Citi 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, and privately held businesses in more than 160 countries and jurisdictions. With a history that dates to 1812, parent Citigroup Inc. was rebranded as simply
“Citi” in 2007. Prior to its rebranding, Citi was revered as the world’s largest banking and financial services group. However, 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 also received $45 billion in assistance from the U.S. government (which Citi has since paid back with interest). Since that time, Citi has completed more than 60 asset divestitures and today is one of the better capitalized global banks in the world. Citi employs approximately 257,000 people and is led by its CEO, Michael Corbat, a 30-year veteran of the firm who, before taking over for Vikram Pandit in 2012, had been serving as CEO of Citi’s Europe, Middle East, and Africa operations.
50/F Citibank Tower
Citibank Plaza, 3 Garden Road
Central, Hong Kong
Employer Type: Business Segment
Co-President, Citi & CEO, Institutional Clients Group: James Foresee
2013 Employees (All Locations): 257,000