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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 ]
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.
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.
Walter Bigelow Wriston (August 3, 1919 – January 19, 2005) was a banker and former chairman and CEO of Citicorp.As chief executive of Citibank / Citicorp (later Citigroup) from 1967 to 1984, Wriston was widely regarded as the single most influential commercial banker of his time.
Citigroup said it was cutting 10% of its workforce in a bid to help boost the embattled bank’s results and stock price.. About 20,000 employees will be let go over the “medium term,” New ...
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 .
Citigroup was for decades a top underwriter of state and local government debt, making the bank a major financier of roads, bridges, and airports across the US.Now it wants out of that business ...
A pair of government regulators slapped Citigroup with a $135.6 million fine on Wednesday, saying the bank has made insufficient progress in resolving longstanding internal control and risk issues.