Citi
BankingThe most globally connected US bank, Citi is renowned for its massive institutional services and treasury operations, managing money for multinational corporations across 90+ countries.
Official Citi Careers Website
Quick Facts
- Founded
- 1998 (Citigroup merger) / Roots to 1812
- Headquarters
- New York, USA
- Industry
- Banking & Financial Services
About Citi
Citigroup (Citi) was formed in 1998 by the mega-merger of Citicorp and Travelers Group (though the insurance business was later spun off). Its roots go back to 1812 with the founding of the City Bank of New York. Citi is historically the most internationally focused of the American Big Four banks.
While it maintains retail banking operations, its true crown jewel is the Institutional Clients Group (ICG), specifically Treasury and Trade Solutions (TTS). TTS is the financial plumbing for the global economy, moving trillions of dollars daily for multinational corporations and governments. Citi maintains a massive technology and operations footprint in India (Pune, Mumbai, Bengaluru).
What Citi Does
Treasury and Trade Solutions (TTS)
Global cash management, payments, and trade finance.
Investment Banking & Markets
Capital markets, M&A advisory, and FX trading.
Global Wealth
Private banking and wealth management.
US Personal Banking
Credit cards and retail banking.
Career Areas
Types of professional roles found inside Citi.
- Software Engineering & Architecture
- Treasury & Payments Technology
- Risk & Quantitative Analysis
- Investment Banking Analyst
- Operations & Compliance
Citi's History
- 1812Roots
City Bank of New York is founded.
- 1998Citigroup formed
Citicorp merges with Travelers Group in a landmark deal.
- 2008Financial Crisis
Receives massive government bailouts during the subprime mortgage crisis.
- 2021Global retail exit
Announces strategic exit from consumer banking in 13 global markets (including India) to focus purely on wealth and institutional clients.
Purpose & Values
“Enabling growth and economic progress”
