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Citigroup Inc. or Citi (stylized as citi) is an American multinational 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 Travelers; Travelers was spun off from the company in 2002.
Citibank, N.A. ("N. A." stands for "National Association"; stylized as citibank) is the primary U.S. banking subsidiary of Citigroup, a financial services multinational corporation. [2] Citibank was founded in 1812 as City Bank of New York , and later became First National City Bank of New York . [ 3 ]
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. [1] [2] 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.
The following is a list of chairmen and presidents of what is now Citigroup—the person or persons who were ultimately responsible for the company since its founding in 1812. The highest office in the company was the president until 1909, when James J. Stillman became the first chairman.
Victor Joseph Menezes (May 14, 1947 – February 3, 2025) was an Indian-American banker. [1] He began his career in 1972 by joining the American financial services company Citicorp (now Citigroup) in corporate banking and went on to serve as the Senior Vice Chairman of Citigroup, working for the company for 32 years until his retirement.
Sanford I. ("Sandy") Weill, at age 74, after retirement as C.E.O. of Citigroup in New York City in 2007 In April 1998, Travelers Group announced an agreement to undertake the $76 billion merger between Travelers and Citicorp , and the merger was completed on October 8, 1998.
Former CEO, Citigroup; Chairman, Massachusetts Institute of Technology board of trustees John Shepard Reed (born February 7, 1939) [ 1 ] is the former chairman of the New York Stock Exchange . He previously served as chairman and CEO of Citicorp , Citibank , and post-merger, Citigroup .
As CEO of Citi Holdings, he was responsible for and led the divestiture of a portfolio of non-core business and assets following the financial crisis of 2008 and Citi's participation in the Troubled Asset Relief Program (TARP). [11] In 2011, he was named CEO of Europe, Middle East and Africa where he oversaw all Citi operations in the region.