"Citigroup Inc. or Citi (stylised as citi) is an American multinational financial investment financial institution and also financial solutions firm headquartered in New York City. The business was created by the merger of banking giant Citicorp as well as economic corporation Travelers Group in 1998; Travelers was ultimately dilated from the company in 2002. Citigroup owns Citicorp, the holding firm for Citibank, along with several international subsidiaries. Citi is integrated in NY.

Citigroup is placed 3rd on the checklist of largest financial institutions in the USA and also, alongside JPMorgan Chase, Financial Institution of America, and also Wells Fargo, it is one of the Big 4 banks of the United States. It is a systemically important banks and also is on the listing of systemically crucial banks that are commonly cited as being too huge to stop working. It is among the 9 international investment financial institutions in the Bulge Bracket.

Citigroup is rated 30th on the Lot of money 500 as of 2019. Citigroup has over 200 million client accounts and also does business in greater than 160 countries. It has 214,000 employees, although it had 357,000 staff members before the economic crisis of 2007-2008, when it was saved using a substantial stimulation bundle by the U.S. federal government."