Citigroup is a prominent investment bank and financial services company based in New York City. This American company was founded in 1998 on 8th October with the efforts of the merger of Citicorp and Travelers to form a world?s largest financial services company. However, the Travelers soon backed out in 2002. As of now, Citigroup falls under the top banking institutions in the U.S., alongside Bank of America, JPMorgan Chase, and Wells Fargo. The Financial Stability Board is considered one of the systemically important banks. Also, it falls under the best eight global investment banks under the Bulge Bracket. Moreover, it ranked 36th in the Fortune 500 and 24th in the Forbes Global 2000.
Prudential Financial is an American company founded in 1875 by John F. Dryden, and located in Prudential Plaza, Newark, New Jersey, United States. It offers extensive services from general insurance to mutual funds, and mortgage loans. Before the company was established, it was called The Widows and Orphans Friendly Society, which was later renamed to Prudential Friendly Society. Prudential delivers its services to retail as well as institutional customers and investors across the world. In 2019, it was the biggest insurance provider across the United States with $815.1 billion in total assets. The company started with a single product, burial insurance. Prudential Financial started as a mutual insurance company and evolved into a joint stock company.
Morgan Stanley is an American financial services company based in Midtown Manhattan, New York City. The company acquires offices in about 41 countries and over 75,000 employees, including institutions, corporations, and individuals. It ranks 61 on the Fortune 500 of 2023 list of the U.S. by revenue. In the same year, the company ranked 30th on the Forbes Global 2000 list. On 16 September 1935, Morgan Stanley was founded by J.P. Morgan & Co., Henry Sturgis Morgan, Harold Stanley, and many others. The company?s main places of business are wealth management, institutional securities, and investment management.
The American Express Company (Amex) is an American financial services corporation founded on 18 March 1850. The company is headquartered at 200 Vesey Street, New York City, United States. It mainly focuses on payment card services, and is considered as the world?s fourth largest card network around the world.? Amex aims to support their customers in acquiring financial confidence, and moving forward with the right strategies. The company offers a variety of products, such as credit cards, charge cards, debit cards, and traveler?s cheques for different types of spending. Its cards are accepted by 99% of U.S merchants. Amex also provides travel services like premium airport lounges.?
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