serampore is a famous historical town in the Indian state of West Bengal. While Serampore is the British spelling, the name of this town is spelled in different ways such as Srirampur, Shreerampore, Shrirampur, etc. The town is located in the Hooghly district and it functions as the headquarter of the Srirampore subdivision. The town is covered by the Kolkata Metropolitan Development Authority. Serampore is a pre-colonial town, situated on the west bank of River Hooghly. It was under the Danish rule from 1755 to 1845 and was known as Frederiknagore during the Danish dominance. This old city has stood the test of time and witnessed many social changes such as the rise and fall of feudalism, the advent of the Danes, the Bengal Renaissance during the British governance and subsequent industrial development in the post-independent era. Serampore has now become a satellite town of Kolkata and is undergoing rapid urbanization. There are many pristine educational institutions at Serampore - the Serampore College, Government College of Engineering and Textile Technology, Chatra Nandalal Institution are a few to name. The Mahesh area in Serampore is well-known for its yearly "Rath-Yatra" (Chariot ceremony in honor of God Jagannath) when thousands of devotees from all over the state flock to this town to witness the grand ceremony. The city of Serampore is very well connected to the rest of the state via railway and road.
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.