• Realizing the power and potential of a fantastic franchise

    By Stephen Bird, CEO, Global Consumer Banking, Citi August 01, 2017 03:15 PM

    Last week, I experienced one of the proudest moments in my nearly twenty years at Citi as I took the stage at Investor Day, our first in nine years, to share the story of the Global Consumer Bank’s transformation and growth.

    After holding a number of roles across the firm and leading our franchise in Asia for many years, I have the privilege today of leading the Global Consumer Bank. It is a fantastic franchise – a globally recognized brand; strong competitive positions in growth markets; best-in-class value propositions; leading digital capabilities; disciplined credit and expense management; and the most focused, talented team on the street. And it is critical to Citi’s future.

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  • Supporting Inclusive Economic Growth in Mexico

    By Jorge Rubio Nava, Citi Inclusive Finance and Humberto Cabral, Citibanamex Capital Markets August 01, 2017 01:00 PM

    Last week, Citibanamex successfully priced the country’s first Social Bond on behalf of Mexico’s Development Bank (NAFIN). This was a 5-year MXN$4,000 million (US$229 million equivalent) bond issued in pesos into the Mexican debt market, which received over MXN$13,000 million in investor demand. Social Bonds, or “Social Impact Bonds” as they are sometimes known, are innovative financing mechanisms that enable investors to invest in companies or projects focused on delivering specific social outcomes.

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  • Giving Every Kid a Great Shot

    July 31, 2017 09:45 AM

    Giving kids a safe space not only to learn but also to be active outside the classroom is critical to their development. That’s why for over 25 years, the Washington Tennis and Education Foundation (WTEF) has provided support to thousands of students in southeast Washington D.C., where high school graduation rates average only 60 percent.

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  • A Focused Franchise with Business Momentum

    By Michael Corbat, CEO, Citi July 26, 2017 11:00 AM

    When I think about Citi today, the first word that comes to mind is pride. We have been rebuilding our credibility, our relationships with regulators, and very importantly, a culture based on ethics and execution. We have a focused business model, compelling competitive advantages and the financial strength to continue to grow our firm.

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  • Building (and Scaling) a Global Partnership

    By Brandee McHale, President of the Citi Foundation and Director of Corporate Citizenship at Citi and Asheesh Advani, CEO of JA Worldwide July 19, 2017 01:00 PM

    ​No generation is feeling the impacts of the complex economic and social realities of today more than young people. As the largest youth population in history, one consistent struggle they face is persistent unemployment. Today, about one-third of youth worldwide are either unemployed, not in school, or not enrolled in a training or development program. How will these young people become the next generation of talented leaders without the necessary training and employment opportunities they deserve?

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  • Building Credit = Building a Better Boston

    By Trinh Nguyen, Director, Mayor’s Office of Workforce Development and Office of Financial Empowerment, Boston July 12, 2017 02:00 PM

    In the latest in Citi Community Development’s Inclusive Cities Series, Trinh Nguyen from Boston's Office of Workforce Development and Office of Financial Empowerment discusses the new Credit Building Initiative for Young Working Adults.

    Nayshia Scott, a 21-year old single mother living in Boston, Massachusetts, had a seasonal job and no credit score.

    Nayshia is one in 26 million people – 11 percent of all adults in the U.S. -- who are “credit invisible,” meaning that they do not have a credit record on file at one of the three nationwide credit reporting companies. When borrowers lack a credit record, lenders have a harder time assessing the creditworthiness of applicants who then often find it difficult or even impossible to obtain safe, affordable credit.

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  • Programming Our Future

    By Michelle Carrico, Future in I.T. Program Manager, Jacksonville, FL July 07, 2017 01:30 PM

    I’ve always been impressed and proud of the emphasis Citi puts on developing our female talent; providing numerous networking and development training specifically designed for women. But it’s not enough to just develop our existing internal talent; to truly position ourselves as forward-compatible, we must also focus on the future women of our workforce, specifically our future technology workforce.

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  • Reflections from Volunteer Africa 2017

    By Manolo Falco, Corporate & Investment Banking Head, EMEA June 29, 2017 09:30 AM

    It is now just over a month since our Volunteer Africa program concluded, and our junior bankers from around the world are now safely back in their home countries. It was a truly rewarding experience for all involved, and I am very proud of the enthusiasm and energy of our volunteers, and of the real difference they have made during their five weeks in Uganda.

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  • Providing Vital Services to Homeowners in Puerto Rico

    By Guillermo Gómez, Citi Puerto Rico Country Officer, and Lily Lopez, Senior Vice President, Citi Community Development June 27, 2017 04:00 PM

    In the U.S., unemployment is low and economic growth is on the rise. Unfortunately, the same can’t be said about the current state of economic affairs in Puerto Rico, where 11 percent unemployment[1], declining wages[2] and the looming prospect of a $70 billion debt default have touched every aspect of daily life for citizens of the Commonwealth of Puerto Rico.

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  • Citi Recognized as one of the Most Community-Minded Companies in the U.S. for 5th Year in a Row

    By Brandee McHale, President of the Citi Foundation and Director of Corporate Citizenship, Citi June 21, 2017 12:00 PM

    Fresh off an inspiring 12th annual Global Community Day earlier this month, we are honored to be recognized as one of the most community-minded companies in the U.S. for the 5th year in a row by the Civic 50, an initiative of the national nonprofit Points of Light as determined by an annual survey, The Civic 50 celebrates best practices in corporate citizenship and showcases how companies can use their time, skills and other resources to improve the quality of life in the communities where they do business. Citi is one of only 15 companies that has earned the distinction of having made the list for the past five years, since the survey began.

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