Cititag:blog.citigroup.com,2015-01-09:/02022-12-19T09:00:03ZVisit Citi's blog for updates on Citi's innovations and financial insights from senior leaders, employees, and community partners as Citi builds upon its 200 year history.Citi's Commitment to Transparency and Accountability: The Results of Our Racial Equity Audittag:blog.citigroup.com,2015-01-09:/37482022-12-19T09:00:03Z2022-12-19T09:00:03ZIn the aftermath of the horrific murder of George Floyd, we, like many others, tried to channel our grief into action. By September, we had marshalled resources across the firm to make a greater than $1 billion commitment to help close the racial wealth gap. While Action for Racial Equity (ARE) was ambitious in terms of our firm’s footprint and resources, we also recognize how much investment and change is required across all corners of our society to address years of systemic racism. Edward Skylerhttps://blog.citigroup.com/2022/10/citis-commitment-to-transparency-and-accountability-the-results-of-our-racial-equity-audit/In the aftermath of the horrific murder of George Floyd, we, like many others, tried to channel our grief into action. By September, we had marshalled resources across the firm to make a greater than $1 billion commitment to help close the racial wealth gap. While Action for Racial Equity (ARE) was ambitious in terms of our firm’s footprint and resources, we also recognize how much investment and change is required across all corners of our society to address years of systemic racism. Making Mental Health A Prioritytag:blog.citigroup.com,2015-01-09:/37472022-10-10T09:00:03Z2022-10-10T09:00:03ZThe start of the COVID-19 pandemic in March of 2020 created a lot of uncertainty in our world and spurred another public health concern when it came to mental health. Pattie Gouldhttps://blog.citigroup.com/2022/10/making-mental-health-a-priority/The start of the COVID-19 pandemic in March of 2020 created a lot of uncertainty in our world and spurred another public health concern when it came to mental health. Eight Citi Leaders Named to American Banker's 2022 Most Powerful Women Lists tag:blog.citigroup.com,2015-01-09:/37462022-10-05T09:00:03Z2022-10-05T09:00:03ZI've had the great pleasure of working at a company that champions women and empowers their growth and success. It was nearly five years ago that we broke ground by disclosing our adjusted pay results, and it was four years ago that we were one of the first financial institutions to disclose the pay gaps for women across our firm and minorities in the U.S. A year later, we set goals for increasing women in our senior ranks, which we exceeded. We are surrounded by amazing women who are growing our businesses and leading our firm into the future. I see them in action every day, and now I'm so thrilled that they are receiving some of the public recognition they deserve from one of our industry's premier publications. American Banker has just named eight of our colleagues to their "Most Powerful Women" rankings.Sara Wechterhttps://blog.citigroup.com/2022/10/eight-citi-leaders-named-to-american-bankers-2022-most-powerful-women-lists/I've had the great pleasure of working at a company that champions women and empowers their growth and success. It was nearly five years ago that we broke ground by disclosing our adjusted pay results, and it was four years ago that we were one of the first financial institutions to disclose the pay gaps for women across our firm and minorities in the U.S. A year later, we set goals for increasing women in our senior ranks, which we exceeded. We are surrounded by amazing women who are growing our businesses and leading our firm into the future. I see them in action every day, and now I'm so thrilled that they are receiving some of the public recognition they deserve from one of our industry's premier publications. American Banker has just named eight of our colleagues to their "Most Powerful Women" rankings.Bringing Millions Of Meals To Children In Needtag:blog.citigroup.com,2015-01-09:/37452022-09-24T10:00:03Z2022-09-24T10:00:03ZI believe that the greatest joy of childhood is living carefree. However, the reality is that far too many children are experiencing hunger – a problem that has been exacerbated by the pandemic. The truth is no child should have to worry about where their next meal is coming from. Edward Skylerhttps://blog.citigroup.com/2022/09/bringing-millions-of-meals-to-children-in-need/I believe that the greatest joy of childhood is living carefree. However, the reality is that far too many children are experiencing hunger – a problem that has been exacerbated by the pandemic. The truth is no child should have to worry about where their next meal is coming from. A Commitment to Increase Our Diversitytag:blog.citigroup.com,2015-01-09:/37442022-09-20T09:00:03Z2022-09-20T09:00:03ZVisiting our markets this year has only deepened my admiration for the caliber and diversity of talent within our firm. As the world's most global bank, diversity is our strength and a strategic priority for me and my leadership team.Jane Fraserhttps://blog.citigroup.com/2022/09/a-commitment-to-increase-our-diversity/Visiting our markets this year has only deepened my admiration for the caliber and diversity of talent within our firm. As the world's most global bank, diversity is our strength and a strategic priority for me and my leadership team.Action for Racial Equity - Two Years Latertag:blog.citigroup.com,2015-01-09:/37432022-09-14T09:30:03Z2022-09-14T09:30:03ZAction for Racial Equity is one of the most meaningful efforts that Citi has launched during my two decades at the company because of its central focus on advancing Citi's mission of enabling economic growth and progress. The tragic events of two summers ago laid bare the systemic inequities in our country – “economic growth and progress” is simply out of reach for too many communities of color and the racial wealth gap has only grown wider during the pandemic. We made a commitment to use the talent and resources of our company to help close the gap, and that commitment is as strong as ever.Mark Masonhttps://blog.citigroup.com/2022/09/action-for-racial-equity-two-years-later/Action for Racial Equity is one of the most meaningful efforts that Citi has launched during my two decades at the company because of its central focus on advancing Citi's mission of enabling economic growth and progress. The tragic events of two summers ago laid bare the systemic inequities in our country – “economic growth and progress” is simply out of reach for too many communities of color and the racial wealth gap has only grown wider during the pandemic. We made a commitment to use the talent and resources of our company to help close the gap, and that commitment is as strong as ever.Citi Impact Fund Expands to $500 Million, Doubling Down on the Double Bottom Linetag:blog.citigroup.com,2015-01-09:/37422022-09-08T09:00:03Z2022-09-08T09:00:03ZWe know that the challenges facing society right now, whether natural or man-made, disproportionately impact underserved communities. That's why we have been putting our balance sheet to work to support those trying to find solutions to these challenges.Edward Skylerhttps://blog.citigroup.com/2022/09/citi-impact-fund-expands-to-500-million-doubling-down-on-the-double-bottom-line/We know that the challenges facing society right now, whether natural or man-made, disproportionately impact underserved communities. That's why we have been putting our balance sheet to work to support those trying to find solutions to these challenges.Citi Signs Letter to the Senate in Support of the Respect for Marriage Acttag:blog.citigroup.com,2015-01-09:/37482022-07-29T09:00:03Z2022-07-29T09:00:03ZWe are proud to share that yesterday Citi signed the Human Rights Campaign's Letter to the Senate in Support of the Respect for Marriage Act, a letter to all U.S. Senators in support of the passage of the Respect for Marriage Act – a bill that would codify into law federal protection for same-sex and interracial marriages. The Respect for Marriage Act has already passed the U.S. House of Representatives with bipartisan support and may soon be considered by the U.S. Senate. Erika Irish Brown, Paco Ybarra and Tim Mongerhttps://blog.citigroup.com/2022/07/citi-signs-letter-to-the-senate-in-support-of-the-respect-for-marriage-act/We are proud to share that yesterday Citi signed the Human Rights Campaign's Letter to the Senate in Support of the Respect for Marriage Act, a letter to all U.S. Senators in support of the passage of the Respect for Marriage Act – a bill that would codify into law federal protection for same-sex and interracial marriages. The Respect for Marriage Act has already passed the U.S. House of Representatives with bipartisan support and may soon be considered by the U.S. Senate. Supporting The Recovery and Renewal of Our Communities in Challenging Timestag:blog.citigroup.com,2015-01-09:/37412022-07-19T09:00:03Z2022-07-19T09:00:03ZSince 2006, Citi's Global Community Day has brought together colleagues and our civic and nonprofit partners to make a difference in the communities we serve around the world. During the COVID-19 pandemic, we worked with these partners to pivot quickly, providing new kinds of support and delivering that support in innovative ways.Brandee McHalehttps://blog.citigroup.com/2022/07/supporting-the-recovery-and-renewal-of-our-communities-in-challenging-times/Since 2006, Citi's Global Community Day has brought together colleagues and our civic and nonprofit partners to make a difference in the communities we serve around the world. During the COVID-19 pandemic, we worked with these partners to pivot quickly, providing new kinds of support and delivering that support in innovative ways.Strengthening Community Leadership Through Trust-Based Fundingtag:blog.citigroup.com,2015-01-09:/37402022-05-05T09:00:03Z2022-05-05T09:00:03ZThe word "unprecedented" has been used time and again to describe the last two years and the many ramifications of a once-in-a-generation pandemic. A similar description may also be applied to the once-in-a-generation response to racial disparities that have, for too long, limited social and economic opportunities for low-income and underserved communities in the U.S. But moving the needle on these long-term challenges won't happen without change agents raising awareness of the challenges but also innovative solutions that can break the status quo.Phil Fitzgeraldhttps://blog.citigroup.com/2022/05/strengthening-community-leadership-through-trust-based-funding/The word "unprecedented" has been used time and again to describe the last two years and the many ramifications of a once-in-a-generation pandemic. A similar description may also be applied to the once-in-a-generation response to racial disparities that have, for too long, limited social and economic opportunities for low-income and underserved communities in the U.S. But moving the needle on these long-term challenges won't happen without change agents raising awareness of the challenges but also innovative solutions that can break the status quo.On Earth Day, Reflecting On Our Path To Net Zero tag:blog.citigroup.com,2015-01-09:/37392022-04-22T04:30:03Z2022-04-22T04:30:03ZOn this 52nd Earth Day, we find ourselves in the midst of world events that are having serious impacts on people and our global economy, from the war in Ukraine to the evolving challenges of COVID-19. As we address these global issues, I'm also drawing connections and reflecting on another critical challenge: climate change. Earlier this month the IPCC released an important report, Mitigation of Climate Change, which reinforced the urgency of international cooperation and mobilizing financial resources to achieve the goals of the Paris Agreement. With that in mind, today I'm reflecting on what climate science is telling us, the important milestones from the past year, and how we plan to move forward to address the climate crisis on the road to net zero.Val Smithhttps://blog.citigroup.com/2022/04/on-earth-day-reflecting-on-our-path-to-net-zero/On this 52nd Earth Day, we find ourselves in the midst of world events that are having serious impacts on people and our global economy, from the war in Ukraine to the evolving challenges of COVID-19. As we address these global issues, I'm also drawing connections and reflecting on another critical challenge: climate change. Earlier this month the IPCC released an important report, Mitigation of Climate Change, which reinforced the urgency of international cooperation and mobilizing financial resources to achieve the goals of the Paris Agreement. With that in mind, today I'm reflecting on what climate science is telling us, the important milestones from the past year, and how we plan to move forward to address the climate crisis on the road to net zero. Update Regarding Citi's Operations in Russia tag:blog.citigroup.com,2015-01-09:/37382022-03-14T04:30:03Z2022-03-14T04:30:03ZWe are moving with urgency to complete our assessment of our operations in Russia. In April, 2021, we announced we intended to exit our consumer business in the country. We have now decided to expand the scope of that process to exit other lines of business and continue to reduce our remaining operations. Due to the nature of banking and financial services operations, this decision will take time to execute. Edward Skylerhttps://blog.citigroup.com/2022/03/update-regarding-citis-operations-in-russia/We are moving with urgency to complete our assessment of our operations in Russia. In April, 2021, we announced we intended to exit our consumer business in the country. We have now decided to expand the scope of that process to exit other lines of business and continue to reduce our remaining operations. Due to the nature of banking and financial services operations, this decision will take time to execute. Statement from Edward Skyler on Citi's Operations in Ukraine and Russia tag:blog.citigroup.com,2015-01-09:/37372022-03-09T04:30:03Z2022-03-09T04:30:03ZThe senseless loss of life in Ukraine is utterly heartbreaking. Our top priority remains the safety of our colleagues and their families. We are proud of the members of the Citi family who have kept our bank operating despite the catastrophe unfolding around them. We have also begun supporting humanitarian efforts on the ground, starting with $1 million in donations from our foundation to relief organizations. Today, we announced that we will match contributions from Citi colleagues, which could lead to an additional $500,000 in donations. Edward Skylerhttps://blog.citigroup.com/2022/03/statement-from-edward-skyler-on-citis-operations-in-ukraine-and-russia/The senseless loss of life in Ukraine is utterly heartbreaking. Our top priority remains the safety of our colleagues and their families. We are proud of the members of the Citi family who have kept our bank operating despite the catastrophe unfolding around them. We have also begun supporting humanitarian efforts on the ground, starting with $1 million in donations from our foundation to relief organizations. Today, we announced that we will match contributions from Citi colleagues, which could lead to an additional $500,000 in donations. #StareAtGreatness and the Talented Team Citi Winter Para Athlete Roster Behind the Campaigntag:blog.citigroup.com,2015-01-09:/37362022-02-18T01:00:03Z2022-02-18T01:00:03ZChildren are often told staring at someone with a disability is impolite, and quite possibly, offensive. But what if that person was a world champion competing at the highest level? What if that person just achieved what they trained for their whole lives? Would it be ok to stare then? Here at Citi, we believe staring at greatness is pivotal to creating an inclusive society.Jessica Rooshttps://blog.citigroup.com/2022/02/stare-at-greatness-and-the-talented-team-citi-winter-para-athlete-roster-behind-the-campaign/Children are often told staring at someone with a disability is impolite, and quite possibly, offensive. But what if that person was a world champion competing at the highest level? What if that person just achieved what they trained for their whole lives? Would it be ok to stare then? Here at Citi, we believe staring at greatness is pivotal to creating an inclusive society.A Milestone Moment: How We Met Our Diversity Representation Goalstag:blog.citigroup.com,2015-01-09:/37352022-02-16T10:30:03Z2022-02-16T10:30:03ZWe are pleased to share Citi has met and exceeded our firm-wide, aspirational diversity representation goals for 2018-2021. Globally, we increased representation at the Assistant Vice President to Managing Director levels for women to 40.6% (up from 37% in 2018) and in the U.S. we increased Black representation for those same levels to 8.1% (up from 6% in 2018). Additionally, when we include all our Black colleagues in the U.S., including those who self-identify as two or more races at the same levels, Black representation increased to 9.1%.Sara Wechterhttps://blog.citigroup.com/2022/02/a-milestone-moment-how-we-met-our-diversity-representation-goals/We are pleased to share Citi has met and exceeded our firm-wide, aspirational diversity representation goals for 2018-2021. Globally, we increased representation at the Assistant Vice President to Managing Director levels for women to 40.6% (up from 37% in 2018) and in the U.S. we increased Black representation for those same levels to 8.1% (up from 6% in 2018). Additionally, when we include all our Black colleagues in the U.S., including those who self-identify as two or more races at the same levels, Black representation increased to 9.1%.Our Approach to Net Zero by 2050tag:blog.citigroup.com,2015-01-09:/37342022-01-19T09:00:03Z2022-01-19T09:00:03ZWe know it is not enough to say Citi is committed to tackling climate change. That's the easy part. As the world's most global bank, we can help drive the transition to a net zero economy and make good on the promise of the Paris Agreement. We also know that the world has substantial energy needs and different countries are in different stages of development. I want to make sure Citi's transition plan reflects these realities.Jane Fraserhttps://blog.citigroup.com/2022/01/our-approach-to-net-zero-by-2050/We know it is not enough to say Citi is committed to tackling climate change. That's the easy part. As the world's most global bank, we can help drive the transition to a net zero economy and make good on the promise of the