Wednesday, December 12, 2012

Citigroup Stock Analysis

Final Stock Analysis Project Citigroup, Inc. Background Citigroup Inc. is a major American fiscal services company headquartered in New York City. It has been describe that it is one of the worlds largest company, with total assets of US $2 trillion. The company has more than 300,000 employees worldwide and offers a wide snip of monetary services to both consumers and businesses, having around 200 gazillion customer accounts in more than 100 countries. Citigroup Inc. owns retail banking surgical operations including Citibank, which operates business internationally with more than 1,700 branches and nearly 5,200 ATMs, and Grupo Financiero Banamex, S.A. de C.V., one of the largest banks in Mexico with a 1,400-branch network. On top of that, other major operation units include insurance companies and investment banks such as Primerica pecuniary Services, Inc., CitiFinancial, The Travelers Life and Annuity Company. Citigroup is also the largest issuer of credit cards in the world with many kinds of Citi Cards and other subsidiaries. Citigroup was formed by the merger of Citicorp and Travelers Group in 1998, creating the worlds largest financial services organization.
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The company suffered huge losses during the spherical financial crisis of 2008, but despite these huge losses, Citigroup built up great cash file and recovered from the crisis. Now it is one of the best-capitalized financial institutions in the world and one of the Big Four banks in the United States, along with Bank of America, JP Morgan Chase and Wells Fargo. Competitors of Citigroup atomic number 18 primarily in the Money Center Banks industry, and it also competes in the online banking, asset management, and investment banking sectors. Its competitors include Bank of America, HBSC, and JPMorgan Chase. Market Analysis Citigroup Inc. has some(prenominal) competitive advantages over its competitors. First important advantage is its global presence. Even though the company does not have the widest network in the United... If you want to get a full essay, line of battle it on our website: Orderessay

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