Citigroup
Major banking corporation
Citigroup is a major American multinational financial services corporation headquartered in New York City, formed in 1998 through the merger of Citicorp and Travelers Group.
It operates as one of the largest banking institutions in the world, providing consumer banking, credit cards, corporate and investment banking, and wealth management services globally.
The company is often referred to simply as Citi, which also brands its consumer-facing products like Citibank.
Emergency aid preventing bankruptcy
- TARP2008 bank rescue program
- subprimeUnder top credit tier
- too big to failRequiring rescue due to scale
- stress testEvaluating performance under strain
write-down · financial crisis · 2008 · systemic risk · regulatory scrutiny · settlement · fine · investigation
Advisory services for major transactions
- securitiesTradeable financial assets
- underwritingRisk evaluation and acceptance
- IPOFirst public stock offering
- equityImpartial treatment or ownership value
trading · derivatives · bonds · capital markets · syndication · wealth management · private banking · asset management
Central command location
- CEOTop corporate officer
- board of directorsGoverning body of organization
- shareholdersOwners of company stock
- mergerCorporate combination
acquisition · conglomerate · multinational · executive · management · restructuring · subsidiary · compliance
Bank services for individuals
- commercial bankingBanking for public customers
- checkingAct of verification
- savingsAccumulated money kept
- depositsMaterial settled or stored
withdrawals · ATM · branch · teller · mortgage · loan · credit card · account
Concerning relations among countries
- cross-borderSpanning national boundaries
- worldwideExtending across Earth
- emerging marketsRapidly growing economies
- foreign exchangeTrading between national currencies
forex · global footprint · Asia Pacific · Latin America · Europe · remittances
bailout
Emergency aid preventing bankruptcy
- TARP2008 bank rescue program
- subprimeUnder top credit tier
- too big to failRequiring rescue due to scale
stress test · write-down · financial crisis · 2008 · systemic risk · regulatory scrutiny · settlement · fine · investigation
investment banking
Advisory services for major transactions
- securitiesTradeable financial assets
- underwritingRisk evaluation and acceptance
- IPOFirst public stock offering
equity · trading · derivatives · bonds · capital markets · syndication · wealth management · private banking · asset management · portfolio
headquarters
Central command location
- CEOTop corporate officer
- board of directorsGoverning body of organization
- shareholdersOwners of company stock
merger · acquisition · conglomerate · multinational · executive · management · restructuring · subsidiary · compliance · governance
retail banking
Bank services for individuals
- commercial bankingBanking for public customers
- checkingAct of verification
- savingsAccumulated money kept
deposits · withdrawals · ATM · branch · teller · mortgage · loan · credit card · account · overdraft
international
Concerning relations among countries
- cross-borderSpanning national boundaries
- worldwideExtending across Earth
- emerging marketsRapidly growing economies
foreign exchange · forex · global footprint · Asia Pacific · Latin America · Europe · remittances
- corporationsApple, Microsoft, Google, Amazon, Toyota
- Major CorporationsApple, Amazon, Microsoft, Alphabet, Meta
- Financial FirmsGoldman Sachs, JPMorgan Chase, Bank of America, Wells Fargo, Morgan Stanley
- Investment BankingM&A, IPO, merger, mergers, acquisition
- financial crisesfinancial collapse, bank run, economic collapse, bank failure, bank failures
- Financial Crisisfinancial crisis, Great Recession, recession, credit crisis, bank failures
group, city, citizen, cities, citizenship, citizenry, citified, Citibank