Sanford "Sandy" Weill is an American banker, financier, and philanthropist best known for his role in the creation of Citigroup, a multinational investment bank and financial services corporation. Weill's career in the financial industry spans several decades, during which he played a significant role in the formation and growth of major financial institutions in the United States.
Early Life and Education:
Citigroup Inc., commonly known as Citi, is a multinational investment bank and financial services corporation headquartered in New York City, United States. Founded by Sanford Weill in 1812 as the City Bank of New York, it later became the First National City Bank of New York. Citigroup was formed in 1998 through the merger of Citicorp and Travelers Group, creating one of the world's largest financial services organizations.
Key aspects of Citigroup include: