What does Citigroup mean?

Definitions for Citigroup
cit·i·group

This dictionary definitions page includes all the possible meanings, example usage and translations of the word Citigroup.


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Wikipedia

  1. Citigroup

    Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002. Citigroup owns Citicorp, the holding company for Citibank, as well as several international subsidiaries. Citigroup is incorporated in Delaware. Citigroup is the third largest banking institution in the United States; alongside JPMorgan Chase, Bank of America, and Wells Fargo, it is one of the Big Four banking institutions of the United States. It is considered a systemically important bank by the Financial Stability Board and is commonly cited as being too big to fail. It is one of the nine global investment banks in the Bulge Bracket. Citigroup is ranked 33rd on the Fortune 500 as of 2021. Citigroup has approximately 200 million customer accounts and does business in more than 160 countries. It has 223,400 employees, although it had 357,000 employees before the financial crisis of 2007–2008, when it was bailed out by a massive stimulus package from the U.S. government.In 2020 it was one of the largest securities services providers, having over $23.6 trillion in assets under custody (AUC) In February 2021 CEO Michael Corbat was replaced by Jane Fraser, who became the first woman CEO of a Big Four bank.

Wikidata

  1. Citigroup

    Citigroup Inc. or Citi is an American multinational banking and financial services corporation headquartered in Manhattan, New York City. Citigroup was formed from one of the world's largest mergers in history by combining the banking giant Citicorp and financial conglomerate Travelers Group in October 1998. As of 2008 it was the third largest bank holding company in the US by assets. Its largest shareholders include funds from the Middle East and Singapore. At its height until the global financial crisis of 2008 Citigroup was the largest company and bank in the world by total assets with 357,000 employees. In 2007, Citigroup was one of the primary dealers in US Treasury securities. Citigroup had the world's largest financial services network, spanning 140 countries with approximately 16,000 offices worldwide and holds over 200 million customer accounts in more than 140 countries. Citigroup suffered huge losses during the global financial crisis of 2008 and was rescued in November 2008 in a massive stimulus package by the U.S. government.

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Numerology

  1. Chaldean Numerology

    The numerical value of Citigroup in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of Citigroup in Pythagorean Numerology is: 1

Examples of Citigroup in a Sentence

  1. Vincent Briganti:

    It is their position and our belief that there was no internal false reporting by any submitters, an early settlement with Citigroup made sense.

  2. Elizabeth Warren:

    Congress should not put taxpayers on the hook for another bailout, and this giveaway that was drafted by Citigroup lobbyists has not place in a critical government funding bill.

  3. Mike Mayo:

    This is a groundbreaking for Wall Street, banking and finance, citigroup is leading by example by adding diversity to the top of the firm when our country is crying out for this more than ever before. History has been made today.

  4. Elizabeth Warren:

    Congress should not put taxpayers on the hook for another bailout, and this giveaway that was drafted by Citigroup lobbyists has no place in a critical government funding bill.

  5. Ken Moore:

    They [Citigroup’s blockchains] are all within the labs just now, so there is no real money passing through these systems yet, they are at a pre-production level, to be clear.

Popularity rank by frequency of use

Citigroup#10000#25399#100000

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"Citigroup." Definitions.net. STANDS4 LLC, 2024. Web. 29 Mar. 2024. <https://www.definitions.net/definition/Citigroup>.

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