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): November 1, 1998


                                 CITIGROUP INC.

               (Exact name of registrant as specified in charter)


       DELAWARE                         1-9924                52-1568099
(State or other jurisdiction  (Commission File Number)      (IRS Employer
      of incorporation)                                   Identification Number)


399 PARK AVENUE, NEW YORK, NEW YORK                              10043
(Address of principal executive offices)                      (Zip Code)


Registrant's telephone number,
including area code:                                       (212) 559-1000


                                 NOT APPLICABLE
         (Former name or former address, if changed since last report)




Item 5. Other Events.

      On November 1, 1998,  Citigroup Inc. issued a press release announcing the
integration of its corporate business and certain related executive matters. The
relevant portions of that press release are attached hereto as Exhibit 99.01.

Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.

     (c)  Exhibits:

Exhibit No.    Description
- -----------    -----------

99.01          Press Release of Citigroup Inc. dated November 1, 1998


                                       2




                               SIGNATURES

      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 thereunto duly authorized.




                                        CITIGROUP INC.
                                        (Registrant)


                                        By: /s/ Irwin R. Ettinger
                                            ---------------------
                                            Irwin R. Ettinger
                                            Chief Accounting Officer


Dated: November 2, 1998