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INTERNATIONAL BANKING - CITIBANK

Citibank NA does not provide an individual annual report since it is a key member of Citigroup Inc., which is a diversified holding company whose businesses "provide a broad range of financial services to consumer and corporate customers around the world. The Company's activities are conducted through Global Consumer, Global Corporate and Investment Bank, Asset Management, and Investment Activities 1998 10K, 3).

Citibank's current and past performance (ROA and ROE included) can be judged by this excerpt from the company's 10K.

FIVE-YEAR SUMMARY OF SELECTED FINANCIAL DATA

In Millions of Dollars, Except Per Share Amounts

Total revenues, net of interest expense

Citigroup enjoys revenues from many sources within its four main operational segments.

The Company's Global Consumer segment generates revenues from a global, full-service bank (Citibank) which pursues branch and electronic banking, consumer lending services and credit and charge card services, personalized wealth management services for high net worth clients, and life, auto and homeowners insurance.

The Global Corporate and Investment Bank generates revenues from transactions and management of corporations, financial institutions, governments, and other participants in developed and emerging markets throughout the world providing investment banking, retail brokerage, corporate banking and cash management products and services, and commercial insurance.

The Asset Management division generates revenu

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INTERNATIONAL BANKING - CITIBANK. (1969, December 31). In LotsofEssays.com. Retrieved 00:28, April 19, 2024, from https://www.lotsofessays.com/viewpaper/1696269.html