Citigroup (NYSE:C), trading as NYSE:C, is a leading global financial services institution that provides a broad range of banking and financial products to consumers, corporations, governments and institutions. The company traces its roots back to the City Bank of New York, founded in 1812, and has evolved through strategic mergers and acquisitions, most notably the 1998 merger of Citicorp and Travelers Group. Today, Citigroup serves customers through two primary business segments: Global Consumer Banking and Institutional Clients Group.
Global Consumer Banking offers traditional banking services, including checking and savings accounts, mortgage and personal loans, credit cards, wealth management and small-business banking solutions. This segment operates under the Citi and CitiBank brands in over 50 markets worldwide, focusing on delivering seamless digital experiences alongside a network of branches and ATMs. Institutional Clients Group caters to corporations, financial institutions, public sector entities and high-net-worth clients with services such as investment banking, treasury and trade solutions, securities and fund services, and capital markets access.
With operations spanning more than 100 countries, Citigroup maintains a significant presence in developed and emerging markets across the Americas, Europe, the Middle East and Asia-Pacific. This extensive geographic footprint enables the company to facilitate cross-border transactions, support international trade and offer local expertise to multinational clients. Citigroup’s global reach is supported by a robust technology infrastructure that emphasizes risk management, compliance and cybersecurity.
Since March 2021, CEO Jane Fraser has led Citigroup as the first woman to helm a major Wall Street bank, driving initiatives focused on digital innovation, sustainability and client-centric solutions. Under her leadership, Citigroup continues to leverage its historic legacy and global network to address evolving market demands, strengthen client relationships and pursue long-term growth opportunities in the financial services industry.