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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.
The employee reductions planned by Citigroup would likely leave it with the smallest workforce among the big four banks in the US. 'Tough on morale': Citigroup reveals plans for 20,000 job cuts by ...
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] The bank has branches in 19 countries.
Citi Private Bank is the private banking division of Citibank; it provides banking services to high-net-worth individuals, family offices, law firms, and other institutions. According to the company's website, it has a minimum investment level of $10 million and a total net worth requirement of $25 million; [ 1 ] however, in some cases, these ...
Mason joined Citigroup in 2001 and has held a number of executive positions at the firm, including chief financial officer of Citi’s Institutional Clients Group, chief executive officer of Citi Private Bank, chief executive officer of Citi Holdings, and chief financial officer and head of strategy and M&A for Citi’s Global Wealth Management Division. [4]
1984 - Citibank acquires the Thailand branch of Mercantile Bank. [1] 1985 - Citibank opens its first Citibank Bangkok Branch. 1986 - CitiCapital Ltd. set up to provide investment and venture capital and corporate finance advisory. 1987 – Establishment of Citicorp Leasing (Thailand) Ltd., in the consumer finance business.
Citi Canada's Schedule 2 (foreign-owned, deposit-taking), under the Bank Act of Canada, subsidiary Citibank Canada is a member of the Canadian Bankers Association (CBA) and a member [2] of the CDIC, a federal Crown corporation that insures deposits to applicable limits and across deposit categories.