Most notably among 2020 SPACs was the $4.0 billion blank check company sponsored by Pershing Square Capital Management whereby Citi served as left lead on the transaction. Louisville, KY 40233-5004 "Citi is an incredible institution with a proud history and a bright future. During an unprecedented year marked by the pandemic, we actively engaged with cardholders to ensure we met their evolving needs. Citi played multiple roles in the effort: Low Income Housing Tax Credit investor; construction loan administrator; and Letter of Credit provider guaranteeing construction completion. We conceive of sustainability as the only safe way to do business. The Highlander Solar Facility is also known as Spotsylvania Solar Energy Center. The Private Bank is dedicated to helping the world's wealthiest individuals, families and law firms protect and responsibly grow their wealth. Browse and download our quarterly and annual reports, presentations and other relevant operating and financial information. "This new Term Loan represents a continuation in our journey to align the company's financing to our climate strategy while building on our longstanding banking relations," said CEMEX CFO Maher Al-Haffar. Based on the belief that client experience is the driver of sustainable differentiation, TTS has focused its efforts on transforming its business to deliver a seamless, end-toend client experience through digital capabilities, client advocacy, network management and service delivery across the entire organization. Fewer than 50% of Africans have access to modern health facilities. They also send an important signal to our colleagues, clients and partners about how we are continuously working to get this right. Moreover, through our flagship decarbonization program, Future in Action, we seek to lead the way in climate action for the building materials industry.. Working through our legacy assets, we optimized our capital base and reduced our net deferred tax assets by more than half, generating $7 billion of regulatory capital in the process. CEMEXs core purpose is to build a better, more sustainable, future, said Fernando A. Gonzlez. In 2020, in a first-of-its-kind partnership, Citibanamex teamed with PepsiCo Alimentos Mexico and Amigo PAQ to advance financial inclusion by enabling access to digital financial tools and lines of credit for shopkeepers to use the CoDi electronic payment platform, offered by Banco de Mxico, in the Transfer Citibanamex app. Climate Science; Climate-smart, Climate-adaptive Infrastructure Systems; Corporate Carbon Disclosures; Energy Science and Engineering; Environmental Justice; Finance; Frontiers in Coupled Human-Natural Systems; Geological Sciences; Harnessing Data and Tech for Ocean Health; Marketing The climate crisis is one of the most critical challenges facing our global society and economy. Distributed by Public, unedited and unaltered, on 07 October 2022 23:31:01 UTC. Citi advised Unilever on its transformational restructuring to create a simpler company with greater strategic flexibility and better positioning for future success. Chief Executive Officer, Citigroup Inc. 1 Tangible Book Value (TBV) is a non-GAAP financial measure. It is a business imperative. Today, eligible existing credit cardmembers are able to request new credit cards that display their chosen name. de C.V. Previously the company had been projecting low-to-mid single-digit Ebitda growth for this year. 540 Crosspoint Parkway Citi's Return on Tangible Common Equity increased from 5.0% to 12.1%, closing the gap with our peers. This press release contains forward-looking statements within the meaning of the U.S. federal securities laws. As a global financial institution, we recognize the opportunity and obligation to drive capital to where it can have the most positive impact. Write to Anthony Harrup at anthony.harrup@wsj.com Citi Public Sector Group worked closely with governments and the public sector to find liquidity alternatives and advised on the issuance of social bonds to support countries in the emerging markets throughout the pandemic. KPTCL,BESCOM, MESCOM, CESC, GESCOM, HESCOM etc., in Karnataka. Action for Racial Equity represents an unprecedented effort to leverage Citi's core business capabilities and the Citi Foundation's philanthropic efforts to change the way we operate and drive systemic change. In the past year, Citi Commercial Bank enhanced our core client and internal applications and significantly improved our processes, reducing client friction and digitizing more of the client experience. Shares Fall After Berenberg Bank Downgrade, Chief Executive Officer & Non-Independent Director, CFO, Executive VP-Finance & Administration. In 2020, Citi entered into an alliance with BlackRock, through its Aladdin business, to enhance the delivery of securities services