Citibank 2013 Annual Report Download - page 12

Citi’s Corporate and Investment Banking client teams are
organized by industry and by country. Each team is composed
of two parts: Strategic Coverage Officers focus on mergers
and acquisitions and equity and related financing solutions.
Corporate Bankers, in partnership with our Capital Markets
specialists and with support from our Global Subsidiaries
Group, deliver corporate banking and finance services to
global, regional and local clients.
In 2013, Citi served as the trusted advisor for several
transformational transactions in the financial markets.
We were co-lead financial advisor to Sprint Nextel Corporation
on its $36 billion merger with SoftBank Corporation, the
largest outbound investment in Japan’s history. Citi also acted
as financial advisor to Silver Lake Partners on the complex,
joint (with Michael Dell) $21 billion acquisition of Dell Inc.
We were financial advisor to CNOOC Limited on its
acquisition of Nexen for $18 billion, the largest-ever
cross-border acquisition by a Chinese company. After
successfully defending Elan Corporation plc against another
pharmaceutical company’s $6 billion hostile offer, Citi acted
as financial advisor to Elan on its $9 billion sale to Perrigo
Company plc. Financial News awarded Citi the Most Improved
Investment Bank of 2013.
Markets and Securities Services
Citi’s Markets and Securities Services business provides world-
class financial products and services as diverse as the needs
of the thousands of corporations, institutions, governments
and investors we serve.
• International Financing Review named Citi Best
Derivatives House, Best Emerging Market Bond House,
Best Credit Derivatives House and Best Latin America
Bond House.
• Euromoney’s Awards for Excellence named Citi Best
Global Emerging Market Bank; Best Global Emerging
Market Equity House; Best Bank in Asia and Africa; Best
Investment Bank in Asia, India, the Philippines, Central and
Eastern Europe, the Caribbean and Central America; Best
Cash Management House in Africa and Latin America; Best
M&A House in UAE and Spain; Best Debt House in Russia,
Turkey and Chile; Best Flow House in Latin America; and
Best Equity House in North America and India.
• Citi Private Bank was honored by The Financial Times,
The Banker and Professional Wealth Management
as Best Private Bank for Customer Service for the
second year in a row. The Society of Trust and Estate
Practitioners named Citi its Private Banking Team
of the Year. Private Banker International named Citi
Outstanding Private Bank for Ultra-High-Net-Worth
Clients and Outstanding Global Private Bank Asia
Pacific and recognized Citi as a Highly Commended
Outstanding Private Bank for North America and
Outstanding Private Bank for Europe. Citi also received
Euromoney’s Best Private Banking Services in Latin
America award. And The Asset named Citi Best Private
Bank and Best Wealth Manager in Asia and Australia.
• FX Week magazine recognized Citi as Best Bank overall
as well as Best Bank for FX for Corporates, Forward FX,
FX Prime Brokerage, FX in North America, Latin
American Currencies, Euro/Dollar, Dollar/Yen and
e-Trading. Global Finance named Citi Best FX Bank
in North America and Latin America and Best
Derivatives Provider in Latin America.
Private Banker International named Citi Outstanding Private Bank for Ultra-High-
Net-Worth Clients and Outstanding Global Private Bank Asia Pacific, and Citi received
Euromoney’s Best Private Banking Services in Latin America award.
Citi VelocitySM e for Education initiative donated a
percentage of two months of institutional client FX
transaction volumes executed through the Citi Velocity
platform to six education-related nonprofits around the world.