Citigroup

Citigroup Inc. {{nyse|C}} is one of the largest financial services company in the world. As of 2005 it is the third largest company in terms of market capitalization and the second largest in terms of assets. The formation of Citigroup was announced on April 7, 1998 through a merger of Citicorp and Travelers Group. It was the first US company to combine banking with insurance underwriting since the Great Depression. The company has over 275,000 employees and over 200 million customer accounts in 100 countries.

See also

• Bank
• Commercial bank
• Investment bank
• Thomson Financial League Tables

Ancestor companies

• City Bank of New York 1812 (founded)
• Farmers? Fire Insurance Loan Company 1822
• Merchants Exchange Bank in the City of New York 1829
• First National Bank of the City of New York 1863
• The Travelers Life and Accident Insurance Company 1864
• Kuhn, Loeb & Co. 1867
• Charles D. Barney & Co. 1873
• Ferdinand Salomon 1880
• Hayden Stone & Co. 1892
• Rhoades & Co. 1898
• Shearson Hammill & Co. 1902
• E.F. Hutton & Co. 1904
• Commercial Credit 1912
• Carter, Berlind, Potoma & Weill 1960