Citigroup
Citigroup is a global bank for companies, governments and wealthy clients: it moves money across borders, trades in markets and holds client assets, with a U.S. credit card business at home.
It keeps $31 trillion of client assets in safekeeping.
Holding and administering assets for institutions earns steady fees beside Citi’s lending and trading.
How big is Citigroup?
Institutions bring most of the revenue.
- Markets27%$22.0B
- Services26%$21.3B
- U.S. Personal Banking26%$21.0B
- Wealth11%$8.6B
- Banking10%$8.2B
Serve institutions that cross borders.
- 1Cross-border payments and cash
- 2Markets for institutions
- 3Cards to U.S. households
Companies’ payments and deposits flow through Citi, which gives it steady fees and cheap funding.
- The Vanguard Group, Inc.8.7%
- BlackRock, Inc.6.9%
CEO: Jane Fraser
- 1812City Bank is founded in New York
- 1902International Banking Corporation pioneers Asian trade finance
- 1914Big push into Latin America
- 1961Negotiable certificates of deposit
- 1977Focus shifts to retail banking
Every number on this page comes from Citigroup's own reports.
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