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Company Profile For Citigroup Inc.

Citigroup Inc. (C.N) (New York Stock Exchange)
sector: Financials · industry: Banks ·
As of  20 Nov 2009
4.20USD
Price Change
+0.00
Percent Change
+0.00%
 
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Overview

Citigroup Inc. (Citigroup) is a global diversified financial services holding company. The Company is engaged in providing a range of financial services to consumers and corporate customers. As of May 4, 2009, Citigroup had more than 200 million customer accounts and did business in more than 140 countries. Through its two operating units, Citicorp and Citi Holdings, Citigroup provides consumers, corporations, governments and institutions with a range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management.In August 2009, the Company sold three credit card portfolios.In September 2009, Citigroup Inc. completed the sale of Nikko Cordial Securities to Sumitomo Mitsui Financial Group, Inc.'s subsidiary, Sumitomo Mitsui Banking Corporation. In October 2009, the Company sold its Nikko Asset Management Co. to The Sumitomo Trust & Banking Co., Ltd.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Citigroup Inc.'s interest income decreased 29% to $58.93B. Net interest income after LLP decreased 64% to $6.83B. Net loss from cont. operations applicable to Common decreased 93% to $801M. Net interest income reflects lower federal funds sold & securities purchased income and higher provision for loan losses. Net income reflects decreased compensation & benefit expense.

Company Address

Citigroup Inc.
399 Park Avenue
New York   NY   10043
P: +1212.5591000
F: +1212.7933946

Total Employees

276000

Find Out More About C.N

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