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Citigroup

Citigroup logoCitigroup Inc. (Citi) is a major American financial services company based in New York City. The Group has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions.

Citigroup provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Citigroup was formed in 1998 by the merger of Citicorp and Travelers Group.

Total assets: $1.8 trillion (as of December 31, 2016).
Net profit: $10.6 billion (2010), $11.1 billion (2011), $7.5 billion (2012), $13.7 billion (2013), $7.3 billion (2014), $17.2 billion (2015), $14.9 billion (2016), $18 billion (2018).
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Headquarter New York, USA
Key People Michael O'Neill (Chairman), Michael Corbat (CEO), John Gerspach (CFO)
Company Type Public (NYSE: C, TYO: 8710)
Head Office 399 Park Avenue
New York, NY 10043
Phone +1-212-5591000
Fax +1-212-7933946
Official Site www.citigroup.com Website
Founded 1998
ID: 343. Updated: 29.03.2019

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Press Releases
05.11.2018 | Citi's Board of Directors today announced that Chairman Michael O'Neill will retire on January 1, 2019 and the Board has selected John C. Dugan to succeed Mr. O'Neill as Chairman on that date. More
13.04.2017 | Citigroup Inc. reports first quarter 2017 net income of US$ 4,090 million, compared to US$ 3,501 million in first quarter 2016 (+17%).
14.10.2016 | Citigroup Inc. reports third quarter 2016 net income of US$ 3,840 million, compared to US$ 4,291 million in third quarter 2015 (-10.5%).
15.04.2016 | Citigroup reports first quarter 2016 net income of US$ 3.5 billion, compared to US$ 4.8 billion in first quarter 2015. Total assets amounted to US$ 1.8 trillion at March 31, 2016.
16.07.2015 | Citigroup Inc. today reported net income for the second quarter 2015 of $4.8 billion on revenues of $19.5 billion. This compared to net income of $181 million on revenues of $19.4 billion for the second quarter 2014.
Financial and Banking News
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U.S. President Donald Trump on Thursday criticized Bitcoin, Facebook's proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves subject to U.S. and global regulations if they wanted to "become a bank." 11.07.2019 | Source: Reuters

 25th World Islamic Banking Conference announces 4th series of WIBC Leaderboard

Top performing Islamic Financial Institutions from Bahrain, Egypt, Indonesia, Jordan, Kuwait, Malaysia, Oman, Pakistan, Turkey, UAE and Saudi Arabia are vying for the WIBC Awards recognizing the Best Performing Banks at the Global and Regional level. 28.10.2018 | Source: MEGA

 Financial technologies are need of the hour for Banks in India

The Indian FinTech space is expected to reach $2.4 billion by 2020 and 2018 will be a critical year in that journey because 52 % of India's digitally active consumers are adopting FinTech and are the driving force for new technology adoptions. 02.03.2018 | Source: Explore Exhibitions and Conference

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