"Citigroup Inc. or Citi (stylized as citi) is an American multinational financial investment financial institution and financial services firm headquartered in New York City. The business was formed by the merging of banking gigantic Citicorp and also monetary conglomerate Travelers Group in 1998; Travelers was consequently dilated from the firm in 2002. Citigroup owns Citicorp, the holding firm for Citibank, in addition to a number of worldwide subsidiaries. Citi is included in NY.

Citigroup is placed third on the checklist of biggest financial institutions in the USA as well as, alongside JPMorgan Chase, Financial Institution of America, and also Wells Fargo, it is among the Big Four financial institutions of the USA. It is a systemically vital financial institution as well as is on the list of systemically essential financial institutions that are generally mentioned as being too huge to fall short. It is one of the 9 global financial investment banks in the Bulge Bracket.

Citigroup is rated 30th on the Lot of money 500 since 2019. Citigroup has more than 200 million client accounts and does business in greater than 160 nations. It has 214,000 employees, although it had 357,000 employees before the economic dilemma of 2007-2008, when it was saved using a massive stimulus package by the U.S. federal government."