Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Through Citicorp and Citi Holdings, Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

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Was Citi the Fed's sacrificial lamb ?

The Federal Reserve has rejected Citigroup's capital plan, saying it's too difficult to determine how parts of its global operations would weather an economic downturn, but some stock market observers said Thursday the bank was really just the Fed's "sacrificial lamb."

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