How Old Is Citigroup?

Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. 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.

When did Citigroup become Citi?

The holding company was named Citicorp in 1974, and the banking business took the name Citibank in 1976.

Is Citibank owned by China?

As a locally incorporated bank, Citi China's legal name is Citibank (China) Co., Ltd. ("CCCL") and is fully owned by its parent, Citibank N. A. Citigroup Tower, Shanghai. ... Citi is the first global bank to issue a Citi sole-branded credit card in China.