Item 7.01 Regulation FD Disclosure.
As previously disclosed in its Annual Report on Form 10-K for the year ended
December 31, 2021 (2021 Annual Report on Form 10-K) and its Current Report on
Form 8-K filed on March 2, 2022, in the first quarter of 2022, Citigroup (Citi)
made management reporting changes to align with its vision and strategy, as part
of its strategic refresh. Also in the first quarter of 2022, Citi revised its
financial reporting structure to align with these management reporting changes.
For additional information on the management reporting changes and revised
financial reporting structure, including revised segments and reporting units,
please see page 6 of Citi's 2021 Annual Report on Form 10-K.
Accordingly, Citi is furnishing the attached Summary Historical Financial
Information for the three year quarterly and annual periods ended December 31,
2021, reflecting the first quarter 2022 revisions to its financial reporting
structure. This Current Report on Form 8-K is intended to facilitate and assist
with comparability of information to be included in Citi's first quarter of 2022
earnings announcement on April 14, 2022, including Citi's Quarterly Financial
Data Supplement for the quarter ended March 31, 2022. This Current Report on
Form 8-K, including the attached Exhibit 99.1, is being "furnished" pursuant to
the Securities Exchange Act of 1934 (Act) and thus shall not be deemed to be
"filed" for purposes of Section 18 of the Act or otherwise subject to the
liabilities of that section or incorporated by reference into any filings under
the Securities Act of 1933.
After the filing of its Quarterly Report on Form 10-Q for the quarterly period
ended March 31, 2022 (First Quarter 2022 Form 10-Q), Citi intends to file a
Current Report on Form 8-K, consistent with ASC 280, Segment Reporting,
containing the applicable historical audited financial statements and notes, and
certain Management's Discussion and Analysis of Financial Condition and Results
of Operations sections from Citi's 2021 Annual Report on Form 10-K, conformed to
reflect the revised financial reporting structure.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number
99.1 Citigroup Inc. Summary Historical Financial Information for the
three year quarterly and annual periods ended December 31, 2021
99.2 Citigroup Inc. securities registered pursuant to Section 12(b) of
the Securities Exchange Act of 1934 as of the filing date.
104.1 See the cover page of this Current Report on Form 8-K, formatted in
Inline XBRL.
© Edgar Online, source Glimpses