Citibank 2013 Annual Report Download - page 22

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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 a global diversified financial services holding company, whose
businesses provide consumers, corporations, governments and institutions
with a broad range of financial products and services, including consumer
banking and credit, corporate and investment banking, securities brokerage,
transaction services and wealth management. Citi has approximately
200 million customer accounts and does business in more than 160 countries
and jurisdictions.
At December 31, 2013, Citi had approximately 251,000 full-time
employees, compared to approximately 259,000 full-time employees at
December 31, 2012.
Citigroup currently operates, for management reporting purposes, via two
primary business segments: Citicorp, consisting of Citi’s Global Consumer
Banking businesses and Institutional Clients Group; and Citi Holdings,
consisting of businesses and portfolios of assets that Citigroup has determined
are not central to its core Citicorp businesses. 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 3 to the Consolidated
Financial Statements.
Throughout this report, “Citigroup,” “Citi” and “the Company” refer to
Citigroup Inc. and its consolidated subsidiaries.
Additional information about Citigroup is available on Citi’s website
at www.citigroup.com. Citigroup’s recent annual reports on Form 10-K,
quarterly reports on Form 10-Q, proxy statements, as well as other filings
with the SEC, are available free of charge through Citi’s website by clicking
on the “Investors” page and selecting “All SEC Filings.” The SEC’s website
also contains current reports, information statements, and other information
regarding Citi at www.sec.gov.
Certain reclassifications have been made to the prior periods’ financial
statements to conform to the current period’s presentation. For information
on certain recent such reclassifications, see Citi’s Forms 8-K furnished to the
SEC on May 17, 2013 and August 30, 2013.
Please see “Risk Factors” and “Forward-Looking
Statements” below for a discussion of the most significant
risks and uncertainties that could impact Citigroup’s
businesses, financial condition and results of operations.