Paris Agreement. We also know that the world has substantial energy needs and different countries are in different stages of development. I want to make sure Citi's transition plan reflects these realities.Action for Racial Equity – One Year Latertag:blog.citigroup.com,2015-01-09:/37332021-11-10T09:00:03Z2021-11-10T09:00:03ZFollowing the murder of George Floyd, we felt an incredible responsibility to not only say something, but to act. In the midst of a global pandemic that disproportionately impacted communities of color, we had to take a hard look at ourselves and our own contribution to the status quo. More importantly, we had to use our power – as individuals, as a company and as an industry – to turn the lessons of tragedy into a lasting transformative movement toward greater equality.Jane Fraserhttps://blog.citigroup.com/2021/11/action-for-racial-equity-one-year-later/Following the murder of George Floyd, we felt an incredible responsibility to not only say something, but to act. In the midst of a global pandemic that disproportionately impacted communities of color, we had to take a hard look at ourselves and our own contribution to the status quo. More importantly, we had to use our power – as individuals, as a company and as an industry – to turn the lessons of tragedy into a lasting transformative movement toward greater equality.Investing in Veteranstag:blog.citigroup.com,2015-01-09:/37322021-11-08T03:15:03Z2021-11-08T03:15:03ZOn November 11, we will observe Veterans Day in the U.S. and Remembrance Day in the UK to pay tribute to those who have served their country. At Citi, we recognize the month of November as Veterans and Military Families Month. This month has particular meaning for me because I am a veteran and my family has been by my side through it all, both good and bad. Many of my family members and my close circle of friends are either veterans or are currently serving on active duty around the globe. In fact, both my son and future son-in-law currently serve as officers in the U.S. Marine Corps. Michael Steinbachhttps://blog.citigroup.com/2021/11/investing-in-veterans/On November 11, we will observe Veterans Day in the U.S. and Remembrance Day in the UK to pay tribute to those who have served their country. At Citi, we recognize the month of November as Veterans and Military Families Month. This month has particular meaning for me because I am a veteran and my family has been by my side through it all, both good and bad. Many of my family members and my close circle of friends are either veterans or are currently serving on active duty around the globe. In fact, both my son and future son-in-law currently serve as officers in the U.S. Marine Corps. Expanding Citi's Commitment to Social Financetag:blog.citigroup.com,2015-01-09:/37312021-10-28T08:30:03Z2021-10-28T08:30:03ZFinancial products, medicine, education, a home, electricity, clean water. Lack of access to basic necessities leaves billions of people around the world without a path to economic and social stability or growth. Despite recent progress, 1.7 billion people still do not own a bank account; 760 million people are not able to access electricity; and almost 265 million children don't go to school. The global pandemic has exacerbated these challenges and reaffirmed the urgency required to address them. Jorge Rubio Navahttps://blog.citigroup.com/2021/10/expanding-citis-commitment-to-social-finance/Financial products, medicine, education, a home, electricity, clean water. Lack of access to basic necessities leaves billions of people around the world without a path to economic and social stability or growth. Despite recent progress, 1.7 billion people still do not own a bank account; 760 million people are not able to access electricity; and almost 265 million children don't go to school. The global pandemic has exacerbated these challenges and reaffirmed the urgency required to address them.Citi Will Conduct a Racial Equity Audittag:blog.citigroup.com,2015-01-09:/37302021-10-22T01:30:03Z2021-10-22T01:30:03ZWe believe that by advancing our commitments to help close the racial wealth gap in the United States we can have a meaningful impact on our colleagues, clients and the communities we serve. Measurement and transparency are important components of the work we are doing to advance diversity, equity and inclusion, both at our bank and through our contributions to our communities and society more generally. We have shown our commitment to these principles when we set and disclosed our representation goals and shared the results of our pay equity analysis. Today, we're demonstrating our ongoing support for measurement and transparency by committing to conduct a racial equity audit.Edward Skylerhttps://blog.citigroup.com/2021/10/citi-will-conduct-a-racial-equity-audit/We believe that by advancing our commitments to help close the racial wealth gap in the United States we can have a meaningful impact on our colleagues, clients and the communities we serve. Measurement and transparency are important components of the work we are doing to advance diversity, equity and inclusion, both at our bank and through our contributions to our communities and society more generally. We have shown our commitment to these principles when we set and disclosed our representation goals and shared the results of our pay equity analysis. Today, we're demonstrating our ongoing support for measurement and transparency by committing to conduct a racial equity audit.Mobilizing Collective Action to Address Climate Changetag:blog.citigroup.com,2015-01-09:/37292021-10-20T09:00:03Z2021-10-20T09:00:03ZOver the past year, Citi has made strides in our efforts to transition to a net zero economy, from launching our updated Sustainable Progress Strategy to committing to net zero emissions by 2050. While we're hard at work transitioning our business and charting our course forward, we know we cannot tackle climate change alone. Achieving a net zero future will require collaboration and engagement across our full set of stakeholders – our clients, industry peers, investors, NGO partners, communities, and policy makers. Bridget Fawcett, Val Smith, Keith Tuffley and David Walkerhttps://blog.citigroup.com/2021/10/mobilizing-collective-action-to-address-climate-change/Over the past year, Citi has made strides in our efforts to transition to a net zero economy, from launching our updated Sustainable Progress Strategy to committing to net zero emissions by 2050. While we're hard at work transitioning our business and charting our course forward, we know we cannot tackle climate change alone. Achieving a net zero future will require collaboration and engagement across our full set of stakeholders – our clients, industry peers, investors, NGO partners, communities, and policy makers.Demonstrating Our Leadership in the Green and Social Bond Markettag:blog.citigroup.com,2015-01-09:/37282021-10-06T09:00:03Z2021-10-06T09:00:03ZWe could not be prouder to share that eight senior leaders at Citi have been recognized among this year's American Banker "Most Powerful Women" rankings. Citi has also been recognized as one of the top teams overall for this year's rankings. We applaud their inspiring leadership, ability to challenge the status quo and all the work they do to advance progress within our industry and beyond. Sara Wechterhttps://blog.citigroup.com/2021/10/citi-leaders-named-to-american-bankers-2021-most-powerful-women-lists/We could not be prouder to share that eight senior leaders at Citi have been recognized among this year's American Banker "Most Powerful Women" rankings. Citi has also been recognized as one of the top teams overall for this year's rankings. We applaud their inspiring leadership, ability to challenge the status quo and all the work they do to advance progress within our industry and beyond. Demonstrating Our Leadership in the Green and Social Bond Markettag:blog.citigroup.com,2015-01-09:/37272021-10-01T09:00:03Z2021-10-01T09:00:03ZWith an increasing expectation of corporations to respond to the challenges facing our society, it's not enough for businesses to say they stand for something – we know that action is needed to truly help solve a problem. At Citi, this has been the mission underpinning our work and decisions every day. Our Environmental, Social and Governance (ESG) agenda is not a new strategic development, and we believe we can be our best by embedding our ESG priorities into our core businesses, working alongside our clients. Mark Masonhttps://blog.citigroup.com/2021/10/demonstrating-our-leadership-in-the-green-and-social-bond-market/With an increasing expectation of corporations to respond to the challenges facing our society, it's not enough for businesses to say they stand for something – we know that action is needed to truly help solve a problem. At Citi, this has been the mission underpinning our work and decisions every day. Our Environmental, Social and Governance (ESG) agenda is not a new strategic development, and we believe we can be our best by embedding our ESG priorities into our core businesses, working alongside our clients. Extending Citi Foundation's Support for Community Organizations to Back Small Businesses tag:blog.citigroup.com,2015-01-09:/37262021-07-21T09:00:02Z2021-07-21T09:00:02ZThe small businesses that line our streets, employ our neighbors, provide the goods and services we rely on everyday, and generally serve as the foundation of our economy, are starting to bounce back – but not all of them. Brandee McHalehttps://blog.citigroup.com/2021/07/extending-citi-foundations-support-for-community-organizations-to-back-small-businesses/The small businesses that line our streets, employ our neighbors, provide the goods and services we rely on everyday, and generally serve as the foundation of our economy, are starting to bounce back – but not all of them. Making a Meaningful Impact Through Volunteerismtag:blog.citigroup.com,2015-01-09:/37252021-07-15T09:30:02Z2021-07-15T09:30:02ZWhile our company is undergoing a transformation and many things are changing, one thing has remained constant – our colleagues' passion for service and volunteering their time to make a positive impact in local communities. More than a year into COVID-19, this commitment to volunteerism did not waver as we saw the many challenges continuing to face our communities around the world.Brandee McHalehttps://blog.citigroup.com/2021/07/making-a-meaningful-impact-through-volunteerism/While our company is undergoing a transformation and many things are changing, one thing has remained constant – our colleagues' passion for service and volunteering their time to make a positive impact in local communities. More than a year into COVID-19, this commitment to volunteerism did not waver as we saw the many challenges continuing to face our communities around the world.City Accelerator Initiative Earns National Recognition for Public-Private Partnershiptag:blog.citigroup.com,2015-01-09:/37242021-07-13T02:00:02Z2021-07-13T02:00:02ZWhen the Citi Foundation and Living Cities launched the City Accelerator in 2014, we envisioned this initiative as an "innovation lab" for cities to create systemic solutions to their most pressing challenges. Limited by cyclical changes in leadership and long-established processes, it was challenging for cities to pursue innovative and embed solutions in their municipal systems to drive more meaningful and enduring impacts. With the City Accelerator, we endeavored to provide a space where cities would be supported and encouraged to test and scale new ways to reach their underserved and low-income residents by fostering collaboration across municipal systems and between urban leaders to accelerate the permanent adoption of innovative practices that drive better outcomes.Kristen Scheyder and Elizabeth Reynosohttps://blog.citigroup.com/2021/07/city-accelerator-initiative-earns-national-recognition-for-public-private-partnership/When the Citi Foundation and Living Cities launched the City Accelerator in 2014, we envisioned this initiative as an "innovation lab" for cities to create systemic solutions to their most pressing challenges. Limited by cyclical changes in leadership and long-established processes, it was challenging for cities to pursue innovative and embed solutions in their municipal systems to drive more meaningful and enduring impacts. With the City Accelerator, we endeavored to provide a space where cities would be supported and encouraged to test and scale new ways to reach their underserved and low-income residents by fostering collaboration across municipal systems and between urban leaders to accelerate the permanent adoption of innovative practices that drive better outcomes.Our Approach to Embedding Racial and Gender Equity into Asset Managementtag:blog.citigroup.com,2015-01-09:/37232021-07-07T11:00:02Z2021-07-07T11:00:02ZBy many accounts, the COVID-19 pandemic has disproportionately impacted women, people with lower incomes, and people of color, especially in the US. Simultaneously, increasing calls for racial justice reminds us that there is much more work to be done to address longstanding racial bias and inequity. At Citi, we are committed to using our core business capabilities and being a part of the solution to address systemic barriers.David Bailinhttps://blog.citigroup.com/2021/07/our-approach-to-embedding-racial-and-gender-equity-into-asset-management/By many accounts, the COVID-19 pandemic has disproportionately impacted women, people with lower incomes, and people of color, especially in the US. Simultaneously, increasing calls for racial justice reminds us that there is much more work to be done to address longstanding racial bias and inequity. At Citi, we are committed to using our core business capabilities and being a part of the solution to address systemic barriers.Citi Looks Forward to Continuing to Serve Texastag:blog.citigroup.com,2015-01-09:/37222021-06-23T03:30:02Z2021-06-23T03:30:02ZCiti and the State of Texas have a deep relationship that dates back to the 1870s and the financing of the Great Northern Railroad of Texas and the New York & Texas Land Company, which served to expand settlement and commerce to the State. We opened our first office in Texas in 1919 in Dallas, and today we have more than 8,500 employees who call Texas home.Ed Skylerhttps://blog.citigroup.com/2021/06/citi-looks-forward-to-continuing-to-serve-texas/Citi and the State of Texas have a deep relationship that dates back to the 1870s and the financing of the Great Northern Railroad of Texas and the New York & Texas Land Company, which served to expand settlement and commerce to the State. We opened our first office in Texas in 1919 in Dallas, and today we have more than 8,500 employees who call Texas home.Hosting Our Sustainability Conference is Just One Step Toward Achieving Net Zerotag:blog.citigroup.com,2015-01-09:/37212021-05-27T04:00:02Z2021-05-27T04:00:02ZClimate change is already impacting our daily lives and creating an imperative that we address this challenge now with our best thinking and resources. Transitioning to a net zero global economy by 2050, which is a goal to which we are committed as a founding signatory of the Net Zero Banking Alliance (NZBA), will not be easy for us. Nor will it be for our clients who are looking to do the same. Paco Ybarrahttps://blog.citigroup.com/2021/05/hosting-our-sustainability-conference-is-just-one-step-toward-achieving-net-zero/Climate change is already impacting our daily lives and creating an imperative that we address this challenge now with our best thinking and resources. Transitioning to a net zero global economy by 2050, which is a goal to which we are committed as a founding signatory of the Net Zero Banking Alliance (NZBA), will not be easy for us. Nor will it be for our clients who are looking to do the same.Citi Signs Human Rights Campaign's Business Statement Opposing Anti-LGBTQ+ State Legislationtag:blog.citigroup.com,2015-01-09:/37202021-05-17T09:00:02Z2021-05-17T09:00:02ZAt Citi, we are committed to inclusive business practices and policies because it is the right thing to do and because it leads to a better company culture, increased customer satisfaction, and improved business performance. Today, Citi signed the Human Rights Campaign's Business Statement Opposing Anti-LGBTQ+ State Legislation, reiterating our belief all people have a fundamental right to equality and opposing harmful legislation aimed at restricting the access of LGBTQ+ people in society.Paco Ybarra and Tim Mongerhttps://blog.citigroup.com/2021/05/citi-signs-human-rights-campaigns-business-statement-opposing-anti-lgbtq-state-legislation/At Citi, we are committed to inclusive business practices and policies because it is the right thing to do and because it leads to a better company culture, increased customer satisfaction, and improved business performance. Today, Citi signed the Human Rights Campaign's Business Statement Opposing Anti-LGBTQ+ State Legislation, reiterating our belief all people have a fundamental right to equality and opposing harmful legislation aimed at restricting the access of LGBTQ+ people in society.Investing in Positive Change with our U.S. Pathways to Progress Partnerstag:blog.citigroup.com,2015-01-09:/37192021-04-28T09:00:02Z2021-04-28T09:00:02ZSeven years ago, the Citi Foundation launched the Pathways to Progress initiative to help equip young people with the skills and experiences they need to forge a successful future in the long wake of the Great Recession – a time when youth endured the worst of the economic fallout. Since its inception, the Citi Foundation has already impacted the lives of more than one million young people around the world through $230 million of grant investments, providing them with the mentorship, entrepreneurship training, and work experience that not only build up resumes and CVs, but also their confidence.Florencia Spangarohttps://blog.citigroup.com/2021/04/investing-in-positive-change-with-our-us-pathways-to-progress-partners/Seven years ago, the Citi Foundation launched the Pathways to Progress initiative to help equip young people with the skills and experiences they need to forge a successful future in the long wake of the Great Recession – a time when youth endured the worst of the economic fallout. Since its inception, the Citi Foundation has already impacted the lives of more than one million young people around the world through $230 million of