Citigroup, American financial services corporation formed in 1998 from the merger of Citicorp (itself a holding company incorporated in 1967) and Travelers Group, Inc. Its headquarters are in New York City. Citigroup’s origins date to the early 19th century. In 1811 the U.S. Congress refused to
Citibank does not own Capital One the two popular financial institutions are entirely independent. Capital One is a $40 billion company that offers banking services and credit cards. Citibank is.