In February 2021, CEO Michael Corbat was replaced by Jane Fraser, who became the first female CEO of a Big Four bank. In 2020 it was one of the largest securities services providers, having over $23.6 trillion in assets under custody (AUC). It has 223,400 employees, although it had 357,000 employees before the financial crisis of 2007–2008, when it was bailed out by a massive stimulus package from the U.S. Citigroup has approximately 200 million customer accounts and does business in more than 160 countries. It is one of the eight global investment banks in the Bulge Bracket.Ĭitigroup is ranked 33rd on the Fortune 500 as of 2021. It is considered a systemically important bank by the Financial Stability Board and is commonly cited as being too big to fail. Citigroup is incorporated in Delaware.Ĭitigroup is the third largest banking institution in the United States alongside JPMorgan Chase, Bank of America, and Wells Fargo, it is one of the Big Four banking institutions of the United States. Citigroup owns Citicorp, the holding company for Citibank, as well as several international subsidiaries. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998 Travelers was subsequently spun off from the company in 2002. or Citi ( stylized as citi) is an American multinational investment bank and financial services corporation headquartered in New York City. Acciones y Valores de México (Acciones y Valores Banamex, Casa de Bolsa Integrante del Grupo Financiero Banamex)Ĭitigroup Inc.

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If the transfer is made across currencies, a Citi UK reference exchange rate will be applied. You can send money outside the UK securely to other Citi accounts internationally with no transaction fees. When using the Citi Mobile ® UK App you'll need to have already registered the payee on Citi Online to transfer up to this limit. Transfer up to £75,000 per day for Citigold and Citigold Private Clients and up to £50,000 per day for all other clients, through the Citi Mobile ® UK App or by using Citi Online. And, because you can access your funds 24 hours a day, 365 days a year, you can stay on top of all your banking needs, wherever you are in the world. To fit with your international lifestyle, you can also manage your multi-currency bank accounts and your portfolio of global investments. Citi's range of global banking tools allows you to do much more than sending money.

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