Citigroup Inc. (Citi)
Citigroup Inc. is an American multinational investment bank and financial services corporation headquartered in New York City. Its mission is to serve as a trusted partner to clients by responsibly providing financial services that enable growth and economic progress.
The company's operations are primarily structured around two major divisions: the Institutional Clients Group (ICG) and Personal Banking and Wealth Management (PBWM). Through these segments, Citigroup offers a comprehensive suite of financial products and services, including corporate and investment banking, treasury and trade solutions, securities services, retail banking, credit cards, and wealth management.
Under the leadership of CEO Jane Fraser, Citigroup is undergoing a multi-year transformation aimed at simplifying its structure and enhancing business performance. Recent strategic initiatives include expanding investment banking capabilities, particularly in mergers and acquisitions, and scaling wealth management operations. The company reported strong financial results for Q1 2026, exceeding revenue and earnings per share forecasts, and is targeting continued Net Interest Income growth for 2026.
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