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This ancient Citibank sign sleeps no more
Photo credit: Urbanite
Long before it was "Citibank," the now-hobbled financial concern was known as the First National City Bank, as this recently revealed sign demonstrates in Downtown Brooklyn. (Photo by Jefferson Siegel)
A bit of history emerges from under a scaffolding on Jay Street in Downtown Brooklyn.
The First National City Bank was originally the City Bank of New York, founded in 1812. In 1976 FNCB became Citibank and in 1998 it merged with Travelers Group to become Citicorp and finally Citigroup.
This year the government ended up taking an almost 40% stake in Citigroup.
--Jefferson Siegel
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