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NEW YORK--(BUSINESS WIRE)--Citi today announced a global expansion of the Pathways to Progress initiative led by a Citi Foundation investment of $100 million to connect 500,000 young people, ages 16-24, to training and jobs over the next three years. This is the largest philanthropic commitment in the Citi Foundation’s history. Pathways launched in 2014 with a $50 million effort that helped more than 100,000 young people across 10 U.S. cities become career-ready through first jobs, internships, and leadership and entrepreneurship training. The expansion also includes a commitment to have 10,000 Citi employees volunteer to serve as mentors, coaches and role models to young people and support their career progress. Pathways to Progress aims to help reduce youth unemployment in key cities around the world and improve the quality of the youth workforce. Globally, the youth unemployment rate is three times higher than the adult unemployment rate1, which reflects a gap in the skills and networks many young people currently possess and what is required by many employers or needed to successfully launch an income-generating business. “The playing field isn’t level for all young people and Citi wants to help change that,” said Citi CEO Michael Corbat. “Mentors, internships and exposure to a variety of career opportunities help young people get a foot in the door and provide the foundation they need to thrive in their careers – those are the things Pathways to Progress helps provide to those who might not have access to them otherwise. Young people consistently say they want to pursue careers that allow them to contribute to important societal issues, and I firmly believe that matching that ambition with the skills provided through Pathways will benefit all of us when they enter the workforce.” Through the expansion of Pathways to Progress, Citi and the Citi Foundation continue to work with municipal and community leaders to help young people secure jobs, begin to engage in the formal economy, and contribute positively to their cities. $50 million will be invested in the U.S. in cities including Chicago, Dallas, Jacksonville, Los Angeles, Miami, New York City, Newark, San Francisco, St. Louis, Tampa, and Washington DC and $50 million will be invested internationally in cities including Beijing, Casablanca, Johannesburg, London, Madrid, Mexico City, Mumbai, São Paulo, Seoul, Singapore, Sydney, Taipei and Warsaw, with a target to reach 500,000 young people globally. Select programming includes: “The constant urban demographic pressure at the level of the Grand Casablanca presents many challenges for all city dwellers, especially youth,” said Casablanca Mayor Abdelaziz El Omari. “To tackle this the city of Casablanca, has opted for smart urbanization based on an innovative strategy that links economic, political and social development and allows for the integration of technologies. To achieve this ambition, Casablanca boasts an original, participatory modus operandi in which youth, citizens, companies and local actors are invited to contribute to nurture the future of the city. We strongly believe that the Pathways to Progress program launched by the Citi Foundation aligns perfectly with our vision.” "The City of Madrid is delighted to collaborate with Citi Foundation and IESE Business School, within Citi’s Pathways to Progress program, to support entrepreneurship in the city of Madrid,” said Roberto Sanchez, General Manager of Innovation and City Promotion, Madrid. “Thanks to the projects which encompass four years of collaboration, we have helped many entrepreneurship projects to internationalize, innovate, grow and thus create economic wealth for our community." “With the rising youth unemployment rates globally, it’s imperative to help the youth build up their confidence and cultivate their leadership skills and competitiveness,” said Dr. Tien-Mu Huang, Vice Chairman, Financial Supervisory Commission, Republic of China (Taiwan). “The Citi Foundation's Pathways to Progress initiative not only helps disadvantaged youth get access to education and employment opportunities, but also utilizes Citi’s expertise and its people to mentor young people to discover their talents and realize their full potential for greater social impact. This has set a great example of social responsibility for corporates.” “This new commitment by the Citi Foundation will help organizations like Junior Achievement test and scale programming that helps more young people globally build a platform for their future success,” said Asheesh Advani, President and CEO, JA Worldwide. “We engage over 2,000 Citi volunteers each year who help deliver critical employability skills programming to millions of youth around the globe. Ensuring that young people do not get left behind is crucial to what we do and is what drives our work.” In the U.S., Pathways to Progress supported programming in 10 U.S. cities: Boston, Chicago, Dallas, Los Angeles, Miami, New York City, Newark, San Francisco, St. Louis, and Washington, D.C. Through the Foundation’s initial $50 million initiative, our impact includes: "Young people in Miami deserve the champions that match their optimism, diverse aspirations, and entrepreneurial spirit,” said Miami Mayor Tomás Regalado. “Our work with the Citi Foundation has given us the ability to provide more opportunities, including summer jobs that invest in the economic health of our young people teaching them financial empowerment skills which long-term improve, our city, and our country.” “Through vital partnerships with the private sector, we are helping create more lasting foundational, career building opportunities for young people in St. Louis,” said St. Louis Mayor Francis Slay. “Pathways to Progress was instrumental in helping us expand our STL Youth Jobs summer employment program, and with this new commitment this year, we look forward to helping empower even more of our future leaders.” In conjunction with the expanded Pathways to Progress investment, the Citi Foundation is also releasing the results of a survey of young people that will help inform the focus of its programs and partnerships. The study, conducted by Ipsos, found that despite political, economic, and social upheaval, young people around the world are optimistic about their career prospects, but face the reality of limited skills and opportunities. The global youth survey polled more than 7,000 young people ages 18-24 in 45 cities across 32 countries on all the continents except Antarctica between November 2016 and January 2017. “Youth labor markets are evolving rapidly, so are the aspirations and optimism of young women and men who are entering the labor market every day and are confronted by unemployment and/or low quality jobs”, said Azita Berar Awad, Director of the Employment Policy Department at the International Labour Organization. “Channeling the voices of youth from cities across the world, the Citi Foundation’s Global Youth Survey 2017 offers important insights on youth’s perceptions, calling for improved and coordinated action, because when young people have decent work, everyone benefits and our future is more prosperous.” “The Citi Foundation’s 2017 Global Youth Survey offers a fresh perspective on young people, a group that is often easily overlooked in political and economic discourse,” said Michael Rose AM, Chairman of The Committee for Sydney. “The results convey both optimism and concern: young people in Sydney are aspirational about their ability to succeed, but concerned about their career opportunities. The Committee for Sydney is passionate about promoting opportunities for young people, creating effective future leaders and ensuring that the city is a place for all to live and work. We look forward to taking these insights and working across sectors with partners like the Citi Foundation to ensure we match aspirations of today’s youth with opportunities for success.” “This new research will help us identify where we can best continue to invest our efforts to bridge the gap between the entrepreneurial aspirations of young people and the challenges they face,” said Andrew Devenport, CEO of Youth Business International. “Citi Foundation’s new commitment demonstrates the “all in” mentality we need if we are going to truly tackle youth unemployment and drive sustainable economic development in Europe and around the world.” For more information about Pathways to Progress and the study visit CitiFoundation.com. Follow @Citi on Facebook, Twitter, Instagram and LinkedIn, and use the hashtag #Pathways2Progress to view more insights from the research and join the discussion with those interested in youth empowerment. Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. The Citi Foundation works to promote economic progress and improve the lives of people in low-income communities around the world. We invest in efforts that increase financial inclusion, catalyze job opportunities for youth, and reimagine approaches to building economically vibrant cities. The Citi Foundation's “More than Philanthropy” approach leverages the enormous expertise of Citi and its people to fulfill our mission and drive thought leadership and innovation. For more information, visit www.citifoundation.com.


