Is Citigroup and Citibank the same?
William Jenkins
Updated on February 10, 2026
U.S. Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services corporation headquartered in New York City. Citigroup owns Citicorp, the holding company for Citibank, as well as several international subsidiaries.
Who owns Citibank Citigroup?
Citigroup
Citicorp LLC
Citibank/Parent organizations
Who is the largest shareholder of Citibank?
Top 10 Owners of Citigroup Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 7.78% | 160,817,166 |
| BlackRock Fund Advisors | 4.57% | 94,544,094 |
| SSgA Funds Management, Inc. | 4.54% | 93,760,156 |
| Capital Research & Management Co…. | 2.38% | 49,153,836 |
What does Citi stand for in Citigroup?
Acronym. Definition. CITIBANK. First National City Bank. Copyright 1988-2018 AcronymFinder.com, All rights reserved.
Is Citi a real bank?
Citibank, N. A. Citibank was founded in 1812 as the City Bank of New York, and later became First National City Bank of New York. The bank has 2,649 branches in 19 countries, including 723 branches in the United States and 1,494 branches in Mexico operated by its subsidiary Banamex.
Is Citibank a foreign bank?
Citibank India is a full-service onshore foreign bank having a presence in India. Its Indian headquarters are in Mumbai, Maharashtra’s Bandra Kurla Complex. It is a subsidiary of Citigroup, a multinational financial services business based in New York City.
Who is the parent company of Citibank 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.
Is there a company that owns Citigroup?
John Maxfield has no position in any stocks mentioned. The Motley Fool recommends Goldman Sachs. The Motley Fool owns shares of Citigroup. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.
What’s the difference between Citibank and City Bank?
Not to be confused with City Bank or CIT Bank. Citibank is the consumer division of financial services multinational Citigroup. Citibank was founded in 1812 as the City Bank of New York, and later became First National City Bank of New York.
Where are the Citibank branches in the world?
Aside from the U.S. and Mexico, most of the company’s branches are in Poland, Russia, India and the United Arab Emirates . As a result of the financial crisis of 2007–2008 and huge losses in the value of its subprime mortgage assets, Citigroup, the parent of Citibank, received a bailout in the form of an investment from the U.S. Treasury.
