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A Year of Progress

A Year of Progress

  • Debuted a refreshed strategy

    for improving returns at Citi’s Investor Day

  • Served as one of the lead advisors

    on Porsche’s IPO and as financial advisor on Amgen’s proposed acquisition of Horizon Therapeutics

  • Built out digital capabilities

    in our market-leading Treasury and Trade Solutions business and launched a 24/7 payments clearing service

  • Onboarded $1.2 trillion of new assets

    under custody and administration in Securities Services

  • Simplified our operating model 

    by closing the sale of five consumer businesses and announced plans to end nearly all operations in Russia

  • Strengthened connections

    between businesses resulting in more than 60,000 client referrals from the U.S. Personal Bank to Citi Global Wealth

  • Celebrated 35 years

    of the American Airlines co-branded credit card, a leading airline rewards credit card

  • Hired exceptional talent 

    in Banking, Capital Markets and Advisory to strengthen coverage of growth sectors such as healthcare, clean energy and technology

  • Expanded the Private Bank

    to France and Germany, opened the first Citi Global Wealth Center in Hong Kong and established a Citi Global Wealth at Work presence in Luxembourg

  • Grew Citi Commercial Bank 

    by expanding into Canada, Germany and Switzerland and hiring talent to execute on our client-centric coverage model

  • Enhanced risk and controls by improving

    stress test capabilities and our approval process for new products

  • Implemented new performance management framework

    to drive excellence and accountability across the firm

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KEEP EXPLORING THE 2022 ANNUAL REPORT
Letter to shareholders

Letter to shareholders

Confronting society’s toughest challenges

Confronting society’s toughest challenges

2022 Annual Report

Learn about the principles guiding our strategic refresh and read CEO Jane Fraser's letter to shareholders.

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