News Article | March 1, 2017
Site: www.businesswire.com

LONDON--(BUSINESS WIRE)--Citi (NYSE:C) has announced the combination of regional management of the EMEA Global Custody and Funds Services business under Pervaiz Panjwani. Mr. Panjwani has been with Citi since 1991 and brings over 20 years of experience to this role. Most recently, he was EMEA Head of Global Fund Services In this expanded role he will be responsible for leading the EMEA product teams across Custody and Fund Services and working across the partners in operations and technology to optimize the business in EMEA. Mr. Panjwani will report to Chris Cox, EMEA Head of Investor Services, and Sanjiv Sawhney, Global Head of Custody and Fund Services. Chris Cox, EMEA Head of Investor Services said; “we are excited to bring the EMEA GC and GFS Products together under Pervaiz’ leadership. Pervaiz has done terrific work taking the EMEA GFS platform forwards in the two years he has held that role. We believe this is the right product alignment for how we deliver services to our clients going forward. It is consistent with how our other regions operate. More broadly Citi continues to invest in talent, technology and service delivery across Investor Services, including the Global Custody and Funds complex, ensuring we fully deliver Citi’s unique global network and product franchise to the benefit of our clients.” “Global Custody and Fund Services is a core part of our Investor Services franchise strategy”, stated Sanjiv Sawhney. “Aligning our products and leadership under Pervaiz in EMEA will help ensure that we continue to grow and strengthen the platform to deliver the best products for our clients.” Citi Investor Services provides fund managers with access to an end-to-end set of flexible investment solutions across Prime Finance and Agency Securities Lending, Futures, OTC Clearing and Collateral Management, Custody and Fund Services. Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi


News Article | February 21, 2017
Site: www.businesswire.com

NEW YORK--(BUSINESS WIRE)--CitiDirect BE®, Citi's institutional e-banking platform has been ranked number one in the 2016 Greenwich Associates Digital Banking Benchmarking study for the eleventh consecutive year. The study assesses "Best of Breed" features and functionality among online, mobile and direct integration channels that differentiate treasury and cash management providers globally. This year, Citi placed first in Asia and Europe from a peer group of global and regional competitors. In addition to sharing the top ranking globally, reflecting Citi’s success in delivering market leading omni-channel experience, CitiDirect BE received the highest rating in the study across 33 categories, including but not limited to: "I am pleased that Greenwich Associates has recognized Citi as #1 in a number of categories. Each year this study has reinforced Citi’s strategy to deliver a market leading, omni-channel experience for our clients and this award is a great recognition of our efforts" said Hubert JP Jolly, Global Head of Treasury and Trade Solutions' Channel and Enterprise Services business at Citi. "We will remain diligent in enhancing existing products and adopting new, innovative solutions to continue to be market and client experience leaders." Conducted by Greenwich Associates, an independent research and consulting firm, the annual study evaluates online banking applications and scores them based on over 40 evaluation factors and 1,500 sub criteria. The study serves as a barometer of market trends and development priorities that can provide a forward-view of next-generation capabilities. Twenty-eight banks and non-banks are evaluated in the study with the bank group consisting of top-tier global and regional peers in the transaction banking industry. Andrew Grant, Principal at Greenwich Associates and global program manager for the Digital Banking Benchmarking study added, “Client expectations are evolving and digital capabilities are increasingly important. Flexible, fully integrated banking solutions combined with top notch client experience allow Corporate Treasury professionals to successfully transact and correctly analyze financial data. Citi's innovative online and mobile capabilities, as well as direct integration solutions, truly help corporates continuously achieve their cash management goals and objectives.” The Greenwich Associates study evaluated Citi's institutional online banking solution set, including CitiDirect BE, CitiDirect BE® Mobile, CitiDirect BE® Tablet (with $1.8 trillion total transaction value processed for CitiDirect BE Mobile and CitiDirect BE Tablet Citi in 2016), CitiConnect®, FX Pulse and TreasuryVision® Liquidity Manager as well as all of their supporting services. Having been enhanced for clients' ease of doing business, CitiDirect BE differentiated itself against the competition and received the highest rating for Portal Features, User Authentication, Communications within the Platform, and Cross-Product Integration. Additionally, CitiConnect®, which is fully integrated with CitiDirect BE, was again recognized for its depth of functionality and extensive set of product features, all focused on enabling deep integration with Citi's clients' systems and services. Citi Treasury and Trade Solutions (TTS) enables our clients' success by providing an integrated suite of innovative and tailored cash management and trade finance services to multinational corporations, financial institutions and public sector organizations across the globe. Based on the foundation of the industry's largest proprietary network with banking licenses in over 90 countries and globally integrated technology platforms, TTS continues to lead the way in offering the industry's most comprehensive range of digitally enabled treasury, trade and liquidity management solutions. TTS’ institutional online banking solution set includes CitiDirect BE, CitiDirect BE Mobile and CitiDirect BE Tablet, CitiConnect, FX Pulse and TreasuryVision Liquidity Manager. Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi.


