What is the history of citi bank?

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Citibank was founded in the year 1812 as "City Bank of New York" and was owned and managed by "Moses Taylor" one of the giants of the business world in the 19th century. In 1863 the bank joined the US's new national banking system and became "National City Bank of New York". By 1868 it was considered one of the largest banks in USA.

Following its merger with First National Bank in 1955, the bank changed its name to The First National City Bank of New York and then shortened it to First National City Bank in 1962.

In 1976 the bank was renamed to Citibank, N.A, the name with which it is referred to even today.

Currently Citibank is the third largest bank in USA with more than 1400 branches across USA.
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