travelers group


travelers group

Travelers Group is one of the largest all-round financial group companies in the world. It was originally a life and property insurance company and acquired Smith Bonnie, an American investment bank (Smith Barney) later, his business expanded to investment banking, commercial credit, financing services and other fields; in 1987, he acquired and renamed Primerica Corporation; in 1993, he acquired the travelers Corporation and changed its current name; in 1997, he merged Solomon brothers, the fifth largest investment bank in the United States, and became the second largest investment bank in the United States; in 1998, he spent The merger of its bank and traveller group is also the largest enterprise merger in the history of the United States. After the merger, it was renamed Citigroup, and the logo is the red umbrella of traveller group. It has become the first financial group in the history of the United States to integrate many financial services such as commercial banks, investment banks, insurance, mutual funds, securities trading and so on; In 1997, Fortune magazine ranked 58th among the world's top 500, jumping to 16th in 1998.
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