grant investments, providing them with the mentorship, entrepreneurship training, and work experience that not only build up resumes and CVs, but also their confidence.Reinforcing Our Sustainability Commitments on Earth Daytag:blog.citigroup.com,2015-01-09:/37182021-04-22T10:00:02Z2021-04-22T10:00:02ZOver the last year through the COVID-19 pandemic, Citi has been focused on ensuring, above all else, the health and safety of our colleagues and loved ones – and supporting the economic security of those most impacted by the pandemic.Val Smithhttps://blog.citigroup.com/2021/04/reinforcing-our-sustainability-commitments-on-earth-day/Over the last year through the COVID-19 pandemic, Citi has been focused on ensuring, above all else, the health and safety of our colleagues and loved ones – and supporting the economic security of those most impacted by the pandemic.Relieved? Yes. Satisfied? No.tag:blog.citigroup.com,2015-01-09:/37172021-04-21T05:00:02Z2021-04-21T05:00:02ZI am thankful that justice has been served in the murder of George Floyd. This was never an open-shut case, despite what we clearly witnessed in those horrifying videos from last summer. That's the reality of race in America. And that's why the verdict brought out such a strong reaction. You might have heard it: on Tuesday, April 20th, 2021, at 5:06 pm ET, an unrehearsed choir of millions letting out the loudest, most harmonized sigh of relief for a man who could not take a breath.Mark Masonhttps://blog.citigroup.com/2021/04/relieved-yes-satisfied-no/I am thankful that justice has been served in the murder of George Floyd. This was never an open-shut case, despite what we clearly witnessed in those horrifying videos from last summer. That's the reality of race in America. And that's why the verdict brought out such a strong reaction. You might have heard it: on Tuesday, April 20th, 2021, at 5:06 pm ET, an unrehearsed choir of millions letting out the loudest, most harmonized sigh of relief for a man who could not take a breath.Our New Chief Diversity, Equity and Inclusion Officer and Global Head of Talenttag:blog.citigroup.com,2015-01-09:/37162021-04-15T10:15:02Z2021-04-15T10:15:02ZThe last year has marked major steps in Citi's commitment to combating the climate crisis. In July 2020, we announced our new five-year, 2025 Sustainable Progress Strategy to help accelerate the transition to a low-carbon economy, including a $250 billion environmental finance goal. Just last month, we announced our commitment to net zero emissions by 2050 and laid out the first steps we'll take to get there.Ed Skylerhttps://blog.citigroup.com/2021/04/citi-commits-1-trillion-to-sustainable-finance-by-2030/The last year has marked major steps in Citi's commitment to combating the climate crisis. In July 2020, we announced our new five-year, 2025 Sustainable Progress Strategy to help accelerate the transition to a low-carbon economy, including a $250 billion environmental finance goal. Just last month, we announced our commitment to net zero emissions by 2050 and laid out the first steps we'll take to get there.Our New Chief Diversity, Equity and Inclusion Officer and Global Head of Talenttag:blog.citigroup.com,2015-01-09:/37152021-03-26T08:00:02Z2021-03-26T08:00:02ZInvesting in our talent and culture is one of our top five priorities at Citi because we appreciate that Citi's competitive advantage is our people. There is tremendous momentum behind our efforts to create a diverse, equitable and inclusive culture – from our pay equity work, representation goals, expansion of diverse interview panels and interview slates, unique engagement with Historically Black Colleges and Universities (HBCUs) and more. We've made it a habit to set clear and attainable goals to measure our progress and hold us all accountable for diversity at Citi, and we're just getting started.Sara Wechterhttps://blog.citigroup.com/2021/03/our-new-chief-diversity-equity-and-inclusion-officer-and-global-head-of-talent/Investing in our talent and culture is one of our top five priorities at Citi because we appreciate that Citi's competitive advantage is our people. There is tremendous momentum behind our efforts to create a diverse, equitable and inclusive culture – from our pay equity work, representation goals, expansion of diverse interview panels and interview slates, unique engagement with Historically Black Colleges and Universities (HBCUs) and more. We've made it a habit to set clear and attainable goals to measure our progress and hold us all accountable for diversity at Citi, and we're just getting started.Latest Update on the Future of Work at Cititag:blog.citigroup.com,2015-01-09:/37142021-03-24T01:00:02Z2021-03-24T01:00:02ZI vividly remember March 6 last year. It was a Friday. I left the office and walked down to the grocery store to stock up and there was not one vegetable—fresh or frozen—left on any of the shelves. That was when it really hit me that life had changed. Over the course of this past year writing my notes to everyone, I often wondered when it would make sense to write this particular note, laying out how we are thinking about the future of work at Citi when we head back into the office post-vaccines. While we're not at the end of the road yet, I think the time is now right to begin planning for what that looks like.Jane Fraserhttps://blog.citigroup.com/2021/03/latest-update-on-the-future-of-work-at-citi/I vividly remember March 6 last year. It was a Friday. I left the office and walked down to the grocery store to stock up and there was not one vegetable—fresh or frozen—left on any of the shelves. That was when it really hit me that life had changed. Over the course of this past year writing my notes to everyone, I often wondered when it would make sense to write this particular note, laying out how we are thinking about the future of work at Citi when we head back into the office post-vaccines. While we're not at the end of the road yet, I think the time is now right to begin planning for what that looks like.First Steps Towards Net Zerotag:blog.citigroup.com,2015-01-09:/37132021-03-23T12:00:02Z2021-03-23T12:00:02ZTwo weeks ago, we announced our intention to have net zero emissions by 2050. We are hard at work developing our net zero plan, and we will report on our progress along the way. However, as the world's most global bank, we acknowledge that we are connected with many carbon-intensive sectors that have driven global economic development for decades. Our work to achieve net zero emissions by 2050 therefore makes it imperative that we work with our clients, including our fossil fuel clients, to help them and the energy systems that we all rely on to transition to a net-zero economy.Val Smithhttps://blog.citigroup.com/2021/03/first-steps-towards-net-zero/Two weeks ago, we announced our intention to have net zero emissions by 2050. We are hard at work developing our net zero plan, and we will report on our progress along the way. However, as the world's most global bank, we acknowledge that we are connected with many carbon-intensive sectors that have driven global economic development for decades. Our work to achieve net zero emissions by 2050 therefore makes it imperative that we work with our clients, including our fossil fuel clients, to help them and the energy systems that we all rely on to transition to a net-zero economy.Putting Our 2025 Sustainable Progress Strategy Into Actiontag:blog.citigroup.com,2015-01-09:/37122021-03-11T12:00:02Z2021-03-11T12:00:02ZLimited natural resources and a growing population means we must rethink the ways we extract, design, produce and use materials. In the 2025 Sustainable Progress Strategy we announced last year, we articulated Citi's ambition to play a leading role in driving the transition to a low-carbon economy, and this means supporting our corporate clients as they transition to more sustainable business models.Courtney Lowrance and Sanaa Mehrahttps://blog.citigroup.com/2021/03/putting-our-2025-sustainable-progress-strategy-into-action/Limited natural resources and a growing population means we must rethink the ways we extract, design, produce and use materials. In the 2025 Sustainable Progress Strategy we announced last year, we articulated Citi's ambition to play a leading role in driving the transition to a low-carbon economy, and this means supporting our corporate clients as they transition to more sustainable business models.Measuring Gender Equality Progresstag:blog.citigroup.com,2015-01-09:/37102021-03-10T08:00:02Z2021-03-10T08:00:02ZIt's remarkable to be approaching the one-year mark of COVID-19 impacting the way we work and live. While there is real momentum behind vaccine distribution in the U.S., we know that frequent testing is one of the best tools we have at our disposal today for helping to decrease the transmission of COVID-19. Until vaccines are widely available and large numbers of individuals are fully vaccinated across the U.S., rapid, at-home testing provides an opportunity for early identification of infection, which is key to breaking the chain of transmission of COVID-19.Dr. Lori Zimmermanhttps://blog.citigroup.com/2021/03/bringing-rapid-at-home-covid-19-testing/It's remarkable to be approaching the one-year mark of COVID-19 impacting the way we work and live. While there is real momentum behind vaccine distribution in the U.S., we know that frequent testing is one of the best tools we have at our disposal today for helping to decrease the transmission of COVID-19. Until vaccines are widely available and large numbers of individuals are fully vaccinated across the U.S., rapid, at-home testing provides an opportunity for early identification of infection, which is key to breaking the chain of transmission of COVID-19.Measuring Gender Equality Progresstag:blog.citigroup.com,2015-01-09:/37092021-03-09T12:00:02Z2021-03-09T12:00:02ZAs we celebrate International Women's Day, it is time to incorporate and measure gender diversity targets to demonstrate that the issue of women's empowerment is not limited to only one day per year. The investor and finance communities are eager to support these initiatives, and we are seeing the most ambitious companies already linking their financing directly to gender and diversity-related metrics. Karolina Burmeisterhttps://blog.citigroup.com/2021/03/measuring-gender-equality-progress/As we celebrate International Women's Day, it is time to incorporate and measure gender diversity targets to demonstrate that the issue of women's empowerment is not limited to only one day per year. The investor and finance communities are eager to support these initiatives, and we are seeing the most ambitious companies already linking their financing directly to gender and diversity-related metrics. Challenge Acceptedtag:blog.citigroup.com,2015-01-09:/37082021-03-05T09:00:02Z2021-03-05T09:00:02ZThe theme of this year's International Women's Day (IWD) is "Choose to Challenge," a phrase that prompts each of us to think proactively about how we can help forge a gender equal world.Peter Babejhttps://blog.citigroup.com/2021/03/challenge-accepted/The theme of this year's International Women's Day (IWD) is "Choose to Challenge," a phrase that prompts each of us to think proactively about how we can help forge a gender equal world.Delivering Technical Assistance to Small Businesses In Needtag:blog.citigroup.com,2015-01-09:/37072021-03-04T09:00:02Z2021-03-04T09:00:02ZA year ago, everything changed. We have each been impacted personally and professionally in ways we never could have imagined. The global pandemic propelled us into crisis response quickly, yet the road back to stability and prosperity will take longer. While vaccines will protect our physical health, we are continuing to see the devastating economic impacts of COVID-19, especially on small businesses and minority entrepreneurs. Research from the National Bureau of Economic Research shows that Black-owned businesses are closing at more than twice the rate of white-owned businesses, and experiencing declines in cash balances nine times as steep. Small businesses are the foundation of our communities and economy – and ensuring their equitable recovery is a critical piece of our collective recovery. Brandee McHalehttps://blog.citigroup.com/2021/03/delivering-technical-assistance-to-small-businesses-in-need/A year ago, everything changed. We have each been impacted personally and professionally in ways we never could have imagined. The global pandemic propelled us into crisis response quickly, yet the road back to stability and prosperity will take longer. While vaccines will protect our physical health, we are continuing to see the devastating economic impacts of COVID-19, especially on small businesses and minority entrepreneurs. Research from the National Bureau of Economic Research shows that Black-owned businesses are closing at more than twice the rate of white-owned businesses, and experiencing declines in cash balances nine times as steep. Small businesses are the foundation of our communities and economy – and ensuring their equitable recovery is a critical piece of our collective recovery. Citi's Commitment to Net Zero by 2050tag:blog.citigroup.com,2015-01-09:/37062021-03-01T11:00:02Z2021-03-01T11:00:02ZThe climate crisis is among the top critical challenges facing our global society and economy today and there is an urgent need for collective action. We believe that global financial institutions like Citi have the opportunity – and the responsibility – to play a leading role in helping drive the transition to a net zero global economy and make good on the promise of the Paris Agreement.Jane Fraserhttps://blog.citigroup.com/2021/03/citis-commitment-to-net-zero-by-2050/The climate crisis is among the top critical challenges facing our global society and economy today and there is an urgent need for collective action. We believe that global financial institutions like Citi have the opportunity – and the responsibility – to play a leading role in helping drive the transition to a net zero global economy and make good on the promise of the Paris Agreement.Citi's Continued Support of The U.S. Equality Acttag:blog.citigroup.com,2015-01-09:/37052021-02-26T03:30:02Z2021-02-26T03:30:02ZYesterday, the United States House of Representatives passed The Equality Act, which would amend existing civil rights laws to provide non-discrimination protections to Lesbian, Gay, Bisexual, Transgender, Queer, Intersex, and Asexual people across key areas, including employment, housing, credit, education, and jury duty. By amending these federal laws to include sexual orientation and gender identity, the historic legislation would ensure that LGBTQ+ Americans are afforded the same rights as other protected groups.Paco Ybarra and Tim Mongerhttps://blog.citigroup.com/2021/02/citis-continued-support-of-the-us-equality-act/Yesterday, the United States House of Representatives passed The Equality Act, which would amend existing civil rights laws to provide non-discrimination protections to Lesbian, Gay, Bisexual, Transgender, Queer, Intersex, and Asexual people across key areas, including employment, housing, credit, education, and jury duty. By amending these federal laws to include sexual orientation and gender identity, the historic legislation would ensure that LGBTQ+ Americans are afforded the same rights as other protected groups.Helping Small Businesses Navigate the PPP Application and Loan Forgiveness Processtag:blog.citigroup.com,2015-01-09:/37042021-02-23T01:00:02Z2021-02-23T01:00:02ZWith the reopening of the Small Business Administration's Paycheck Protection Program this year, we are once again working to help provide much needed funding for the backbone of our economy. We know that many small business owners have questions about obtaining PPP loans.Kathryn Chasehttps://blog.citigroup.com/2021/02/helping-small-businesses-navigate-the-ppp-application-and-loan-forgiveness-process/With the reopening of the Small Business Administration's Paycheck Protection Program this year, we are once again working to help provide much needed funding for the backbone of our economy. We know that many small business owners have questions about obtaining PPP loans.Reflecting on Black History Month and The Road Aheadtag:blog.citigroup.com,2015-01-09:/37032021-02-11T02:00:02Z2021-02-11T02:00:02ZThroughout my career, I have been fortunate to be an active member of several collectives and professional organizations whose purposes aim to improve racial equity and justice in housing finance, community development, corporate talent pipeline, and leadership. I would like to highlight two such groups that are particularly important to me - The Executive Leadership Council (ELC) and Citi's Black Managing Directors (Black MDs).Lloyd W. Brown, IIhttps://blog.citigroup.com/2021/02/reflecting-on-black-history-month-and-the-road-ahead/Throughout my career, I have been fortunate to be an active member of several collectives and professional organizations whose purposes aim to improve racial equity and justice in housing finance, community development, corporate talent pipeline, and leadership. I would like to highlight two such groups that are particularly important to me - The Executive Leadership Council (ELC) and Citi's Black Managing Directors (Black MDs).How Can We Stand Together When We're So Far Apart?tag:blog.citigroup.com,2015-01-09:/37022021-02-01T02:00:02Z2021-02-01T02:00:02ZIn 1976, Gerald Ford became the first U.S. President to recognize Black History Month. He called upon the public to "seize the opportunity to honor the too-often neglected accomplishments of Black Americans in every area of endeavor throughout our history." Today as a nation we're still trying to answer this call.Leah Wallacehttps://blog.citigroup.com/2021/02/how-can-we-stand-together-when-were-so-far-apart/In 1976, Gerald Ford became the first U.S. President to recognize Black History Month. He called upon the public to "seize the opportunity to honor the too-often neglected accomplishments of Black Americans in every area of endeavor throughout our history." Today as a nation we're still trying to answer this call.When an Apology is Not Enoughtag:blog.citigroup.com,2015-01-09:/37012021-01-25T12:00:02Z2021-01-25T12:00:02ZOne of our Team Citi golfers, Justin Thomas, used an anti-gay slur to describe his own effort after missing a putt. Citi is a strong advocate for the LGBTQ+ community and equality more generally, and we found