News Article | February 28, 2017
Site: www.businesswire.com

NEW YORK--(BUSINESS WIRE)--Citi’s Treasury and Trade Solutions (TTS) has launched an Application Programming Interface (API) solution for payment initiation, payment status, and account balance inquiries through CitiConnect®, Citi’s industry leading connectivity platform. The CitiConnect® API allows Citi’s treasury services clients to directly connect with Citi to access services using their own Treasury Workstations or Enterprise Resource Platform (ERP) providing convenience, potential cost savings, and reduced risk. Citi supports API based integration across 96 countries, representing one of the largest API-supported geographies. “API based integration is one of the biggest topics across the industry. And with CitiConnect API TTS offers the right solution on a global scale. This new, innovative offering provides Citi’s clients ultimate flexibility and choice of how, where and when they want to access Citi’s network using their existing treasury applications,” said Naveed Sultan, Citi's Global Head of Treasury and Trade Solutions. “API technology allows Citi to offer a variety of services in a dramatically different way, and over time will also offer additional functionality including service inquiries, account management, and liquidity services.” Evolving client needs now require fully automated solutions to process transactions directly from the client’s own treasury platform to their banking partners’, without having to rely solely on banking portals that often require proprietary builds, applications or interfaces. With the CitiConnect API, there is no need for additional providers or services, as API functionality empowers end-users to manage their transaction banking activity directly from their own trusted applications. Citi has worked with a core group of clients to pilot the API service, which they have integrated into their treasury processes to deliver payments real time to Citi, and collect information on the status of their payments. “There’s a lot of pressure from clients on banks to quickly adapt to the demand for improved digital experiences or be at risk of becoming irrelevant. Our CitiConnect API solution provides a strong foundation for our clients looking to embrace e-commerce initiatives,” said Derek Rego, Global Head of Electronic Banking Channels, TTS Technology. “Across every industry, APIs are proving to have significant business impact. At Citi we believe it can help our clients quickly build modern, cross-functional banking applications.” CitiConnect® API provides an ‘on-demand’ service that connects to Citi directly from a client’s Treasury Management or ERP system. The result is a seamless experience that has the potential to offer cost efficiencies and reduced operational risk. APIs make it simpler for Citi’s institutional clients to develop interfaces to Citi to access and manage their accounts allowing for Citi to offer a variety of transaction services in a dramatically different way. Following this initial launch, Citi expects to continue to develop additional API services for transaction banking including service inquiries, account management, and liquidity services. CitiConnect® is Citi’s industry leading connectivity platform, and is part of the omni-channel digital banking product suite that also includes CitiDirect BE®, CitiDirect BE® Mobile and CitiDirect BE® Tablet. Citi Treasury and Trade Solutions (TTS) enables our clients' success by providing an integrated suite of innovative and tailored cash management and trade finance services to multinational corporations, financial institutions and public sector organizations across the globe. Based on the foundation of the industry's largest proprietary network with banking licenses in over 90 countries and globally integrated technology platforms, TTS continues to lead the way in offering the industry's most comprehensive range of digitally enabled treasury, trade and liquidity management solutions. Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi


News Article | March 2, 2017
Site: www.businesswire.com

LONDON--(BUSINESS WIRE)--Citi (NYSE:C) today released the latest Risk Management findings from its award-winning benchmarking tool, Citi Treasury Diagnostics (CTD), designed to help companies assess the effectiveness of their treasury, working capital, and risk management practices. The Risk Management findings are based on comprehensive results gathered from a diverse group of large corporates, industries and geographies. Against the backdrop of today’s challenging operating environment, the report describes the approaches, tools and techniques corporate treasurers are taking to identify and manage their FX exposures. Surprisingly, despite unprecedented recent market conditions, the risk management approach for many corporates has remained largely unchanged from previous years. Many companies continue to leverage traditional strategies, practices, products, tools, and technology to manage their FX risk. Based on responses, the majority of large corporates have mature FX risk management programs in place covering a large portion of their exposures. However, despite nearly 60% declaring that ‘reducing earnings volatility’ is a key risk management objective, many also report continuing material impacts on their earnings due to FX volatility. Ron Chakravarti, Global Head of Treasury Advisory Group, Citi Treasury & Trade Solutions, said: "It seems likely the year ahead will be one of heightened unpredictability in the currency markets, with further disruption to corporate earnings. Yet, status quo prevails. The big question is: will more multinationals adapt their legacy FX risk management processes and practices to navigate the changing market environment?” Remarkably, the findings also indicate that most companies do not differentiate between emerging market (EM) and developed market (DM) hedging practices. Sam Hewson, Global Head of FX Risk Management Solutions & Co-Head Western Europe Head of Corporate FX Sales, said: “Many corporates are aware that they need to deploy a different approach between developed and emerging markets, however, their current FX policy remains virtually the same. The challenges in identifying and hedging FX risk have always been around, but as companies continue to further deploy their balance sheets to the emerging markets, corporates need to consider differentiating their currency strategies.” The report also explores key components of cash management processes, centralization constructs and technology, specifically as they relate to FX risk management. Erik Johnson, Director, CitiFX Global Risk Solutions, said “Our survey highlights the importance of having a well-designed and integrated FX risk management program in place, bolstered by an equally robust technology infrastructure” Please access the report here Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi


