Citigroup, Inc., together with its subsidiaries, provides a range of financial products and services to consumer and corporate customers in the United States and internationally. The company’s Global Consumer Group segment offers various banking, lending, insurance, and investment products and services through its branches, automated teller machines (ATMs), and automated lending machines (ALMs), the Internet, telephone, and mail. As of December 31, 2007, this segment operated through a network of 8,527 branches, approximately 20,000 ATMs, and 530 ALMs. Its Markets and Banking segment offers a range of trading, investment banking, and commercial lending products and services, such as securities and banking, and transaction services to companies, governments, and institutions. The company’s Global Wealth Management segment provides investment advice, financial planning, and brokerage services to affluent individuals, companies, and non-profits organizations; personalized wealth management services for high-net-worth clients; and research to individuals and institutions. Its Alternative Investments segment manages products across five asset classes, such as private equity, hedge funds, real estate, structured products, and managed futures. The company also originates and services prime residential mortgage loans. Citigroup, Inc. has a joint venture with SK Telecom Co., Ltd. to develop mobile-banking and payments services. The company was founded in 1812 and is based in New York, New York.