Kathleen Cole, Member
@kathleen_cole
Yes, Citi and Citibank are the same, as Citi is just the shortened form of the longer brand name Citibank. Citibank changed their classic red umbrella logo to reflect only the name Citi in 2007 as part of a rebranding effort.
Citigroup is the parent company of Citibank, formed after Citicorp agreed to merge with Travelers Group in 1998. If you're interested in learning more about Citibank and its products, check out WalletHub’s collection of Citibank reviews.
People also ask
Which bank is bigger Citi or Chase?
Chase is larger than Citibank in terms of total assets. Chase has total assets of approximately $3.503 trillion, making it the largest bank in the United States. In comparison, Citibank has total assets of around $1.698 trillion.
For market capitalization, the total value of a company’s shares, Chase again leads. As of early 2025, Chase’s market cap hovers around $573 billion, while Citigroup’s is closer to $121 billion. This difference highlights investor confidence in...
read full answer by Ramses Delgado, Banking ModeratorWho took over Citibank?
Citibank itself hasn't been 'taken over' in the sense of a complete acquisition by another entity. It remains a major subsidiary of Citigroup, the financial conglomerate formed in 1998 through the merger of Citicorp (Citibank’s parent) and Travelers Group. Citigroup continues to operate Citibank as its primary banking arm, and no single company or individual has acquired Citibank or Citigroup outright.
Recently, Citigroup, Citibank’s parent company, has been selling off its consumer banking businesses...
read full answer by Ramses Delgado, Banking ModeratorDid we answer your question?
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