Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Globally, 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.
Citi in Australia reflects the global Citi organisation structure with its two major business divisions - Global Consumer Group and Institutional Clients Group. The respected brands of Citibank and Diners Club come together under the consumer group while the institutional business operates as Citi. Citi Institutional Clients Group includes investment and corporate banking, capital markets, transaction services, private banking and alternative investments. It is one of the few investment banking groups in Australia with a full range of services and the ability to tap capital and expertise around the world. Citi also has a 49% stake in Morgan Stanley Smith Barney, one of Australia's leading wealth management firms.
Citi counts more than one million Australians and one thousand local corporate, foreign multinationals and institutional clients as valued clients.
The company employs two thousand people, with operations in Sydney and Melbourne and a branch network across the country. It is also home to a number of Asia Pacific regional operations, and is an important part of the global and regional business.
Citibank is the brand name used for Citi’s Consumer banking business. It provides products and services to affluent and aspiring affluent consumers in Australia with global banking needs and also offers a full suite of consumer banking products including savings and transaction accounts, credit and debit cards, mortgages, insurance and wealth management.