Justin Thomas' language beyond offensive and in sharp contrast to what we stand for as a company. While he recognized how wrong his language was and apologized, we have made it clear to Justin that an apology alone isn't sufficient.Carla Hassanhttps://blog.citigroup.com/2021/01/when-an-apology-is-not-enough/One of our Team Citi golfers, Justin Thomas, used an anti-gay slur to describe his own effort after missing a putt. Citi is a strong advocate for the LGBTQ+ community and equality more generally, and we found Justin Thomas' language beyond offensive and in sharp contrast to what we stand for as a company. While he recognized how wrong his language was and apologized, we have made it clear to Justin that an apology alone isn't sufficient.Citi's Latest Update on Global Pay Equitytag:blog.citigroup.com,2015-01-09:/37002021-01-21T03:00:02Z2021-01-21T03:00:02ZFour years ago, we were the first bank to disclose our adjusted pay results and the following year we became one of the first companies to disclose our unadjusted or \"raw\" pay gaps for both women and US minorities. Our commitment to that transparency continues today. Sara Wechterhttps://blog.citigroup.com/2021/01/citis-latest-update-on-global-pay-equity/Four years ago, we were the first bank to disclose our adjusted pay results and the following year we became one of the first companies to disclose our unadjusted or \"raw\" pay gaps for both women and US minorities. Our commitment to that transparency continues today. "It's Because You're Different"tag:blog.citigroup.com,2015-01-09:/36992021-01-18T11:00:02Z2021-01-18T11:00:02ZPreconceived notions about race are preventing us from building truly inclusive communities. That's a point our friend and former Chairman of Citigroup, Dick Parsons, made when he recently caught up with CFO, Mark Mason, to reflect on a year in which systemic racism dominated the national conversation. During their chat, Dick recalled a comment that a white friend made in college that he's never forgotten…Dick Parsonshttps://blog.citigroup.com/2021/01/its-because-youre-different/Preconceived notions about race are preventing us from building truly inclusive communities. That's a point our friend and former Chairman of Citigroup, Dick Parsons, made when he recently caught up with CFO, Mark Mason, to reflect on a year in which systemic racism dominated the national conversation. During their chat, Dick recalled a comment that a white friend made in college that he's never forgotten…2020 TCFD Report: Our Climate Risk Disclosuretag:blog.citigroup.com,2015-01-09:/36982020-12-17T11:00:02Z2020-12-17T11:00:02ZAs the world's most global bank, Citi must play an important role in addressing the climate crisis and financing the transition to a low-carbon economy. A key aspect of enabling this transition is understanding and disclosing the potential impacts of our business on the climate, as well as the potential impacts of climate change on our business.Val Smithhttps://blog.citigroup.com/2020/12/2020-tcfd-report-our-climate-risk-disclosure/As the world's most global bank, Citi must play an important role in addressing the climate crisis and financing the transition to a low-carbon economy. A key aspect of enabling this transition is understanding and disclosing the potential impacts of our business on the climate, as well as the potential impacts of climate change on our business.How Technology Is Driving Social Finance Innovationtag:blog.citigroup.com,2015-01-09:/36972020-12-10T09:00:02Z2020-12-10T09:00:02ZAcross the globe, new technologies are driving unprecedented positive impact on segments of the population that have historically lacked access to basic social and economic services. New and innovative business models are emerging with the promise of generating inclusive economic growth. From Bangalore to Nairobi to Mexico City, Citi's clients are at the forefront of digital advancements that are driving this growth. As part of Citi's Institutional Clients Group (ICG) Innovation week, I had the honor of leading a dynamic discussion with some socially-driven companies that are using technology to build scalable solutions.Jorge Rubiohttps://blog.citigroup.com/2020/12/how-technology-is-driving-social-finance-innovation/Across the globe, new technologies are driving unprecedented positive impact on segments of the population that have historically lacked access to basic social and economic services. New and innovative business models are emerging with the promise of generating inclusive economic growth. From Bangalore to Nairobi to Mexico City, Citi's clients are at the forefront of digital advancements that are driving this growth. As part of Citi's Institutional Clients Group (ICG) Innovation week, I had the honor of leading a dynamic discussion with some socially-driven companies that are using technology to build scalable solutions.A Moving Year in Moving Pictures: A Small Business Video Seriestag:blog.citigroup.com,2015-01-09:/36962020-12-07T13:00:02Z2020-12-07T13:00:02ZThe holiday season presents an opportunity to reflect upon the year - and it would be an understatement to say that there is much to look back on in 2020. David Chubakhttps://blog.citigroup.com/2020/12/a-moving-year-in-moving-pictures-a-small-business-video-series/The holiday season presents an opportunity to reflect upon the year - and it would be an understatement to say that there is much to look back on in 2020. Reimagining Ways to Give Back for Global Community Daytag:blog.citigroup.com,2015-01-09:/36952020-11-24T09:00:02Z2020-11-24T09:00:02ZEvery year, Citi colleagues, alumni, partners, clients, family and friends come together to participate in Global Community Day, Citi's annual flagship volunteer initiative, to give back to the communities where we live and work. Traditionally, Global Community Day is celebrated through in-person events where we roll up our sleeves and engage in various service activities - from packaging meals for families in need, to cleaning up and planting flowers in our public parks.Art Tildesleyhttps://blog.citigroup.com/2020/11/reimagining-ways-to-give-back-for-global-community-day/Every year, Citi colleagues, alumni, partners, clients, family and friends come together to participate in Global Community Day, Citi's annual flagship volunteer initiative, to give back to the communities where we live and work. Traditionally, Global Community Day is celebrated through in-person events where we roll up our sleeves and engage in various service activities - from packaging meals for families in need, to cleaning up and planting flowers in our public parks.Supporting CDFIs: The Original Social Entrepreneurstag:blog.citigroup.com,2015-01-09:/36942020-11-19T09:00:02Z2020-11-19T09:00:02ZWhen I started my community investing career in the early 1990s, I learned about a new kind of mission-driven non-profit dedicated to delivering affordable and accessible financial services in lower-income communities – Community Development Financial Institutions or CDFIs. I, like many of my peers at the time, wondered why banks would invest in scaling up other financial institutions that could become competitors. But looking around at the industry, one thing became clear: CDFIs do more than provide capital, they level the playing field for communities and populations at risk of being left behind – especially communities of color. Brandee McHalehttps://blog.citigroup.com/2020/11/supporting-cdfis-the-original-social-entrepreneurs/When I started my community investing career in the early 1990s, I learned about a new kind of mission-driven non-profit dedicated to delivering affordable and accessible financial services in lower-income communities – Community Development Financial Institutions or CDFIs. I, like many of my peers at the time, wondered why banks would invest in scaling up other financial institutions that could become competitors. But looking around at the industry, one thing became clear: CDFIs do more than provide capital, they level the playing field for communities and populations at risk of being left behind – especially communities of color. A New Way to Bank Nationwide on Google Paytag:blog.citigroup.com,2015-01-09:/36932020-11-18T01:00:02Z2020-11-18T01:00:02ZCustomers want an integrated experience where their relationship with money operates at the same speed as the rest of their lives. We want to empower them with an account that provides smart – very smart – financial services built from the ground up with financial wellness and mobile functionality at its core.Anand Selvahttps://blog.citigroup.com/2020/11/a-new-way-to-bank-nationwide-on-google-pay/Customers want an integrated experience where their relationship with money operates at the same speed as the rest of their lives. We want to empower them with an account that provides smart – very smart – financial services built from the ground up with financial wellness and mobile functionality at its core.We Need to Put Young People to Worktag:blog.citigroup.com,2015-01-09:/36922020-11-11T09:00:02Z2020-11-11T09:00:02ZEvery year in November, we come together to honor and thank all those who have bravely served in our armed forces. In the U.S., we observe Veterans Day on the 11th to celebrate those who have served, and Remembrance Day in the UK to commemorate fallen soldiers. As we come together this month amid what has been a challenging year for us all, we recognize and honor our active-duty military and veteran colleagues with a renewed sense of gratitude.Ed Skyler and John Tienhttps://blog.citigroup.com/2020/11/a-renewed-sense-of-gratitude-for-our-veterans/Every year in November, we come together to honor and thank all those who have bravely served in our armed forces. In the U.S., we observe Veterans Day on the 11th to celebrate those who have served, and Remembrance Day in the UK to commemorate fallen soldiers. As we come together this month amid what has been a challenging year for us all, we recognize and honor our active-duty military and veteran colleagues with a renewed sense of gratitude.We Need to Put Young People to Worktag:blog.citigroup.com,2015-01-09:/36912020-11-10T01:00:02Z2020-11-10T01:00:02ZWhile we have yet to realize the long-term economic impacts of COVID-19, one thing is certain. Employment for youth and young adults, and particularly those from underserved communities, has been disproportionately affected. Already, the unemployment rate among these communities in the nation is about twice the national average and continuing a steep, upward climb, making an already uneven playing field that much worse.Brandee McHalehttps://blog.citigroup.com/2020/11/we-need-to-put-young-people-to-work/While we have yet to realize the long-term economic impacts of COVID-19, one thing is certain. Employment for youth and young adults, and particularly those from underserved communities, has been disproportionately affected. Already, the unemployment rate among these communities in the nation is about twice the national average and continuing a steep, upward climb, making an already uneven playing field that much worse.What our Mentor-Protégé Program Means On the Groundtag:blog.citigroup.com,2015-01-09:/36902020-10-30T03:00:02Z2020-10-30T03:00:02ZAs the conversation around racial equity and inclusion in our society and across industries has gathered momentum in recent months, a number of financial institutions have initiated efforts to empower minority communities. We are proud to say that Citi has been active in this area for years and recently announced Action for Racial Equity, a major effort to help close the racial wealth gap that includes a focus on strengthening the economic trajectory of minority-owned and women-owned banks and the communities they serve.Harold Butlerhttps://blog.citigroup.com/2020/10/what-our-mentor-protege-program-means-on-the-ground/As the conversation around racial equity and inclusion in our society and across industries has gathered momentum in recent months, a number of financial institutions have initiated efforts to empower minority communities. We are proud to say that Citi has been active in this area for years and recently announced Action for Racial Equity, a major effort to help close the racial wealth gap that includes a focus on strengthening the economic trajectory of minority-owned and women-owned banks and the communities they serve.Insights from the Ground: Managing Through the COVID-19 Pandemictag:blog.citigroup.com,2015-01-09:/36892020-10-21T04:00:02Z2020-10-21T04:00:02ZIn this series, we share insights from our Citi Country Officers (CCOs) around the globe as they reflect on their experiences during COVID-19. CCOs are responsible for leading the entire Citi franchise in their country. They provide alignment and leadership to bring our global strategy to life in each of their jurisdictions.Manuel Romo & Rocio Velardehttps://blog.citigroup.com/2020/10/insights-from-the-ground-managing-through-the-covid-19-pandemic/In this series, we share insights from our Citi Country Officers (CCOs) around the globe as they reflect on their experiences during COVID-19. CCOs are responsible for leading the entire Citi franchise in their country. They provide alignment and leadership to bring our global strategy to life in each of their jurisdictions.Working with Girl Scouts to Develop Young Civic Leaderstag:blog.citigroup.com,2015-01-09:/36882020-10-09T08:00:02Z2020-10-09T08:00:02ZOne of the most formative experiences I remember growing up was being a Girl Scout. The organization teaches many important lessons and works to develop girls' confidence, and character. I can remember earning badges and being so excited, not only to build my collection on my Girl Scout vest, but also which ones came easy to me and which ones required more work. The work behind these badges is important. That's why Citi is incredibly proud to announce Citi Foundation's support of Girl Scouts of the USA launch of a new badge program focused on civics that will give girls a greater understanding of democracy and government.Sara Wechterhttps://blog.citigroup.com/2020/10/working-with-girl-scouts-to-develop-young-civic-leaders/One of the most formative experiences I remember growing up was being a Girl Scout. The organization teaches many important lessons and works to develop girls' confidence, and character. I can remember earning badges and being so excited, not only to build my collection on my Girl Scout vest, but also which ones came easy to me and which ones required more work. The work behind these badges is important. That's why Citi is incredibly proud to announce Citi Foundation's support of Girl Scouts of the USA launch of a new badge program focused on civics that will give girls a greater understanding of democracy and government.Citi Leaders Named to American Banker's 2020 "Most Powerful Women" Liststag:blog.citigroup.com,2015-01-09:/36872020-09-30T01:00:02Z2020-09-30T01:00:02ZI'm proud to share that seven senior Citi leaders have been recognized among this year's American Banker "Most Powerful Women" rankings. This well-deserved acknowledgement from one of our industry's premier publications sends a powerful message about the diversity of our leadership, which is one of the great strengths of our firm. And while we still have work to do, I am proud of our efforts to increase the representation of women and U.S. minorities in senior and higher-paying roles, as we outlined in our most recent Environmental, Social and Governance report.Mike Corbathttps://blog.citigroup.com/2020/09/citi-leaders-named-to-american-bankers-2020-most-powerful-women-listsI'm proud to share that seven senior Citi leaders have been recognized among this year's American Banker "Most Powerful Women" rankings. This well-deserved acknowledgement from one of our industry's premier publications sends a powerful message about the diversity of our leadership, which is one of the great strengths of our firm. And while we still have work to do, I am proud of our efforts to increase the representation of women and U.S. minorities in senior and higher-paying roles, as we outlined in our most recent Environmental, Social and Governance report.Taking Action to Close the Racial Wealth Gaptag:blog.citigroup.com,2015-01-09:/36862020-09-23T08:00:02Z2020-09-23T08:00:02ZThe most successful organizations stand for a clear set of values. Citi is no exception. But here's what we must recognize: just talking about our values and putting them in a pretty font on our website is one thing. Actually living them, promoting them and protecting them is entirely different. Ensuring the communities we serve are fair and inclusive is a core part of Citi's mission of enabling growth and progress. But when you listen to the calls for racial justice echoing across the United States this year, it's clear that more of the same won't do.Jane Fraser and Paco Ybarrahttps://blog.citigroup.com/2020/09/taking-action-to-close-the-racial-wealth-gapThe most successful organizations stand for a clear set of values. Citi is no exception. But here's what we must recognize: just talking about our values and putting them in a pretty font on our website is one thing. Actually living them, promoting them and protecting them is entirely different. Ensuring the communities we serve are fair and inclusive is a core part of Citi's mission of enabling growth and progress. But when you listen to the calls for racial justice echoing across the United States this year, it's clear that more of the same won't do.Citi Named to Fast Company's Best Workplaces for Innovators Listtag:blog.citigroup.com,2015-01-09:/36852020-07-30T02:00:02Z2020-07-30T02:00:02ZWe're thrilled to announce that Fast Company has included Citi on its 2020 list of the Best Workplaces for Innovators. This is the result of a culture at Citi conducive to innovation, where all colleagues – from our class of summer analysts and associates to our senior leadership – feel empowered not only to innovate, but to innovate with purpose. It's equally reflective of the emphasis we place on bringing new teammates to our firm who embrace change, endeavor to anticipate the challenges faced by those we serve, and are able to turn ideas into tangible solutions.https://blog.citigroup.com/2020/07/citi-named-to-fast-companys-best-workplaces-for-Innovators-listWe're thrilled to announce that Fast Company has included Citi on its 2020 list of the Best Workplaces for Innovators. This is the result of a culture at Citi conducive to innovation, where