Citi Statement on Final Phase of Organizational Simplification Changes

NEW YORK - "Today we shared with our colleagues that we have concluded the major actions that we announced in September 2023 that align Citi’s structure with our simplified operating model.

While these decisions were not made easily, they have allowed us to strengthen how we run the bank and serve clients through enhanced connectivity and accountability.

After having reset Citi’s strategy and undergone these consequential changes, we will continue to execute on our vision to be the preeminent banking partner for institutions with cross-border needs, a global leader in wealth and a valued personal bank in our home market and focus on our commitment to transform the company for the long term."

About Citi

Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in nearly 160 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services. 

Additional information may be found at www.citigroup.com | Twitter: @Citi | LinkedIn: www.linkedin.com/company/citi | YouTube: www.youtube.com/citi | Facebook: www.facebook.com/citi 

Contacts

Media: Jennifer Lowney, (212) 793-3141 jennifer.lowney@citi.com

Investors: Jennifer Landis, (212) 559-2718 jennifer.landis@citi.com