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Citigroup
Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services company based in New York City. The company was formed in 1998 by the merger of Citicorp, the bank holding company for Citibank, and The Travelers Companies, Travelers; Travelers was spun off from the company in 2002. Citigroup is the List of largest banks in the United States, third-largest banking institution in the United States by assets; alongside JPMorgan Chase, Bank of America, and Wells Fargo, it is one of the Big Four (banking)#United States, Big Four banking institutions of the United States. It is considered a Systemically important financial institution, systemically important bank by the Financial Stability Board, and is commonly cited as being "too big to fail". It is one of the eight global investment banks in the Bulge Bracket. Citigroup is ranked 36th on the Fortune 500, ''Fortune'' 500, and was ranked #24 in Fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Citibank
Citibank, N.A. ("N. A." stands for "National bank (United States), National Association"; stylized as citibank) is the primary U.S. banking subsidiary of Citigroup, a financial services multinational corporation, multinational corporation. Citibank was founded in 1812 as City Bank of New York, and later became First National City Bank of New York. The bank has branch (banking), branches in 19 countries. The U.S. branches are concentrated in six metropolitan areas: New York City, Chicago, Los Angeles, San Francisco, Washington, D.C., and Miami. As of 2023, Citibank is the third-largest bank in the United States in terms of assets. History Founding 19th century The City Bank of New York was founded on June 16, 1812. The first president of the City Bank was the statesman and retired Colonel, Samuel Osgood. After Osgood's death in August 1813, William Few became President of the bank, staying until 1817, followed by Peter Stagg (1817–1825), Thomas Smith (1825–1827), Isaac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jane Fraser (executive)
Jane Fraser (born 13 July 1967) is a British-American banking executive who is the chief executive officer (CEO) of Citigroup, a position she has held since March 2021. Educated at Girton College, Cambridge, and Harvard Business School, she worked at McKinsey & Company for 10 years, rising to partner prior to joining Citigroup in 2004. In 2019, she was named president of Citigroup and CEO of its consumer banking division. In September 2020, Citigroup announced that she would replace Michael Corbat as CEO of Citigroup Inc. in February 2021, becoming the first woman to head a major U.S. bank. She was included on ''Fortune'' "Most Powerful Women in Business" list in 2014 and 2015 and has been called the "Number 1 Woman to Watch" for two consecutive years by ''American Banker''. She was named the seventh most powerful woman in the world for 2023 by ''Forbes''. She currently serves as a member of the President's Export Council. Early life and education Jane Fraser was born on 13 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Travelers Companies
The Travelers Companies, Inc., commonly known as Travelers, is an American multinational insurance company. It is the second-largest writer of U.S. commercial property casualty insurance, and the sixth-largest writer of U.S. personal insurance through independent agents. Travelers is incorporated in Minnesota, with headquarters in New York City, and its largest office in Hartford, Connecticut. It has been a component of the Dow Jones Industrial Average since June 8, 2009. The company has field offices in every U.S. state, plus operations in the United Kingdom, Ireland, Singapore, China, Canada, and Brazil. Travelers ranked No. 98 in the 2021 Fortune 500 list of the largest United States corporations with total revenue of $32 billion. History The main predecessor companies of The Travelers Companies, Inc. are The St. Paul Companies, Inc. and Travelers Property Casualty Corporation. Saint Paul Fire and Marine Insurance Co. was founded March 5, 1853, in Saint Paul, Minnesota, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Citibank Australia
Citibank Australia was the division of Citigroup that operated in Australia. In June 2022, the division was sold to National Australia Bank. History In 1916, National City Bank (now Citibank) applied to open an office in Australia. In 1977, Citicorp Australia Holdings was formed and acquired 100% of Industrial Acceptance Corporation. In 1985, Citibank was one of a group of 16 foreign banks to be granted the first foreign banking licences in Australia. It came after decades of mistrust between the Australian labour movement and large banks. In 1999, Diners Club Australia was acquired by Citibank. In 2001, Citigroup Centre, Sydney was completed, 50% owned by GPT Group. In June 2022, Citigroup sold its Australian consumer banking division to the National Australia Bank (NAB), for A$1.2 billion (US$882 million). See also * Banking in Australia * List of banks * List of banks in Australia * List of banks in Oceania This is a list of banks in Oceania Australia Centr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Citibank China
Citibank (China) Company Limited ("CCCL") () is the division of Citigroup that operates in China. It currently only serves institutional businesses. It is headquartered in Citigroup Tower in Shanghai. History Citibank was the first U.S. bank to operate in China; its predecessor, International Banking Corp., opened an office in 1902. It ceased operations upon the start of World War II but resumed operations in 1985. In 2007, the bank was one of the first to receive approval for incorporation in China and in August 2007, the bank received approval to issue debit cards. In 2023, Citigroup sold its consumer business in China, which had $3.6 billion in assets under management, to HSBC HSBC Holdings plc ( zh, t_hk=滙豐; initialism from its founding member The Hongkong and Shanghai Banking Corporation) is a British universal bank and financial services group headquartered in London, England, with historical and business li .... References External links * Citigroup ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Citibank Argentina
