Citigroup's market capitalisation has more than quadrupled since November 2008, making it one of the most prominent risers in its peer group since the worst of the financial crisis.

Citigroup, which with a market cap of around $20bn (€13.8bn) in November 2008 meant it was ranked 30th among its financial peer group, had a stock market value of $95bn as of 11:20 GMT, according to Bloomberg. The bank has jumped to 12th in the rankings.