# Citigroup

Citigroup is a Bank / Wealth / Trust based in New York, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 1998
- **Assets under management:** Undisclosed
- **Website:** citigroup.com
- **LinkedIn:** https://www.linkedin.com/company/citi
- **Wikidata:** Q219508

## About

Citigroup is an SEC-registered investment adviser in New York, NY, registered since 1964. The firm manages $56.0 billion in assets, with $35.0 billion on a discretionary basis. It has 7036 employees and 4078 investment advisers.

## People

- Jane Fraser — CEO

## Questions

### Who runs investment decisions at Citigroup?

Jane Fraser has served as CEO since March 2021. Investment decisions are distributed across business heads, with the institutional clients group managing trading, banking, and advisory. The board of directors, chaired by John Dugan, oversees broad risk and capital allocation.

### How is Citigroup structured after its most recent restructuring?

The firm announced a major simplification in September 2023, consolidating into five core businesses: Services, Markets, Banking, U.S. Personal Banking, and Wealth. The move eliminated global and regional management layers to make the bank more agile. This restructuring is expected to be completed in 2024.

### Which regions does Citigroup focus on for wealth management?

After exiting consumer banking in 13 markets across Asia and Europe in 2021, Citigroup refocused its wealth operations on four global hubs: Singapore, Hong Kong, the UAE, and London. The private bank serves ultra-high-net-worth families and family offices from these locations.

### What is the scope of Citigroup's global footprint?

Citigroup maintains a presence in over 90 countries. Its transaction banking network processes cross-border payments and trade finance, making it one of the few banks that can offer local custody and cash management services at scale across EMEA, Asia Pacific, Latin America, and North America.

## Related profiles

- [CITIC Trust](https://altss.com/profile/citic-trust)
- [Citiwest Capital Corporation](https://altss.com/profile/citiwest-capital-corporation)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/citigroup

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