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Citigroup Tower in Shanghai

SHANGHAI, CHINA - AUGUST 11, 2025 - Citigroup Tower in Shanghai, China on August 11, 2025.

BILDERBERG MEETING STOCKHOLM

Jane Fraser, CEO of Citigroup, outside the Grand Hotel during the Bilderberg meeting in Stockholm, Sweden, Thursday June 12, 2025. The Bilderberg Group has booked the Grand Hotel in central Stockholm from June 10 to June 14.Photo: Christine Olsson / TT / Code 10430

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US: Climate Activists Hold Multi-Day Protest Outside Citi HQ In New York City

Activists from climate groups Stop the Money Pipeline, New York Communities for Change, Climate Defenders, and Planet Over Profit held a multi-day protest called "The Summer of Heat on Wall Street" outside the Citigroup's headquarters in New York City beginning Monday, June 10. NYPD arrested some of the protesters due to disorderly conduct during the activists' blockade of the entrance to the building. The protesters were demanding Wall Street to stop funding oil, coal, and gas.

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US: Climate Activists Hold Multi-Day Protest Outside Citi HQ In New York City 2

Activists from climate groups Stop the Money Pipeline, New York Communities for Change, Climate Defenders, and Planet Over Profit held a multi-day protest called "The Summer of Heat on Wall Street" outside the Citigroup's headquarters in New York City beginning Monday, June 10. NYPD arrested some of the protesters due to disorderly conduct during the activists' blockade of the entrance to the building. The protesters were demanding Wall Street to stop funding oil, coal, and gas.

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US: Climate Activists Hold Multi-Day Protest Outside Citi HQ In New York City 3

Activists from climate groups Stop the Money Pipeline, New York Communities for Change, Climate Defenders, and Planet Over Profit held a multi-day protest called "The Summer of Heat on Wall Street" outside the Citigroup's headquarters in New York City beginning Monday, June 10. NYPD arrested some of the protesters due to disorderly conduct during the activists' blockade of the entrance to the building. The protesters were demanding Wall Street to stop funding oil, coal, and gas.

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Banking, Housing, And Urban Affairs Hearing - Washington

Charles W. Scharf, CEO And President, Wells Fargo & Company; Brian Thomas Moynihan, Chairman And CEO, Bank of America; Jamie Dimon, JPMorgan Chase & Co.; Jane Fraser, CEO, Citigroup; Ronald O’Hanley, State Street; Robin Vince, BNY Mellon; David Solomon, Goldman Sachs; James P. Gorman, Morgan Stanley raise their hands to a series of yes or no questions from Senators at a Senate Banking, Housing, and Urban Affairs hearing in the Hart Senate office building in Washington, DC, USA on Wednesday, December 6, 2023. Photo by Annabelle Gordon/CNP/ABACAPRESS.COM

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Banking, Housing, And Urban Affairs Hearing - Washington

Charles W. Scharf, CEO And President, Wells Fargo & Company; Brian Thomas Moynihan, Chairman And CEO, Bank of America; Jamie Dimon, JPMorgan Chase & Co.; Jane Fraser, CEO, Citigroup; Ronald O’Hanley, State Street; Robin Vince, BNY Mellon; David Solomon, Goldman Sachs; James P. Gorman, Morgan Stanley are sworn in at a Senate Banking, Housing, and Urban Affairs hearing to examine Wall Street firms in the Hart Senate office building in Washington, DC, USA on Wednesday, December 6, 2023. Photo by Annabelle Gordon/CNP/ABACAPRESS.COM

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Banking, Housing, And Urban Affairs Hearing - Washington

Jane Fraser, CEO, Citigroup at a Senate Banking, Housing, and Urban Affairs hearing to examine Wall Street firms in the Hart Senate office building in Washington, DC, USA on Wednesday, December 6, 2023. Photo by Annabelle Gordon/CNP/ABACAPRESS.COM

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Banking, Housing, And Urban Affairs Hearing - Washington

Jane Fraser, CEO, Citigroup at a Senate Banking, Housing, and Urban Affairs hearing to examine Wall Street firms in the Hart Senate office building in Washington, DC, USA on Wednesday, December 6, 2023. Photo by Annabelle Gordon/CNP/ABACAPRESS.COM

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U.S.-WASHINGTON, D.C.-SENATE-HEARING-BANK-CEO

