors, businesses, and individuals. The bank's global presence and extensive network of branches and digital platforms allow it to serve a diverse range of clients and provide access to international markets. Citibank's expertise in consumer banking, corporate banking, investment banking, and wealth management has a significant impact on the global economy, providing liquidity, stability, and growth opportunities for investors and businesses. The bank's commitment to innovation and technological advancements, such as the development of the ThankYou Rewards program, further enhances its position as a leader in the industry. Citibank's global presence and extensive network of branches and digital platforms contribute to its ability to meet the diverse needs of its clients and adapt to the evolving financial landscape. Overall, Citibank's significance lies in its role as a key player in the global financial system, driving economic growth and stability through its financial products and services.

## Notable For
- Being a global leader in the financial services industry.
- Providing a wide range of financial products and services, including consumer banking, corporate banking, investment banking, and wealth management.
- Having a strong global presence with headquarters in New York City.
- Being a subsidiary of Citigroup.
- Having a diverse and experienced leadership team, including CEO Jane Fraser.
- Being owned by public shareholders, including BlackRock and The Vanguard Group.
- Having a strong financial performance with significant revenue and net profit figures.
- Being a member of major stock market indices, including the S&P 500 and S&P 100.
- Having a strong commitment to innovation and technological advancements, such as the development of the ThankYou Rewards program.
- Having a diverse and experienced board of directors, including John Dugan, Grace Dailey, Barbara Desoer, Diana Taylor, and Ernesto Zedillo.
- Having a strong commitment to corporate social responsibility and community involvement.
- Having a significant global impact and influence on the financial services industry.
- Having a strong reputation for customer service and support.
- Having extensive research and analytics capabilities to support investment decisions.

## Body

### History and Founding
Citibank was founded on June 16, 1812, as the City Bank of New York. The bank has since evolved through mergers and acquisitions, including its merger with Travelers Group in 2008, and has become a global financial institution with operations in over 60 countries. Citibank's headquarters are located at 388 Greenwich Street in New York City, reflecting its commitment to being a global leader in the financial services industry.

### Corporate Structure and Leadership
Citibank operates as a subsidiary of Citigroup, a public company that offers its securities for sale to the general public. The bank is listed on the New York Stock Exchange under the ticker symbol C. Citibank is owned by public shareholders, including BlackRock and The Vanguard Group. The bank's leadership team includes CEO Jane Fraser, who has been with the company since 2021. The board of directors includes notable figures such as John Dugan, Grace Dailey, Barbara Desoer, Diana Taylor, and Ernesto Zedillo.

### Financial Products and Services
Citibank offers a wide range of financial products and services, including consumer banking, corporate banking, investment banking, and wealth management. The bank's products and services are designed to meet the diverse needs of institutional and retail investors, businesses, and individuals. Some of Citibank's notable products include Citibank, N.A., Citigroup Japan Holdings, and Financial Group Banamex.

### Financial Performance
Citibank has a strong financial performance, with revenue of $81,139 million and net profit of $12,682 million in 2024. The bank's total assets were $1.792 trillion as of 2016. These financial figures reflect Citibank's position as a leading player in the financial services industry and its ability to generate significant value for its shareholders.

### Global Presence and Operations
Citibank has a strong global presence, with headquarters in New York City. The bank operates in multiple countries, including the United States, Canada, Europe, Asia, and Australia. Citibank's global reach allows it to serve institutional and retail investors, businesses, and individuals worldwide, providing them with access to a wide range of financial products and services.

### Industry and Market Position
Citibank operates in the financial services, banking, and investment banking industries. The bank's strong financial performance and global presence have positioned it as a leader in the financial services industry. Citibank's commitment to innovation and technological advancements, such as the development of the ThankYou Rewards program, further enhances its position as a leader in the industry.

### Related Entities and Connections
Citibank is connected to various related entities, including BlackRock, The Vanguard Group, Citigroup, Citigroup Japan Holdings, and Financial Group Banamex. These entities have played a significant role in the bank's history, operations, and success. The bank's relationships with these entities reflect its commitment to innovation, global expansion, and meeting the diverse needs of its clients.

### Digital Presence and Media
Citibank maintains a strong digital presence, with a website and various social media accounts. The bank uses its digital platforms to engage with investors, promote its products and services, and enhance its brand image. Citibank's digital presence has contributed to its global reach and market dominance.

### Awards and Recognition
Citibank has received numerous awards and recognition for its contributions to the financial services industry and its commitment to innovation and technological advancements. The bank's achievements and contributions have been acknowledged and celebrated, further enhancing its reputation as a leader in the industry.

### Community Involvement and Corporate Social Responsibility
Citibank is involved in various corporate social responsibility initiatives, including the ThankYou Rewards program. The bank also supports education, financial literacy, and community development programs. Citibank's commitment to corporate social responsibility is reflected in its extensive research and analytics capabilities, which provide insights and analysis on market trends, economic conditions, and investment strategies.

### Conclusion
Citibank is a global leader in the financial services industry, playing a crucial role in the global economy. As an American multinational bank, it provides a wide range of financial products and services to institutional and retail investors, businesses, and individuals. The bank's global presence and extensive network of branches and digital platforms allow it to serve a diverse range of clients and provide access to international markets. Citibank's expertise in consumer banking, corporate banking, investment banking, and wealth management has a significant impact on the global economy, providing liquidity, stability, and growth opportunities for investors and businesses. The bank's commitment to innovation and technological advancements, such as the development of the ThankYou Rewards program, further enhances its position as a leader in the industry. Citibank's global presence and extensive network of branches and digital platforms contribute to its ability to meet the diverse needs of its clients and adapt to the evolving financial landscape. Overall, Citibank's significance lies in its role as a key player in the global financial system, driving economic growth and stability through its financial products and services.

## References

1. [Source](https://www.unepfi.org/net-zero-banking/members/)
2. Open ISNI for Organizations
3. Virtual International Authority File
4. CiNii Research
5. [Source](http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=33984556)
6. [Source](https://alpha-omega.dev/)
7. Freebase Data Dumps. 2013
8. Global LEI Index
9. [Source](http://banks-america.com/swift-code/citibank-na/)
10. Aligned ISNI and Ringgold identifiers for institutions
11. [Citibank | Logopedia | Fandom](https://logos.fandom.com/wiki/Citibank)
12. [Source](https://golden.com/wiki/Citibank-RY465)
13. National Library of Israel Names and Subjects Authority File
14. Name Suggestion Index
15. [European Register of Market Participants](https://www.acer-remit.eu/portal/export-public-eu-register)