to Citi's clients who use the Aladdin end-to-end investment management platform. With sustainability at the core of its strategy Holcim is becoming a net zero company, with its people and communities at the heart of its success. [3]We have implemented Water Action Plans in 100% of sites in extremely high water stress areas. Citi, Citi and Arc Design and other marks used herein are service marks of Citigroup Inc. or its affiliates, used and registered throughout the world. With extensive user experience and account management features powered by Google, the Citi Plex Account is designed to integrate seamlessly within Google Pay to deliver a richness of insights and capabilities to empower consumers with a simple, convenient and personal banking experience. de C.V. (CEMEX) announced today that it is reaffirming its commitment to the United Nations Sustainable Development Goals (SDGs), par -, Mexico's Cemex to Assist Construction Technology Startups, CEMEX Launches Startup Accelerator to Strengthen Its Open Innovation Approach, CEMEX, S.A.B. As part of the program, participants' managers engage in group coaching to help them support their Black direct reports and better understand their experiences. We encourage our employees, stakeholders and the general public to submit suggestions, inquiries and report alleged ethics, compliance or governance violations through ETHOS Line, an open and confidential communication channel. Citigroup common stock is listed on the NYSE under the ticker symbol "C." Citigroup preferred stock Series J and K are also listed on the NYSE. Any or all of CEMEX's forward-looking statements may turn out to be inaccurate. In the U.S., as part of a more integrated, multi-product relationship model, we expanded our lending partnership with American Airlines, our partner of more than three decades, to include the Citi Miles AheadTM Savings Account, a new deposit product exclusively for American Airlines co-brand cardholders who reside within the U.S. but outside locations where Citi has a retail branch presence. In 2020, we transformed our flagship annual Family Office Leadership Program - often described by participants as "the Davos for family offices" - into a virtual summit. With digital at the core of our strategy, GCB delivered double-digit growth in deposits, enhanced value propositions and provided an array of digital capabilities, garnering industry accolades for client experience. A growing number of our clients seek to align their investments with their personal values. At year-end 2020, card receivables were $153 billion. This press release contains forward-looking statements within the meaning of the U.S. federal securities laws. Please view this page on the latest version of Internet Explorer or. From there, the Citi Innovation Lab in Tel Aviv developed Proxymity into a market-ready offering in less than two years using a Lean team model and rapid, agile development. Fernando A. Gonzlez, CEMEX CEO, at the sustainability roundtable hosted by UN Secretary-General. With physical cards rapidly digitizing, we continued to expand digital lending capabilities and point-of-sale solutions to give customers ease, convenience and choice in payments. With eight out of 10 U.S. jobs in services, the services sector is the lifeblood of the U.S. economy. If you have any questions regarding investing with CEMEX, this is the place. [6]2030 KPI targets are annual targets. These disclosures hold us accountable for the progress we want to make in being a diverse and inclusive company. To tell them, we created a video series with stories that span the country, found on the Citi Blog under "A Moving Year in Moving Pictures: A Small Business Video Series. With a physical presence in 96 countries, local trading desks in 77 markets and a custody network in 63 markets, we facilitate approximately $4 trillion in financial flows daily. Citi is incredibly proud of what Proxymity has been able to achieve thus far and looks forward to continuing to support the platform as a member of the consortium. Citis Institutional Clients Group is uniquely positioned to take advantage of important, evolving global trends, including environmental, social and corporate governance (ESG), fintech, wellness and mobility. institutions in the country, with top brand recognition, leading market share and an extensive retail branch network complemented by rapid digital and mobile user growth. Browse and download our quarterly and annual reports, presentations and other relevant operating and financial information. Our new strategy also builds on our 20 years of experience measuring and reducing the environmental footprint of our own facilities and operations. These factors may be revised or supplemented, but CEMEX is not under, and expressly disclaims, any obligation to update or correct