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<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font-family: Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&#160;</FONT><FONT STYLE="font-size: 18pt"><B>U.S.
SECURITIES AND EXCHANGE COMMISSION</B></FONT></P>

<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif"><B>WASHINGTON, D.C. 20549</B></P>

<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif"></P>

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<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font: 18pt Times New Roman, Times, Serif"><B>FORM 8-K</B></P>

<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif"><B>CURRENT REPORT</B></P>

<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif"><B>Pursuant to Section&#160;13
or 15(d) of the Securities Exchange Act of 1934</B></P>

<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif"><B>&nbsp;</B></P>

<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif">Date of Report (Date of earliest
event reported) <B>October&#160;15, 2012</B></P>

<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif">&#160;</P>

<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font: 18pt Times New Roman, Times, Serif"><B>Citigroup&#160;Inc.</B></P>

<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif">(Exact name of Registrant
as specified in its charter)</P>

<P STYLE="text-align: left; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 30%; font-size: 10pt; font-weight: bold; text-align: center; text-indent: 0pt">Delaware</TD>
    <TD STYLE="width: 31%; font-size: 10pt; font-weight: bold; text-align: center; text-indent: 0pt">1-9924</TD>
    <TD STYLE="width: 30%; font-size: 10pt; font-weight: bold; text-align: center; text-indent: 0pt">52-1568099</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>
        <P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">(State or other jurisdiction</P>
        <P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">of incorporation)</P></TD>
    <TD>
        <P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">(Commission</P>
        <P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">File Number)</P></TD>
    <TD>
        <P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">(IRS Employer</P>
        <P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">Identification No.)</P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>
        <P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">399 Park Avenue, New York,</P>
        <P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">New York</P>
        <P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">(Address of principal executive offices)</P></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>
        <P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">10022</P>
        <P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">(Zip Code)</P></TD></TR>
</TABLE>
<P STYLE="text-align: left; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif">&#160;</P>

<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif"><B>(212)&#160;559-1000</B></P>

<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif">(Registrant&#8217;s telephone
number,</P>

<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif">including area code)</P>

<P STYLE="text-align: left; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif">&#160;</P>

<P STYLE="text-align: left; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif">Check the appropriate box below
if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions:</P>

<P STYLE="text-align: left; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif">&#160;</P>

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    <TD STYLE="text-align: left; width: 2%; text-indent: 0pt"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD>
    <TD STYLE="text-align: left; width: 88%; text-indent: 0pt">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0pt"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD>
    <TD STYLE="text-align: left; text-indent: 0pt">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0pt"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD>
    <TD STYLE="text-align: left; text-indent: 0pt">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; text-indent: 0pt"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD>
    <TD STYLE="text-align: left; text-indent: 0pt">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</TD></TR>
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&#160;</P>

<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif"><B>CITIGROUP&#160;INC.</B></P>

<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif"><B>Current Report on Form&#160;8-K</B></P>

<P STYLE="text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif"><B>&#160;</B></P>

<TABLE ALIGN="CENTER" BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 72pt; font-weight: bold; text-indent: 0pt">Item 5.02</TD>
    <TD STYLE="font-weight: bold; text-align: left">Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</TD></TR>
</TABLE>
<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="text-align: left; text-indent: 36pt; margin: 0; font: 10pt Times New Roman, Times, Serif">On October&#160;16, 2012,
Citigroup Inc. (the &#8220;Company&#8221; or &#8220;Citi&#8221;) issued a press release announcing that Vikram
Pandit resigned as Chief Executive Officer and as a member of the Board of Directors of the Company and that John Havens
resigned as President and Chief Operating Officer of the Company and as Chief Executive Officer of the Company&#8217;s
Institutional Clients Group. These resignations occurred after the close of business on October 15, 2012. </P>