News Article | April 26, 2017
Site: en.prnasia.com

TAIPEI, Taiwan, April 26, 2017 /PRNewswire/ -- Advanced Semiconductor Engineering, Inc. (NYSE: ASX, TAIEX: 2311, "ASE" or the "Company"), announces that it has filed its annual report on Form 20-F for the year ended December 31, 2016 with the U.S. Securities and Exchange Commission.  The 2016 20-F is available on ASE's website at and on the website of the U.S. Securities and Exchange Commission at .  Hard copies of the audited financial statements included in the 2016 Form 20-F are available to shareholders upon request and free of charge.  To request a copy of the audited financial statements, please contact Citibank Shareholder Services at 1-877-CITI-ADR (248-4237). This press release contains "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Although these forward-looking statements, which may include statements regarding our future results of operations, financial condition or business prospects, are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release. The words "anticipate," "believe," "estimate," "expect," "intend," "plan" and similar expressions, as they relate to us, are intended to identify these forward-looking statements in this press release. Our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied in these forward-looking statements for a variety of reasons, including risks associated with cyclicality and market conditions in the semiconductor or electronic industry; changes in our regulatory environment, including our ability to comply with new or stricter environmental regulations and to resolve environmental liabilities; demand for the outsourced semiconductor packaging, testing and electronic manufacturing services we offer and for such outsourced services generally; the highly competitive semiconductor or manufacturing industry we are involved in; our ability to introduce new technologies in order to remain competitive; international business activities; our business strategy; our future expansion plans and capital expenditures; the uncertainties as to whether we can complete the share exchange contemplated under a share exchange agreement between SPIL and us; the strained relationship between the Republic of China and the People's Republic of China; general economic and political conditions; the recent global economic crisis; possible disruptions in commercial activities caused by natural or human-induced disasters; fluctuations in foreign currency exchange rates; and other factors.  For a discussion of these risks and other factors, please see the documents we file from time to time with the Securities and Exchange Commission, including our 2016 Annual Report on Form 20-F filed on April 21, 2017. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/advanced-semiconductor-engineering-inc-files-2016-annual-report-on-form-20-f-300445921.html


News Article | May 5, 2017
Site: www.businesswire.com

PHOENIX--(BUSINESS WIRE)--Viad Corp (NYSE: VVI) announced today that Steve Moster, president and chief executive officer of Viad, is scheduled to present at the following conferences during the second quarter of 2017: Baird’s 2017 Global Consumer, Technology & Services Conference June 7, 2017, at 11:25 a.m. Eastern Time InterContinental New York Barclay Hotel in New York, NY CITI’s 2017 Small & Mid Cap Conference June 8, 2017, at 10:15 a.m. Eastern Time The Plaza Hotel in New York, NY The presentations will be available on Viad’s website http://www.viad.com/investors by 8:00 a.m. Eastern Time on the morning of Viad’s scheduled presentations. Viad’s presentation at Baird’s 2017 Global Consumer, Technology & Services Conference will be webcast live over the internet at http://www.viad.com/investors. Interested parties should log on to the website 15 minutes prior to the presentation time to register for the event and download any necessary software. Viad (NYSE: VVI) generates revenue and shareholder value through its two business groups: GES and Pursuit. GES is a global, full-service live events company offering a comprehensive range of services to the world's leading brands and event organizers. Pursuit is a collection of iconic travel experiences in Alaska, Montana and Western Canada that showcase the best of Banff, Jasper, Waterton Lakes, Glacier, Denali and Kenai Fjords national parks. Viad is an S&P SmallCap 600 company. For more information, visit the company's Web site at www.viad.com.


