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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.
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.
It also meant that Citi took a hard line, for example, against an employee who posted antisemitic messages on social media last week. The employee was terminated immediately, Fraser's team said.
CFO Mark Mason in his presentation referred to 2024 as an "inflection year" and said by 2026 Citigroup plans to grow its full-year revenue by at least $6 billion while lowering its expenses by at ...
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 ...
The following is a list of chairmen and presidents of what is now Citigroup—the person or persons who were ultimately responsible for the company since its founding in 1812. The highest office in the company was the president until 1909, when James J. Stillman became the first chairman.
Citigroup CEO Jane Fraser. (Elizabeth Frantz/REUTERS) (REUTERS / Reuters) It will also report a charge of $1.7 billion to pay a special assessment to the Federal Deposit Insurance Corporation.
In 1989, Citi was the first foreign bank to introduce credit cards in Indonesia. In 1993, CitiPhone, a 24 hours a day, 7 days a week customer service program was launched. In 2013, Citi launched CitiMobile. [2] In 2023, United Overseas Bank acquired Citi's consumer business in Malaysia, Indonesia, Thailand, and Vietnam. [1]