It was 1812 when City Bank of New York was founded. In 1894 the largest bank in the United States. 1902 she began, to expand internationally and was the first major U.S. bank with a foreign department. Until 1930, she was the world’s largest bank with 100 branches in 23 countries outside the United States. During and after the 2nd World Bank supported the American business (for example, Ford and Standard Oil) of the Nazi regime. In 1955, The First National City Bank of New York renamed in 1962 in First National City Bank and Citibank in 1976. 1989, the total assets of the company at the time as Citicorp parent company around 227 billion U.S. dollars.

As a reason for the spelling with ‘i’ is often stated that the spelling because of problems with the teleprinter the ‘Y’ has been selected. Time is claimed to have no teleprinter ‘Y’Button had times that the telex no alphabet’ Y ‘contained. What actually the reason for the choice of spelling was, but it is by no reliable source of evidence.

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