Citigroup
Citigroup is a global financial services corporation headquartered in New York City, United States. The company operates in more than 160 countries and jurisdictions, providing a broad range of financial products and services to consumers, corporations, governments and institutions. Citigroup is organised into two primary business segments: Institutional Clients Group, which serves corporate, institutional and public-sector clients with banking, markets and securities services, and Personal Banking and Wealth Management, which delivers retail banking, credit cards and wealth advisory services. The bank is a major player in investment banking, including mergers and acquisitions advisory, equity and debt capital markets, and commodities and foreign exchange trading. Citigroup is listed on the New York Stock Exchange and is one of the largest banking institutions in the world by assets, with total assets exceeding two trillion dollars. The company employs approximately 240,000 people globally. Citigroup's commodities and natural resources division provides financing, risk management and advisory services to mining, metals and energy companies, making it a frequent adviser on transactions in the resources sector. The corporation was formed in 1998 through the merger of Citicorp and Travelers Group, creating what was then the world's largest financial services organisation. Following the 2008 financial crisis, Citigroup underwent significant restructuring and regulatory oversight, divesting non-core businesses and strengthening its capital position.
Citigroup Updates
Moody’s says South Africa budget ‘confirms’ strong fiscal stance 
By: Bloomberg 26th February 2026 South Africa’s latest budget painted an encouraging picture of improving public finances, according to Moody’s Ratings, while cautioning that... →
Goldman and Citi see South Africa waiting to adopt rule on debt
By: Bloomberg 24th February 2026 South Africa’s finance minister is unlikely to formally adopt a fiscal anchor in this week’s budget, opting to wait until at least October to... →
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