Citibank Canada

Citibank Canada
Citibank Canada
Type Public
Industry financial services
Founded Toronto, Ontario, 1954
Headquarters Toronto, Montreal, Calgary, London, Ontario and Vancouver
Total assets CAD
Employees (Full-time equivalent, 2009)
Website Citibank Canada

Citibank Canada (French: Citi Canada) is a unit of Citigroup of New York City. The Canadian unit has been operating since 1954, with Canadian headquarters in Toronto. There are also offices in Montreal, Calgary, London, Ontario and Vancouver.

Following the merger of Toronto-Dominion Bank and Canada Trust, Citibank bought Canada Trust's MasterCard business and clients.

In June 2010, CIBC said it has signed a deal to buy a $2.1-billion credit card portfolio from Citigroup’s Citibank Canada Master Card business[1].

Contents

Services

Citibank Canada offers services in:

  • Investment and corporate banking
  • Capital services
  • Credit services sold to CIBC
  • Online banking Closed
  • Citigroup Technology Center in Matheson Blvd in Mississauga sold to L&T Infotech Dec 2010
  • Citibank Canada Capital Markets Technology Center in Mississauga

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.

External links

References


Wikimedia Foundation. 2010.

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