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Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services company in New York City. The company was formed by the merger of Citicorp, the bank holding company for Citibank , and Travelers in 1998; Travelers was spun off from the company in 2002.
Citibank established operations in Singapore on 1 July 1902. It was then known as the International Banking Corporation (IBC) and was the first United States bank to set up a branch in Singapore. Located at 1 Prince Street, IBC was primarily involved in the trade financing of Malayan rubber and tin exports in the early 20th century.
Jane Fraser (born 13 July 1967) is a British-American banking executive who is the chief executive officer (CEO) of Citigroup, a position she has held since March 2021. [1] [2] Educated at Girton College, Cambridge, and Harvard Business School, she worked at McKinsey & Company for 10 years, rising to partner prior to joining Citigroup in 2004.
Citigroup Inc. (NYSE:C) will release its financial results for the second quarter, before the opening bell on Friday. Analysts expect the New York-based company to report quarterly earnings at $1. ...
Jane Fraser, CEO of Citigroup. (Tom Williams/CQ-Roll Call, Inc via Getty Images) (Tom Williams via Getty Images)
Motley Fool Transcribing, The Motley Fool. July 12, 2024 at 3:30 PM. Logo of jester cap with thought bubble. Image source: The Motley Fool. Citigroup (NYSE: C) Q2 2024 Earnings Call. Jul 12, 2024 ...
On January 16, 2009, Citigroup announced that it was separating Citi Holdings Inc., its non-core businesses such as brokerage, asset management, and local consumer finance and higher-risk assets, from Citicorp. The split was presented as allowing Citibank to concentrate on its core banking business.
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