all colleagues – from our class of summer analysts and associates to our senior leadership – feel empowered not only to innovate, but to innovate with purpose. It's equally reflective of the emphasis we place on bringing new teammates to our firm who embrace change, endeavor to anticipate the challenges faced by those we serve, and are able to turn ideas into tangible solutions.Building Towards a Sustainable Futuretag:blog.citigroup.com,2015-01-09:/36842020-07-29T09:30:02Z2020-07-29T09:30:02ZOver the past few months, in the midst of our global health crisis, some have questioned the connection between sustainability and the broader issues weighing on our society. But if we take one lesson away from these intersecting crises, as our CEO Mike Corbat has said – it is that our physical and economic health, our sustainability and resiliency, and social justice are inextricably linked.Val Smithhttps://blog.citigroup.com/2020/07/building-towards-a-sustainable-futureOver the past few months, in the midst of our global health crisis, some have questioned the connection between sustainability and the broader issues weighing on our society. But if we take one lesson away from these intersecting crises, as our CEO Mike Corbat has said – it is that our physical and economic health, our sustainability and resiliency, and social justice are inextricably linked.Insights from the Ground: Managing Through the COVID-19 Pandemictag:blog.citigroup.com,2015-01-09:/36832020-07-16T02:00:02Z2020-07-16T02:00:02ZIn this series, we share insights from our Citi Country Officers (CCOs) around the globe as they reflect on their experiences during COVID-19. CCOs are responsible for leading the entire Citi franchise in their country. They provide alignment and leadership to bring our global strategy to life in each of their jurisdictions. Leopoldo Attolico and Leslie Rubiohttps://blog.citigroup.com/2020/07/insights-from-the-ground-managing-through-the-covid-19-pandemicIn this series, we share insights from our Citi Country Officers (CCOs) around the globe as they reflect on their experiences during COVID-19. CCOs are responsible for leading the entire Citi franchise in their country. They provide alignment and leadership to bring our global strategy to life in each of their jurisdictions. Citi Signs Amicus Brief Supporting the Ratification of the Equal Rights Amendment to the U.S. Constitutiontag:blog.citigroup.com,2015-01-09:/36822020-06-29T04:00:02Z2020-06-29T04:00:02ZDuring the past few months of distance learning for my teenage daughter, I've had the opportunity to revisit some of the milestones of the women's rights movement as part of her women's studies class. The first version of the Equal Rights Amendment (ERA) was introduced in Congress in 1923; her class covered the effort to ratify the ERA and the counter-movement in the 1970s that prevented it from becoming law. She was amazed that we are still having this debate – and legal battle – in 2020.Jo-Anne Kellyhttps://blog.citigroup.com/2020/06/citi-signs-amicus-brief-supporting-the-ratification-of-the-equal-rights-amendment-to-the-us-constitutionDuring the past few months of distance learning for my teenage daughter, I've had the opportunity to revisit some of the milestones of the women's rights movement as part of her women's studies class. The first version of the Equal Rights Amendment (ERA) was introduced in Congress in 1923; her class covered the effort to ratify the ERA and the counter-movement in the 1970s that prevented it from becoming law. She was amazed that we are still having this debate – and legal battle – in 2020.Using PPP Net Profits to Support CDFIs Serving Communities of Colortag:blog.citigroup.com,2015-01-09:/36812020-06-29T03:00:02Z2020-06-29T03:00:02ZWhile we have yet to realize the lasting economic impacts of COVID-19, the immediate impacts are unquestionably – and disproportionately – falling to communities of color. A sobering new report from the National Bureau of Economic Research found that from February to April, the number of Black and Latinx small business owners have fallen by 41% and 36%, respectively. Of the many factors causing this sharp decline, lack of access to credit is a significant obstacle to resiliency that continues to exist for small business owners of color, even long before the pandemic.Brandee McHalehttps://blog.citigroup.com/2020/06/using-ppp-net-profits-to-support-cdfis-serving-communities-of-colorWhile we have yet to realize the lasting economic impacts of COVID-19, the immediate impacts are unquestionably – and disproportionately – falling to communities of color. A sobering new report from the National Bureau of Economic Research found that from February to April, the number of Black and Latinx small business owners have fallen by 41% and 36%, respectively. Of the many factors causing this sharp decline, lack of access to credit is a significant obstacle to resiliency that continues to exist for small business owners of color, even long before the pandemic.Citi PPP Loans Help Save Small Business Jobs in the Hardest Hit Sectorstag:blog.citigroup.com,2015-01-09:/36802020-06-24T09:00:02Z2020-06-24T09:00:02ZThe better-than-expected jobs report released earlier this month by the Department of Labor provided a glimmer of hope amid the economic hardship that COVID-19 has inflicted on small business. Many Americans and many American small businesses are still struggling to weather this storm, but the jobs report suggests that the extraordinary response to this pandemic that includes the U.S. Small Business Administration's Paycheck Protection Program (PPP) has helped to provide a lifeline and fuel a partial bounce back of jobs in a number of sectors.David Chubakhttps://blog.citigroup.com/2020/06/citi-ppp-loans-help-save-small-business-jobs-in-the-hardest-hit-sectorsThe better-than-expected jobs report released earlier this month by the Department of Labor provided a glimmer of hope amid the economic hardship that COVID-19 has inflicted on small business. Many Americans and many American small businesses are still struggling to weather this storm, but the jobs report suggests that the extraordinary response to this pandemic that includes the U.S. Small Business Administration's Paycheck Protection Program (PPP) has helped to provide a lifeline and fuel a partial bounce back of jobs in a number of sectors. U.S. Supreme Court Delivers Landmark Civil Rights Decisiontag:blog.citigroup.com,2015-01-09:/36792020-06-16T01:00:02Z2020-06-16T01:00:02ZYesterday, the United States Supreme Court issued a 6-3 landmark decision prohibiting workplace discrimination on the basis of sexual orientation and gender identity. For the first time in history, freedom from workplace discrimination is the law of the land for all LGBT+ people in the United States.Paco Ybarra and Bob Annibalehttps://blog.citigroup.com/2020/06/us-supreme-court-delivers-landmark-civil-rights-decisionYesterday, the United States Supreme Court issued a 6-3 landmark decision prohibiting workplace discrimination on the basis of sexual orientation and gender identity. For the first time in history, freedom from workplace discrimination is the law of the land for all LGBT+ people in the United States. Insights from the Ground: Managing Through the COVID-19 Pandemictag:blog.citigroup.com,2015-01-09:/36782020-06-11T02:00:02Z2020-06-11T02:00:02ZIn this series, we share insights from our Citi Country Officers (CCOs) around the globe as they reflect on their experiences during COVID-19. CCOs are responsible for leading the entire Citi franchise in their country. They provide alignment and leadership to bring our global strategy to life in each of their jurisdictions.Christine Lam and Tibor Pandihttps://blog.citigroup.com/2020/06/insights-from-the-ground-managing-through-the-covid-19-pandemicIn this series, we share insights from our Citi Country Officers (CCOs) around the globe as they reflect on their experiences during COVID-19. CCOs are responsible for leading the entire Citi franchise in their country. They provide alignment and leadership to bring our global strategy to life in each of their jurisdictions.Simplifying a Complex Process: Helping Our Customers Prepare for PPP Loan Forgivenesstag:blog.citigroup.com,2015-01-09:/36772020-06-04T01:00:02Z2020-06-04T01:00:02ZDuring my decade at Citi, I have had the opportunity to oversee a number of large-scale projects, ranging from the transformation of our mortgage business to streamlining our branch footprint. Without a doubt, however, overseeing Citi's planning and preparation to help our customers navigate the Small Business Administration's Paycheck Protection Program (PPP) loan forgiveness process has been the most intense because of the extremely short timeline and the absolute need to get this right for our clients.Brenda Hursthttps://blog.citigroup.com/2020/06/simplifying-a-complex-process-helping-our-customers-prepare-for-ppp-loan-forgivenessDuring my decade at Citi, I have had the opportunity to oversee a number of large-scale projects, ranging from the transformation of our mortgage business to streamlining our branch footprint. Without a doubt, however, overseeing Citi's planning and preparation to help our customers navigate the Small Business Administration's Paycheck Protection Program (PPP) loan forgiveness process has been the most intense because of the extremely short timeline and the absolute need to get this right for our clients.I can't breathe.tag:blog.citigroup.com,2015-01-09:/36762020-05-29T06:00:02Z2020-05-29T06:00:02ZI can't breathe. I can't breathe. I can't breathe. Those words were George Floyd's last. In a video recorded by a bystander, he can be heard saying them, pleading for his life, 10 times. Maybe more. While a police officer kneeled on his neck for 8 minutes and 46 seconds. While three other officers stood by and WATCHED.Mark Masonhttps://blog.citigroup.com/2020/05/i-cant-breatheI can't breathe. I can't breathe. I can't breathe. Those words were George Floyd's last. In a video recorded by a bystander, he can be heard saying them, pleading for his life, 10 times. Maybe more. While a police officer kneeled on his neck for 8 minutes and 46 seconds. While three other officers stood by and WATCHED.Preserving Memorial Day's Purposetag:blog.citigroup.com,2015-01-09:/36752020-05-25T09:00:02Z2020-05-25T09:00:02ZThis year, Memorial Day comes at a time when all of us are navigating profound changes in both our personal and professional lives. When I began writing this message, I couldn't help thinking about how this solemn occasion has traditionally been marked by the physical proximity of people coming together to honor and remember our fallen service members. Yet, while like many of you I feel disappointment that so many of these gatherings will be missed this year, I also believe that we can observe Memorial Day in important ways that preserve its purpose.Ed Skylerhttps://blog.citigroup.com/2020/05/preserving-memorial-days-purposeThis year, Memorial Day comes at a time when all of us are navigating profound changes in both our personal and professional lives. When I began writing this message, I couldn't help thinking about how this solemn occasion has traditionally been marked by the physical proximity of people coming together to honor and remember our fallen service members. Yet, while like many of you I feel disappointment that so many of these gatherings will be missed this year, I also believe that we can observe Memorial Day in important ways that preserve its purpose.An Update on Our 2020 Summer Internship Programtag:blog.citigroup.com,2015-01-09:/36742020-05-18T03:00:02Z2020-05-18T03:00:02ZFollowing Citi's decision to offer the majority of its summer interns full-time positions upon graduation, Citi sent the following update to its 2020 Summer Intern Class regarding the format of program:
Since you last heard from us, we have been working to determine the best way forward for our 2020 summer internship program. To prioritize your health and safety, we have decided that the entire program will be delivered virtually this year.Courtney Storzhttps://blog.citigroup.com/2020/05/an-update-on-our-2020-summer-internship-programFollowing Citi's decision to offer the majority of its summer interns full-time positions upon graduation, Citi sent the following update to its 2020 Summer Intern Class regarding the format of program:
Since you last heard from us, we have been working to determine the best way forward for our 2020 summer internship program. To prioritize your health and safety, we have decided that the entire program will be delivered virtually this year.By State, By Sector, By Size: A Look at Citi's Support of Small Business Through the Paycheck Protection Programtag:blog.citigroup.com,2015-01-09:/36732020-05-15T04:00:02Z2020-05-15T04:00:02ZWith the second round of the Small Business Administration's Paycheck Protection Program funding well underway, we are pleased to share data to date on where Citi's PPP loans are going – by state, by sector and by size.Citi Global Consumer Bankhttps://blog.citigroup.com/2020/05/by-state-by-sector-by-size-a-look-at-citis-support-of-small-business-through-the-paycheck-protection-programWith the second round of the Small Business Administration's Paycheck Protection Program funding well underway, we are pleased to share data to date on where Citi's PPP loans are going – by state, by sector and by size.Extending a Lifeline to the Engines of the American Economytag:blog.citigroup.com,2015-01-09:/36722020-05-13T04:00:02Z2020-05-13T04:00:02ZWith eight out of 10 U.S. jobs in services, the services sector is the lifeblood of the U.S. economy. Services enable all economic sectors – from healthcare to manufacturing to agriculture – to be more productive, reach more consumers, and ultimately, contribute to a better livelihood for Americans through job creation, higher wages and greater opportunities.Candi Wolffhttps://blog.citigroup.com/2020/05/extending-a-lifeline-to-the-engines-of-the-american-economyWith eight out of 10 U.S. jobs in services, the services sector is the lifeblood of the U.S. economy. Services enable all economic sectors – from healthcare to manufacturing to agriculture – to be more productive, reach more consumers, and ultimately, contribute to a better livelihood for Americans through job creation, higher wages and greater opportunities.Working Together to Fight Hunger during COVID-19tag:blog.citigroup.com,2015-01-09:/36712020-05-13T01:00:02Z2020-05-13T01:00:02ZFor millions of people in America, the same lockdowns and social distancing measures that are protecting them from COVID-19 have halted their work and income – leaving them wondering how they'll access the basic resources they need to survive. For these people, and millions like them around the world, the pandemic is intensifying the threat of an equally dire crisis: hunger.Carla Hassanhttps://blog.citigroup.com/2020/05/working-together-to-fight-hunger-during-covid-19For millions of people in America, the same lockdowns and social distancing measures that are protecting them from COVID-19 have halted their work and income – leaving them wondering how they'll access the basic resources they need to survive. For these people, and millions like them around the world, the pandemic is intensifying the threat of an equally dire crisis: hunger.On the Other End of the Line: Helping Small Businesses Apply for PPP Loanstag:blog.citigroup.com,2015-01-09:/36702020-05-06T05:00:02Z2020-05-06T05:00:02ZI have been fortunate to spend more than 20 years at Citi helping customers, first in the call center supporting credit card and mortgage clients and later as a project manager and a team leader. When the COVID-19 pandemic forced businesses of all sizes across the U.S. to shut down leading Congress to pass the CARES Act, which included an emergency lending facility for the Small Business Administration, called the Paycheck Protection Program (PPP), my team was enlisted to help.Heather Feltshttps://blog.citigroup.com/2020/05/on-the-other-end-of-the-line-helping-small-businesses-apply-for-ppp-loansI have been fortunate to spend more than 20 years at Citi helping customers, first in the call center supporting credit card and mortgage clients and later as a project manager and a team leader. When the COVID-19 pandemic forced businesses of all sizes across the U.S. to shut down leading Congress to pass the CARES Act, which included an emergency lending facility for the Small Business Administration, called the Paycheck Protection Program (PPP), my team was enlisted to help.By the Numbers: How Citi is Supporting Small Business Through the Paycheck Protection Programtag:blog.citigroup.com,2015-01-09:/36692020-04-30T02:30:02Z2020-04-30T02:30:02ZWith the second round of the Small Business Administration's Paycheck Protection Program funding underway, much of the discussion around the program has been about making sure the true small businesses secure access to the resources they need to survive.Citi Global Consumer Bankhttps://blog.citigroup.com/2020/04/by-the-numbers-how-citi-is-supporting-small-business-through-the-paycheck-protection-programWith the second round of the Small Business Administration's Paycheck Protection Program funding underway, much of the discussion around the program has been about making sure the true small businesses secure access to the resources they need to survive.Delivering PPP Loans to Main Street Small Businessestag:blog.citigroup.com,2015-01-09:/36682020-04-29T10:30:02Z2020-04-29T10:30:02ZIn the first phase of the Small Business Administration's Paycheck Protection Program, we delivered more than $1 billion to small businesses around the country. It is an effort that has taken thousands of colleagues, from every area of the business, working around the clock to design, build, test, launch, scale and serve to participate in one of the largest federal lending programs in history.David Chubakhttps://blog.citigroup.com/2020/04/delivering-ppp-loans-to-main-street-small-businessesIn the first phase of the Small Business Administration's Paycheck Protection Program, we delivered more than $1 billion to small businesses around the country. It is an effort that has taken thousands of colleagues, from every area of the business, working around the clock to design, build, test, launch, scale and serve to participate in one of the largest federal lending programs in history.Using Proceeds from the Paycheck Protection Program to