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- Citigroup Inc.
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Overview
Company Summary
Citigroup Inc., commonly known as Citi, is a global financial services corporation. It operates as a diversified banking and financial services company, with a significant presence in consumer banking, corporate and investment banking, securities brokerage, trading, and wealth management.
Citi serves millions of customers across more than 160 countries and jurisdictions. Its vast array of services includes retail banking, credit cards, mortgages, personal loans, and small business banking. Through its consumer banking division, it aims to provide individuals and families with products and services tailored to their financial needs, including checking and savings accounts, digital banking solutions, and access to ATMs and branches.
On the commercial banking side, Citigroup offers a range of services to corporations, governments, and institutions. These include treasury and trade solutions, cash management, lending, foreign exchange, risk management, and corporate finance.
Citi's investment banking division provides a broad spectrum of financial services to help its clients navigate capital markets, manage risk, raise capital, and execute strategic transactions. This includes advising on mergers and acquisitions, underwriting public offerings, facilitating private placements, and providing trading and research services.
Within its institutional clients group, Citigroup offers prime brokerage services, securities lending, custodian services, and financing products to professional investors, hedge funds, asset managers, and governments. It also operates a global markets division, engaging in sales and trading of equities, fixed income, currencies, commodities, and derivatives.
Citigroup's wealth management division provides investment advice, portfolio management, and financial planning services to individuals, families, and institutional clients. It serves high-net-worth individuals, offering access to a variety of investment products, including equities, fixed income, and alternative investments.
In summary, Citigroup Inc. is a leading global financial services company that caters to individuals, corporations, governments, and institutions. It offers a wide range of banking, lending, investment, and advisory services, designed to meet diverse financial needs and support clients in achieving their goals.