Citibank 2010 Annual Report Download - page 25

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CITIGROUP’S 2010 ANNUAL REPORT ON FORM 10-K
OVERVIEW 24
CITIGROUP SEGMENTS AND REGIONS 25
MANAGEMENT’S DISCUSSION AND ANALYSIS
OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS 26
EXECUTIVE SUMMARY 26
RESULTS OF OPERATIONS 28
FIVE-YEAR SUMMARY OF SELECTED
FINANCIAL DATA 28
SEGMENT, BUSINESS AND PRODUCT—
INCOME (LOSS) AND REVENUES 30
CITICORP 32
Regional Consumer Banking 33
North America Regional Consumer Banking 34
EMEA Regional Consumer Banking 36
Latin America Regional Consumer Banking 38
Asia Regional Consumer Banking 40
Institutional Clients Group 42
Securities and Banking 43
Transaction Services 45
CITI HOLDINGS 46
Brokerage and Asset Management 47
Local Consumer Lending 48
Special Asset Pool 50
CORPORATE/OTHER 53
BALANCE SHEET REVIEW 54
Segment Balance Sheet at December 31, 2010 57
CAPITAL RESOURCES AND LIQUIDITY 58
Capital Resources 58
Funding and Liquidity 64
CONTRACTUAL OBLIGATIONS 70
RISK FACTORS 71
MANAGING GLOBAL RISK 81
Risk Management—Overview 81
Risk Aggregation and Stress Testing 82
Risk Capital 82
Credit Risk 83
Loan and Credit Overview 83
Loans Outstanding 84
Details of Credit Loss Experience 86
Impaired Loans, Non-Accrual Loans and Assets, and
Renegotiated Loans 88
U.S. Consumer Mortgage Lending 92
North America Cards 99
Consumer Loan Details 103
Consumer Loan Modification Programs 105
Consumer Mortgage Representations and Warranties 110
Securities and Banking-Sponsored Private Label
Residential Mortgage Securitizations 113
Corporate Loan Details 114
Exposure to Commercial Real Estate 116
Market Risk 117
Operational Risk 126
Country and Cross-Border Risk Management Process;
Sovereign Exposure 128
DERIVATIVES 130
SIGNIFICANT ACCOUNTING POLICIES AND
SIGNIFICANT ESTIMATES 134
DISCLOSURE CONTROLS AND PROCEDURES 142
MANAGEMENT’S ANNUAL REPORT ON
INTERNAL CONTROL OVER FINANCIAL
REPORTING 143
FORWARD-LOOKING STATEMENTS 144
REPORT OF INDEPENDENT REGISTERED
PUBLIC ACCOUNTING FIRM—INTERNAL
CONTROL OVER FINANCIAL REPORTING 146
REPORT OF INDEPENDENT REGISTERED
PUBLIC ACCOUNTING FIRM—
CONSOLIDATED FINANCIAL STATEMENTS 147
FINANCIAL STATEMENTS AND NOTES TABLE
OF CONTENTS 149
CONSOLIDATED FINANCIAL STATEMENTS 151
NOTES TO CONSOLIDATED FINANCIAL
STATEMENTS 159
FINANCIAL DATA SUPPLEMENT (Unaudited) 300
Ratios 300
Average Deposit Liabilities in Offices Outside the U.S. 300
Maturity Profile of Time Deposits ($100,000 or more) in U.S. Offices 300
SUPERVISION AND REGULATION 301
CUSTOMERS 302
COMPETITION 302
PROPERTIES 302
LEGAL PROCEEDINGS 303
UNREGISTERED SALES OF EQUITY;
PURCHASES OF EQUITY SECURITIES;
DIVIDENDS 303
PERFORMANCE GRAPH 304
CORPORATE INFORMATION 305
Citigroup Executive Officers 305
CITIGROUP BOARD OF DIRECTORS 308