(231206) -- WASHINGTON, Dec. 6, 2023 (Xinhua) -- Jane Fraser, CEO of Citigroup, attends a hearing on Annual Oversight of Wall Street Firms before the Senate Committee on Banking, Housing, and Urban Affairs in Washington, D.C., the United States, on Dec. 6, 2023. (Photo by Aaron Schwartz/Xinhua)

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Citigroup Japan chief shows long-term commitment to Japan market

TOKYO, Japan - Douglas Peterson, Citigroup Inc.'s top executive in Japan and president of Nikko Cordial Corp., speaks in an interview with Kyodo News in Tokyo on Feb. 5. He said that the U.S. financial giant has a ''long-term commitment'' to the Japanese market as it has a high potential for growth. Peterson met with Kyodo a week after the U.S. financial firm fully acquired Nikko, Japan's No. 3 brokerage house.

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Norinchukin Bank in talks with Citigroup to buy Nikko Principal

TOKYO, Japan - Photo taken Aug. 10 shows a building in Tokyo's Yurakucho district which houses Norinchukin Bank. Industry sources said the same day the bank is talking with Citigroup Inc. to acquire Nikko Principal Investments Japan Ltd., a part of the major U.S. financial group.

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New Nikko Cordial kicks off operations as Sumitomo Mitsui unit

TOKYO, Japan - Eiji Watanabe (2nd from L), president of Nikko Cordial Securities, Sumitomo Mitsui Banking Corp. President Masayuki Oku (2nd from R) and other officials shake hands in front of the new logo of Nikko Cordial Securities Inc. at its headquarters in the Kabutocho financial district in Tokyo on Oct. 1, 2009. The company began operations the same day as a wholly owned unit of SMBC after the completion of the bank's acquisition of the retail brokerage house from Citigroup Inc. of the United States.

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SMFG to buy Nikko Cordial, bulk of Nikko Citigroup for 545 bil. yen

TOKYO, Japan - Teisuke Kitayama (L), president of Sumitomo Mitsui Financial Group Inc., along with Citigroup Vice Chairman Stephen Volk (R), announces at a Tokyo hotel on May 1 that SMFG has reached an agreement with Citigroup to acquire Nikko Cordial Securities Inc. and the bulk of Nikko Citigroup Ltd. for 545 billion yen.

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SMFG to buy Nikko Cordial, bulk of Nikko Citigroup for 545 bil. yen

TOKYO, Japan - Executives of Sumitomo Mitsui Financial Group Inc. and Citigroup Inc. shake hands at a Tokyo hotel on May 1 after announcing they have reached an agreement that SMFG will acquire Nikko Cordial Securities Inc. and the bulk of Nikko Citigroup Ltd. for 545 billion yen. (From L) Nikko Cordial Securities President Eiji Watanabe, Sumitomo Mitsui Banking Corp. President Masayuki Oku, SMFG President Teisuke Kitayama, Citigroup Vice Chairman Stephen Volk, and Nikko Citi Holdings Inc. Chairman and President Douglas Peterson.

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Citigroup to eye merger of 2 Japanese securities units in 2010

TOKYO, Japan - Nikko Citi Holdings Inc. Chairman and President Douglas Peterson speaks to reporters in Tokyo on Dec. 17. Peterson said that Citigroup Inc. of the United States is planning to achieve the merger of its two Japanese securities units in 2010 after it was postponed amid the global financial turmoil.

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Citigroup fully acquires Nikko, to replace president

TOKYO, Japan - Douglas Peterson, chief executive officer of Citigroup Japan Holdings Ltd., speaks during a news conference in Tokyo on Jan. 29 as Citigroup Inc. fully acquired Nikko Cordial Corp. through a stock swap deal the same day. Peterson will become president of Japan's third-largest brokerage house on Jan. 30, replacing Shoji Kuwashima.

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Citigroup debuts on TSE as its CEO quits amid subprime woes

TOKYO, Japan - Atsushi Saito (L), president of the Tokyo Stock Exchange, and Douglas Peterson, chief executive officer of Citigroup Japan Holdings Ltd., shake hands during a ceremony at the TSE in Tokyo on Nov. 5 to celebrate the U.S. financial giant's listing on the TSE's First Section.

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Citigroup debuts on TSE as its CEO quits amid subprime woes

TOKYO, Japan - Douglas Peterson, chief executive officer of Citigroup Japan Holdings Ltd., strikes the bell at the Tokyo Stock Exchange in Tokyo on Nov. 5 to celebrate the listing on the TSE's First Section. Citi's initial quote of 4,580 yen, reached about 20 minutes into the trading session, was up 5.7 percent from the reference price of 4,330 yen set by the TSE. The stock ended the morning session at 4,550 yen.

