Citi has built a
business on local and international partnership.
In 1948 as the world's economy emerged from the war, demand for fuel oil skyrocketed. Moving oil was slow and expensive, so Aristotle Onassis wanted to double the capacity of tankers. He turned to Citi to finance the world's first supertanker. Today these supertankers are moving more resources — and fueling the global economy — all around the world.Explore these and other milestones in our
The City Bank of New York was formed on June 16th, 1812, after overcoming many obstacles and political maneuverings. Led by Samuel Osgood, a far-sighted elder statesman who believed in expanding trade across borders, the bank let New York compete with Boston, Baltimore and Philadelphia for the nation's business.Learn more about our heritage