Results tagged as "us"

  • Hello, Boston

    March 07, 2017 12:30 PM

    Carmen Monks, Managing Director, Citi Private Bank
    Jim Nolan, Managing Director, Institutional Clients Group - Securities and Fund Services
    Peter Smith, Director, Citi Commercial Bank

    The City Profiles series is dedicated to highlighting Citi’s history in some of our key markets around the world. We spoke to three Boston-based leaders to get their perspectives on Citi’s ongoing involvement with the city.

    What is your favorite milestone from Citi’s history in Boston, and how do we continue to enable progress in the city today?

    Jim: In 2000, we served as sole manager on an offering of taxable project revenue bonds and developed a preliminary financing plan for Gillette Stadium, home of the New England Patriots.

    As a result, we like to think Citi played a role in laying the foundation for some great accomplishments by the Patriots – five National Football League Super Bowl championships, including our most recent victory against the Atlanta Falcons! Similar to the strong performance of the New England Patriots over the years, Citi is committed to excellence and continues to build momentum in our effort to provide a range of banking and investment services to institutional investment managers and corporate clients in Boston.

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  • Citi’s Letter to Investors Regarding the Dakota Access Pipeline

    March 07, 2017 10:15 AM

    The following was sent in response to a letter from investors regarding the Dakota Access Pipeline.

    We appreciate the opportunity to engage with our investors on important issues such as this one. We would like to provide you with some background on our due diligence practices, engagement activities, and how we have sought to use our leverage in this difficult situation.

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  • How Technology is Empowering Students in Chicago to Build Bright Financial Futures

    By George Wright, Midwest Region Director, Citi Community Development February 06, 2017 12:00 PM

    Research shows that one of the primary reasons students do not enroll or fail to complete college, even after they have already been accepted, is an inability to manage the newfound financial stresses associated with higher education.

    College tuition has eclipsed median incomes, rising even as salaries have remained stagnant. But the value of a college degree remains significant, as college-educated workers earn 70% more than non-college-educated peers.

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  • EITC Awareness Day: Tax Services for New Yorkers

    By Lorelei Salas, Commissioner, New York City Department of Consumer Affairs (DCA) and Eileen Auld, Tri State Market Director, Citi Community Development January 27, 2017 04:00 PM

    Tax season is a stressful time for many. However, for low-income workers, the cost of tax preparation is often greater than they should bear – and many leave thousands of dollars in tax refunds they have earned on the table.

    Every year, households in New York City spend on average about $150 to $250 on tax preparation. They pay for these services primarily for the peace of mind that they offer that they are filing correctly and taking advantage of all available credits. But low-income households on average pay up to twice as much for the same service, despite the fact that there are many free high-quality options available.

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  • Citi Joins NYC Mayor’s Carbon Challenge
    to Reduce Greenhouse Gases at
    Global Headquarters

    By Don Callahan, Head of Operations and Technology, Citi January 25, 2017 02:45 PM

    Work is well underway in transforming Citi’s Global Headquarters located at 388 Greenwich Street into a modern, world-class facility that supports Citi’s businesses and functions, enabling employees to connect and work more closely together, and to better serve our clients and customers. We recognize that it’s not enough to talk about the importance of sustainability, but to make it a priority in all that we do.

    And that’s why today we’re joining the NYC Mayor’s Carbon Challenge, a citywide leadership initiative to reduce greenhouse gas emissions in many of the largest commercial buildings in the city by 30% in 10 years. Citi and other New York-based commercial owners and tenants joining the challenge represent more than 58 million square feet of real estate, contributing to a total of 322 million square feet of real estate, a sizeable footprint across our city.

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  • Citi's Letter to BankTrack on Dakota Access Pipeline

    December 23, 2016 10:00 AM

    Citi shared the following letter with BankTrack in response to their query regarding the Dakota Access Pipeline.

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  • Citi Announces Industry-Leading Partnership with PayPal

    By Ralph Andretta, Head of U.S. Branded Cards, Citi December 15, 2016 08:00 AM

    Over the past year, Citi has generated tremendous mobile momentum — delivering next-gen solutions to make banking easier, faster, more convenient and more powerful for our customers. All in the palm of their hand.

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  • A Two-Decade Partnership to Strengthen the Wyandotte County / Kansas City, Kansas Community

    By Bill Corrado, Director, Public Finance, Municipal Securities Division at Citi December 05, 2016 11:15 AM

    Citi’s success lies in its ability to not only deliver for our customers and clients, but also to serve as a trusted partner, investing in long-term, mutually-beneficial relationships. One example is our relationship with the Unified Government of Wyandotte County / Kansas City, Kansas. Spanning almost two decades, the relationship began in the late 1990s with the successful development of the Kansas Speedway and now includes the development of the Village West shopping area, a professional soccer stadium, and, most recently, a professional soccer training and development center.

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  • Citi's Statement on the Dakota Access Pipeline Project

    November 30, 2016 09:15 PM

    Citi has been closely monitoring developments related to the Dakota Access Pipeline (DAPL), and we continue to be concerned about the situation. Throughout this process, and consistent with our commitment to sustainability and respect for human rights, we have remained engaged with Energy Transfer Partners and Sunoco Logistics to discuss our concerns and advocate for constructive dialogue with the Standing Rock Sioux Tribe in an effort to come to a resolution.

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  • Where FinTech Goes Next

    By Vanessa Colella, Managing Director, Global Head of Venture Investing & Strategic Growth Initiatives November 30, 2016 01:00 PM

    “What will the next breakout fintech company be?”

    That was a central topic of discussion and debate among the panelists I served with at last month’s Money20/20 conference in Las Vegas, Nevada where thousands of participants convened to exchange views and gain insights into the future of financial services innovation. As Citi’s Global Head of Venture Investing & Strategic Growth Initiatives, I shared my view that the next big fintech company will likely engage many consumers but may never be recognized as a household name, because it will operate largely behind the scenes, creating seamless, reliable experiences for customers.

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