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Citibank was founded in 1812 as the City Bank of New York, and later became First National City Bank of New York. [3] The bank has branches in 19 countries. [ citation needed ] The U.S. branches are concentrated in six metropolitan areas: New York , Chicago , Los Angeles , San Francisco , Washington, D.C. , and Miami .
The bank had been nicknamed "Citibank" since the 1860s when it began using this as an eight-letter wire code address. [17] In 1974, under the leadership of CEO Walter B. Wriston, First National City Corporation changed its formal name to "Citicorp", with First National City Bank being formally renamed Citibank in 1976. [17]
First National City Bank of New York after 1955 James Stillman Rockefeller: 1959: 1967: First National City Bank after 1962 George S. Moore: 1967: 1970: First National City Corporation in 1968 Walter B. Wriston: 1970: 1984: Citicorp in 1974 John S. Reed: 1984: 2000: Co-chair of Citigroup after 1998 Sanford I. Weill: 1998: 2006: Co-chair 1998 ...
National City Corp. First of America Bank National City Corp. PNC Financial Services: 1997 Banc One Corp. First USA: Bank One Corp. JPMorgan Chase: 1997 First Nationwide Bank California Federal Bank: California Federal Bank: $1.2 billion, 1st Nationwide rebranded as "Cal Fed." Citibank: 1998 NationsBank Corp. Barnett Banks, Inc. NationsBank ...
Reference no. 2582 [ 3] The Citigroup Center (formerly Citicorp Center and also known by its address, 601 Lexington Avenue) is an office skyscraper in the Midtown Manhattan neighborhood of New York City. Built in 1977 for Citibank, it is 915 feet (279 m) tall and has 1.3 million square feet (120,000 m 2) of office space across 59 floors.
In 1927, he joined Farmers' Loan and Trust Company in New York City. The bank would merge with First National City Bank. He was the president of Citibank (the predecessor to Citigroup) from 1959–1967 and later chairman from 1967 to 1970. He was succeeded by Walter B. Wriston who was president from 1967 to 1970.
Charles Edwin Mitchell (October 6, 1877 – December 14, 1955) was an American banker whose incautious securities policies facilitated the speculation which led to the Crash of 1929. First National City Bank's (now Citibank) controversial activities under his leadership were a major contributing factor in the passage of the Glass-Steagall Act .
20 Exchange Place. / 40.70556°N 74.00972°W / 40.70556; -74.00972. 20 Exchange Place, formerly the City Bank–Farmers Trust Building, is a skyscraper in the Financial District of Lower Manhattan in New York City. Completed in 1931, it was designed by Cross & Cross in the Art Deco style as the headquarters of the City Bank–Farmers ...
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