banks, Citis was the only one deemed to have no deficiencies by both the Federal Reserve Board and Federal Deposit In April we received feedback on our 2015 Resolution and Recovery Plan and we commend management for the successful outcome. Reported, marking the end of what has arguably been the largest bank Result, beginning in 2017, Citi Holdings will no longer be separately At year-end 2016, Holdings assets were $54īillion and represented only about 3% of Citigroups total assets. Over the past several years, theįocus of managements efforts has progressively moved to the latter taskĪs the assets in Citi Holdings have been systematically wound down in anĮconomically rational manner. Improving and investing in the businesses we believe will provide solid Management team has shed over $800 billion in non-core assets while also Reward you, our investors, for your trust and patience. Management team in 2016, but there is still work left to do to properly Engaging with our stockholders is a critical element of good governance, and we will continue to make it a priority.
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