Global Banking provides a huge variety of services to corporations, financial institutions and governments. We can give strategic or financial advice on acquisitions, mergers, divestitures, financial restructurings, loans, foreign exchange and underwriting and distributing equity. We also provide debt and derivative services.

Investment Banking
Investment Bankers are primarily strategic advisers who are called in for the big transformations and transactions from public listings to mergers and acquisitions. We advise on a full range of capital-raising projects, including underwriting and distributing equity, debt and derivative securities for leading corporations, financial institutions and governments around the world. It is a high-risk, high-pressure arena in which risks and rewards are both high.

Global Corporate Bank
GCB is the primary point of contact with the world’s leading corporations. GCB is organised into specialist sector groups to provide deep industry knowledge as well as broad financial expertise.

Corporate bankers own the long-term relationships with clients and they also act as the conduit to our wider portfolio of products and services. They are involved in big events and transactions, but they also provide long-term planning and continuing financial advice.

Global Portfolio Management The Markets & Banking Group has a huge number of lending relationships and our exposure to credit risk is formidable. GPM manages the combined loan portfolios to maximise the returns and liquidity of our portfolios through risk management, due diligence and the strategic application of capital. This team makes a significant contribution to the strength of our balance sheet and our competitive edge.

Capital markets is the engine room of the financial services industry. It’s where the world’s money is made and moved, 24 hours a day, seven days a week. We structure, originate, buy and sell equity, debt and hybrid securities.

Capital Markets/Origination
Companies can generate funding in two ways – through the debt markets or the equity markets. Equities is less complex than Fixed Income, which includes very complex Bond and Foreign Exchange products. Either way, Capital Markets Origination is where new issues are originated, structured and brought to the market.

Sales & Trading
Fixed Income Sales & Trading experts deal with buying, selling, structuring and researching new issues across credit, foreign exchange and interest-rate products. As well as providing market-leading sales and trading coverage to clients throughout the globe, we also conduct proprietary trading on our own account – and we are recognised as a pre-eminent market maker.

Equity Sales & Trading provides clients with execution services and stock selection advice as well as access to corporate management and syndicate activities including Initial Public Offerings, Rights Issues and Equity Placings. Our work is broadly divided between Cash and Derivatives, with products often tailor-made to clients’ needs.

Global Transaction Services provides cash management, trade services, and securities and fund services for corporations and institutions worldwide. We are the global experts in managing and maximising cash flows through large organisations. GTS is a major revenue earner for Citi and we are widely acknowledged as the biggest and best financial custodian in the world.

The Operations Group is the functional core of our business, clearing, settling and executing more than 525,000 trades and moving billions of dollars every day. This is a fast-moving, high-tech environment characterised by a practical commitment to continuous improvement. It is wrong to think of this as a back-office function: as well as making everything else possible, Operations people are primary drivers of competitive edge in our markets. If we can do business faster and more efficiently than anyone else, we will get more of it.

Technology provides the tools of our trades, keeps our fingers on the pulse of the global markets, helps us communicate and collaborate across the world – and makes everything work. Technology is the key to competitive advantage: it is vital now, but it’s becoming more important and influential every year. Our IT capability is divided into two main functions, Infrastructure (which concentrates on the hardware that links people to information across the world) and Development that creates and maintain the bespoke software applications that support traders.

Our IR team employs 300 analysts and works with research coverage of around 3000 companies globally to provide market intelligence and investment advice to both internal colleagues and external clients. Although this team sits within Global Wealth Management (the business that provides financial advice to high-net-worth individuals), research analysts also work closely with colleagues in Equity Capital Markets. It’s worth knowing that some banks call this business area ‘Equity Research’.The work is intellectually demanding, requiring sophisticated modelling of incredibly complex financial scenarios and the evaluation of companies, industries and even entire economies to assess their investment potential. What many people don’t realise is that Investment Analysts travel widely and have a lot of client contact.