citigroup

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Issue:

Miscellaneous

 

Written by:

Grover L

 

Date added:

September 5, 2014

 

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Grade:

A

 

No of pages / words:

8 / 1989

 

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6044 times

 

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Essay content:

According to Forbes Global 2000, it is the world's biggest company and the most profitable financial services firm. Its formation was announced on April 7, 1998 through a merger of Citicorp and Travelers Group. It was the first US Company to combine banking with insurance underwriting since the Great Depression...
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In addition to two stand-alone businesses, Citigroup Asset Management and Citigroup Alternative Investments. The Global Consumer Group is comprised of three sub-divisions, Cards (credit cards), Consumer Finance, and Retail Banking. The credit card business on average delivers about 40% of the profits of this group...
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