Citigroup says some predecessor companies likely saw indirect financial benefits from slavery

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NEW YORK (AP) — Some of the companies that formed what is now Citigroup likely benefitted financially from slavery in the 1800’s, the financial giant…

FILE - A Citibank office is seen in New York on Jan. 13, 2021. Some of the companies that formed what is now Citigroup likely benefitted financially from slavery in the 1800s, the financial giant acknowledged Thursday, July 27, 2023, an admission that comes at a time when numerous institutions are re-examining their historic roots and the roles they played in slavery in the U.S.

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