Citigroup (NYSE:C) is a leading global financial services organization that provides a broad range of banking, investment, and wealth management solutions. Headquartered in New York City, Citigroup was formed in 1998 through the merger of Citicorp and Travelers Group, creating one of the world’s largest diversified financial institutions. The company’s mission is to responsibly provide financial services that enable growth and economic progress around the globe, leveraging its deep industry expertise and extensive network.
Citigroup operates through two core segments: Global Consumer Banking and Institutional Clients Group. Global Consumer Banking offers retail banking, credit card services, personal loans, mortgages and small business banking to millions of customers. The Institutional Clients Group caters to corporations, governments, and institutional investors with services such as investment banking, treasury and trade solutions, markets and securities services, and corporate lending. Citigroup also provides wealth management and private banking solutions to high-net-worth individuals.
With a presence in over 160 countries, Citigroup serves diverse markets across North America, Latin America, Europe, the Middle East, Africa and Asia Pacific. This extensive geographic footprint enables the firm to facilitate cross-border transactions, support multinational clients, and capitalize on growth opportunities in emerging economies. Citigroup’s long-standing global network positions it to manage complex financial needs and deliver integrated solutions to clients wherever they operate.
Citigroup is led by CEO Jane Fraser, who in 2021 became the first woman to head a major U.S. bank. Under her leadership, the firm has placed renewed emphasis on risk management, digital innovation and environmental, social and governance (ESG) initiatives. The executive team includes experienced financial services professionals overseeing operations, technology, regulatory affairs and client relationship management, all focused on advancing Citigroup’s commitment to responsible growth and sustainable value creation.