Citibank Argentina is a commercial bank and financial services company and a subsidiary of Citigroup. It currently provides institutional services. In 2016, its retail operations were sold to Banco Santander Río. Overview Citibank Argentina was established in 1914 as the Buenos Aires branch of the National City Bank of New York, and the first of any United States bank in Argentina. The bank remained a secondary name in Argentine banking; but earned renown for the quality of its services: its Paylink payment processing network made it the first bank in Argentina to earn an ISO 9000 (1997), and in 2002, Citiservice y Citiphone Banking earned the institution an ISO 9002 certification.Citi en Argentina The president of Citicorp Argentina during the 1990s, H. Richard Handley, had been raised in Argentina with the chai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mark Mason (executive)
Mark Mason is an American business executive, serving since 2019 as the chief financial officer (CFO) of Citigroup. He is one of the few black executives on Wall Street. Early life and education Mason was raised in Queens, New York, and as a teenager he worked for his grandparents, who ran carpentry and landscaping businesses. He earned a Bachelor of Business Administration (BBA) in finance and graduated with honors from Howard University. He then went on to earn a Master of Business Administration (MBA) degree from Harvard Business School. Mark Mason is a brother of Kappa Alpha Psi Kappa Alpha Psi Fraternity, Inc. () is a List of African-American fraternities, historically African American Fraternities and sororities, fraternity. Since the fraternity's founding on January 5, 1911, at Indiana University Bloomington, it has n .... Career Mason joined Citigroup in 2001 and has held a number of executive positions at the firm, including chief financial officer of Citi’s Institut ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
388 Greenwich Street
388 Greenwich Street, originally called the Shearson Lehman Plaza and more recently the Travelers Building, is an office skyscraper in the Tribeca neighborhood of Lower Manhattan in New York City. The building is located at Greenwich Street, with frontages on North Moore and West Streets. 388 Greenwich Street forms a complex with the neighboring 10-story 390 Greenwich Street near the Hudson River. Currently, the two buildings comprise the global headquarters of financial services corporation Citigroup. 388 Greenwich stands about ten blocks north of the World Trade Center site and is among TriBeCa's tallest. Like many other office buildings in Manhattan, 388 Greenwich Street contains a fitness center, full-service dining facilities, a medical center, a conference center, a day care center, and an outdoor park. The building is one of the few in New York with double-deck elevators. In the aftermath of the September 11 attacks, the building's courtyard was used as a triage center. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Citibank Bahrain
Citibank N.A., Kingdom of Bahrain (), commonly known as Citibank Bahrain, is the division of Citigroup that operates in Bahrain. Its operations include corporate banking as well as a call center A call centre (English in the Commonwealth of Nations, Commonwealth spelling) or call center (American English, American spelling; American and British English spelling differences#-re, -er, see spelling differences) is a managed capability th ... that services 200,000 clients worldwide. History Initially providing commercial banking, the consumer banking arm of Citi Bahrain was launched in 1989. In 1996, Citi Bahrain became the first international institution to set up a separately capitalized Islamic bank. In December 2022, the consumer business in Bahrain was sold to Ahli United Bank. See also * List of banks in Bahrain References External links * {{Citigroup , state=autocollapse Citigroup Banks of Bahrain ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of Bank regulation, regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Handlowy
Bank Handlowy w Warszawie S.A. (BHW, ), rebranded Citibank Handlowy in 2003 and Citi Handlowy in 2007, is a Polish bank based in Warsaw, Poland. It is one of the oldest banks in Poland, the 10th largest Polish bank by assets, and 18th in terms of number of outlets. Initiated by financier Leopold Stanisław Kronenberg in 1870, Bank Handlowy played a vital role in international trade, representing the Second Polish Republic government's assets in several international firms like the Danzig Shipyard. After World War II, the bank was reactivated in 1945 and later Polish People's Republic. It was one of the few companies to avoid complete nationalization during communism in Poland. After the fall of communism in Poland, the bank played a key role in the Foreign Debt Service Fund scandal, which had a negative impact on the Polish economy during the early 1990s. It underwent privatization in 1997. In the 21st century, Bank Handlowy merged with Citibank (Poland) SA in 2001, with Citiban ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Viswas Raghavan
Viswas ("Vis") Raghavan is the Head of Banking for Citigroup. Prior to his current role, he co-led investment banking with Jim Casey since 2020 and was briefly the sole head of global investment banking at JPMorgan Chase. Career Vis joined J.P. Morgan in 2000 from Lehman Brothers, initially to head up its equity-linked and derivatives capital markets business for Europe and Asia. He has since held various senior jobs at the bank, including head of International Capital Markets and global head of Equity Capital Markets. by Matt Turner, '''', 11 December 2012. Retrieved 17 September ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
