Citigroup Company Description
This is the Citi. One of the largest financial services firms on the planet, Citigroup (aka Citi) has more than 3,000 bank branches and consumer finance offices in the US and Canada, plus more than 2,000 additional locations in about 100 other countries. The first US bank with more than $1 trillion in assets, Citigroup and its many subsidiaries offer deposits and loans (mainly through Citibank), credit cards, investment banking, brokerage, wealth management, alternative investments, and a panoply of other retail and corporate financial services. Former CEO Chuck Prince resigned in late 2007 as Citigroup deals with some $45 billion in writedowns of subprime mortgage-related securities and other investments.
View the Comprehensive Company Description for Citigroup
The Company Description provides a historical perspective of Citigroup's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Citigroup's evolution in the marketplace.
