Citibank Europe plc, is a subsidiary of
Citigroup
Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services company based in New York City. The company was formed in 1998 by the merger of Citicorp, t ...
that operates in Europe. It is headquartered in Ireland.
History
Citibank commenced operations in Ireland in 1965.
In 2015, the division shifted its retail banking headquarters from London to Dublin. At that time, it employed 4,300 people.
Also in 2015, the Hungarian retail operations were acquired by
Erste Group
Erste Group Bank AG (shortened version Erste Group) is an Austrian financial service provider. It is one of the largest financial service providers in Central and Eastern Europe serving more than 16 million clients in over 2,000 branches in seven ...
.
In 2018, the company formed a new bank as a result of a reorganization due to
Brexit
Brexit (, a portmanteau of "Britain" and "Exit") was the Withdrawal from the European Union, withdrawal of the United Kingdom (UK) from the European Union (EU).
Brexit officially took place at 23:00 GMT on 31 January 2020 (00:00 1 February ...
.
In September 2023, CEO Kristine Braden resigned after less than a year on the job. The division also announced layoffs. Nacho Gutierrez-Orrantia was then named head of Citibank Europe.
See also
*
List of banks in Europe
This is a list of banks in Europe.
Largest banks in Europe
The top 25 largest banks in Europe by total assets under management, as of September, 2024.
Albania
Andorra
Armenia
* HSBC Bank Armenia
* ACBA-Credit Agricole Bank
* Ameriaba ...
References
External links
Citibank Ireland website
Citigroup
Banks of the United Kingdom
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