Citigroup (US)


Citigroup
controls what is arguably still the world's #1 global financial brand in
Citi, with a presence in more than 100 countries. The group offers a huge range of services from traditional and investment
banking to consumer finance, insurance, credit card services and asset
management, and claims to operate more than 200m customer accounts across
six continents. However by the beginning of 2009, Citi was a pale shadow
of the giant it had been three years earlier. The group's involvement in subprime
investments, as well as its exposure to high-risk mortgage and credit card
customers, led to substantial losses during 2007 and 2008, as well as a
reshuffling of the group's senior management team. New CEO Vikram Pandit
launched a review of operations which ultimately led to the decision in
2009 to transfer
Citi's loss-ravaged consumer finance, brokerage and asset management businesses into
a separate company, pending sale or spin-off. Advertising Age estimated global measured advertising expenditure of
$602m in 2007, making Citigroup the world's #59 advertiser. Click here to access the Adbrands profile (subscribers only); or
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Competitors: see Financial
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Subscribers may access the following website links:
Citigroup
website

Citibank |
CitiGroup Corporate & Investment Bank |
CitiCards |
Banamex |
CitiFinancial |
CitiCapital |
Primerica Financial Services |
Smith Barney |
Citigroup Private Bank
|
California Federal Bank |
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