Citibank 2012 Annual Report Download - page 16

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and led the financing for the largest leveraged buyout of the
year, Apollo’s $7.5 billion acquisition of El Paso’s exploration
and production business, and was joint bookrunner on
Hutchison Whampoa’s $1.5 billion dual-tranche senior offering,
which achieved Hutchison’s lowest coupons ever in each of the
maturities issued.
Markets
Citi Markets provides world-class financial products
and services as diverse as the needs of the corporates,
institutions, governments and investors we serve. The breadth,
depth and strength of our underwriting, sales and trading,
distribution and research capabilities span a broad range of
asset classes and currencies, sectors and industries. Products
offered include equities, commodities, credit, futures, foreign
exchange (FX), emerging markets, G10 rates, municipals, prime
finance and securitized markets.
Our research and analysis group helps institutional clients
navigate a complex global marketplace with the highest-
quality corporate, sector, economic and geographical
insights — from equity and fixed income research to market
and product analysis. On trading floors in more than 80
countries in Asia, Europe, the Middle East, Africa, Latin
America and North America, we work around the clock to
enrich the relationships, products, liquidity and technology
that define our market-making presence. Our state-of-the-
art Citi VelocitySM platform delivers electronic access to Citi’s
global footprint and world-class innovation, giving clients
unprecedented access to our capital markets intelligence and
services across equities, futures, FX, emerging markets, rates,
credit, commodities, securitized markets, municipals, prime
finance and research. Through our web, mobile and trading
applications, clients can find proprietary data and analytics,
Citi research and commentary; fast, seamless and stable
execution for FX and rates trades; and a suite of sophisticated,
post-trade analysis tools — everything clients need to make
the most of the market.
In 2012, Citi was recognized as a Greenwich Share Leader in
both Global Fixed Income and Global Foreign Exchange based
on Greenwich Associates’ 2012 Global Foreign Exchange
Services and Global Fixed Income Investors Studies.
Citi Private Bank
Our Private Bank is a trusted advisor to some of the world’s
most successful and influential individuals and families. As
one of the world’s global private banks, we believe that our
teamwork, commitment to service and an ability to open
a world of opportunity for our clients’ wealth set us apart.
The Private Bank is represented by more than 1,000 Private
Bankers and product specialists across a network of 60 offices
in over 20 countries.
Our comprehensive services are tailored to individuals and
families and include entrepreneurs and business owners,
single- and multi-family offices, senior corporate executives,
next-generation owners/inherited wealth, law firms and
attorneys. From banking and cash management to lending,
investment strategies, trust and specialized 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 deliver the complete
financial management strategies that today’s wealth requires.
The Private Bank has been recognized in the industry for our
leadership, service and best-in-class capabilities worldwide,
demonstrating our continued commitment to helping clients
build and preserve their wealth legacy.
Citi Transaction Services
Citi Transaction Services (CTS) provides cash management,
trade, securities and fund services to multinational
corporations, financial institutions, governments and public
sector organizations in more than 140 countries. Ninety-
four percent of Fortune 100 companies and 81% of Fortune
Global 500 companies count on Citi to support their financial
operations with global solutions.
Every day, Citi Transaction Services intermediates more than
$3 trillion in financial, commercial and capital flows. Access to
technology platforms, regulatory knowledge and data- driven
expertise enables clients to manage financial operations
efficiently with visibility and control, maximize the value of
capital, protect the integrity of supply chains and manage
risk. Uniquely placed to support clients’ expansion in the
developing markets, CTS meets their evolving needs through
sustained investment in technology and digital innovation.
CTS truly is the backbone of Citi’s global franchise.
Citi’s clients depend on the scale and consistency of CTS’
global platforms, connectivity to market infrastructures
and proven operating expertise in developed and growth
markets. We provide working capital solutions and transaction
processing to supply chain financing, correspondent
banking, securities services, issuer services, and investment
administration and servicing across traditional and alternative
investment strategies, asset classes and geographies.
Institutional Clients Group