Citibank
A major global bank mentioned for its announcement of 20,000 layoffs, cited as an indicator of broader economic turbulence and a potential 'bumpy landing'.
First Mentioned
1/5/2026, 5:25:56 AM
Last Updated
1/5/2026, 5:30:18 AM
Research Retrieved
1/5/2026, 5:30:18 AM
Summary
Citibank, N.A. is the primary U.S. banking subsidiary of the multinational financial services corporation Citigroup. Established in 1812 as the City Bank of New York, it has grown to become the third-largest bank in the United States by assets as of 2023. The bank operates a global network across 19 countries, with its U.S. presence heavily concentrated in major metropolitan areas such as New York City, Chicago, Los Angeles, and San Francisco. In recent economic discourse, Citibank has been noted for significant layoffs, which analysts like David Sacks have cited as a potential indicator of a 'Bumpy Landing' for the U.S. economy amidst geopolitical instability and inflation concerns.
Referenced in 1 Document
Research Data
Extracted Attributes
Founded
1812-01-01
Founder
Samuel Osgood
Asset Rank
3rd largest bank in the United States (as of 2023)
Legal Name
Citibank, N.A. (National Association)
Headquarters
New York City, United States
Primary Products
Credit cards, mortgages, personal loans, investing, and wealth management
International Presence
Branches in 19 countries
California Branch Count
292 branches (as of September 2020)
Timeline
- Founded as the City Bank of New York. (Source: Wikidata)
1812-01-01
- Adopted 'Citibank' as an eight-letter wire code address. (Source: Wikipedia)
1860-01-01
- Reorganized as a one-bank holding company named First National City Corporation (Citicorp). (Source: Wikipedia)
1967-01-01
- Citicorp became the formal name of the holding company. (Source: Wikipedia)
1974-01-01
- First National City Bank was officially renamed Citibank, N.A. (Source: Wikipedia)
1976-01-01
- Ranked as the third-largest bank in the United States based on total assets. (Source: Wikipedia)
2023-01-01
- Cited in economic discussions for layoffs contributing to a 'Bumpy Landing' forecast for the U.S. economy. (Source: Document a7a96b3e-b0a7-41e7-a179-b42068a2117b)
2024-01-12
Wikipedia
View on WikipediaCitibank
Citibank, N.A. ("N. A." stands for "National Association"; stylized as citibank) is the primary U.S. banking subsidiary of Citigroup, a financial services multinational corporation. Citibank was founded in 1812 as City Bank of New York, and later became First National City Bank of New York. The bank has branches in 19 countries. The U.S. branches are concentrated in six metropolitan areas: New York City, Chicago, Los Angeles, San Francisco, Washington, D.C., and Miami. As of 2023, Citibank is the third-largest bank in the United States in terms of assets.
Web Search Results
- Citibank - Wikipedia
Citibank is one of the lead lenders to the developers of the Dakota Access Pipeline project in North Dakota, a 1,172-mile-long (1,886 km) oil pipeline project. The pipeline has been controversial regarding its potential environmental impacts and impacts to Siouan sacred lands and water supply. According to a statement by Hugh MacMillan, a senior researcher on water, energy and climate issues, Citibank has been "running the books on this project, and that's the bank that beat the bushes and got [...] In 1967, First National City Bank reorganized as a one-bank holding company, First National City Corporation, or "Citicorp" for short. However, the bank had been nicknamed "Citibank" since the 1860s, when City Bank of New York adopted it as an eight-letter wire code address. "Citicorp" became the holding company's formal name in 1974, and in 1976, First National City Bank was renamed Citibank, N.A. The name change also helped to avoid confusion in Ohio with Cleveland-based National City Corp., [...] As of September 2020, Citibank's US branches are located in the metropolitan areas of New York, Los Angeles, San Francisco, Sacramento, San Diego, Washington DC, Las Vegas, Miami, and Chicago. California is home to the majority of Citibank's US branches, with 292 branches located in the state.'