Support Small Businesses and CDFIstag:blog.citigroup.com,2015-01-09:/36672020-04-28T14:00:02Z2020-04-28T14:00:02ZCommunity Development Financial Institutions play a vital role in expanding access to safe and affordable products and services to low-income communities and communities of color. The Citi Foundation greatly values the opportunity to partner with these critically important financial institutions to support their customers, many of whom have been particularly hard hit by the impacts of the COVID-19 pandemic. That's why the Citi Foundation launched a $7.5 million COVID-19 U.S. Small Business Relief Program earlier this month to support efforts by Community Development Financial Institutions (CDFIs) to serve small, diverse entrepreneurs who may not fully qualify for federal government stimulus funding. This includes capacity building grants to expand lending capabilities and operations in response to an unprecedented demand for services.Brandee McHalehttps://blog.citigroup.com/2020/04/using-proceeds-from-the-paycheck-protection-program-to-support-small-businesses-and-cdfisCommunity Development Financial Institutions play a vital role in expanding access to safe and affordable products and services to low-income communities and communities of color. The Citi Foundation greatly values the opportunity to partner with these critically important financial institutions to support their customers, many of whom have been particularly hard hit by the impacts of the COVID-19 pandemic. That's why the Citi Foundation launched a $7.5 million COVID-19 U.S. Small Business Relief Program earlier this month to support efforts by Community Development Financial Institutions (CDFIs) to serve small, diverse entrepreneurs who may not fully qualify for federal government stimulus funding. This includes capacity building grants to expand lending capabilities and operations in response to an unprecedented demand for services.Citi's Statement on the U.S. Paycheck Protection Programtag:blog.citigroup.com,2015-01-09:/36662020-04-23T16:00:02Z2020-04-23T16:00:02ZWe strongly disagree with how The New York Times characterized how we are helping clients across Citi. The parameters of the Small Business Administration's Paycheck Protection Program as written by Congress and signed into law meant that a range of clients -- retail, commercial and the private bank -- were eligible. Each business supporting these clients worked separately on Paycheck Protection Program loans for its customers and there was no preferential treatment.Ed Skylerhttps://blog.citigroup.com/2020/04/citis-statement-on-the-us-paycheck-protection-programWe strongly disagree with how The New York Times characterized how we are helping clients across Citi. The parameters of the Small Business Administration's Paycheck Protection Program as written by Congress and signed into law meant that a range of clients -- retail, commercial and the private bank -- were eligible. Each business supporting these clients worked separately on Paycheck Protection Program loans for its customers and there was no preferential treatment.Reflecting on Earth Day During COVID-19 tag:blog.citigroup.com,2015-01-09:/36652020-04-22T10:00:02Z2020-04-22T10:00:02ZIn 2019, Oxford Dictionaries declared "climate emergency" its Word of the Year. In 2020, as the world responds to the immediate and critical threat of the COVID-19 pandemic, nearly all eyes and minds are, not surprisingly, focused on the health and safety of our loved ones and on the economic challenges that fighting this virus has caused. Yet the important lessons we are learning today from this global health crisis – the need to increase community resilience, collaborate on solutions, and develop data to reduce risk – also apply to the longer-term, but just as potentially perilous, climate crisis.Val Smithhttps://blog.citigroup.com/2020/04/reflecting-on-earth-day-during-covid-19In 2019, Oxford Dictionaries declared "climate emergency" its Word of the Year. In 2020, as the world responds to the immediate and critical threat of the COVID-19 pandemic, nearly all eyes and minds are, not surprisingly, focused on the health and safety of our loved ones and on the economic challenges that fighting this virus has caused. Yet the important lessons we are learning today from this global health crisis – the need to increase community resilience, collaborate on solutions, and develop data to reduce risk – also apply to the longer-term, but just as potentially perilous, climate crisis.Environmental, Social and Governance at Cititag:blog.citigroup.com,2015-01-09:/36642020-04-21T08:00:02Z2020-04-21T08:00:02ZIn the midst of this global pandemic, we remain committed to supporting our clients and community partners to help drive positive social and environmental impact around the world. As we confront the current crisis, we are not only working to manage its short-term impacts, but are preparing for and investing in long-term solutions focused on economic recovery and financial stability.Ed Skylerhttps://blog.citigroup.com/2020/04/environmental-social-and-governance-at-citiIn the midst of this global pandemic, we remain committed to supporting our clients and community partners to help drive positive social and environmental impact around the world. As we confront the current crisis, we are not only working to manage its short-term impacts, but are preparing for and investing in long-term solutions focused on economic recovery and financial stability.Certainty in Uncertain Times: Welcoming our Summer Interns to Cititag:blog.citigroup.com,2015-01-09:/36632020-04-14T16:00:02Z2020-04-14T16:00:02ZAs our leadership team at Citi continues to act quickly and decisively to manage this crisis as best we can, we've been very careful not to fall into a short-term mindset, especially when it comes to our people. We know that if we do, the ramifications of this crisis will long outlast its health and economic consequences. Our summer analyst program is no exception - the program has long been a source of great talent for our firm, is a key component of our efforts to further diversify Citi and is a great source of energy and pride for our firm.Paco Ybarra and Diane Arberhttps://blog.citigroup.com/2020/04/certainty-in-uncertain-times-welcoming-our-summer-interns-to-citiAs our leadership team at Citi continues to act quickly and decisively to manage this crisis as best we can, we've been very careful not to fall into a short-term mindset, especially when it comes to our people. We know that if we do, the ramifications of this crisis will long outlast its health and economic consequences. Our summer analyst program is no exception – the program has long been a source of great talent for our firm, is a key component of our efforts to further diversify Citi and is a great source of energy and pride for our firm.Celebrating Black Excellence at Citi tag:blog.citigroup.com,2015-01-09:/36622020-02-29T16:00:02Z2020-02-29T16:00:02ZFebruary is Black History Month in the U.S. It is a time to recognize the people and events in history associated with the centuries-long African diaspora. As co-leads of Citi's Black Heritage Affinity, this month has an added significance for us and each member of our 14 Black Heritage Networks. The theme for this year's Black History Month was "Black Excellence," which is why throughout February we celebrated and featured some of the extraordinary contributions and accomplishments made by notable Black leaders both inside and outside of Citi.Mark Mason and Mike Whitakerhttps://blog.citigroup.com/2020/02/celebrating-black-excellence-at-citiFebruary is Black History Month in the U.S. It is a time to recognize the people and events in history associated with the centuries-long African diaspora. As co-leads of Citi's Black Heritage Affinity, this month has an added significance for us and each member of our 14 Black Heritage Networks. The theme for this year's Black History Month was "Black Excellence," which is why throughout February we are celebrating and featuring some of the extraordinary contributions and accomplishments made by notable Black leaders both inside and outside of Citi.Banking the Next Billion: Digital Financial Inclusion in Actiontag:blog.citigroup.com,2015-01-09:/36612020-02-13T09:00:02Z2020-02-13T09:00:02ZMore people have joined the formal financial sector in the last decade than any other period in the history of banking. As recently as 2011, half of the world's population was unbanked. The last official data from the World Bank (2017) shows just under one third of the world's adults (or 1.7 billion people) remained "unbanked" or outside the formal financial system.Ronit Ghose and Bob Annibalehttps://blog.citigroup.com/2020/02/banking-the-next-billion-digital-financial-inclusion-in-actionMore people have joined the formal financial sector in the last decade than any other period in the history of banking. As recently as 2011, half of the world's population was unbanked. The last official data from the World Bank (2017) shows just under one third of the world's adults (or 1.7 billion people) remained "unbanked" or outside the formal financial system.U.S.-Singapore Free Flow of Data Announcement Represents an Important Step Forwardtag:blog.citigroup.com,2015-01-09:/36602020-02-07T16:00:02Z2020-02-07T16:00:02ZAs the bank with one of the largest global data infrastructures, which we use to facilitate about $4 trillion of financial flows daily, ensuring that data moves across borders freely and securely has long been a top priority for us at Citi. Recently, The World Economic Forum published a report reinforcing the increasing importance of the free flow of data to our national, regional and global economies. The report also highlighted some specific actions that governments are taking to restrict and constrict those essential flows.Candi Wolffhttps://blog.citigroup.com/2020/02/us-singapore-free-flow-of-data-announcement-represents-an-important-step-forwardAs the bank with one of the largest global data infrastructures, which we use to facilitate about $4 trillion of financial flows daily, ensuring that data moves across borders freely and securely has long been a top priority for us at Citi. Recently, The World Economic Forum published a report reinforcing the increasing importance of the free flow of data to our national, regional and global economies. The report also highlighted some specific actions that governments are taking to restrict and constrict those essential flows.Citi Commends Congress for Bipartisan Approval of USMCAtag:blog.citigroup.com,2015-01-09:/36592020-01-16T16:00:02Z2020-01-16T16:00:02ZWe commend Congress for approving the USMCA with a strong bipartisan vote today in the Senate following the strong bipartisan vote in the House late last year. The diverse array of voices that came together to support this deal were crucial to its ultimate success in Congress. As we've served clients doing business across the borders in the U.S., Mexico and Canada, Citi has had a front row seat to the way North American integration makes each of the signatory countries more competitive in the global marketplace. We look forward to Canada taking the final step to ratifying the agreement.Candi Wolffhttps://blog.citigroup.com/2020/01/citi-commends-congress-for-bipartisan-approval-of-usmcaWe commend Congress for approving the USMCA with a strong bipartisan vote today in the Senate following the strong bipartisan vote in the House late last year. The diverse array of voices that came together to support this deal were crucial to its ultimate success in Congress. As we've served clients doing business across the borders in the U.S., Mexico and Canada, Citi has had a front row seat to the way North American integration makes each of the signatory countries more competitive in the global marketplace. We look forward to Canada taking the final step to ratifying the agreement.Update on Citi's Global Pay Equitytag:blog.citigroup.com,2015-01-09:/36582020-01-15T09:00:02Z2020-01-15T09:00:02ZCiti's work to champion equality is reflected in our decision to be transparent about the results of our pay equity review and our unadjusted or "raw" pay gap.Sara Wechterhttps://blog.citigroup.com/2020/01/update-on-citis-global-pay-equityCiti's work to champion equality is reflected in our decision to be transparent about the results of our pay equity review and our unadjusted or "raw" pay gap.Citi Foundation's 40 Community Progress Makers Come Together for Final Conveningtag:blog.citigroup.com,2015-01-09:/36572019-12-19T15:00:02Z2019-12-19T15:00:02ZIn November, the Citi Foundation hosted the senior leaders of 40 of the country's most innovative community organizations. The convening, which spanned three days, is part of the Foundation's flagship program - Community Progress Makers.Julie Hodgson, Kristen Scheyder and Daria Sheehanhttps://blog.citigroup.com/2019/12/citi-foundations-40-community-progress-makers-come-together-for-final-conveningIn November, the Citi Foundation hosted the senior leaders of 40 of the country's most innovative community organizations. The convening, which spanned three days, is part of the Foundation's flagship program - Community Progress Makers.USMCA Deal Marks One Step Closer to Improved Trade Agreement in North Americatag:blog.citigroup.com,2015-01-09:/36562019-12-10T17:00:02Z2019-12-10T17:00:02ZThe USMCA deal reached today by Congress, the administration, Mexico and Canada signifies that we are one step closer to finalizing this critical trade agreement. Citi has witnessed the many benefits of North American integration as we serve clients in the U.S., Mexico and Canada, and we applaud the modernization and enhancements made in this new agreement. We encourage Congress to quickly pass this hard fought deal and look forward to all three countries ratifying it.Candi Wolffhttps://blog.citigroup.com/2019/12/usmca-deal-marks-one-step-closer-to-improved-trade-agreement-in-north-americaThe USMCA deal reached today by Congress, the administration, Mexico and Canada signifies that we are one step closer to finalizing this critical trade agreement. Citi has witnessed the many benefits of North American integration as we serve clients in the U.S., Mexico and Canada, and we applaud the modernization and enhancements made in this new agreement. We encourage Congress to quickly pass this hard fought deal and look forward to all three countries ratifying it.Engaging the Next Generation of Diverse Talent: Citi Hosts HBCU Symposiumtag:blog.citigroup.com,2015-01-09:/36552019-12-02T14:00:02Z2019-12-02T14:00:02ZCiti recently hosted a two day symposium at our headquarters in New York City for 86 students currently attending Historically Black Colleges and Universities (HBCUs). The program was open to first and second year HBCU students who were selected following a rigorous application process. It was designed to provide an overview of topics such as career preparedness, entrepreneurship and personal financial management while also offering networking opportunities – not only with a wide range of Citi professionals, but also with their fellow HBCU students.Mark Masonhttps://blog.citigroup.com/2019/12/engaging-the-next-generation-of-diverse-talent-citi-hosts-hbcu-symposiumCiti recently hosted a two day symposium at our headquarters in New York City for 86 students currently attending Historically Black Colleges and Universities (HBCUs). The program was open to first and second year HBCU students who were selected following a rigorous application process. It was designed to provide an overview of topics such as career preparedness, entrepreneurship and personal financial management while also offering networking opportunities – not only with a wide range of Citi professionals, but also with their fellow HBCU students.Unveiling the Citi Brand Sculpturetag:blog.citigroup.com,2015-01-09:/36542019-11-26T15:00:02Z2019-11-26T15:00:02ZCiti and Lower Manhattan Cultural Council (LMCC) are excited to unveil a sculpture that will form a focal point in the lobby of Citi's newly-renovated global headquarters in Tribeca. The sculpture, constructed primarily out of recycled and reclaimed materials, symbolizes Citi's firm-wide commitment to sustainable initiatives and to the lower Manhattan neighborhood that serves as home to their headquarters. Citi and LMCC collaborated on the project from conception to completion, showcasing a mutual commitment to environmental sustainability and conservation. This partnership is just one example of how Citi is deepening its ties to the Tribeca community.Sophie Lam, Alice Russotti and Art Tildesleyhttps://blog.citigroup.com/2019/11/unveiling-the-citi-brand-sculptureCiti and Lower Manhattan Cultural Council (LMCC) are excited to unveil a sculpture that will form a focal point in the lobby of Citi's newly-renovated global headquarters in Tribeca. The sculpture, constructed primarily out of recycled and reclaimed materials, symbolizes Citi's firm-wide commitment to sustainable initiatives and to the lower Manhattan neighborhood that serves as home to their headquarters. Citi and LMCC collaborated on the project from conception to completion, showcasing a mutual commitment to environmental sustainability and conservation. This partnership is just one example of how Citi is deepening its ties to the Tribeca community.Financial Inclusion: How Credit Building is Changing the Workplacetag:blog.citigroup.com,2015-01-09:/36532019-11-13T16:00:02Z2019-11-13T16:00:02ZA low credit score can negatively impact nearly every aspect of a consumer's life, from car loan interest rates to the ability to get jobs or rent apartments. Low and/or no credit scores have become a huge issue for many adult Americans, 44 percent of whom have subprime scores of 600 or below, or in some cases, no credit score at all. In low-income neighborhoods, the percentage of subprime borrowers can easily surpass 80 percent.Ricki Lowitz and George Wrighthttps://blog.citigroup.com/2019/11/financial-inclusion-how-credit-building-is-changing-the-workplaceA low credit score can negatively impact nearly every aspect of a consumer's life, from car loan interest rates to the ability to get jobs or rent apartments. Low and/or no credit scores have become a huge issue for many adult Americans, 44 percent of whom have subprime scores of 600 or below, or in some cases, no credit score at all. In low-income neighborhoods, the percentage of subprime borrowers can easily surpass 80 percent.Citi's Progress