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Valued at a market cap of $134 billion, Citigroup Inc. (C) is a diversified financial service holding company that provides various financial products and services to consumers, corporations, governments, and institutions. The New York-based company provides a range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services, and wealth management.
Companies worth $10 billion or more are generally described as “large-cap” stocks, and Citigroup fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size, stability, and influence in the banking industry. The investment banking company has around 200 million customer accounts in more than 160 countries and jurisdictions.