Citi Institutional Clients Group

Citi Institutional Clients Group Company Profile

THE SCOOP

Big Citi

Citi's Institutional Clients Group, the investment banking arm of global financial services company Citigroup Inc., offers a full range of strategic advisory and financing products, services, and solutions to multinational and local corporations, financial institutions, governments, privately held businesses, and many of the world's most influential individuals and families. With a history dating back to 1812, parent Citigroup Inc. (since rebranded "Citi") had been revered as the world's largest banking and financial services group. But the financial storm of 2008 and 2009 was not kind to this global giant, which saw a decrease in market value and severe reduction in headcount. It received $45 billion in assistance from the U.S. government, which it has since repaid, providing the U.S. government with a $13 billion return on its investment. Since that time, Citi has bolstered its capital ratios and is now one of the better capitalized banks in the world. It has completed more than 60 divestitures of non-core businesses and today employs approximately 244,000 people. It is led by Michael Corbat, a 30-plus-year veteran of the firm, who prior to becoming CEO in 2012 was chief executive of Citi's Europe, Middle East, and Africa operations. For the first half of 2014, Citi ranked No. 2 in U.S. debt and equity underwriting, No. 3 in global debt and equity underwriting, and No. 4 in worldwide announced M&A deals. 



Citi Institutional Clients Group


388 Greenwich Street
38th Floor
New York, NY 10013
icg.citi.com

STATS


  • Employer Type: Business Segment
  • Co-President, Citi & CEO, Institutional Clients Group: James Foresee
  • 2014 Employees: 244,000

Major Office Locations

  • Toronto, Canada
  • Los Angeles, CA
  • San Francisco, CA
  • Palo Alto, CA
  • Atlanta, GA
  • Chicago, IL
  • Boston, MA
  • New York, NY
  • Dallas, TX
  • Houston, TX
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