Citi

Citi, legally Citigroup Inc., is an American multinational financial services corporation. Headquartered in New York City, it operates in consumer banking, corporate and investment banking, securities trading, and wealth management. It is one of the largest financial institutions in the world by assets and geographic reach, with operations in more than 160 countries and territories and a network of retail banking centers under the Citibank brand.

Citi traces its modern form to the 1998 merger of Citicorp and Travelers Group, creating Citigroup. The merger occurred amid a wave of consolidation in the financial industry and was followed by regulatory changes that broadened the scope of financial services. Since then, Citi has reorganized to focus on core businesses and global markets, navigating regulatory environments and the aftermath of the 2008 financial crisis.

The company provides a range of services including consumer banking and wealth management for individuals, and corporate and investment banking services for institutions and governments. It also engages in securities trading, capital markets activities, and global transaction services, with a cross-border footprint that spans developed and emerging markets.

Leadership and governance: Jane Fraser has served as Chief Executive Officer and Chairwoman since 2021, becoming the first woman to lead a major U.S. bank. Citi is listed on the New York Stock Exchange under the ticker C and maintains a diversified global operations base.