This article will introduce you to the five most common types of bank accounts in the United States, as well as the country's four largest banks.

In this article, you will find details on Citibank account opening requirements, minimum deposit and process.

American Citibank Credit Card Recommendations: This article provides a detailed introduction to the characteristics, advantages, and methods of obtaining cashback benefits of several popular Citi credit cards.

New York Attorney General Letitia James sued Citibank, accusing it of failing to protect victims of fraud and refusing to reimburse victims for their expenses.。

On January 12, local time, a number of major U.S. Wall Street banks announced their fourth quarter 2023 results。Financial results show that Citibank's fourth quarter from profit to loss, the CEO said that the quarter results "look bad" "extremely disappointing," the bank's revenue fell 3% year-on-year to 174.$400 million, missing analyst expectations of 187.$400 million。According to US media reports, Citibank announced that it will lay off 20,000 people in the next two years, accounting for about 10% of its total workforce.。Up to $2.5 billion in savings expected。

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On October 9, Citigroup China published "Important Notice on Citigroup's Personal Banking Wealth Management Business in Mainland China" on its website.。According to the Notice, Citi has recently signed an agreement with HSBC China to transfer its personal banking wealth management business in Mainland China, including accounts, deposits and related wealth management products (except insurance products) held by individual customers.。Citi said that in April 2021, the company announced a global strategic realignment and transformation, and has withdrawn from personal banking in multiple markets around the world.。The transfer of wealth management business of personal banking in mainland China is part of the strategic adjustment.。Citi expects the transaction to close in the first half of 2024.。In addition, other businesses of Citi China Personal Bank continue to be gradually shut down.。For example, the acquisition does not include the credit card business, but the credit card business is also within the scope of Citi's personal banking strategy and will be closed in the future.。

Citigroup is planning a massive overhaul of its business that will involve job cuts, in one of the biggest organizational restructurings the bank has experienced in about two decades.。

Following the PPI and CPI data both cold, the market has begun to increase the Fed's expectations of the end of the rate hike cycle, and the unsatisfactory monthly rate of retail sales, is undoubtedly once again to add to this view。

On March 21, the same trip released 2022 financial results。Financial data show that in 2022, the same trip to achieve revenue of 65.800 million yuan, a decrease of 12.6%。

On Tuesday, local time, a series of phone calls between JPMorgan CEO Jamie Dimon, Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen began the $30 billion rescue of First Republic Bank.。