• Empowered Cities: Financial Empowerment for People with Disabilities

    By Bob Annibale, Global Director, Citi Community Development and Inclusive Finance, and Michael Morris, Executive Director, National Disability Institute February 22, 2018 04:00 PM

    Last month, Tracy McKnight participated in the launch of EmpoweredNYC, a new program led by Citi Community Development, National Disability Institute (NDI) and the City of New York. EmpoweredNYC is the first pilot under Empowered Cities, a $2 million national initiative to enable municipalities to expand financial empowerment and economic inclusion for people living with disabilities and their families.

    No comments

  • Puerto Rico: Stories of Despair but also Hope

    By Bob Annibale, Global Director of Citi Community Development and Guillermo Gomez, Chief Country Officer, Puerto Rico February 14, 2018 11:30 AM

    On Wednesday September 20, 2017, Puerto Rico was hit by a Category 4 hurricane – the island’s worst natural disaster in nearly a century. Hurricane Maria made landfall with 155 mile-an-hour winds that caused an estimated $85 billion in insured losses.

    No comments

  • Citi Treasury and Trade Solutions Partners with Global Clients to Develop Innovative Solutions to their Liquidity Management needs

    February 01, 2018 03:00 PM

    Our Treasury and Trade Solutions business works closely with its clients worldwide to understand their treasury management goals and provide advice and insights so that together we can develop the right solutions for the current challenges facing the marketplace.

    No comments

  • Citi Teams up with Cities across the U.S. At Tax Time

    By Bill Mills, CEO North America and Bob Annibale, Global Director of Citi Community Development and Inclusive Finance January 26, 2018 10:00 AM

    ​Nearly half of all U.S. households lack the savings to cover a $400 emergency expense. But at the same time every year, an all- too-often unrecognized opportunity arises that has the potential to alleviate this persistent financial vulnerability for working families living on lower incomes: Filing taxes.

    No comments

  • If You Want to Practice Inclusive Innovation, Start With Values

    By Jennifer Bradley, Director, Center for Urban Innovation at the Aspen Institute January 24, 2018 11:30 AM

    One of our first projects at the Center for Urban Innovation was to convene about 30 leaders of businesses and non-profits, government officials, and philanthropic grantmakers in a working group on the topic of inclusive innovation. Our goal was to learn more about how people implement inclusive innovation in their own organizations. Over the course of three convenings, the group identified four high-priority topics: values, tools, co-creation and civic engagement.

    3 comments

  • Pay Equity at Citi

    By Michael Murray, Head of Human Resources January 15, 2018 07:00 AM

    Last week, Citi issued the following memo to its employees.

    Pay equity is a very important principle at Citi. We have long had a number of efforts in place to help us adhere to that principle, including continuously evaluating market conditions to help inform pay and conducting a rigorous review of pay recommendations across the company as part of our annual compensation process each year.

    2 comments

  • A new model for affordable homeownership in NYC

    By Maria Torres-Springer, Commissioner, New York City Department of Housing Preservation and Development, Christie Peale, CEO & Executive Director, Center for New York City Neighborhoods and Bob Annibale, Global Director, Citi Community Development and Inclusive Finance January 11, 2018 09:15 AM

    For the vast majority of New Yorkers, the American Dream of owning a home is simply beyond reach. But a citywide collaborative of non-profit affordable housing organizations, with support from Citi Community Development, is working to bring affordability back to New York City neighborhoods.

    No comments

  • A Transformational Approach to Grantmaking

    By Anne Evens, Chief Executive Officer of Elevate Energy December 19, 2017 11:30 AM

    For the first time since our founding in 2000, Elevate Energy – a Chicago-based community development agency that helps people do more with less energy – participated in a funding opportunity that enabled us to think transformationally about how we achieve our mission. By providing multi-year, unrestricted grant support, the Citi Foundation’s Community Progress Makers Fund helped our organization develop the evidence and business case to dramatically increase clean energy investments in low-income communities. But it’s more than that. The Fund is an innovative approach to grant-making that pushes organizations to transform the world by first transforming themselves.

    No comments

  • Turning How We Innovate Inside Out

    By Vanessa Colella, Head of Citi Ventures and Chief Innovation Officer, Citi November 27, 2017 05:30 PM

    Technology continues to disrupt established industries at an astonishing rate. At Citi, we’ve embarked on a radically different approach to innovation, both by partnering with our clients to co-create new offerings and also engaging our employees across businesses in this work.

    No comments

  • Citi Turkey and Inclusive Finance: Driving Inclusive Economic Progress by Deepening Client Supply Chains

    By Monika Jonusauskiene, Vice President, Citi Inclusive Finance, and Mert Eren, Vice President, Citi Commercial Bank, Citi Turkey November 27, 2017 01:45 PM

    Turkey is the world’s largest exporter of dried fruits and nuts; its agriculture industry employs roughly 15 million people, nearly half of which are women. So if you’ve bought a package of dried figs or dates recently, they probably originated from Turkey. And if the fruit you bought was organic, or if you bought it from a large supermarket in the U.S. or Europe, the supplier was very likely Işık Tarım – one of Turkey’s leading organic produce manufacturers, a Citi Commercial Bank Turkey client, and the first non-financial institution to receive financing through Citi’s partnership with the U.S. Government’s Overseas Private Investment Corporation (OPIC) under its Global Inclusive Finance Framework.

    No comments