Citibank 2015 Annual Report Download - page 12

• The Banker named Citi Best Global
Transaction Bank, recognizing our
unparalleled global connectivity and
the value we are creating through the
execution of a client-focused strategy.
Noting that “Citi stands at the forefront
Our geographic breadth and product
depth help provide institutional investors
access to global and local markets. Over
the past two centuries, Citi has financed
some of the world’s most transformative
projects, and every day — through
lending, cash management, advisory
services and much more — we continue
to support innovation and growth around
the globe.
With trading floors in more than
80 countries, clearing and custody
networks in over 60 countries and
connections with 400 clearing systems,
Citi maintains one of the largest global
financial infrastructures and facilitates,
on average, over $3 trillion of flows
daily. This is what enables Citi to serve
its core clients with distinction.
Capital Markets Origination
Citi’s Capital Markets Origination
business is focused on the capital-raising
needs of our institutional clients, from
inaugural issuances and exchanges to
cross-border transactions and first-of-
their-kind landmark structures. Owing
to our unmatched global footprint and
diverse range of financial products, Citi
aims to be the first choice among issuers
for clients’ underwriting needs. Citi’s
track record of successfully executing
in both buoyant and challenging
market conditions is a testament to our
unwavering commitment to provide the
highest quality service to clients. Citi’s
structuring and execution expertise has
established the firm as a leader in the
equity capital markets, whether measured
by innovation or proceeds raised, and has
distinguished Citi as the clear choice for
debt underwriting, with excellence across
a broad range of currencies and markets.
In 2015, Citi was underwriter for several
landmark transactions, including joint
bookrunner on First Data Corporation’s
$2.8 billion initial public offering;
joint bookrunner, underwriter and
mandated lead arranger on a $34 billion
acquisition financing package for Teva
Pharmaceutical Industries, the second
largest loan globally in 2015; and lead
dealer manager for General Electric
Company on a $36 billion debt exchange
offer, the largest corporate debt
exchange in history.
Corporate and Investment Banking
Citi’s Corporate and Investment Banking
franchises provide comprehensive
relationship coverage service to
ensure the best possible service and
responsiveness to clients. With its strong
presence in many nations, Citi uses
country, sector and product expertise to
deliver our global capabilities to clients
wherever they choose to compete.
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,
while Corporate Bankers — in partnership
with Citi’s Capital Markets specialists
and with support from the Global
Subsidiaries Group — deliver corporate
banking and finance services to global,
regional and local clients.
In 2015, Citi played an integral
role on several transformational
transactions, including sole financial
advisor to Danaher Corporation on its
agreement to acquire Pall Corporation
for approximately $13.8 billion; and
Institutional
Clients Group
Through Citi’s
network of more
than 100 countries,
Citi’s Institutional
Clients Group
helps multinational
companies grow, hire,
and deliver products
and services. Citi also
provides financing
and support to
governments at all
levels to help them not
only conduct day-to-
day operations but also
to build sustainable
infrastructure, housing,
transportation, schools
and other vital public
works for the future.
of transaction banking,” The Banker
called out Citi’s focus in three major
areas: improving client experience,
innovation and digitization and
investing in new technologies such as
cybersecurity and digital money, which
have helped Citi to create true client
partnerships, moving away from a
product push to a solution consultation.
• Recognizing Citi’s efforts to become
a simpler, smaller, safer and stronger
bank while maintaining a truly global
presence, Euromoney named Citi
the Best Global Bank, Best Global
Emerging Market Investment Bank
and Top Bank in Foreign Exchange in
2015. Euromoney noted that, “Citi is a
much-changed, smaller, more focused
2015 Highlights
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