Citibank 2009 Annual Report Download - page 14

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OVERVIEW
Citigroup’s history dates back to the founding of Citibank in 1812.
Citigroup’s original corporate predecessor was incorporated in 1988 under
the laws of the State of Delaware. Following a series of transactions over a
number of years, Citigroup Inc. was formed in 1998 upon the merger of
Citicorp and Travelers Group Inc.
Citigroup is now a global diversified financial services holding company
whose businesses provide consumers, corporations, governments and
institutions with a broad range of financial products and services. Citi has
approximately 200 million customer accounts and does business in more
than 140 countries.
Citigroup currently operates, for management reporting purposes, via two
primary business segments: Citicorp, consisting of our Regional Consumer
Banking businesses and Institutional Clients Group; and Citi Holdings,
consisting of our Brokerage and Asset Management and Local Consumer
Lending businesses, and a Special Asset Pool. There is also a third segment,
Corporate/Other. For a further description of the business segments and
the products and services they provide, see “Citigroup Segments” below,
“Management’s Discussion and Analysis of Financial Condition and Results
of Operations” and Note 4 to the Consolidated Financial Statements.
Throughout this report, “Citigroup” and “Citi” refer to Citigroup Inc. and
its consolidated subsidiaries.