By Michael Dellatte, Global Public Affairs
March 16, 2017Posted InCiti
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Citi’s 2016 Annual Report which highlights our achievements and initiatives from the year is now available.
Citigroup’s latest annual report discussing financial results and key events from the year is now out. It explains how our organization acted in our clients' interests, created economic value, and ensured our actions were systemically responsible. As well as a financial summary, the report includes a letter to shareholders, highlights from Global Consumer Banking and Institutional Clients Group, as well as a round-up of our positive financial and social impact initiatives around citizenship. CEO Mike Corbat comments that Citi "goes to ... extraordinary lengths to fulfill our Mission and Value Proposition of responsibly providing financial services that enable growth and economic progress."
The Private Bank is discussed within the ICG section of the report, highlighting its 800 Private Bankers and product specialists, located in 48 offices across 16 countries, who act as trusted advisors to many of the world's most successful and influential individuals and families. The Private Bank creates customized wealth management strategies for clients such as entrepreneurs and business owners, single- and multi-family offices, senior corporate executives, next-generation inheritors, law firms and attorneys to grow, manage and preserve wealth in a thoughtful and holistic way.
A key differentiator for Citi Private Bank is the Global Client Program, which facilitates clients' growing global appetite for financial assets by leveraging our offices and capabilities worldwide. The program ensures that the client is served by a Private Banker and specialists in each region in a coordinated manner. This translates into tailored advice, competitive pricing and timely execution for their capital markets’ needs.