Citigroup

Citigroup Inc. is today's pre-eminent financial services company, with some 200 million customer accounts in more than 100 countries. Our history dates back to the founding of Citibank in 1812, Bank Handlowy in 1870, Smith Barney in 1873, Banamex in 1884, and Salomon Brothers in 1910.

Other major brand names under Citigroup's trademark red umbrella include Citi Cards, CitiFinancial, CitiMortgage, CitiInsurance, Primerica, Diners Club, The Citigroup Private Bank, and CitiCapital



India

Citigroup in India Citigroup is the single largest foreign direct investor in the financial services industry in India. Committed to India for over 100 years, Citigroup considers itself a local bank with an international perspective backed by the largest global network. With a staff strength of over 15,000, Citigroup has consolidated its position as the most innovative and comprehensive financial products and services provider in the country, and today has a customer base of over 1,000 large corporates, over 22,000 small and medium enterprises and over 5.5 million retail customers.

Over the years, Citigroup has established a track record of outstanding business milestones such as Cash Management, pioneered by Citigroup in 1986 and utilized by over 900 corporates with through-puts totaling around $ 35 billion (8% of India's GDP). It is India's largest foreign bank in the FX (foreign exchange) market with a 14 per cent market share. As the leading custodian, Citibank has over $22 billion of custody assets under management.

Citibank, Citigroup's consum ...
Word (s) : 5033
Pages (s) : 21
View (s) : 1027
Rank : 0
   
Report this paper
Please login to view the full paper