- Press releases | Citi Private Bank
Citi Private Bank is a business of Citigroup Inc. ("Citigroup"), which provides its clients access to a broad array of products and services available through bank and non-bank affiliates of Citigroup. Not all products and services are provided by all affiliates or are available at all locations. In the U.S., investment products and services are provided by Citigroup Global Markets Inc. ("CGMI"), member FINRA and SIPC, and Citi Private Alternatives, LLC ("CPA"), member of FINRA and SIPC. CGMI [...] Citi Private Bank is dedicated to helping dynamic individuals and their families preserve and grow their wealth. Our clients include some of the world’s leading entrepreneurs, executives, investors and their family offices. We provide customized private banking that crosses borders, including some sophisticated services usually reserved for major global institutions. INVESTMENT PRODUCTS: NOT FDIC INSURED · NOT CDIC INSURED · NOT GOVERNMENT INSURED · NO BANK GUARANTEE · MAY LOSE VALUE. [...] As part of Citi Global Wealth, I am confident the Private Bank will continue delivering for you for generations to come.
- Citibank - United States
| Citibank Credit Cards | Account Online | Diners Club® | Citibank® Toolbar | CitiPlaza | | Mortgages | Home Equity | Personal Loans | Student Loans | | Online Investing | Quotes and Research | Portfolio Tracker | | Wealth management services. | | | | Strategic information and unique solutions for the challenges of the evolving global marketplace. | | Full service banking to realize hidden business potential and gain a competitive edge. | | Whether your business is a traditional brick and [...] | | [...] | | |
- Citibank.com
Online Banking, Mortgages, Personal Loans, Investing | Citi.com Skip to Content Image 1: Citi Image 2: Citi FDIC Insured Image 3ATM / BRANCH Image 4ESPAÑOL Credit Cards View All Credit Cards Balance Transfer Credit Cards 0% Intro APR Credit Cards Rewards Credit Cards Cash Back Credit Cards Travel Credit Cards Retail Store Cards Small Business Credit Cards Quick Links [...] Image 5Citi® Credit Knowledge Center Image 6See If You’re Pre-Qualified Image 7Citi Shop Image 8Respond to Mail Offer Image 9Check Your Application Banking Checking Savings Banking Overview Certificates of Deposit Banking IRAs Rates Small Business Banking Quick Links Image 10Personal Banking Guide Image 11Small Business Guide Image 12Citi® Bonus Offers Lending [...] Investing Overview Self-Directed Investing Guided Investing Working with an Advisor Quick Links Image 18Planning Tools Image 19Market Insights Image 20Investments & Insurance Wealth Management Citigold Citigold® Private Client Citi Priority Quick Links Image 21Find a Wealth Team Image 22Planning Tools ATM / BRANCH Open an Account How can we help?
- Citi.com: Online Banking, Mortgages, Personal Loans, Investing
Online Banking, Mortgages, Personal Loans, Investing | Citi.com Skip to Content Image 1: Citi Image 2: Citi FDIC Insured Image 3ATM / BRANCH Image 4ESPAÑOL Credit Cards Explore Cards See If You’re Pre-Qualified Rewards Cards Travel Cards Balance Transfer Cards Cash Back Cards Retail Store Cards No Annual Fee Cards View All Cards Quick Links [...] You've successfully cleared the User ID ! Citi CITI® CHECKING ACCOUNTS Open. Deposit. Earn $325. Earn a bonus when you open a Regular Checking account with Enhanced Direct Deposits & required activities. Learn More Earn a bonus when you open a Regular Checking account with Enhanced Direct Deposits & required activities. Image 22: Open. Deposit. Earn $325. User ID Password - [x] Remember User ID Sign On Register / Activate Forgot User ID or Password [...] Image 5Citi® Credit Knowledge Center Image 6Citi Shop Image 7Respond to Mail Offer Image 8Check Your Application Banking Checking Savings Banking Overview Certificates of Deposit Banking IRAs Rates Small Business Banking Quick Links Image 9Personal Banking Guide Image 10Small Business Guide Image 11Citi® Bonus Offers Lending
Wikidata
View on WikidataImage
Country
Founder
Instance Of
Headquarters
Inception Date
1/1/1812
DBPedia
View on DBPediaLocation Data
Citibank, Avenue Félix Houphouet Boigny, Trois quartiers, 1er Arrondissement de Libreville, Libreville, Estuaire, Gabon
Coordinates: 0.4214340, 9.4290632
Open Map.jpg)