BUSINESS SEGMENTS

6 Months Ended

Jun. 30, 2011

3. BUSINESS SEGMENTS

Citigroup is a diversified bank holding company whose businesses provide a broad range of financial services to Consumer and Corporate customers around the world. The Company's activities are conducted through the Regional Consumer Banking, Institutional Clients Group (ICG), Citi Holdings and Corporate/Other business segments.

The Regional Consumer Banking segment includes a global, full-service Consumer franchise delivering a wide array of banking, credit card lending, and investment services through a network of local branches, offices and electronic delivery systems.

The Company's ICG segment is composed of Securities and Banking and Transaction Services and provides corporations, governments, institutions and investors in approximately 100 countries with a broad range of banking and financial products and services.

The Citi Holdings segment is composed of the Brokerage and Asset Management, Local Consumer Lending and Special Asset Pool.

Corporate/Other includes net treasury results, unallocated corporate expenses, offsets to certain line-item reclassifications (eliminations), the results of discontinued operations and unallocated taxes.

The prior-period balances reflect reclassifications to conform the presentation in those periods to the current period's presentation. These reclassifications related to Citi's re-allocation of certain expenses between businesses and segments.

The following tables present certain information regarding the Company's continuing operations by segment for the three- and six-month periods ended June 30, 2011 and 2010, respectively:

		Revenues, net of interest expense(1)				Provision (benefit) for income taxes						Income (loss) from continuing operations(1)(2)						Identifiable assets

		Three Months Ended June 30,
In millions of dollars, except identifiable assets in billions		Three Months Ended June 30,																June 30, 2011		Dec. 31, 2010
		2011		2010		2011			2010			2011			2010			June 30, 2011		Dec. 31, 2010
Regional Consumer Banking		$	8,214	$	8,032	$	650		$	317		$	1,609		$	1,139		$	344	$	331
Institutional Clients Group			8,134		8,457		703			930			2,059			2,600			1,036		953

	Subtotal Citicorp	$	16,348	$	16,489	$	1,353		$	1,247		$	3,668		$	3,739		$	1,380	$	1,284
Citi Holdings			4,011		4,919		(148	)		(650	)		(168	)		(1,204	)		308		359
Corporate/Other			263		663		(238	)		215			(168	)		193			269		271

Total		$	20,622	$	22,071	$	967		$	812		$	3,332		$	2,728		$	1,957	$	1,914

		Revenues, net of interest expense(1)				Provision (benefit) for income taxes						Income (loss) from continuing operations(1)(2)

		Six Months Ended June 30,
*In millions of dollars*		2011		2010		2011			2010			2011			2010
Regional Consumer Banking		$	16,156	$	16,114	$	1,275		$	524		$	3,154		$	2,112
Institutional Clients Group			16,696		18,897		1,778			2,742			4,609			6,716

	Subtotal Citicorp	$	32,852	$	35,011	$	3,053		$	3,266		$	7,763		$	8,828
Citi Holdings			7,294		11,469		(412	)		(1,596	)		(715	)		(2,079	)
Corporate/Other			202		1,012		(489	)		178			(685	)		228

Total		$	40,348	$	47,492	$	2,152		$	1,848		$	6,363		$	6,977

(1): Includes Citicorp total revenues, net of interest expense, in North America of $6.1 billion and $7.0 billion; in EMEA of $2.9 billion and $3.0 billion; in Latin America of $3.5 billion and $3.0 billion; and in Asia of $3.8 billion and $3.5 billion for the three months ended June 30, 2011 and 2010, respectively. Includes Citicorp total revenues, net of interest expense, in North America of $12.4 billion and $14.9 billion; in EMEA of $6.2 billion and $6.7 billion; in Latin America of $6.8 billion and $6.1 billion; and in Asia of $7.5 billion and $7.3 billion for the six months ended June 30, 2011 and 2010, respectively. Regional numbers exclude Citi Holdings and Corporate/Other, which largely operate within the U.S.
(2): Includes pretax provisions (credits) for credit losses and for benefits and claims in the Regional Consumer Banking results of $1.2 billion and $2.5 billion; in the ICG results of $84 million and $(0.2) billion; and in the Citi Holdings results of $2.1 billion and $4.3 billion for the three months ended June 30, 2011 and 2010, respectively. Includes pretax provisions (credits) for credit losses and for benefits and claims in the Regional Consumer Banking results of $2.5 billion and $5.4 billion; in the ICG results of $(98) million and $(0.3) billion; and in the Citi Holdings results of $4.2 billion and $10.1 billion for the six months ended June 30, 2011 and 2010, respectively.