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Citi Signs U.S. Equality Act
By Jamie Forese, President, Citi and Head of ICG and Bob Annibale, Global Director, Citi Inclusive Finance and Community Development, Co-leads Citi Pride Affinity March 15, 2019 07:15 PM
Citi is proud to join the Business Coalition for the Equality Act, a group of leading U.S. employers that support the proposed Equality Act, federal legislation that would provide the same basic protections to Lesbian, Gay, Bisexual, Transgender and Queer (LGBTQ) people as are provided to other protected groups under federal law.
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Financial Inclusion at Scale
By James Forese, President of Citigroup and CEO of the Institutional Clients Group March 13, 2019 09:45 AM
Most of us can easily comprehend the economic and social case for financial inclusion, but to develop solutions that meet the needs of underserved households, we need to understand people’s individual financial behavior. To be truly inclusive, we must design solutions that reflect a deeper understanding of a customer’s needs – without which even the most innovative and thoughtfully developed products will fail.
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Celebrating International Women’s Day
By Jane Fraser and Gavin Michael, Co-Leads of Citi Women March 08, 2019 12:00 PM
For International Women’s Day this year, the newly-appointed co-leads of the Citi Women Affinity Group, Latin America CEO Jane Fraser and Global Consumer Bank Technology Head Gavin Michael, explain what this day signifies for them and our firm. Citi will host over 200 IWD events in 51 countries around the globe.
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Community Progress Makers Convening: Enabling Progress in Communities across America
By Julie Hodgson, Daria Sheehan and Kristen Scheyder, Citi Foundation Program Officers March 01, 2019 10:45 AM
Los Angeles recently played host to the second convening of the Citi Foundation’s Community Progress Makers Fund. Representatives from all 40 Community Progress Makers traveled from across the country to LA to discuss and learn more about the work done in the Fund’s first year to advance economic progress in communities throughout America. These stories of progress, including those we had the opportunity to experience firsthand while in Los Angeles, highlighted the collective and individual potential of Community Progress Makers to effect positive change.
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Empowering a New Generation of Employees through Shared Ownership
By Melissa Hoover, Executive Director, Democracy at Work Institute February 28, 2019 03:00 PM
Shared ownership plays a critical role in addressing the erosion of household incomes and rising property costs in cities while providing avenues to strengthen the small business ecosystem. There is significant benefit and market opportunity for small businesses converting into employee-owned cooperatives, and, for minority business owners, in particular, the power of business ownership is an asset-building strategy.
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Building an Inclusive Culture
By Mark Mason, CFO, Institutional Clients Group February 14, 2019 12:30 PM
On January 29th, almost exactly one year after our inaugural inclusion event in 2018, Mike Corbat hosted Together at Citi: Building an Inclusive Culture, a town hall attended by and broadcast to colleagues from across the firm and around the world. With the co-leaders of our seven Affinity groups – Citi Women, Asian Heritage, Pride, Citi Salutes, Black Heritage, Hispanic/Latino Heritage and Disability: Enabling Diverse Abilities – we had a candid conversation on the importance of creating a culture of belonging.
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Citi’s Inaugural Green Bond Issuance
By Val Smith, Head of Corporate Sustainability February 05, 2019 10:00 AM
As a founding member of the Green Bonds Principles and leading arranger and underwriter in the green bonds market, Citi has been at the forefront of helping our clients finance sustainability initiatives with innovative green and sustainability bond structures. Our role supporting and evolving this burgeoning market is just one reflection of our ongoing efforts to incorporate sustainability into our business. It’s become a key component of our engagement with clients and investors.
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The Power of Relationships: How this Pathways to Progress Partner is Helping Youth Meet their Aspirations
By Mike O’Brien, Chief Executive Officer, iMentor January 25, 2019 11:30 AM
For nearly 20 years, iMentor has built mentoring relationships between working professionals and high school students. We know that for our students -- who are often the first in their families to attend college -- being provided with long-term, committed support through high school and college can have a profound impact on their success in school and beyond. We also recognize the deep impact these relationships has on the professionals who dedicate their time to mentoring.
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Citi Jordan and Inclusive Finance: Advancing Financial Access for 10,000 Women
By Nour Jarrar, CCO Citi Jordan and Kyla Gineitis, Vice President, Citi Inclusive Finance January 24, 2019 04:30 PM
Despite significant progress in expanding financial access for underserved communities across the globe, one billion women remained unbanked in 2018, according to Global Findex data from the World Bank. Jordan is one country that in recent years has successfully advanced financial inclusion for women. In 2018, 26.6% of women in Jordan had a bank account, an increase of more than 10% since 2014 (15.5%). With just over one in ten women in Jordan participating in the formal economy, however, much more needs to be done to ensure that more women gain access to financial services.
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Citi Announces Fintechs Selected for Open Innovation Challenge
By Jeff Smith, Global Head of Open Innovation, Citi FinTech January 18, 2019 01:00 PM
After a global recruitment process, we are pleased to announce the seven fintechs selected to participate in the Citi FinTech Open Innovation Challenge, a 5-week virtual program designed to identify, educate, and apply the most promising tech solutions in financial wellness. The Challenge will culminate in a live demonstration at Citi's New York headquarters to an internal group of key innovation decision-makers. At least one participant will be selected for a financial award and an additional 3-day design workshop following the presentation
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