Awards Winner Citi e for education Drives More Impacttag:blog.citigroup.com,2015-01-09:/36522019-11-08T13:00:02Z2019-11-08T13:00:02ZEach year, Citi holds the Progress Awards – an internal, CEO-sponsored colleague challenge to recognize innovative, collaborative and extraordinary projects that drive progress for our firm and society. Engaging over 200,000 colleagues, the program gives Citi employees a global stage to share their work, and rewards projects that have the potential to scale and have lasting impact. The 2018 Progress Awards Winner, Citi e for education, is doing just that.https://blog.citigroup.com/2019/11/citis-progress-awards-winner-citi-e-for-education-drives-more-impactEach year, Citi holds the Progress Awards – an internal, CEO-sponsored colleague challenge to recognize innovative, collaborative and extraordinary projects that drive progress for our firm and society. Engaging over 200,000 colleagues, the program gives Citi employees a global stage to share their work, and rewards projects that have the potential to scale and have lasting impact. The 2018 Progress Awards Winner, Citi e for education, is doing just that.Powering Young People in Londontag:blog.citigroup.com,2015-01-09:/36512019-11-05T15:00:00-04:002019-11-05T15:00:00-04:00In partnership with the London Community Foundation, the Citi Foundation recently launched the London Impact Awards, a new initiative that acknowledges and supports organisations and people making a real difference to London lives. This year, the theme of the awards is "Powering Youth," focusing on the steps taken, often by young people themselves, to support those affected by youth violence.Rachael Barberhttps://blog.citigroup.com/2019/11/powering-young-people-in-londonIn partnership with the London Community Foundation, the Citi Foundation recently launched the London Impact Awards, a new initiative that acknowledges and supports organisations and people making a real difference to London lives. This year, the theme of the awards is "Powering Youth," focusing on the steps taken, often by young people themselves, to support those affected by youth violence.Coming Together to Honor All Who Have Servedtag:blog.citigroup.com,2015-01-09:/36502019-11-04T12:00:00-04:002019-11-04T12:00:00-04:00November is a special month for us as Co-Leads of Citi Salutes, our company's affinity group committed to supporting military veterans and their families within our firm and in the communities we serve. On the 11th, we celebrate Veterans Day in the United States, recognizing those who have bravely served in the U.S. Armed Forces, and observe Remembrance Day in the United Kingdom, commemorating those who have made the ultimate sacrifice for their country. Veterans Month provides an opportunity to come together to honor and express gratitude for all who have served.Ed Skyler and John Tienhttps://blog.citigroup.com/2019/11/coming-together-to-honor-all-who-have-servedNovember is a special month for us as Co-Leads of Citi Salutes, our company's affinity group committed to supporting military veterans and their families within our firm and in the communities we serve. On the 11th, we celebrate Veterans Day in the United States, recognizing those who have bravely served in the U.S. Armed Forces, and observe Remembrance Day in the United Kingdom, commemorating those who have made the ultimate sacrifice for their country. Veterans Month provides an opportunity to come together to honor and express gratitude for all who have served.Reflections on the 2019 Grace Hopper Celebrationtag:blog.citigroup.com,2015-01-09:/36492019-10-17T12:00:00-04:002019-10-17T12:00:00-04:00This month, with 100 colleagues, I attended the 2019 Grace Hopper Celebration (GHC) in Orlando, Florida. The annual event, produced by AnitaB.org, brings together organizations of all sizes across industries to celebrate women in technology.Lisa Cochranhttps://blog.citigroup.com/2019/10/reflections-on-the-2019-grace-hopper-celebrationThis month, with 100 colleagues, I attended the 2019 Grace Hopper Celebration (GHC) in Orlando, Florida. The annual event, produced by AnitaB.org, brings together organizations of all sizes across industries to celebrate women in technology.Celebrating Disability Inclusion at Citi tag:blog.citigroup.com,2015-01-09:/36482019-10-01T12:30:00-04:002019-10-01T12:30:00-04:00At Citi, disability inclusion means changing perceptions of people with disabilities. This requires action, not just words, and developing solutions that work for everyone. Today, with the beginning of National Disability Employment Awareness Month in the U.S., we are excited to announce the launch of a campaign to highlight and, more importantly, advance disability inclusion efforts across Citi.Mark Carawan and Jennifer Lowneyhttps://blog.citigroup.com/2019/10/celebrating-disability-inclusion-at-citiAt Citi, disability inclusion means changing perceptions of people with disabilities. This requires action, not just words, and developing solutions that work for everyone. Today, with the beginning of National Disability Employment Awareness Month in the U.S., we are excited to announce the launch of a campaign to highlight and, more importantly, advance disability inclusion efforts across Citi.Small Business, Big Dreamstag:blog.citigroup.com,2015-01-09:/36472019-09-26T03:00:00-04:002019-09-26T03:00:00-04:00If you have noticed that one of your local "mom and pop" stores has disappeared recently, you're not alone: in many areas, retail rents are rising, driving small businesses out of the communities they serve. Gentrification and competition from large chains exacerbate this challenge, displacing neighborhood businesses and making it more difficult for new entrepreneurs to find affordable retail spaces.Seema Agnani and Natalie Abatemarcohttps://blog.citigroup.com/2019/09/small-business-big-dreamsIf you have noticed that one of your local "mom and pop" stores has disappeared recently, you're not alone: in many areas, retail rents are rising, driving small businesses out of the communities they serve. Gentrification and competition from large chains exacerbate this challenge, displacing neighborhood businesses and making it more difficult for new entrepreneurs to find affordable retail spaces.Citi Leaders Named to American Banker's 2019 "Most Powerful Women" Liststag:blog.citigroup.com,2015-01-09:/36462019-09-23T04:00:00-04:002019-09-23T04:00:00-04:00I'm proud to share that six senior Citi leaders have been recognized among this year's American Banker "Most Powerful Women" rankings. In addition, we can also take pride in former Citibank CEO and current Citi Director Barbara Desoer's selection as this year's recipient of the prestigious "Lifetime Achievement" award. And our firm's efforts to drive and highlight gender equality resulted in our recognition as fielding one of the "Top Teams" of women in our industry.Mike Corbathttps://blog.citigroup.com/2019/09/citi-leaders-named-to-american-bankers-2019-most-powerful-women-listsI'm proud to share that six senior Citi leaders have been recognized among this year's American Banker "Most Powerful Women" rankings. In addition, we can also take pride in former Citibank CEO and current Citi Director Barbara Desoer's selection as this year's recipient of the prestigious "Lifetime Achievement" award. And our firm's efforts to drive and highlight gender equality resulted in our recognition as fielding one of the "Top Teams" of women in our industry.Back to School: 11,000 Kids Start Saving For Collegetag:blog.citigroup.com,2015-01-09:/36452019-09-19T03:00:00-04:002019-09-19T03:00:00-04:00At Citi, our goal is always to improve the financial lives of our clients and customers. In San Francisco, some of our most enthusiastic new Retail Bank customers are 5 year olds. This September, roughly 11,000 public school students - including 5,000 kindergarteners - kicked off the new school year equipped with a powerful new tool for achieving future success: saving for their education. Jose Cisneros, Lisa Deloney, and Bob Annibalehttps://blog.citigroup.com/2019/09/back-to-school-1000-kids-start-saving-for-collegeAt Citi, our goal is always to improve the financial lives of our clients and customers. In San Francisco, some of our most enthusiastic new Retail Bank customers are 5 year olds. This September, roughly 11,000 public school students - including 5,000 kindergarteners - kicked off the new school year equipped with a powerful new tool for achieving future success: saving for their education.Citi Publishes Green Bond Reporttag:blog.citigroup.com,2015-01-09:/36442019-09-16T10:00:00-04:002019-09-16T10:00:00-04:00As a co-founder of the ICMA Green Bond Principles in 2014, Citi has been a leader in the development of the green bond market. Over the five years since the Principles' publication, total issuance rose from approximately $36 billion to over $137 billion so far in 2019. According to BloombergNEF, the first six months of 2019 was the largest half-year period yet for green, social and sustainability bond issuance. Ed Skylerhttps://blog.citigroup.com/2019/09/citi-publishes-green-bond-reportAs a co-founder of the ICMA Green Bond Principles in 2014, Citi has been a leader in the development of the green bond market. Over the five years since the Principles' publication, total issuance rose from approximately $36 billion to over $137 billion so far in 2019. According to BloombergNEF, the first six months of 2019 was the largest half-year period yet for green, social and sustainability bond issuance. Introducing the 41 Para Athletes of Team Cititag:blog.citigroup.com,2015-01-09:/36432019-09-10T11:00:00-04:002019-09-10T11:00:00-04:00Last December, Citi announced our global partnership with the International Paralympic Committee (IPC) and 18 National Paralympic Committees. Our shared goals include increasing awareness of the Paralympic Movement, advocating for change in global societies' perceptions around disability, and providing support for Para athletes.Ed Skylerhttps://blog.citigroup.com/2019/09/introducing-the-41-para-athletes-of-team-citiLast December, Citi announced our global partnership with the International Paralympic Committee (IPC) and 18 National Paralympic Committees. Our shared goals include increasing awareness of the Paralympic Movement, advocating for change in global societies' perceptions around disability, and providing support for Para athletes.Effecting Change in the Minority Banking Sectortag:blog.citigroup.com,2015-01-09:/36422019-09-09T01:00:00-04:002019-09-09T01:00:00-04:00At Citi, our commitment to ensuring supplier diversity in every market we work in leads us to establish close working relationships with a diverse set of suppliers that mirrors our client and employee population. We see this commitment as a business imperative that leads to increased efficiency and innovation, and has a positive impact on our communities. While we adhere to established industry standards to identify diverse suppliers, at times our work gives us additional opportunities to widen the access to key sectors of the financial services industry for women-owned and minority suppliers. A great example is our work with the U.S. Department of the Treasury's Financial Agent Mentor-Protégé Program, which is helping to establish a new industry standard that could pave the way for more firms in the minority-owned banking sector to perform important financial services for Treasury.Harold Butlerhttps://blog.citigroup.com/2019/09/effecting-change-in-the-minority-banking-sectorAt Citi, our commitment to ensuring supplier diversity in every market we work in leads us to establish close working relationships with a diverse set of suppliers that mirrors our client and employee population. We see this commitment as a business imperative that leads to increased efficiency and innovation, and has a positive impact on our communities. While we adhere to established industry standards to identify diverse suppliers, at times our work gives us additional opportunities to widen the access to key sectors of the financial services industry for women-owned and minority suppliers. A great example is our work with the U.S. Department of the Treasury's Financial Agent Mentor-Protégé Program, which is helping to establish a new industry standard that could pave the way for more firms in the minority-owned banking sector to perform important financial services for Treasury.Inclusive Finance in India: Citi Partnering with CreditAccess Grameen to Finance 75,000 Women Entrepreneurstag:blog.citigroup.com,2015-01-09:/36412019-09-05T03:00:00-04:002019-09-05T03:00:00-04:00Roughly 1.7 billion adults globally do not have an account with a financial institution, nearly half of whom live in just seven countries. Of these, the second largest group of "unbanked" people are in India, according to the World Bank, where 190 million people are operating primarily in cash and are excluded from the financial mainstream and vital pathways to increase their financial opportunity. Women in India make up 60 percent - 114 million - of India's unbanked population. This number is more than the total population of the United Kingdom and Spain combined.Raj Chakraborty and Karthik R Shttps://blog.citigroup.com/2019/09/inclusive-finance-in-india-citi-partnering-with-creditaccess-grameen-to-finance-75000-women-entrepreneursRoughly 1.7 billion adults globally do not have an account with a financial institution, nearly half of whom live in just seven countries. Of these, the second largest group of "unbanked" people are in India, according to the World Bank, where 190 million people are operating primarily in cash and are excluded from the financial mainstream and vital pathways to increase their financial opportunity. Women in India make up 60 percent - 114 million - of India's unbanked population. This number is more than the total population of the United Kingdom and Spain combined.How Partnerships Can End Veteran Homelessnesstag:blog.citigroup.com,2015-01-09:/36402019-08-21T02:00:00-04:002019-08-21T02:00:00-04:00Through the Bring Them HOMES initiative, led by LISC (Local Initiative Support Corporation) and its investment affiliate NEF (National Equity Fund) and supported by Citi Community Development, Skid Row Housing Trust has been able to help finance, facilitate, advocate for, and implement a range of affordable housing options for veterans.Lee Raagashttps://blog.citigroup.com/2019/08/how-partnerships-can-end-veteran-homelessnessThrough the Bring Them HOMES initiative, led by LISC (Local Initiative Support Corporation) and its investment affiliate NEF (National Equity Fund) and supported by Citi Community Development, Skid Row Housing Trust has been able to help finance, facilitate, advocate for, and implement a range of affordable housing options for veterans.Adventures in Open Bankingtag:blog.citigroup.com,2015-01-09:/36392019-08-19T12:00:00-04:002019-08-19T12:00:00-04:00Today's consumer is more connected and digital-first than ever before. New technology, real-time updates, and push notifications have created an always-on culture of connectivity, which has raised customer expectations to new levels. Now, customers not just expect but demand personalized and convenient solutions. These changes have led to new technology standards and increased competition. Tara Welkleyhttps://blog.citigroup.com/2019/08/adventures-in-open-bankingToday's consumer is more connected and digital-first than ever before. New technology, real-time updates, and push notifications have created an always-on culture of connectivity, which has raised customer expectations to new levels. Now, customers not just expect but demand personalized and convenient solutions. These changes have led to new technology standards and increased competition.Making Meaningful Impact Globally With Local Effortstag:blog.citigroup.com,2015-01-09:/36382019-07-30T10:00:00-04:002019-07-30T10:00:00-04:00This year's Global Community Day reminded us of the many reasons why our annual day of service has become such a cherished tradition at our company. In over 400 cities across 90 countries and territories, 120,000 Citi volunteers - colleagues, community partners, family and friends - participated in a wide range of service opportunities that made a real positive impact in their communities.Ed Skylerhttps://blog.citigroup.com/2019/07/making-meaningful-impact-globally-with-local-effortsThis year's Global Community Day reminded us of the many reasons why our annual day of service has become such a cherished tradition at our company. In over 400 cities across 90 countries and territories, 120,000 Citi volunteers - colleagues, community partners, family and friends - participated in a wide range of service opportunities that made a real positive impact in their communities.For Women, By Women: Closing the Gender Gap in Entrepreneurshiptag:blog.citigroup.com,2015-01-09:/36372019-07-18T14:00:00-04:002019-07-18T14:00:00-04:00There are almost 360,000 women entrepreneurs in New York City, and women contribute approximately $50 billion annually in revenue to the city's economy. However, according to research supported by Citi Community Development, men own 1.5 times the number of businesses, have 3.5 times the number of employees, and generate 4.5 times the amount of revenue.Rachel Van Tosh and Colleen Galvinhttps://blog.citigroup.com/2019/07/for-women-by-women-closing-the-gender-gap-in-entrepreneurshipThere are almost 360,000 women entrepreneurs in New York City, and women contribute approximately $50 billion annually in revenue to the city's economy. However, according to research supported by Citi Community Development, men own 1.5 times the number of businesses, have 3.5 times the number of employees, and generate 4.5 times the amount of revenue.Community Progress Maker, Mary's Center, Named Top Workplace in D.Ctag:blog.citigroup.com,2015-01-09:/36362019-07-18T12:00:00-04:002019-07-18T12:00:00-04:00Mary's Center was recently selected among other large private, public, nonprofit and government agencies in the DC Metro Area as a Top Workplace by the Washington Post. Since being named a Top Workplace, Mary's Center has been reflecting on what the recognition means and how they were able to achieve the honor. One game-changing resource that enabled Mary's Center to be bold, take risks and think outside the box was winning the Community Progress Makers award from Citi Foundation, which has helped expand its impact and improve the employee experience for its 75+ Medical Assistants.Maria S. Gomez and Kristen Scheyderhttps://blog.citigroup.com/2019/07/community-progress-maker-marys-center-named-top-workplace-in-dcMary's Center was recently selected among other large private, public, nonprofit and government agencies in the DC Metro Area as a Top Workplace by the Washington Post. Since being named a Top Workplace, Mary's Center has been reflecting on what the recognition means and how they were able to achieve the honor. One game-changing resource that enabled Mary's Center to be bold, take risks and think outside the box was winning the Community Progress Makers award from Citi Foundation, which has helped expand its impact and improve the employee experience for its 75+ Medical Assistants.