Citi Private Bank

Citi Private Bank is the private banking business of Citi. It serves wealthy individuals and families, along with family offices, professional investors, entrepreneurs, lawyers and law firms, and endowments and foundations. The bank describes its service as customized private banking that crosses borders.

The bank's history goes back to 1812, when City Bank of New York was founded. The site says the bank has served clients for over 200 years. It began trust and estate planning in 1820 and entered the foreign exchange business in 1897.

The bank offers investment services. These include capital markets, investment management, alternative investments, hedge funds, co-investments, sustainable investing and portfolio analytics. Its banking services include treasury management, custody services and commercial real estate financing.

The custody business holds assets for clients and handles securities processing and trade settlement. It also collects income and gives consolidated reports on a client's holdings. The site says Citi has $24 trillion in assets under custody and administration.

Aircraft financing is one of the bank's lifestyle services. Citi says it combines aviation industry experience with private banking. It helps clients find, buy and finance a private aircraft. Clients can also use loans to upgrade an aircraft or free up equity in one they already own. The bank works with aircraft brokers, acquisition consultants and aviation attorneys. In some countries it can offer private plane finance leases.

Other lifestyle services include home financing, art advisory and finance, and sports financing. For law firms, the bank offers advisory services and escrow. Family offices can get advisory and custody services. Legacy services cover wealth and estate planning, philanthropic advisory and a next generation wealth program.

The site is available in English, Simplified Chinese and Traditional Chinese. Citi Private Bank is a business of Citigroup Inc. The site notes that investment products are not FDIC insured and may lose value.

Services

• Capital markets
• Investment management
• Alternative investments
• Portfolio analytics
• Treasury management
• Custody services
• Aircraft financing
• Commercial real estate financing
• Art advisory and finance
• Wealth and estate planning