Citibank 2014 Annual Report Download - page 13

Institutional Clients Group
equity securities of Kinder Morgan Energy Partners, L.P.,
Kinder Morgan Management, LLC and El Paso Pipeline
Partners, L.P. in a transaction valued at approximately
$76 billion. Citi also acted as lead financial advisor to
Level 3 Communications, Inc. on its $7.3 billion acquisition
of tw telecom and participated in the transaction financing.
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 Citi serves. Citi works to enrich
the relationships, products and technology that define its
market-making presence. The breadth, depth and strength of
Citi’s 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.
Our Investor Services and Direct Custody and Clearing
businesses provide customized solutions that support the
diverse investment and transaction strategies of investors
and intermediaries worldwide.
The Citi VelocitySM platform delivers electronic access to
Citi’s global footprint and real-time information, giving
clients unprecedented access to capital markets intelligence
and services across all product lines. Through web, mobile
and trading applications, clients can find Citi research,
commentary, and proprietary data and analytics; execute fast,
seamless and stable foreign exchange and rates trades; and
utilize Citi’s suite of sophisticated, post-trade analysis tools.
In 2014, Citi developed a four-part, $758 million financing
structure that refinanced the Community Preservation
Corporation’s existing debt and provided the liquidity needed
to restart loan operations that will serve New York State’s
most distressed neighborhoods.
Citi tied for second place in global fixed income market share
for 2014, a gain for the year, according to financial services
consultancy Greenwich Associates. In addition, Citi was
recognized as a Greenwich Leader in overall best service
quality and was ranked as the top three in global fixed
income trading share among hedge funds, credit and rates.
The research respondents included more than 4,000 fixed
income investors.
Risk magazine awarded Citi OTC Clearer of the Year and
Credit Derivatives House of the Year, and The Banker named
Citi the Most Innovative Bank for Equity Derivatives.
Private Banking
Citi operates one of the world’s leading global private banks,
whose teamwork, commitment to service, and ability to see
and seize opportunities for clients set it apart. Citi’s 800
private bankers and product specialists, located in 51 offices
in 16 countries, act as trusted advisors to many of the world’s
most successful and influential individuals and families.
Launched in 2014, TreasuryVision® Liquidity Manager
is a key component of Citi’s TreasuryVision Analytics
toolkit, which provides interactive balance visibility via
the CitiDirect® online banking platform.
Citi CEO Michael Corbat joined New York City Mayor Bill de Blasio, third from
left, and other officials to announce a partnership to establish a $350 million
fund to support affordable housing throughout New York City.
Photo credit: Rob Bennett/Mayoral Photography Office
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