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Spain
History Citi has had a presence in Spain since 1919 and was one of the first foreign banks to establish an office here. In 1983, Citi acquired Banco de Levante. Salomon Brothers opened its first office in Madrid in 1988, and Schroders established its Spanish headquarters in Madrid in 1990. In 1997, Smith Barney merged with Salomon Inc. to form Salomon Smith Barney. Citi merged Salomon Smith Barney with Schroders Plc in 2000, creating a leading pan-European investment bank. In the same year, Primerica opened Citisoluciones in Madrid. Businesses With more than 3,400 employees and 110 locations, including branches throughout Spain, we have always had a firm commitment to this country and proudly serve our local communities every day. We are a preferred financial partner for Spanish and global institutions and, among Spanish consumers, we are an innovative leader offering exceptional products and services via our Global Consumer Group. Global Consumer Group In our growing consumer business, we have dedicated employees servicing our more than 160,000 clients. Through Citibank and CitiFinancial, we provide our valued customers with banking services including loans, credit cards (more than one million issued) and wealth management products. All services are available 24 hours a day, seven days a week, through different distribution channels, combining sound financial advice with attractive products and services. Citisoluciones (Primerica) offers solutions to help families effectively manage their household finances and save for the future. We serve more than 33,000 people through more than 16,000 licensed representatives and 125 distribution offices. Markets & Banking Our Markets & Banking business has amongst the highest qualified professionals serving the most important Spanish corporations as well as foreign multinationals in Spain. We offer a wide range of products and services in corporate finance; cash, trade and treasury services; debt and equity capital markets; mergers and acquisitions; securities services; investments; and financial planning. Global Wealth Management Our team of professionals deliver private banking and wealth management services to high net worth individuals and families. In 1999, the company opened the Barcelona Sales and Service Centre (BSSC). The BSSC provides operational support as well as sales services, to many of Citi's businesses, not only from Spain but also from 17 other European countries in 15 different languages. Further Information To visit the Citi Spain website, click: http://www.citibank.es To visit the CitiFinancial Spain website, click: http://www.citifinancial.es To visit the Citisoluciones (Primerica) Spain website, click: http://www.citisoluciones.net |
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