# Citigroup

> American investment bank and financial services corporation

**Wikidata**: [Q219508](https://www.wikidata.org/wiki/Q219508)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Citigroup)  
**Source**: https://4ort.xyz/entity/citigroup

## Summary

Citigroup is a financial services organization headquartered at 388 Greenwich Street[1]. It operates as a limited liability company[2] and was founded by Sanford I. Weill. The company functions within the financial services, banking, and International Standard Industrial Classification sectors, specifically focusing on financial service activities excluding insurance and pension funding[3][4].Citigroup’s primary products include bank credit and insurance. As of 2013, the organization employed approximately 251,000 individuals.

## Summary
Citigroup is an American investment bank and financial services corporation. It is a public company that offers its securities for sale to the general public, primarily through the New York Stock Exchange. Founded in 1812, Citigroup has 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.

## Key Facts
- **Founded**: June 16, 1812, as the City Bank of New York.
- **Headquarters**: 388 Greenwich Street, New York City.
- **Legal Form**: Delaware corporation.
- **Industry**: Financial services, banking, investment banking.
- **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%).
- **Subsidiaries**: Citibank, Citigroup Japan Holdings, Financial Group Banamex.
- **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.citigroup.com](http://www.citigroup.com).
- **Slogan**: "Citi. Always On."
- **Sitelink Count**: 49 (Wikipedia links).

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

**Who founded Citigroup, and when was it founded?**
Citigroup was founded on June 16, 1812, as the City Bank of New York. The company 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.

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

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

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

**What companies own Citigroup?**
Citigroup is owned by public shareholders, including BlackRock and The Vanguard Group. The company is a public company listed on the New York Stock Exchange.

**What are some of Citigroup's most famous products or services?**
Citigroup offers a range of products and services, including investment banking, consumer banking, corporate banking, and wealth management. Some of its notable products include Citibank, Citigroup Japan Holdings, and Financial Group Banamex.

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

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

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

## Why It Matters
Citigroup matters as a global leader in the financial services industry, playing a crucial role in the global economy. As an American investment bank and financial services corporation, it provides a wide range of financial products and services to institutional and retail investors, businesses, and individuals. The company's global presence and extensive network of subsidiaries and partnerships allow it to serve a diverse range of clients and provide access to international markets. Citigroup's expertise in investment banking, consumer banking, corporate banking, and wealth management has a significant impact on the global economy, providing liquidity, stability, and growth opportunities for investors and businesses. The company'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. Citigroup's global presence and extensive network of subsidiaries and partnerships contribute to its ability to meet the diverse needs of its clients and adapt to the evolving financial landscape. Overall, Citigroup'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 investment banking, consumer banking, corporate banking, and wealth management.
- Having a strong global presence with headquarters in New York City.
- Being a public company listed on the New York Stock Exchange.
- 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
Citigroup was founded on June 16, 1812, as the City Bank of New York. The company 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. Citigroup'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
Citigroup operates as a public company, offering its securities for sale to the general public. The company is listed on the New York Stock Exchange under the ticker symbol C. Citigroup is owned by public shareholders, including BlackRock and The Vanguard Group. The company'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
Citigroup offers a wide range of financial products and services, including investment banking, consumer banking, corporate banking, and wealth management. The company's products and services are designed to meet the diverse needs of institutional and retail investors, businesses, and individuals. Some of Citigroup's notable products include Citibank, Citigroup Japan Holdings, and Financial Group Banamex.

### Financial Performance
Citigroup has a strong financial performance, with revenue of $81,139 million and net profit of $12,682 million in 2024. The company's total assets were $1.792 trillion as of 2016. These financial figures reflect Citigroup'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
Citigroup has a strong global presence, with headquarters in New York City. The company operates in multiple countries, including the United States, Canada, Europe, Asia, and Australia. Citigroup'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
Citigroup operates in the financial services, banking, and investment banking industries. The company's strong financial performance and global presence have positioned it as a leader in the financial services industry. Citigroup'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
Citigroup is connected to various related entities, including BlackRock, The Vanguard Group, Citibank, Citigroup Japan Holdings, and Financial Group Banamex. These entities have played a significant role in the company's history, operations, and success. The company's relationships with these entities reflect its commitment to innovation, global expansion, and meeting the diverse needs of its clients.