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Citigroup debuts on TSE as its CEO quits amid subprime woes

TOKYO, Japan - Douglas Peterson, chief executive officer of Citigroup Japan Holdings Ltd., speaks during a ceremony at the Tokyo Stock Exchange in Tokyo on Nov. 5 to celebrate the U.S. financial giant's listing at the TSE's First Section on Nov. 5.

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Citigroup to wholly own Nikko Cordial via triangular merger

TOKYO, Japan - Kazuyoshi Kimura (L), deputy chairman of Nikko Cordial Corp., Douglas Peterson (C), chief executive officer of Citigroup Japan Holdings Ltd., and Shoji Kuwashima, director of Nikko Cordial, shake hands after a press conference at a hotel in Tokyo on Oct. 2 at which they announced that Citigroup will wholly own its Japanese brokerage arm Nikko Cordial by the end of January under a triangular merger scheme.

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Citigroup to wholly own Nikko Cordial via triangular merger

TOKYO, Japan - Kazuyoshi Kimura (L), deputy chairman of Nikko Cordial Corp., Douglas Peterson (C), chief executive officer of Citigroup Japan Holdings Ltd., and Shoji Kuwashima, director of Nikko Cordial, hold a joint press conference in a hotel in Tokyo on Oct. 2 to announce that Citigroup will wholly own its Japanese brokerage arm Nikko Cordial by the end of January under a triangular merger scheme.

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Citigroup succeeds in tender offer for Nikko

TOKYO, Japan - Shoji Kuwashima (L), president of Nikko Cordial Corp., and Douglas Peterson, chief executive officer of the Japanese branch of Citibank N.A., hold a joint news conference at a hotel in Tokyo on April 27 after Citigroup Inc. successfully completed its tender offer for Japan's third-biggest brokerage.

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Citigroup succeeds in tender offer for Nikko

TOKYO, Japan - Shoji Kuwashima (L), president of Nikko Cordial Corp., and Douglas Peterson, chief executive officer of the Japanese branch of Citibank N.A., shake hands after their joint news conference at a hotel in Tokyo on April 27. Citigroup Inc. said it has successfully completed its tender offer for Nikko Cordial Corp., raising its stake in Japan's third-biggest brokerage to 61.1 percent from 4.9 percent in a $7.7 billion cash bid.

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Citigroup to launch Nikko Cordial buyout bid on March 15

TOKYO, Japan - Douglas Peterson, chief executive officer of the Japanese branch of Citibank N.A., speaks at a news conference in Tokyo on March 14 about Citigroup's friendly takeover bid for Nikko Cordial Corp.

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No change to Nikko-Citigroup tie-up plan

TOKYO, Japan - Nikko Cordial Corp. President Shoji Kuwashima said at a news conference in Tokyo on March 12 that there will be no change to its plan to form a capital and business tie-up with Citigroup Inc., even though Japanese bourses decided not to delist Nikko's stock over its involvement in accounting fraud.

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Citigroup to launch buyout bid to make Nikko subsidiary

TOKYO, Japan - Nikko Cordial Corp. President Shoji Kuwashima (L) and Douglas Peterson, chief executive officer of the Japanese branch of Citibank N.A., at a news conference in Tokyo on March 6 where they announced that Citigroup Inc. will launch a takeover bid within a week to make Nikko Cordial a subsidiary.

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Citigroup to launch buyout bid to make Nikko subsidiary

TOKYO, Japan - Nikko Cordial Corp. President Shoji Kuwashima (L) and Douglas Peterson, chief executive officer of the Japanese branch of Citibank N.A., at a news conference in Tokyo on March 6, announcing that Citigroup Inc. will launch a takeover bid within a week to make Nikko Cordial a subsidiary.

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Citigroup CEO Prince apologizes to Japanese public

TOKYO, Japan - Citigroup Inc. Chief Executive Officer Charles Prince (R) apologizes to the Japanese public during a press conference Oct. 25 for a series of problems involving Citibank Japan's private banking operations. Citigroup said it will cease its private banking and trust banking operations in Japan by the end of next September as part of a business improvement plan.

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It's business as usual for most New Yorkers after terror alert

NEW YORK, United States - Heavily armed New York Police Department officers stand guard in front of the Citigroup Center building in the heart of midtown Manhattan on Aug. 2 after authorities said they learned of al-Qaida threats against key American financial institutions.