<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="text-align: left; text-indent: 36pt; margin: 0; font: 10pt Times New Roman, Times, Serif">In connection with the
departure of Mr.&#160;Pandit, the Board appointed Michael&#160;L. Corbat, as of October 15, 2012, as the Company&#8217;s new
Chief Executive Officer and a member of the Board of Directors. Mr. Corbat, age 52, until his appointment as Chief
Executive Officer, served as the Company&#8217;s Chief Executive Officer of Europe, Middle East and Africa where he oversaw
all of the Company&#8217;s business operations in the region, including consumer banking, corporate and investment
banking, securities and trading, and private banking services.&#160;&#160;Previously, Mr.&#160;Corbat served as the Chief
Executive Officer of Citi Holdings, Citi&#8217;s portfolio of non-core businesses and assets, as the Chief Executive Officer
of Citi&#8217;s Global Wealth Management unit, as the Head of the Global Corporate Bank and Global Commercial Bank at Citi,
and as Head of Global Emerging Markets Debt.&#160;&#160;Mr. Corbat joined Salomon Brothers, a Citi legacy firm, in 1983, and
held a number of positions including Managing Director roles in Emerging Markets, High Yield
and Derivatives.&#160;&#160;Mr.&#160;Corbat earned a bachelor&#8217;s degree in economics from Harvard University
in 1983.&#160;&#160;Mr.&#160;Corbat will receive an annual base salary of $1.5 million and regular incentive awards and
benefits for his service as Chief Executive Officer of the Company.</P>

<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="text-align: left; text-indent: 36pt; margin: 0; font: 10pt Times New Roman, Times, Serif">A copy of the Company&#8217;s
press release announcing the appointment of Mr.&#160;Corbat and the departures of Messrs. Pandit and Havens has been filed as Exhibit
99.1 to this Report and is incorporated herein by reference in its entirety.</P>

<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="margin: 0pt"></P>

<TABLE ALIGN="CENTER" BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 72pt; font-weight: bold; text-indent: 0pt">Item 9.01</TD>
    <TD STYLE="font-weight: bold; text-align: left">Financial Statements and Exhibits.</TD></TR>
</TABLE>
<P STYLE="margin: 0pt"></P>

<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="text-align: left; text-indent: 36pt; margin: 0; font: 10pt Times New Roman, Times, Serif">(d) Exhibits.</P>

<P STYLE="text-align: left; text-indent: 36pt; margin: 0; font: 10pt Times New Roman, Times, Serif">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR>
    <TD STYLE="vertical-align: top; width: 13%; border-bottom: black 2px solid; font-weight: bold; text-align: center; text-indent: 0pt">Exhibit Number</TD>
    <TD STYLE="text-align: left; vertical-align: bottom; width: 77%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="margin: 0pt 0"></P>
        <P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">99.1</P></TD>
    <TD STYLE="text-align: left">
        <P STYLE="margin: 0pt 0">Press Release, dated October&#160;16,&#160;2012, issued by Citigroup Inc.</P></TD></TR>
</TABLE>
<P STYLE="margin: 0pt">&nbsp;</P>

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<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif"><B>SIGNATURE</B></P>

<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif"><B>&#160;</B></P>

<P STYLE="text-align: left; text-indent: 18pt; margin: 0; font: 10pt Times New Roman, Times, Serif">Pursuant to the requirements
of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned
hereunto duly authorized.</P>

<P STYLE="text-align: left; text-indent: 18pt; margin: 0; font: 10pt Times New Roman, Times, Serif">&#160;</P>

<P STYLE="text-align: left; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">
        <P STYLE="margin: 0pt 0">&#160;</P>
        <P STYLE="margin: 0pt 0">&#160;</P>
        <P STYLE="margin: 0pt 0">Dated: October&#160;16, 2012</P></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: left; text-indent: 0pt">CITIGROUP INC.</TD></TR>
<TR>
    <TD STYLE="text-align: left; vertical-align: top; width: 37%">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top; width: 11%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 2%; text-align: center; text-indent: 0pt">By:</TD>
    <TD STYLE="vertical-align: bottom; width: 39%; border-bottom-width: 4px; text-align: left; text-indent: 0pt">&#160;<U>&#160;/s/ Rohan Weerasinghe&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </U></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: left">
        <P STYLE="margin: 0pt 0">Name:&#160; Rohan Weerasinghe</P>
        <P STYLE="margin: 0pt 0">Title:&#160; &#160;General Counsel and Corporate Secretary</P></TD></TR>
</TABLE>
<P STYLE="text-align: left; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif">&#160;</P>

