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Divisions of Citigroup

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Real estate

It's most famous office building is the Citigroup Center, a diagonal-roof skyscraper located in New York City's Midtown Manhattan, although it barely has any office presence in there, its headquarters moved across the block to an anonymous building on 399 Park Avenue (the site of the original location of the City National Bank). Smith Barney leases a building in the Tribeca neighborhood in Manhatten, the former headquarters of the Travelers Group and famous for its red Umbrella Sculpture.

Divisions

Global Consumer Group

  • Cards
    • World’s largest provider of credit cards
    • Second Quarter '04 Net Income of $1.012 billion
  • Consumer Finance
    • Largest Consumer Finance company in the world
    • Second Quarter '04 Net Income of $594 million
  • Retail Banking
    • Citibank: highest-rated, leading global brand
    • Second Quarter '04 Net Income of $1.156 billion

Global Corporate and Investment Bank

  • Capital Markets & Banking
    • #1 underwriter of Combined Debt and Equity and Equity-related transactions
    • Second Quarter '04 Net Income of $1.502 billion
  • Global Transaction Services
    • Leading provider of transaction products; $7.0 trillion in assets under custody
    • Second Quarter '04 Net Income of $261 million

Global Investment Management

  • Life Insurance & Annuities(Life and Annuity Insurance Underwriter)
    • One of the fastest growing life insurers in the U.S with expanding international presence
    • Second Quarter '04 Net Income of $230 million
  • Private Bank
    • Offers widest range of services to more than 25,000 of the world’s most successful and influential families
    • Second Quarter '04 Net Income of $152 million
  • Asset Management(Mutual Funds, Pension Funds, and investment for institutions)
    • A leader with $490.5 billion in assets under management
    • Second Quarter '04 Net Income of $69 million

Smith Barney

  • Private Client Services(Stock Brokerage)
    • A leader in managed accounts with $1.087 trillion in total client assets
    • Second Quarter '04 Net Income of $209 million

Subsidiaries

  • Citibank, provinding consumer banking products.
  • Citimortage, Mortgage Lender
  • Citifinancial, Consumer finance aka sub-prime lending
  • Diner's Club International, credit cards.
  • Grupo Financiero Banamex, largest Mexico bank
  • Primerica, engages in multi-level-marketing of financial services
  • SmithBarney, investment services, both retail full service brokerage, private client services, and formerly the brand name used for the Investment bank
  • Travelers Life & Annuity, insurance services.

Overview Citigroup / Travelers Group

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