Citigroup is a financial services holding company whose businesses provide consumers, corporations, governments and institutions with a range of financial products and services. Co. operates in two primary business segments: Citicorp, consisting of Co.'s Global Consumer Banking businesses and Institutional Clients Group; and Citi Holdings, consisting of its Brokerage and Asset Management, Local Consumer Lending businesses, and Special Asset Pool. Co. operates in North America, Europe, Middle East and Africa, Latin America and Asia. As of Dec 31 2012, Co. had total assets of $1.86 trillion and total deposits of $930.56 billion.
The old saying that death and taxes are the only certainties in life should include a third certainty.
Eventually, every one of us is going to pay bank fees.
No matter how careful you are with your finances or how much effort you put into switching banks to avoid fees, eventually you will be hit with some kind of fee. It's one of the prime reasons that banks have become such financial powerhouses in the United States.
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