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Citi’s roots in Canada date back to 1919. Currently, the company employs approximately 2,000 people, with offices in Vancouver, Calgary, Montreal, Toronto and Mississauga. Citi is one of the most global financial services organizations in Canada, with access to Citi’s far-reaching network in 160 countries and jurisdictions.
Citi’s key strategic focus in Canada is to continue to enable progress and help our clients succeed through these major lines of business: Banking, Capital Markets and Advisory; Citi Markets and Securities Services; Citi Private Bank; Citi Treasury and Trade Solutions; and Citi Cards Canada. Canada is also home to the Citi Solutions Centre in Toronto, a large technology development site that serves Citi businesses and clients globally.
Banking, Capital Markets and Advisory
Citi's Banking, Capital Markets and Advisory division provides comprehensive relationship coverage and a full suite of products and services in an effort to be the best possible financial partner to its institutional clients.
Citi leverages the breadth of its unmatched global network to meet clients' debt capital raising needs and to provide merger and acquisition and equity-related strategic financing solutions. From inaugural issuances and exchanges to cross-border transactions and first-of-their-kind landmark structures, our track record of successfully executing transactions in both buoyant and challenging market conditions is a testament to Citi's unwavering commitment to provide the highest quality service to clients. By serving these companies, we help them grow, creating jobs and economic value at home and in communities worldwide.
Citi Markets and Securities Services
Citi Markets and Securities Services provides world-class financial products and services as diverse as the needs of the thousands of corporations, institutions, governments and investors we serve. With trading floors in more than 80 countries, we work to enrich the relationships, products and technology that define our market-making presence. The breadth, depth and strength of our sales and trading, distribution, and research capabilities span a broad range of asset classes, currencies, sectors and products – including equities, commodities, credit, futures, foreign exchange (FX), emerging markets, G10 rates, municipals, prime finance and securitized markets.
Direct Custody is a key component of Securities Services. It not only supports clearing and settlement activities of intermediaries such as banks, brokers and other institutional investors, but also uses this forum to provide input on securities legislation and work with regulators to participate in initiatives taken to improve the securities settlement environment. In this and all of our market advocacy efforts, our goals are to reduce market risk and improve market transparency and efficiency — to the ultimate benefit of all Citi clients.
Citi Private Bank
Citi operates one of the world’s foremost private banks, whose teamwork, commitment to service, and ability to see and seize opportunities for our clients set us apart. Our comprehensive services are tailored to individuals and families, including entrepreneurs and business owners, single- and multi-family offices, senior corporate executives, and next-generation/inherited wealth. From banking and cash management to lending, investment strategies, and trust and wealth advisory services, we are here to support our clients with a comprehensive range of services. Our goal is to deliver expertise and a premier level of service while helping grow, manage and preserve wealth. As we partner with our clients, we can provide global thinking informed by deep local insight and the complete financial management strategies that today’s wealth requires.
Citi Treasury and Trade Solutions
Citi’s Treasury and Trade Solutions (TTS) business provides integrated cash management and trade finance services to multinational corporations, financial institutions and public sector organizations across the globe. With the industry’s most comprehensive suite of digital and mobile-enabled platforms, tools and analytics, TTS leads the way in delivering innovative and tailored solutions to our clients. Offerings include cash management, payments, receivables, liquidity management and investment services, working capital solutions, commercial card programs, and trade finance.
Citi Cards Canada
Citi Cards Canada is one of the country’s premier providers of private label credit and charge cards for retail organizations. Citi Cards Canada is part of Citi Retail Services, one of North America’s largest providers of consumer and commercial credit card products, services and retail solutions.
Citi Solutions Centre Toronto
The Citi Solutions Centre (CSC) Toronto delivers worldwide technology solutions to Citi’s global businesses.
Identified as a global hub for Citi Markets and Securities Services technology, Citi and its technologists and developers lead projects for Citi’s businesses around the world.
As the largest of Citi Canada’s sites across the country, the CSC Toronto has experienced steady growth within its technology function over the past four years, with almost 1,400 technologists and 150 employees on the consumer banking team. With plans to hire an additional 200+ team members in 2020, the growth at the site is set to continue.
As the site grows, so does its impact on the local community. In 2019, the site donated a delivery van to the local Seva Food Bank, enabling the charity to pick up large donations from local suppliers and keep their warehouse stocked. The van can be seen on the streets of Mississauga and throughout the Peel region, making a difference in the lives of the local community. The team also worked with the local Habitat for Humanity build, erecting front porches and dry walling interiors, spending two full days at the site.
The CSC Toronto is also proud to support the local Peel Children’s Aid Foundation as they build a new facility within a few blocks of the CSC site. Opening in June 2020, Citi’s donation has funded a portion of the build that will be known as the Citi Child Welfare Immigration Centre of Excellence. The centre will help Peel kids in a few different ways. First, it will help local kids in different stages of immigration assistance in gaining access to education. Second, being in the jurisdiction of Toronto International Pearson Airport, the foundation also sees about 50 children each year who come to Canada alone and are in need of care and shelter. In an act of desperation due to the circumstances in their home country, parents put their child on a plane to Canada, alone, knowing that Canada has the protections in place to ensure the child is cared for. The first faces they see in Canada are the Peel Children’s Aid team, and this centre will support these children with the help they need.