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Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services company based in New York City.The company was formed in 1998 by the merger of Citicorp, the bank holding company for Citibank, and Travelers; Travelers was spun off from the company in 2002.
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In 1953, GBQ Partners, a professional services firm was founded, [1] and is the largest Columbus-owned accounting firm. During the recession beginning in late 2007, Columbus's economy was not impacted as much as the rest of the country, due to decades of diversification work by long-time corporate residents, business leaders, and political leaders.
In January 2024, Citi reported a $1.8 billion loss in the fourth quarter of 2023 and announced plans to cut 20,000 jobs, roughly 8% of its workforce. [85] At the bank's 2024 investor day, Citi highlighted its Services division, which produces income from "financial pipes". [86]
Jane Fraser (born 13 July 1967) is a British-American banking executive who is the chief executive officer (CEO) of Citigroup, a position she has held since March 2021. [1] [2] Educated at Girton College, Cambridge, and Harvard Business School, she worked at McKinsey & Company for 10 years, rising to partner prior to joining Citigroup in 2004.
In the spring of 1976, Dee and Jimmy began dating, and they married on December 11, 1976. They worked alongside each other in their respective family businesses throughout their careers. Partnering on finding store locations, business transactions, and major challenges.
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