All about FOREX and financial markets

 

Citigroup

 

Citigroup Inc. (branded Citi), is a major American financial services company based in New York, NY. Citigroup was formed from one of the world's largest mergers in history by combining the banking giant Citicorp and financial conglomerate Travelers Group on April 7, 1998.

Citigroup Inc. has the world's largest financial services network, spanning 140 countries with approximately 16,000 offices worldwide. The company employs approximately 300,000 staff around the world, and holds over 200 million customer accounts in more than 140 countries. It is a primary dealer in US Treasury securities.

Citigroup suffered huge losses during the global financial crisis of 2008 and was rescued in November 2008 in a massive bailout by the U.S. government. Its largest shareholders include funds from the Middle East and Singapore. On February 27, 2009, Citigroup announced that the United States government would be taking a 36% equity stake in the company by converting $25 billion in emergency aid into common shares.Since then the 36% stake has been reduced to 27% after Citigroup sold $21 billion of common shares & equity in the largest single share sale in US history , surpassing Bank of America's $19 billion share sale one month prior.

Citigroup is one of the Big Four banks in the United States, along with Bank of America, JP Morgan Chase and Wells Fargo.
 

 

 

Open Swiss Bank account - Swiss Bank Savings Accounts - FAQ Swiss Account - Order Swiss Bank Account - Open USA bank account - FAQ USA account - Order USA account - Get your Anonymous debit card - FAQ Anonymous debit card - Order Anonymous debit card - Open Latvian Bank Account - Order Latvia Bank account - Luxembour Bank account - Swiss European Bank account ATM Debit Card - SwissPostal BankAccount - Swiss Personal Investment bank account Free Information and advice - Austria Numbered Bank Account Sparkasse - Switzerland Corporate Bank Account - Open Swiss Investment Corporate Bank Account - Germany Bank Account - Bank Account in Antigua and Barbuda - Bank Account in Belize - FAQ Bank account in Belize - Open Bank account in Belize - Order Belize Bank account - Saint Vicent and The Grenadines Bank Account - List of SWIFT Codes Worldwide - Order our service - Contact us
More information: Central Banks Worldwide - Financial Links - Full List of Swiss Banks - Financial Dictionary A-Z - Best Trade Finance Banks - Forex / World Currencies - Open Offshore Bank Account Online Resources - Switzerland Success Country -
All about FOREX and financial markets - Info Apostille - International SEC list - List of International Stock Exchanges  - What is offshore - Private Banking - Wire Transfer - Guidelines to open a bank account - Books offshore banking - E-commerce - World Wide Banking Directory - Anonymous Wire Transfer - Correspondent Banks Fees - What is the BIC code? - What is an IBAN number? - What is the SWIFT code? - Correspondent bank - Anonymous Wire Transfers - What is an International Payment? - International Wire Transfer - SWIFT MT 103 Basic Format for Wire Transfer  - Site Map


Copyright © 2005-2012

 

The information contained in this Website is not meant to substitute qualified legal advice given by a specialist knowing your particular situation. We are not a bank and can’t be held responsible for any loss or damages whether direct, incidental, indirect, special, or consequential, among others, relating access to this Web site. Read our Disclaimer / Terms and Conditions