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Banking

How Has Citibank Evolved Over 200 Years Since 1812?

RBI Headquarters Building

Summary

Founded in 1812, Citibank evolved from a modest New York institution financing war bonds to a global financial leader renowned for innovation. Its journey includes overcoming economic crises, launching groundbreaking services like the Citicard, and adopting state-of-the-art digital banking. Through strategic expansion and focused restructuring, Citibank continues to adapt and drive financial transformation.

Key Takeaways

  • Evolved from a war bonds financier to a global banking leader.
  • Overcame crises and embraced innovative banking solutions.
  • Pioneered products like the Citicard and advancements in digital banking.
  • Strategically restructured operations to focus on core financial services.

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