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Citigroup: Diversified Financial Services

August 27, 2015

Citigroup, Inc. is headquartered in New York City and was founded in October 8, 1998. It is a global diversified financial services holding company. Its businesses offer consumers, corporations, government and institutions with a broad range of financial products and services.

Citigroup operates through two segments. The first segment is Citicorp comprising of the company’s Global Consumer Banking businesses and Institutional Client Group. The other segment is Citi Holdings comprising of Brokerage and Asset Management, Local Consumer Lending and Special Asset Pool.

The Global Consumer Banking business includes a global, full-service consumer franchise delivering a wide array of banking, credit card lending, and investment services through a network of local branches, offices and electronic delivery systems. The Institutional Clients Group business is composed Securities and Banking and Transaction Services and provides corporations, governments, institutions, and investors with a broad range of banking and financial products and services.

The Citi Holding segment consists of Citi’s brokerage and asset management and local consumer lending business, and a special asset pool. The Corporate/Other business includes net treasury results, unallocated corporate expenses, offsets to certain line-items reclassifications, the results of discontinued operations and unallocated taxes.

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