Firozabad, a city in the Indian state of Uttar Pradesh, is commonly known by its nicknames "Suhag Nagari" and "The city of Glass." It was earlier known as Chandwar Nagar which was changed to Firozabad after a local champion named Firoz, during the rule of Emperor Akber. The city has been famous for glass and bangle works since these early days and hence its nicknames are extremely appropriate. The glass bangles and related small-scale industry of Firozabad are famous throughout the world. Firozabad suffers from low literacy levels and pollution. Child labor is intensely practiced in this city. Moreover, Firozabad also experiences an acute water crisis as the available water is polluted beyond repair by the discharge from various factories. Around 6 lakh people live in this city that experiences severe climatic conditions in both summer and winter. Most of the residents ofFirozabad are employed in the various units of manufacturing glass products.
On June 16, 1812, the Citi Bank of New York was found. The Samuel Osgood who was the statesman and retired Colonel became the first president of the Citi Bank. William Few became President of the Bank in August 1813, stayed until 1817, followed by Peter Stagg (1817?1825), Thomas Smith (1825?1827), Isaac Wright (1827?1832). In 1837, the ownership and management of the bank was acquired by Moses Taylor, a student of John Jacob Astor and one of the biggest names of the business world in the 19th century. Citibank provides credit cards, commercial loans, mortgages, personal loans, and lines of credit.The Citi bank has 2,649 branches in 19 countries. The U.S. branches are present in six metropolitan areas: New York City, Chicago, Los Angeles, San Francisco, Washington, D.C., and Miami. The US accounted for 70% of revenue and Mexico accounted for 13% of revenue in 2016. Apart from the U.S. and Mexico, most of the branches are in Russia, Pakistan, India, Poland, and the UAE. Citigroup, the parent of Citibank, received financial assistance in the form of an investment from the U.S. Treasury, after the financial crisis of 2007?2008 and huge losses in the value of its subprime mortgage assets.