Encyclopedia > Citigroup

  Article Content

Citigroup

Citigroup is the largest financial-services conglomerate in the United States. During the past 3 years it has been by most measures the largest company in the US, with the largest profits (higher then any in the world) and largest assests under management. It's planned formation was announced on April 7, 1998 through a merger of Citicorp[?] and Travelers Group[?]. Despite it's size in the United States, it currently only has about a 5 percent market share amongst banks, and is dwarfed by international banks (especially in Japan), which have seen much more consolidation.

Some member companies:

See also: bank, investment bank, commercial bank

External links



All Wikipedia text is available under the terms of the GNU Free Documentation License

 
  Search Encyclopedia

Search over one million articles, find something about almost anything!
 
 
  
  Featured Article
Sakhalin

... and from Yezo (Japan) by the Strait of La Pérouse. Sakhalin is the largest island of the Russian Federation, being 948 km (589 miles) long, and 25 to 170 km (16 to 105 ...

 
 
 
This page was created in 24.6 ms