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Citigroup to cut equity stake in Nikko Cordial

TOKYO, Japan - Junichi Arimura (L), president of Nikko Cordial Corp., and Deryck Maughan, chairman and chief executive officer of Citigroup International, shake hands at the end of their joint news conference in Tokyo on June 21.

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Rubin becomes co-chairman of Citigroup

NEW YORK, United States - Former U.S. Treasury Secretary Robert Rubin (R), who became a director and co-chairman of Citigroup Inc. on Oct. 26, shakes hands with his partners, John Reed (L) and Sandy Weill (C), both chairmen and chief executive officers of the U.S. financial services company. Rubin will work with them in managerial and operational matters.

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Nikko to boost info gathering via tie-up with Citigroup

Nikko Securities Co. President Masashi Kaneko says his company will improve its capacity to gather overseas corporate and market information as a result of its tie-up with Citigroup Inc. of the United States in a recent interview with Kyodo News.

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Euro falls to parity with USD, hitting 20-year low

STORY: Euro falls to parity with USD, hitting 20-year low DATELINE: July 13, 2022 LENGTH: 00:01:00 LOCATION: FRANKFURT, Germany CATEGORY: ECONOMY SHOTLIST: 1. various of the European Central Bank STORYLINE: For the first time in two decades, the euro on Tuesday fell to parity with the U.S. dollar, meaning one U.S. dollar is equal in value to one euro. The single currency of 19 European Union countries has not fallen to or below a one-to-one exchange rate with the U.S. dollar since December 2002. The euro continued to fall from Tuesday morning and traded at par with the U.S. dollar in a short-term in intraday trading. After reaching parity, the euro exchange rate picked up again slightly. As of 4:20 p.m. local time (1420 GMT), euro was trading for 1.005 dollars in the currency market. The euro will continue to fall even after falling below par with the dollar, said Ebrahim Rahbari, global head of foreign exchange analysis at Citigroup. Euro has slumped 10 percent against U.S. dollar since the start of

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Citigroup CEO Prince apologizes to Japanese public

TOKYO, Japan - Citigroup Inc. Chief Executive Officer Charles Prince (R) apologizes to the Japanese public during a press conference Oct. 25 for a series of problems involving Citibank Japan's private banking operations. Citigroup said it will cease its private banking and trust banking operations in Japan by the end of next September as part of a business improvement plan. (Kyodo)

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Citigroup to launch buyout bid to make Nikko subsidiary

TOKYO, Japan - Nikko Cordial Corp. President Shoji Kuwashima (L) and Douglas Peterson, chief executive officer of the Japanese branch of Citibank N.A., at a news conference in Tokyo on March 6, announcing that Citigroup Inc. will launch a takeover bid within a week to make Nikko Cordial a subsidiary. (Kyodo)

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Citigroup to launch buyout bid to make Nikko subsidiary

TOKYO, Japan - Nikko Cordial Corp. President Shoji Kuwashima (L) and Douglas Peterson, chief executive officer of the Japanese branch of Citibank N.A., at a news conference in Tokyo on March 6 where they announced that Citigroup Inc. will launch a takeover bid within a week to make Nikko Cordial a subsidiary. (Kyodo)

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No change to Nikko-Citigroup tie-up plan

TOKYO, Japan - Nikko Cordial Corp. President Shoji Kuwashima said at a news conference in Tokyo on March 12 that there will be no change to its plan to form a capital and business tie-up with Citigroup Inc., even though Japanese bourses decided not to delist Nikko's stock over its involvement in accounting fraud. (Kyodo)

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Citigroup succeeds in tender offer for Nikko

TOKYO, Japan - Shoji Kuwashima (L), president of Nikko Cordial Corp., and Douglas Peterson, chief executive officer of the Japanese branch of Citibank N.A., hold a joint news conference at a hotel in Tokyo on April 27 after Citigroup Inc. successfully completed its tender offer for Japan's third-biggest brokerage. (Kyodo)

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Citigroup succeeds in tender offer for Nikko

TOKYO, Japan - Shoji Kuwashima (L), president of Nikko Cordial Corp., and Douglas Peterson, chief executive officer of the Japanese branch of Citibank N.A., shake hands after their joint news conference at a hotel in Tokyo on April 27. Citigroup Inc. said it has successfully completed its tender offer for Nikko Cordial Corp., raising its stake in Japan's third-biggest brokerage to 61.1 percent from 4.9 percent in a $7.7 billion cash bid. (Kyodo)

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Norinchukin Bank in talks with Citigroup to buy Nikko Principal