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<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif"><B>EXHIBIT INDEX</B></P>

<P STYLE="margin: 0pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR>
    <TD STYLE="vertical-align: top; width: 13%; border-bottom: black 2px solid; font-weight: bold; text-align: center; text-indent: 0pt">Exhibit Number</TD>
    <TD STYLE="text-align: left; vertical-align: bottom; width: 77%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">99.1</P></TD>
    <TD STYLE="text-align: left">
        <P STYLE="margin: 0pt 0">Press Release, dated October&#160;16,&#160;2012, issued by Citigroup Inc.</P></TD></TR>
</TABLE>
<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="margin: 0pt">&nbsp;</P>



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U.S.
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13
or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest
event reported)
October 15, 2012
Citigroup Inc.
(Exact name of Registrant
as specified in its charter)
Delaware
1-9924
52-1568099
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
399 Park Avenue, New York,
New York
(Address of principal executive offices)
10022
(Zip Code)
(212) 559-1000
(Registrant's telephone
number,
including area code)
Check the appropriate box below
if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions:
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
CITIGROUP INC.
Current Report on Form 8-K
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 16, 2012,
Citigroup Inc. (the "Company" or "Citi") issued a press release announcing that Vikram
Pandit resigned as Chief Executive Officer and as a member of the Board of Directors of the Company and that John Havens
resigned as President and Chief Operating Officer of the Company and as Chief Executive Officer of the Company's
Institutional Clients Group. These resignations occurred after the close of business on October 15, 2012.
In connection with the
departure of Mr. Pandit, the Board appointed Michael L. Corbat, as of October 15, 2012, as the Company's new
Chief Executive Officer and a member of the Board of Directors. Mr. Corbat, age 52, until his appointment as Chief
Executive Officer, served as the Company's Chief Executive Officer of Europe, Middle East and Africa where he oversaw
all of the Company's business operations in the region, including consumer banking, corporate and investment
banking, securities and trading, and private banking services.  Previously, Mr. Corbat served as the Chief
Executive Officer of Citi Holdings, Citi's portfolio of non-core businesses and assets, as the Chief Executive Officer
of Citi's Global Wealth Management unit, as the Head of the Global Corporate Bank and Global Commercial Bank at Citi,
and as Head of Global Emerging Markets Debt.  Mr. Corbat joined Salomon Brothers, a Citi legacy firm, in 1983, and
held a number of positions including Managing Director roles in Emerging Markets, High Yield
and Derivatives.  Mr. Corbat earned a bachelor's degree in economics from Harvard University
in 1983.  Mr. Corbat will receive an annual base salary of $1.5 million and regular incentive awards and
benefits for his service as Chief Executive Officer of the Company.
A copy of the Company's
press release announcing the appointment of Mr. Corbat and the departures of Messrs. Pandit and Havens has been filed as Exhibit
99.1 to this Report and is incorporated herein by reference in its entirety.
Item 9.01
Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number
99.1
Press Release, dated October 16, 2012, issued by Citigroup Inc.
SIGNATURE
Pursuant to the requirements
of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned
hereunto duly authorized.
Dated: October 16, 2012
CITIGROUP INC.
By:
/s/ Rohan Weerasinghe
Name:  Rohan Weerasinghe
Title:   General Counsel and Corporate Secretary
EXHIBIT INDEX
Exhibit Number
99.1
Press Release, dated October 16, 2012, issued by Citigroup Inc.