Type Public Total assets CAD Headquarters Toronto, Canada Number of employees 3,400 | Industry financial services Website Citibank Canada Founded 1919, Toronto, Canada | |
CEO John Hastings (6 Jul 2010–) Parent organizations Citigroup, CITIBANK OVERSEAS INVESTMENT CORP Subsidiaries CitiCapital Commercial Corp, Bershaw & Company | ||
Citi Canada (French: Citi Canada) is a unit of Citigroup of New York City. With roots in Canada dating back to 1919, the Canadian unit currently employs approximately 3,000 financial services workers in a range of consumer and institutional businesses. Citi Canada is headquartered in Toronto, with offices in Calgary, London (Ontario), Montreal, Mississauga and Vancouver.
Citi's major business lines in Canada are as follows:
Citi Transaction Services - Citi Canada’s Transaction Services organization is a provider of securities and fund services to the Canadian fund industry. The company also offers integrated cash management, treasury, trade financing, custody, clearing, securities financing, depositary receipt, and agency and trust services to multinational corporations, financial institutions and public sector organizations. Citi Transaction Services employs 1,000 financial services workers in Toronto, Mississauga, Montreal, Ottawa and Calgary.
Citi Corporate and Investment Banking - In Canada, Citi’s Corporate and Investment Banking business offers investment and corporate banking services to a wide range of clients in various sectors and industries, including metals and mining, energy, manufacturing and telecommunications. Citi has Corporate and Investment Banking offices in Toronto, Calgary and Montreal.
Citi Markets - Canada's Citi Markets team provides for corporations, governments, and institutional and retail investors through Citi’s underwriting, sales and trading, and distribution capabilities.
Citi Private Bank - Citi Private Bank is the largest non-Swiss private bank in the world. In Canada, Citi Private Bank’s wealth management capabilities include investment advice and portfolio management, business financing, risk management, trust and estate services, foreign currency trading, real estate financing and investments, as well as art and family advisory practices. Citi Private Bank has offices in Toronto, Montreal and Vancouver.
Citi Cards Canada - Citi Cards Canada is a provider of private label credit and charge cards for retail partners including The Home Depot. Citi Cards Canada is based in Mississauga and London, Ontario.
CitiFinancial - CitiFinancial, part of Citi in Canada since 1998, is Canada’s leading community-based lender and retail services provider, with more than 200 locations across the country.
Membership
Citibank Canada is a member of the Canadian Bankers Association (CBA) and registered member with the Canada Deposit Insurance Corporation (CDIC), a federal agency insuring deposits at all of Canada's chartered banks. It is also a member of MasterCard.