• Progress Towards a More Inclusive Chicago: How Entrepreneurship is Revitalizing the City’s African American Neighborhoods

    By Erica King, VP of Chicago Neighborhood Initiatives Micro Finance Group November 06, 2017 02:30 PM

    From reading the news, you’d be forgiven for thinking the economy is booming for everyone. National unemployment is at record lows and the stock market at record highs. But in neighborhoods like Pullman on the Southside of Chicago, and in many other cities around the country, those heady headlines make for cold comfort. The unemployment rate in the Windy City among African American residents is a staggering 25 percent - more than 5 times the national rate.

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  • Impact, Pivot, Repeat: Community Progress Makers on Meaningful Support & Meeting Our Cities’ Toughest Challenges

    By Luis Granados, Executive Director, Mission Economic Development Agency; Emily Gresham, Assistant Vice President of Research, Florida International University and Co-Founder of StartUP FIU; Lisbeth Shepherd, Executive Director, Green City Force November 01, 2017 09:00 AM

    From creating jobs to expanding affordable housing, cities face economic challenges that grow increasingly complex as more people move to urban centers in search of economic opportunity. Variables including policy changes, budget cuts, and local crises constantly impact how (and how well) community-based organizations can respond. While we need all the help we can get, some philanthropic support can be prescriptive and overly restrictive about our approach and how we define success. To truly accelerate progress, nonprofits need support in a form that encourages us to adapt to external shifts and develop new ways of addressing long-standing issues. The Citi Foundation’s Community Progress Makers Fund helped us do just that. The $20 million, multi-year initiative provided unrestricted grant support to 40 nonprofits in six U.S. cities, enabling a variety of organizations to pilot innovative solutions, increase their ability to secure additional investment, build their organizational capacity and attract new community partners. The Citi Foundation is looking for the next 40 Community Progress Makers. Eligible organizations can apply here by December 18, 2017.

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  • Citi Signs Amicus Brief in Support of LGBT Community

    By Jamie Forese, President, Citi and Head of ICG and Bob Annibale, Global Director of Citi Inclusive Finance and Community Development October 31, 2017 11:00 AM

    Yesterday, Citi joined other companies in signing an amicus brief in support of the LGBT community.

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  • Citi Leaders Recognized on 2017 OUTstanding/Financial Times Leading LGBT, Ally & Future Leaders Lists

    By Terry Hogan, Global Head of Diversity and Director, Talent Management, Citi October 26, 2017 11:30 AM

    On behalf of our Citi colleagues around the world, it’s my pleasure to share that three Citi leaders have been named to the 2017 OUTstanding/Financial Times LGBT & Ally Executives lists. This year we’re proud to have Citi representatives on the Leading LGBT Executives, Leading Ally Executives and Top LGBT Future Leaders lists this year.

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  • Citi FinTech & The Age of the Customer

    By Linda Duncombe, Chief Marketing Officer, Citi FinTech October 23, 2017 02:45 PM

    Throughout my career, I’ve had the opportunity to witness digital transformation first-hand and have long been impressed by the awesome power customers wield. When I joined Citi FinTech about 18 months ago, I was excited to be part of a customer-centric, Silicon Valley-style team serving as a spearhead for Citi’s Global Consumer Bank. Our new features and capabilities are driven by honest, everyday engagement with and feedback from our customers. Recently, I spoke at Efma’s Banking Innovation Forum in Toronto and shared with the conference participants a few of the lessons we’ve learned.


  • Kindergarten to College: Placing Higher Education within Reach

    By José Cisneros, San Francisco Treasurer and Bob Annibale, Global Director of Citi Inclusive Finance October 19, 2017 04:00 PM

    One in three San Francisco children are born into families with almost no savings. However, when families save as little as $500 for higher education, their children are three times more likely to go to college.

    Six years ago, we set out to do the inconceivable: collaborate to develop a platform to support a program that would enable every family in the San Francisco public school system to put money away for their children’s education. To achieve this goal, Citi collaborated with the City and County of San Francisco, and the San Francisco Unified School District, to launch Kindergarten to College (K2C) -- the first publicly funded, universal children’s savings account program in the United States.

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  • The Places Thinking Like an Entrepreneur Will Take You: Reflections from a NFTE and Pathways to Progress Alum

    By Khaled Khalifa, NFTE Alum and NFTE Citi Foundation Entrepreneurship Fellow October 19, 2017 12:15 PM

    On Thursday, October 12, I had the opportunity to co-host the NFTE National Entrepreneurship Challenge, presented by the Citi Foundation, which brought together 41 NFTE students from across the country to share their business ideas and compete for a total of $35,000 in startup capital.

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  • A Conversation with Cities: Mayors on Closing Gaps in Infrastructure & Economic Opportunity

    By Ed Skyler, Executive Vice President for Global Public Affairs, Citi and Chairman of the Citi Foundation October 16, 2017 01:00 PM

    Citi estimates that $59 trillion will need to be spent on infrastructure globally over the next 15 years, a staggering figure that speaks to how much work needs to be done to shore up existing infrastructure and build additional capacity to keep up with urban growth. While the needs are immense, investment in infrastructure in the U.S. at the federal level has fallen to just 1.4% of GDP, and local governments are being challenged to meet the needs of their residents with increasingly limited resources.

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  • Returning to our Roots in Lower Manhattan

    By Michael Corbat, CEO, Citi October 10, 2017 11:00 AM

    On Tuesday, October 3rd, I was proud to join hundreds of our colleagues to open the new public plaza in front of our global headquarters at 388 Greenwich Street in Lower Manhattan. We were honored to be joined by a color guard from the Marine Reserves during a stirring rendition of the National Anthem by a talented Citi colleague who was accompanied by the Stuyvesant High School choir. And we welcomed remarks from a number of community partners, business leaders and public officials, including New York City Deputy Mayor for Housing and Economic Development Alicia Glen, New York State Assemblymember Deborah Glick and Chair of Community Board 1 Anthony Notaro.

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  • Citi 2017 Supplier Awards Event Recognizes Outstanding Partner Contributions

    By Don Callahan, Head of Operations and Technology, and Bill Mills, CEO North America October 06, 2017 02:15 PM

    As part of the Strategic Partnership Program, the Supplier Awards recognize suppliers that share Citi’s values, provide exemplary products and services, and consistently demonstrate a partnership built on mutual trust and value contribution to Citi.

    On Monday, September 25, Citi hosted its 2017 Citi Supplier Awards Event at Citi headquarters at 388 Greenwich Street, New York. Senior leaders from the winning supplier organizations were in attendance to accept the awards. After the awards ceremony, a reception was held for executives from Citi and the award winning organizations.

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