News Article | May 4, 2017
Site: www.businesswire.com

NEW YORK & SAN FRANCISCO--(BUSINESS WIRE)--Citi Private Bank announced today that Mariia Eroshin has joined the San Francisco team as a Director and Private Banker, reporting to Hoyt Gier, Head of the Western Region North. In this capacity, Ms. Eroshin will provide wealth management services to clients based in the San Francisco Bay Area and beyond. “San Francisco remains a key growth area for Citi Private Bank. With so much wealth concentrated in this region and new wealth being created constantly, we are continuously searching for top talent to service our clients. Maria has broad experience in portfolio management, focuses on multigenerational and entrepreneurial wealth and is a proven leader with varied skill sets,” said Mr. Gier. Ms. Eroshin joins the Private Bank from U.S. Trust, Bank of America Private Wealth Management, where she served as a Private Client Advisor and previously worked as a Senior Portfolio Manager. Prior to that, she was the Director of Investment Research / Senior Portfolio Manager at a multi-family office. Ms. Eroshin also previously worked as a Senior Auditor focused on Asset Management and Hedge Funds at Ernst and Young. She received her M.B.A. from the Wharton School of the University of Pennsylvania and three Bachelor degrees from the University of Minnesota Duluth. Ms. Eroshin is a CFA, CPA and CFP, as well as an adjunct faculty member at the University of San Francisco. “I am excited to join Citi Private Bank. Citi has deep roots in the Bay Area and a global network spanning all major financial capitals with ability to effectively serve local and multi-national upper-high-net-worth families and family offices. Additionally, the Private Bank continues to make great strides in innovation, both in their technology, capital markets, sophisticated lending, capital preservation and hedging, philanthropy, and their wealth management services. This is what our clients in the San Francisco area, and beyond, expect to see from their family providers,” said Ms. Eroshin. Citi Private Bank is dedicated to serving worldly and wealthy individuals and families, providing customized private banking across borders. With approximately $390 billion in global assets under management, the franchise includes 48 offices, serving clients across 130 countries. Citi Private Bank helps clients grow and preserve wealth, finance assets, make cash work harder, safeguard assets, preserve legacies, and serve family and family business needs. The firm offers clients products and services covering capital markets, managed investments, portfolio management, trust and estate planning, investment finance, banking and aircraft finance, as well as art and sports advisory and finance. Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi.


News Article | May 4, 2017
Site: www.businesswire.com

NEW YORK--(BUSINESS WIRE)--Citi has been included in Global Finance magazine’s “The Innovators 2017” listing for transaction services. This is the publication’s fifth annual listing of global firms that are engendering innovation in treasury and transaction processing. This honor recognizes Citi’s business strategy to deploy the CitiConnect® API across 96 countries allowing Citi’s treasury services clients to directly connect with Citi to access services using their own Treasury Workstations or Enterprise Resource Platform (ERP) providing convenience, potential cost savings, and reduced risk. Driven by strong client demand, banks are required to offer fully automated solutions to process transactions from the corporate client’s own treasury platform directly to their banking partners. A key aspect is to do this without having to rely on banking portals, proprietary builds, or customized interfaces and applications. With the CitiConnect API, there is no need for additional providers or services, as APIs empower end-users to manage their transaction banking activity directly from their own trusted applications. Clients now have choices of how, where and when they access Citi’s network. Citi has worked with a core group of clients to launch the CitiConnect API service, which they have integrated into their treasury processes to deliver payments real time to Citi, and collect information on the status of their payments. “New developments in transaction services are giving decision-makers more granular detail at a faster pace, facilitating strategic thinking,” said Joseph D. Giarraputo, publisher and editorial director of Global Finance. “Of course, greater speed and efficiency are valued, but it is business intelligence that delivers the greatest value.” "Our CitiConnect API provides our clients with a transformational experience by enabling them to directly access our platform, leveraging their own treasury application of choice", said Tapodyuti Bose, Global Head of Channel, Enterprise and Account Services, Citi Treasury and Trade Solutions. “Using this service helps our clients to have their users manage their banking relationship efficiently and effectively through a seamless interface experience directly from their trusted screens”. The Innovators 2017 list will be published in Global Finance’s June 2017 issue, along with details on selection criteria and an in-depth report on how such innovation is evolving the transaction services landscape. The CitiConnect API is an extension of CitConnect®, Citi’s industry leading connectivity platform, and is part of the omni-channel electronic banking product suite that also includes CitiDirect BE®, CitiDirect BE® Mobile and CitiDirect BE® Tablet. All payment instruments across the countries supported by Citi through the CitiConnect platform are available. Citi Treasury and Trade Solutions (TTS) enables our clients' success by providing an integrated suite of innovative and tailored cash management and trade finance services to multinational corporations, financial institutions and public sector organizations across the globe. Based on the foundation of the industry's largest proprietary network with banking licenses in over 90 countries and globally integrated technology platforms, TTS continues to lead the way in offering the industry's most comprehensive range of digitally enabled treasury, trade and liquidity management solutions. For a copy of the Global Finance press release, see the link here: http://www.gfmag.com/media/press-releasess/global-finance-names-innovators-2015-transaction-services. Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi Global Finance, founded in 1987, has a circulation of 50,000 and readers in 192 countries. Global Finance’s audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Its website — GFMag.com — offers analysis and articles that are the heritage of 30 years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly selects the top performers among banks and other providers of financial services. These awards have become a trusted standard of excellence for the global financial community.


