scale and scope at citigroup revised august 28 2002 chairman ceo sanford sandy weill reflected on a long successful career in which he built one of the largest most profitable financial service companies world his strategy had always been growth through acquisition consistently increasing firm s size product geographic range but now wondered should continue to expand or follow lead many competitors focus businesses its precursors with coveted single letter ticker symbol c is result 1998 merger citicorp travelers group broke new ground combining commercial banking investment insurance under roof for first time us since federal legislation forced their separation 1930s was incorporated as city bank york 1812 became national 1865 renamed 1974 dawn twentieth century followed corporate customers abroad opening branches europe london 1902 genoa 1916 petrograd