>Citi Receives Multiple Awards at the Euromoney Awards for Excellence 2019tag:blog.citigroup.com,2015-01-09:/36352019-07-11T15:30:00-04:002019-07-11T15:30:00-04:00Citi was named World's Best Bank for Corporates and World's Best Bank for Transaction Services by Euromoney, the preeminent global financial markets magazine, at its annual Awards for Excellence dinner in London on July 10.https://blog.citigroup.com/2019/07/citi-receives-multiple-awards-at-the-euromoney-awards-for-excellence-2019Citi was named World's Best Bank for Corporates and World's Best Bank for Transaction Services by Euromoney, the preeminent global financial markets magazine, at its annual Awards for Excellence dinner in London on July 10.Citi Signs Amicus Brief Supporting Workplace Protections for the LGBT+ Communitytag:blog.citigroup.com,2015-01-09:/36342019-07-02T10:30:00-04:002019-07-02T10:30:00-04:00Today, Citi joins a group of leading U.S. employers, LGBT+ and civil rights organizations in signing an amicus brief to the U.S. Supreme Court encouraging the Court to consider workplace protections for LGBT+ individuals as covered under Title VII of the Civil Rights Act of 1964.Paco Ybarra and Bob Annibalehttps://blog.citigroup.com/2019/07/citi-signs-amicus-brief-supporting-workplace-protections-for-the-lgbt-communityToday, Citi joins a group of leading U.S. employers, LGBT+ and civil rights organizations in signing an amicus brief to the U.S. Supreme Court encouraging the Court to consider workplace protections for LGBT+ individuals as covered under Title VII of the Civil Rights Act of 1964.Ensuring LGBT+ Youth Have a Real Home in Americatag:blog.citigroup.com,2015-01-09:/36332019-06-27T11:23:56-04:002019-06-27T11:30:00-04:00A half-century after the Stonewall riots in the Greenwich Village section of Manhattan in 1969, significant progress has been made for lesbian, gay, bisexual, transgender, queer, and questioning (LGBT+) rights in the U.S. Yet, progress still awaits some of theBob Annibalehttps://blog.citigroup.com/2019/06/ensuring-lgbt-youth-have-a-real-home-in-americaA half-century after the Stonewall riots in the Greenwich Village section of Manhattan in 1969, significant progress has been made for lesbian, gay, bisexual, transgender, queer, and questioning (LGBT+) rights in the U.S. Yet, progress still awaits some of the most vulnerable members of the LGBT+ community.4.2 million youth experience homelessness in America each year - a higher number than the population of 22 states in the U.S. Up to 40% of these individuals are LGBT+. Moreover, LGBT+ youth are 120% more likely to experience homelessness than their non-LGBT+ peers.Why is this happening? Family conflict and rejection continues to beBanks Launch Green Charter to Help Shipping Reduce Its Carbon Footprinttag:blog.citigroup.com,2015-01-09:/36142019-06-18T17:01:33-04:002019-06-18T17:15:00-04:00Around 90% of global trade by volume is carried by ships - making the maritime industry a vital player in economic growth, but at a cost. If it were a country, shipping would equal Germany for greenhouse gas (GHG) emissions.TheMichael Parkerhttps://blog.citigroup.com/2019/06/banks-launch-green-charter-to-help-shipping-reduce-its-carbon-footprintAround 90% of global trade by volume is carried by ships - making the maritime industry a vital player in economic growth, but at a cost. If it were a country, shipping would equal Germany for greenhouse gas (GHG) emissions.The Intergovernmental Panel on Climate Change says limiting global warming to 1.5°C "would require rapid, far-reaching and unprecedented changes in all aspects of society" and a failure to do so "would include a dramatic rise in sea levels, extreme weather and damage to the ecosystem which together could be irreversible if emissions are allowed to grow in an uncontrolled and unaccountableUSMCA Ratification Takes Key Steptag:blog.citigroup.com,2015-01-09:/36132019-06-18T00:00:00-04:002019-06-19T16:00:00-04:00Today's ratification of the USMCA by Mexico's Senate is another meaningful step in modernizing this critical trade agreement. Our experience serving clients in the region has demonstrated how important North American integration is. We applaud the Mexican government for advancingJane Fraserhttps://blog.citigroup.com/2019/06/usmca-ratification-takes-key-stepToday's ratification of the USMCA by Mexico's Senate is another meaningful step in modernizing this critical trade agreement. Our experience serving clients in the region has demonstrated how important North American integration is. We applaud the Mexican government for advancing the process and we encourage the legislatures in the U.S. and Canada to finish the ratification.Click here for more on Citi's support for USMCA.Celebrating 100 Years in Canadatag:blog.citigroup.com,2015-01-09:/35942019-06-12T12:37:38-04:002019-06-12T15:45:00-04:00In 2019, Citi is celebrating 100 years in Canada, a remarkable milestone by any measure. In 1919 the National City Bank asked Norman C. Mather, a Canadian bond trader who had just returned from the Great War, to open anJohn Hastingshttps://blog.citigroup.com/2019/06/celebrating-100-years-in-canadaIn 2019, Citi is celebrating 100 years in Canada, a remarkable milestone by any measure. In 1919 the National City Bank asked Norman C. Mather, a Canadian bond trader who had just returned from the Great War, to open an office servicing the needs of Canadian investors in Montreal and Toronto. Mather sought to fill the ranks of his new subsidiary with colleagues who, like him, had recently returned from active duty overseas.Even in those early days, Citi touted the strength of its international network, which remains one of our distinguishing attributes today. The increasingly global company's reach into 55Celebrating 10 Years of our Citi Innovation Labstag:blog.citigroup.com,2015-01-09:/35932019-06-10T09:59:11-04:002019-06-10T10:15:00-04:00The promise of technology's capacity to re-define our clients' and customers' experiences and expectations has long been a catalyst for innovation at Citi. In 1975, the advent of ATMs prompted us to establish a research center to explore consumer behaviorGulru Atakhttps://blog.citigroup.com/2019/06/celebrating-10-years-of-our-citi-innovation-labsThe promise of technology's capacity to re-define our clients' and customers' experiences and expectations has long been a catalyst for innovation at Citi. In 1975, the advent of ATMs prompted us to establish a research center to explore consumer behavior and interactions with these new machines. Fast forward to 2009, and Citi's Treasury and Trade Solutions (TTS) opened the firm's first Innovation Lab in Dublin to help us better anticipate how advancing technology would impact our clients' expectations, business models and treasury operations. This year, the 10th Anniversary of the founding of our expanded Global Innovation Lab Network, is aThe Private Sector Must Take Action for LGBT+ Rightstag:blog.citigroup.com,2015-01-09:/35732019-05-28T00:00:00-04:002019-06-03T10:15:00-04:00Pride Month is an opportunity for all of us to reflect on the struggles, achievements and contributions of the LGBT+ community, and envision a path towards achieving full equality and inclusion. This year is the 50th anniversary of the StonewallJamie Forese and Bob Annibalehttps://blog.citigroup.com/2019/06/the-private-sector-must-take-action-for-lgbt-rightsPride Month is an opportunity for all of us to reflect on the struggles, achievements and contributions of the LGBT+ community, and envision a path towards achieving full equality and inclusion. This year is the 50th anniversary of the Stonewall Riots that occurred in New York City in June 1969, when the LGBT+ community responded to years of police harassment and demanded their civil rights be respected, setting off a movement that continues around the world today.While progress has been made in many countries, challenges to rights achieved and inclusion for the LGBT+ community have intensified in the U.S. andHonoring and Remembering our Fallen Service Memberstag:blog.citigroup.com,2015-01-09:/35532019-05-24T08:59:27-04:002019-05-24T09:15:00-04:00Every year at the beginning of summer, Memorial Day presents us with the solemn privilege to honor and remember the men and women of the U.S. Armed Forces who died while serving our country. Whether we visit our local cemeteriesEd Skylerhttps://blog.citigroup.com/2019/05/honoring-and-remembering-our-fallen-service-membersEvery year at the beginning of summer, Memorial Day presents us with the solemn privilege to honor and remember the men and women of the U.S. Armed Forces who died while serving our country. Whether we visit our local cemeteries or memorials, participate in community or family gatherings, or simply take a moment's pause from our busy lives, each of us chooses to observe this special day in our own way. At Citi this week, our New York-based colleagues have volunteered at events organized by the USO of Metropolitan New York, including writing and collecting letters of appreciation for activeGlobal Accessibility Awareness Day 2019tag:blog.citigroup.com,2015-01-09:/35332019-05-16T12:06:28-04:002019-05-16T13:30:00-04:00Global Accessibility Awareness Day (GAAD) is recognized annually on the third Thursday of May. For all of us, it's an opportunity to celebrate how technology is becoming more usable and accessible for people with disabilities. Thanks in part to GAAD,Mark Carawanhttps://blog.citigroup.com/2019/05/global-accessibility-awareness-day-2019Global Accessibility Awareness Day (GAAD) is recognized annually on the third Thursday of May. For all of us, it's an opportunity to celebrate how technology is becoming more usable and accessible for people with disabilities. Thanks in part to GAAD, now in its eighth year, awareness of the importance of digital accessibility is increasing, and the people and institutions that develop and influence technology are becoming more responsive to this need. Here in New York City, for example, the City Council and Mayor passed Local Law 26 in 2016 requiring "the adoption of a standard for the accessibility of cityWomen's World Banking Honors Citi for its Commitment to Global Financial Inclusiontag:blog.citigroup.com,2015-01-09:/35132019-05-07T00:00:00-04:002019-05-07T10:00:00-04:00Each year, millions of people across the globe open their first bank account. According to the World Bank, between 2011 and 2017, the percentage of people banked grew from 51% to 69% of adults. Nevertheless, one thing that has remainedMary Ellen Iskenderianhttps://blog.citigroup.com/2019/05/womens-world-banking-honors-citi-for-its-commitment-to-global-financial-inclusionEach year, millions of people across the globe open their first bank account. According to the World Bank, between 2011 and 2017, the percentage of people banked grew from 51% to 69% of adults. Nevertheless, one thing that has remained constant is the gender gap in account ownership. Women across the globe are less likely to have a bank account than their male counterparts: 72% and 65%, respectively, with a gap that has remained unchanged since 2011.At Women's World Banking, we design and invest in the financial solutions, institutions and policy environments in emerging markets to create greater economic stabilityWelcoming what's next at Cititag:blog.citigroup.com,2015-01-09:/34932019-04-26T08:45:03-04:002019-04-29T11:00:00-04:00At Citi, we are the sum of our people, our experiences, our clients and our communities. Over the coming weeks and months, you'll see all that vividly on display as you watch television, browse the web or spend time onCarla Hassanhttps://blog.citigroup.com/2019/04/welcoming-whats-next-at-citiAt Citi, we are the sum of our people, our experiences, our clients and our communities. Over the coming weeks and months, you'll see all that vividly on display as you watch television, browse the web or spend time on social media. I'm proud that our new commerical is a true showcase of who we are, the values we believe in and the impact we aim to achieve in our communities and on society. Whether it's our ongoing work building our own inclusive culture, supporting the efforts of our innovative and transformative clients, our commitment to sustainable cities through initiativesCiti Celebrates Earth Daytag:blog.citigroup.com,2015-01-09:/34732019-04-22T00:00:00-04:002019-04-22T10:00:00-04:00Today, April 22, is Earth Day. Since it was first launched in 1970, Earth Day has grown from a U.S.-centric day devoted to grassroots activism into a global event often cited as the "world's largest environmental movement." Today, this celebrationVal Smithhttps://blog.citigroup.com/2019/04/citi-celebrates-earth-dayToday, April 22, is Earth Day. Since it was first launched in 1970, Earth Day has grown from a U.S.-centric day devoted to grassroots activism into a global event often cited as the "world's largest environmental movement." Today, this celebration has become an annual effort focused on building awareness of pressing environmental and community issues. It also brings together millions of people around the world to engage in volunteerism, civic engagement, and action.At Citi, we take every Earth Day as an opportunity to bring employees together to work on projects that foster environmental leadership and collaboration. We have 21 GreenCiti's Volunteer Africa Program Returns to Kenyatag:blog.citigroup.com,2015-01-09:/34532019-04-08T14:00:31-04:002019-04-08T15:00:00-04:00This week, a team of 24 junior bankers from around the world will begin working with 16 entrepreneurs in Nakuru and Eldoret in Kenya as part of Citi's Volunteer Africa program, in partnership with Balloon Ventures, a U.K.-based social enterprisePaco Ybarrahttps://blog.citigroup.com/2019/04/citis-volunteer-africa-program-returns-to-kenyaThis week, a team of 24 junior bankers from around the world will begin working with 16 entrepreneurs in Nakuru and Eldoret in Kenya as part of Citi's Volunteer Africa program, in partnership with Balloon Ventures, a U.K.-based social enterprise and nonprofit with offices in Kenya, Uganda and Ghana. The Citi volunteers will bring their experience and skills to help local entrepreneurs grow their businesses, create jobs and build livelihoods in disadvantaged communities.This is the fourth year of Volunteer Africa, and we are excited to be returning to Kenya, where the program first started in 2016. Citi is proud toCitizenship at Cititag:blog.citigroup.com,2015-01-09:/34362019-04-05T00:00:00-04:002019-04-08T09:45:00-04:00At Citi, we take action to effect positive and meaningful change in our communities. Through our business and corporate citizenship efforts, we aim to be engaged community problem-solvers working to address some of society's greatest challenges, an imperative stated inCitihttps://blog.citigroup.com/2019/04/citizenship-at-citiAt Citi, we take action to effect positive and meaningful change in our communities. Through our business and corporate citizenship efforts, we aim to be engaged community problem-solvers working to address some of society's greatest challenges, an imperative stated in our mission and an idea that shapes our decisions every day. Click here to read more about the work underway at Citi to support our communities, by addressing the affordable housing crisis, fighting climate change, reducing youth employment, increasing diversity in finance, and enabling financial independence for women.Grameen America & Citi: Scaling Financial Resilience for Womentag:blog.citigroup.com,2015-01-09:/34352019-04-04T12:40:35-04:002019-04-04T14:00:00-04:00Image Courtesy of Grameen AmericaAcross the globe, millions of women are sidelined from the financial mainstream, leaving them financially vulnerable. Globally, less than two-thirds of women (58%) report having an account at a formal financial institution.According to Professor Muhammad Yunus,Andrea Junghttps://blog.citigroup.com/2019/04/grameen-america-amp-citi-scaling-financial-resilience-for-womenImage Courtesy of Grameen AmericaAcross the globe, millions of women are sidelined from the financial mainstream, leaving them financially vulnerable. Globally, less than two-thirds of women (58%) report having an account at a formal financial institution.According to Professor Muhammad Yunus, Chairman & Founder of Grameen Bank and recipient of the 2006 Nobel Peace Prize, "It is a legitimate right for people to have access to financial services. This is a sort of ‘economic oxygen' for people; without it, people cannot function. The moment you connect them, they become active and enterprising."While entrepreneurship is increasingly a pathway to financial growth forCiti Named to 2019 LinkedIn Top Companies Listtag:blog.citigroup.com,2015-01-09:/34342019-04-03T14:24:22-04:002019-04-03T14:30:00-04:00Today, Citi was named one of LinkedIn's Top 50 Companies in the U.S., and also included in the first-ever ranking of the Top 25 Companies in Mexico. LinkedIn's Top Companies List honors the most sought-after companies where professionals want toJuan Manuel Cerdahttps://blog.citigroup.com/2019/04/citi-named-to-2019-linkedin-top-companies-listToday, Citi was named one of LinkedIn's Top 50 Companies in the U.S., and also included in the first-ever ranking of the Top 25 Companies in Mexico. LinkedIn's Top Companies List honors the most sought-after companies where professionals want to work and stay, and celebrates the companies and people making an impact in the professional world. This is a reflection of the value we place on our people and creating an environment where our employees can bring their whole selves to work and where diverse ideas and perspectives are embraced. It also underscores the scope and diversity of opportunities we