Citigroup research reveals predecessors likely profited indirectly from slavery before 1866

Citigroup acknowledges predecessor companies likely benefited financially from slavery through transactions and relationships.
No records show Citigroup or predecessors directly purchased, sold, or held enslaved persons.
A predecessor bank dealt with a large Alabama landowner using slave labor in the 1830s.
Lehman Brothers, which partially merged with Citigroup in 1998, earned profits connected to slavery.
Moses Taylor, who had a key early role at Citigroup, did business in Cuba using slave labor.