Overview
Citibank operates as the consumer banking division of Citigroup Inc., the third-largest bank in the United States by assets as of 2023. The institution traces its origins to the City Bank of New York, founded June 16, 1812, and is headquartered in New York City.
Citigroup was formed on October 8, 1998, through a merger of Citicorp and Travelers Group. Citibank provides banking and financial services including checking and savings accounts, loans, mortgages, credit cards, insurance, and investment products. The company operates approximately 240,000 employees globally with annual revenue of $88.3 billion.
In Q4 2025, Citi reported net income of $2.5 billion on revenues of $19.9 billion, reflecting record revenues and positive operating leverage. The bank does business in more than 180 countries and jurisdictions.
Recent Leadership News
CEO Jane Fraser led Citi's first full investor day in four years in May 2026, highlighting transformation efforts and regulatory compliance progress.
Facts compiled by Executive Moves from publicly available news and press releases on 26 May 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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