Citigroup Capital XIII

D

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Sector: Financial Services

Industry: Asset Management

Citigroup Inc. is a global investment bank and financial services corporation founded in 1812 and headquartered in New York City. Citigroup is the third largest banking institution in the US, and with JPMorgan Chase, Bank of America and Wells Fargo, make up the Big Four banking institutions of the nation. It is considered a systemically important bank by the Financial Stability Board in America. The company is consistently ranked in the top 50 on the Fortune 500 list of largest US companies by revenue. Citigroup has reported having business interests in over 160 countries, in which it operates roughly 200 million customer accounts. It operates through the following segments: Global Consumer Banking, Institutional Clients Group, and Corporate and Other. The company offers retail banking and commercial banking services. Within its Institutional Clients business unit, it deals with high-net-worth individuals around the world.