Citi's History

Schroder & Co. Inc.

The timeline below represents the history of this business until it became a part of the Citigroup family.

1818

J. Henry Schröder & Co. is founded in London. As international trade grows in the next decade, the firm's business as guarantor of bills of exchange thrives. The guaranteeing of bills of exchange comes to be known as merchant banking.

1940

Company name is changed to J. Henry Schroder & Co.