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

### Awards and Recognition
Citigroup has received numerous awards and recognition for its contributions to the financial services industry and its commitment to innovation and technological advancements. The company'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
Citigroup is involved in various corporate social responsibility initiatives, including the ThankYou Rewards program. The company also supports education, financial literacy, and community development programs. Citigroup'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
Citigroup is a global leader in the financial services industry, playing a crucial role in the global economy. As an American investment bank and financial services corporation, it provides a wide range of financial products and services to institutional and retail investors, businesses, and individuals. The company's global presence and extensive network of subsidiaries and partnerships allow it to serve a diverse range of clients and provide access to international markets. Citigroup's expertise in investment banking, consumer banking, corporate banking, and wealth management has a significant impact on the global economy, providing liquidity, stability, and growth opportunities for investors and businesses. The company'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. Citigroup's global presence and extensive network of subsidiaries and partnerships contribute to its ability to meet the diverse needs of its clients and adapt to the evolving financial landscape. Overall, Citigroup'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. Citigroup 2016 Form 10-K
2. [Source](https://www.lobbyfacts.eu/datacard/citigroup-inc?rid=00353757573-57)
3. [Source](http://www.citigroup.com/citi/investor/quarterly/2016/ar16cp.pdf)
4. GRID Release 2017-01-10
5. Virtual International Authority File
6. [Source](https://www.sec.gov/Archives/edgar/data/831001/000083100117000038/citi-exhibit2101x12x31x2016.htm)
7. [Source](https://www.ishares.com/us/products/239723/ishares-sp-100-etf)
8. Polygon.io
9. Source
10. 20th Century Press Archives
11. [Source](https://www.linuxfoundation.org/membership/members/)
12. [Source](http://www.heise.de/tp/bild/35/35074/35074_1.html)
13. Bundestag Lobby Register
14. [Source](https://www.c40.org/wp-content/uploads/2024/01/C40-2017-Annual-Report-ORIGINAL_compressed.pdf)
15. ROR release v1.19
16. Freebase Data Dumps. 2013
17. [Source](https://www.nytimes.com/2005/06/07/business/07data.html)
18. [Source](http://www.pcworld.com/article/229891/Citigroup_Hack_Nets_Over_200k_in_Stolen_Customer_Details.html)
19. [Source](http://news.softpedia.com/news/Citi-Exposes-Details-of-150-000-Individuals-Who-Went-into-Bankruptcy-369979.shtml)
20. Global LEI Index
21. [Source](http://km.aifb.kit.edu/services/crunchbase/)
22. [Source](http://www.citigroup.com/citi/investor/data/qer415s.pdf?ieNocache=840)
23. [Form 10-K](https://www.sec.gov/ix?doc=/Archives/edgar/data/0000831001/000083100121000042/c-20201231.htm)
24. [Form 10-K](https://www.sec.gov/ix?doc=/Archives/edgar/data/0000831001/000083100122000036/c-20211231.htm)
25. [Form 10-K. 2010](https://www.sec.gov/Archives/edgar/data/0000831001/000120677410000406/citi_10k.htm)
26. [Form 10-K. 2011](https://www.sec.gov/Archives/edgar/data/0000831001/000120677411000316/citigroup_10k.htm)
27. [Form 10-K. 2012](https://www.sec.gov/Archives/edgar/data/0000831001/000120677412000799/citigroup_10k.htm)
28. [Form 10-K. 2013](https://www.sec.gov/Archives/edgar/data/0000831001/000110465913067493/a13-19320_18k.htm)
29. [Form 10-K. 2014](https://www.sec.gov/Archives/edgar/data/0000831001/000110465914015152/a14-3681_610k.htm)
30. [Form 10-K. 2020](https://www.sec.gov/Archives/edgar/data/0000831001/000083100120000031/c-12312019x10k.htm)
31. [Form 10-K. 2023](https://www.sec.gov/Archives/edgar/data/0000831001/000083100123000037/c-20221231.htm)
32. [Form 10-K. 2024](https://www.sec.gov/Archives/edgar/data/0000831001/000083100124000033/c-20231231.htm)
33. [Form 10-K. 2025](https://www.sec.gov/Archives/edgar/data/0000831001/000083100125000067/c-20241231.htm)
34. [Source](http://www.reuters.com/finance/stocks/overview?symbol=C.N)
35. [Source](https://finance.yahoo.com/quote/C/)
36. [Source](https://www.sec.gov/ix?doc=/Archives/edgar/data/831001/000083100120000031/c-12312019x10k.htm)
37. [Form 10-K. 2021](https://www.sec.gov/Archives/edgar/data/0000831001/000083100121000042/c-20201231.htm)
38. [Form 10-K. 2022](https://www.sec.gov/Archives/edgar/data/0000831001/000083100122000059/c-20220510.htm)
39. GRID Release 2016-12-06
40. EU Transparency Register
41. [Source](https://www.citigroup.com/citi/about/leaders/ellen-costello-bio.html)
42. [press release](https://www.citigroup.com/citi/news/2019/190904b.htm)
43. [Source](https://www.citigroup.com/citi/about/leaders/barbara-desoer-bio.html)
44. [Source](https://www.sec.gov/Archives/edgar/data/831001/000120677420000777/citi3648191-def14a.htm)
45. [Source](https://www.sec.gov/Archives/edgar/data/831001/000120677421000735/citi3828191-def14a.htm)
46. [Source](https://www.citigroup.com/citi/about/leaders/duncan-hennes-bio.html)
47. [Source](https://www.citigroup.com/citi/about/leaders/peter-henry-bio.html)
48. [Source](https://www.citigroup.com/citi/about/leaders/s-leslie-ireland-bio.html)
49. [Source](https://www.citigroup.com/citi/about/leaders/jay-jacobs-bio.html)
50. [Source](https://www.sec.gov/Archives/edgar/data/831001/000120677422000697/citi3969751-def14a.htm)