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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


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


Onboarded $1.2 trillion of new assets under custody and administration in Securities Services

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

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


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


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

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


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

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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