Citigroup is the third largest banking institution in the U.S., with over 200 million customer accounts in more than 160 countries. The financial services corporation and investment bank was formed by the merger of Citicorp and Travelers Group in 1998. In 2008, in the midst of the financial crisis and Great Recession, Citigroup was one of several banks to receive bailout funds from the federal government. In March of 2021, Citigroup announced it would combine three of its investment banking groups as part of its clean energy commitment, a push to help large corporate clients transition “toward low- and zero-carbon solutions” and a more sustainable future.
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Latest news for Citigroup
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