TOKYO, Japan - Photo taken Aug. 10 shows a building in Tokyo's Yurakucho district which houses Norinchukin Bank. Industry sources said the same day the bank is talking with Citigroup Inc. to acquire Nikko Principal Investments Japan Ltd., a part of the major U.S. financial group. (Kyodo)

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Citigroup to wholly own Nikko Cordial via triangular merger

TOKYO, Japan - Kazuyoshi Kimura (L), deputy chairman of Nikko Cordial Corp., Douglas Peterson (C), chief executive officer of Citigroup Japan Holdings Ltd., and Shoji Kuwashima, director of Nikko Cordial, shake hands after a press conference at a hotel in Tokyo on Oct. 2 at which they announced that Citigroup will wholly own its Japanese brokerage arm Nikko Cordial by the end of January under a triangular merger scheme. (Kyodo)

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Citigroup to wholly own Nikko Cordial via triangular merger

TOKYO, Japan - Kazuyoshi Kimura (L), deputy chairman of Nikko Cordial Corp., Douglas Peterson (C), chief executive officer of Citigroup Japan Holdings Ltd., and Shoji Kuwashima, director of Nikko Cordial, hold a joint press conference in a hotel in Tokyo on Oct. 2 to announce that Citigroup will wholly own its Japanese brokerage arm Nikko Cordial by the end of January under a triangular merger scheme. (Kyodo)

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Citigroup debuts on TSE as its CEO quits amid subprime woes

TOKYO, Japan - Douglas Peterson, chief executive officer of Citigroup Japan Holdings Ltd., strikes the bell at the Tokyo Stock Exchange in Tokyo on Nov. 5 to celebrate the listing on the TSE's First Section. Citi's initial quote of 4,580 yen, reached about 20 minutes into the trading session, was up 5.7 percent from the reference price of 4,330 yen set by the TSE. The stock ended the morning session at 4,550 yen. (Kyodo)

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Citigroup debuts on TSE as its CEO quits amid subprime woes

TOKYO, Japan - Douglas Peterson, chief executive officer of Citigroup Japan Holdings Ltd., speaks during a ceremony at the Tokyo Stock Exchange in Tokyo on Nov. 5 to celebrate the U.S. financial giant's listing at the TSE's First Section on Nov. 5. (Kyodo)

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Citigroup debuts on TSE as its CEO quits amid subprime woes

TOKYO, Japan - Atsushi Saito (L), president of the Tokyo Stock Exchange, and Douglas Peterson, chief executive officer of Citigroup Japan Holdings Ltd., shake hands during a ceremony at the TSE in Tokyo on Nov. 5 to celebrate the U.S. financial giant's listing on the TSE's First Section. (Kyodo)

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Citigroup fully acquires Nikko, to replace president

TOKYO, Japan - Douglas Peterson, chief executive officer of Citigroup Japan Holdings Ltd., speaks during a news conference in Tokyo on Jan. 29 as Citigroup Inc. fully acquired Nikko Cordial Corp. through a stock swap deal the same day. Peterson will become president of Japan's third-largest brokerage house on Jan. 30, replacing Shoji Kuwashima. (Kyodo)

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Citigroup Japan chief shows long-term commitment to Japan market

TOKYO, Japan - Douglas Peterson, Citigroup Inc.'s top executive in Japan and president of Nikko Cordial Corp., speaks in an interview with Kyodo News in Tokyo on Feb. 5. He said that the U.S. financial giant has a ''long-term commitment'' to the Japanese market as it has a high potential for growth. Peterson met with Kyodo a week after the U.S. financial firm fully acquired Nikko, Japan's No. 3 brokerage house. (Kyodo)

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Citigroup to eye merger of 2 Japanese securities units in 2010

TOKYO, Japan - Nikko Citi Holdings Inc. Chairman and President Douglas Peterson speaks to reporters in Tokyo on Dec. 17. Peterson said that Citigroup Inc. of the United States is planning to achieve the merger of its two Japanese securities units in 2010 after it was postponed amid the global financial turmoil. (Kyodo)

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SMFG to buy Nikko Cordial, bulk of Nikko Citigroup for 545 bil. y

TOKYO, Japan - Teisuke Kitayama (L), president of Sumitomo Mitsui Financial Group Inc., along with Citigroup Vice Chairman Stephen Volk (R), announces at a Tokyo hotel on May 1 that SMFG has reached an agreement with Citigroup to acquire Nikko Cordial Securities Inc. and the bulk of Nikko Citigroup Ltd. for 545 billion yen. (Kyodo)