this press release or any forward-looking statement contained herein, whether as a result of new information, future events or otherwise. Citi's Return on Assets increased from 39 bps to 98 bps. In just its first year, the Citi Impact Fund has invested in 11 companies, the majority of which are founded by women, minorities - and in some cases both - that have the potential to make our cities and communities more equitable and sustainable. For example, Citi disbursed a working capital facility to support Gradian Health Systems, a medical technology company that provides critical equipment to underserved hospitals and clinics across Africa. The initiative was designed to contribute to a fast economic recovery and to create a more resilient society, as well as to reduce structural societal inequalities exacerbated by such crises. ; Accountability Creates Results Stay accountable to new behaviors with strategic action plans and a full year of post-program leadership coaching and support. In 2021, we expanded our slate practice from at least one to at least two women or minorities in our interviews for U.S. hires and at least two women in our interviews for global hires. Citi closed a unique financing for 833 Bryant, a project designed to help confront the growing problem of homelessness. Additionally, we delivered to the market 83 live APIs that collectively reached 1 billion API calls since inception. Within days, we had nearly 200,000 of our colleagues up and running at their kitchen tables and home offices. We recently launched a firm-wide exercise where our 200+ leaders with representation goals on their scorecards are using data to understand where they have representation gaps in their hiring, promotions and retention. Our philosophy is that every member of Citi's team is responsible for this progress in making Citi an even more inclusive and equitable workplace. Since the onset of COVID-19, the percentage of Retail Bank accounts opened digitally has risen to nearly 60% globally as has the use of mobile check deposits in the U.S. Unfortunately, we do not support Internet Explorer 8. In the U.S., our largest consumer market, we expanded our lending partnership with American Airlines, announced private label and co-brand credit card agreements with two new partners, Meijer and Wayfair, and drove robust digital deposit sales. All sustainability-linked loans issued under the Framework have the same metrics and adjustments to the interest rate margin. We teamed up with World Central Kitchen, a nonprofit organization that uses the power of food to heal communities and strengthen economies in times of crisis and beyond, on a program to support hunger relief efforts during COVID-19 while further encouraging digital banking adoption among clients. The content of this press release is for informational purposes only, and you should not construe any such information or other material as legal, tax, investment, financial, or other advice. This figure does not represent the actual number of beneficial owners of common stock because shares are frequently held in "street name" by securities dealers and others for the benefit of individual owners who may vote the shares. With Instant Payments becoming a new norm, enabling our clients to disrupt their business model and shift toward a 24/7, always-on environment, we continue to invest in building a globally consistent Instant Payments proposition, having launched the capability in six additional markets in 2020, taking our global presence to 26 markets. With our high-tech, high-touch relationship model, Citibank serves as a trusted advisor to our retail, wealth management and small business clients at every stage of their financial journey. Proxymity also offers a shareholder disclosure platform that automates shareholder ID requests and eliminates the need for any manual handling. Telephone No. Similarly, Citi's PPP loans were concentrated in the markets where we have a branch footprint, including a high volume of loans in California, Florida, Illinois and New York, which were some of the states suffering most from the economic fallout. The Joint Bookrunners and Joint Lead Arrangers under the Term Loan are BBVA Mxico, S.A., Institucin de Banca Mltiple, Grupo Financiero BBVA Mxico ("BBVA"), BNP Paribas, Citigroup Global Markets Inc., and Mizuho Bank Ltd., New York Branch. The pandemic focused the spotlight on another intensifying global crisis - climate change. This will remove one of the many worries that we all have had when we were introducing our true selves to the world.". George Wimpey was a British construction firm. In 2020, Citi funded more than $3 billion in PPP loans to more than 30,000 businesses across the country that collectively employ more than 300,000 people. 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