News Article | March 1, 2017
Site: www.prweb.com

The World Wide Web has made this planet a smaller place where online communication is reaching new heights almost every day. Unlike every industry vertical, banking and finance sectors are in need of improving their existing communication level with their customers. The witty live video chat service mothered by Tagove is all set to carve a new edge in the smart ‘in-branch’ banking experience offered by leading banks and financial organizations to their valued customers. Tagove’s live video assistance software has been designed to solve those difficulties faced by both ends of any live communication. A true experience of full interaction with customers is still missing from live communications as they lack some features like co-browsing for instantly navigating and educating customers through online banking platforms with a decreased rate of incorrect online form filling issues, control of VIP customers’ identities revealed in a live video chat session, cross platform compatibility of the software layer for caring for customers’ comforts, and live screen-sharing ability for helping them in a simple way. Tagove’s live video assistance software knows how to bridge these gaps with an array of its gen-next features. Let’s dig a bit deeper. First of all, Tagove uses technologies like WebRTC and Flash, which makes their live video assistance software versatile enough for running on each popular browser and platforms without a glitch. Secondly, the built-in features of this video chat software are its USP. This smart piece of software offers a one-way/two-ways video support system which enables coveted banks to establish a safe digital curtain within a live video chat session behind which VIP customers need not reveal their facial identity. At such times, customers have the full freedom to go for the audio part of the chat only, while the bank representative will be both visible and audible for a faster and more convenient interaction. Moreover, it creates a high level user experience for the customer by providing a real-time personal shopper or user assistant. One of the best features this live video chat assistance software offers is the ability to share web screens. Bank representatives can share live web screens while making a video call with their valued customers to instantly offer answers for any matter. Statistically, this establishes a strong personal bond between a customer with their favorite banks or financial organizations. Handling VIP customers personally who really know the value of their identity and time has always been important and pesky for leading banks. Tagove’s live video chat is perfectly equipped with special features that can handle these sensitive issues with ease. Tagove worked with CITI bank, providing them with a smart ‘visual communication’ which was dedicated to VIP customers. CITI bank later integrated this live video chat attribute of Tagove’s with their VIP customer accounts and witnessed a fresh rhythm in their customer query solving techniques. For handling a rich clientele, as most of the leading banks think, a healthy system of thought leadership is required, which can only be procured from previous client handling records and experiences. Tagove’s live chat software provides bank employees and representatives a way that is both influential and informative while communicating with valued customers and stays ahead on the path of overall growth. About Company Tagove is new online communication software that reinvents the relationship between customers and companies. It aims to re-create face-to-face communication by offering live text chat, voice and video call, as well as screen sharing and co-browsing capabilities. Tagove allows businesses to communicate more effectively with their customers and increase sales/conversions and, inevitably, a better customer experience.

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