Wednesday, October 1, 2025
spot_img

Citi Commercial Bank launches in Canada; will hire 900 people

spot_img
- Advertisement -

Citi has launched Citi Commercial Bank (CCB) in Canada as part of a global expansion announced earlier in 2022.

Citi Commercial Bank (CCB) delivers Citi’s wide array of institutional products and solutions to meet the evolving needs of mid-size corporates as they grow rapidly and expand internationally.

A division of Citi’s Institutional Clients Group (ICG), Citi Commercial Bank was established in 2011 as a global coverage business to reach the vast middle market space.

It has grown significantly to support companies headquartered in nearly 40 countries, now including Canada, and their global subsidiaries around the world in over 90 countries.

Citi Commercial Bank (CCB) recently announced plans to hire 900 people, including more than 400 commercial bankers, over the next three years globally.

Citi has recently hired Casey Coates as the Head of CCB for Canada. Previously, Casey was a Managing Director at another Canadian firm, where he led coverage for Global Corporate and Institutional Banking clients.

Raymond Gatcliffe, Head of CCB North America said, “Around the world, medium-sized companies are quickly outgrowing the capabilities of local and regional banks. We are pleased to be able to offer these clients the same capabilities that we offer the world’s largest companies, customized to their specific needs.”

John Hastings, CEO of Citibank Canada said, “As mid-sized organizations increasingly look to offer their products and services in the global markets, this is the perfect time for us to enter this important business segment in Canada.”

“Citi Commercial Bank is complementary to our existing institutional banking and Citi Private Bank offerings. As a result, we expect to be able to hit the ground running”, John Hastings added.

Citi is one of Canada’s largest and longest-serving foreign banks, and a significant employer across the country, with seven business lines and offices in Toronto, Mississauga, Montreal, Calgary, and Vancouver.

spot_img

Editorial

Why TCS Deferred FY25 Salary Hike: Better Hike Ahead?

TCS had initially announced its annual salary hike during...

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Must Read

Light appoints Pratik Soyantar as Chief Human Resources Officer

A leading finance company in India, Light has appointed...

You don’t need money to have fun: Pichai told staff on cost cuts

Search engine giant, Google's CEO Sunder Pichai told at...

RECRUPTION -Talent Acquisition

Gone are the days: When the supply of candidates...

Infosys and Wipro: Pioneering the Future of GCCs in India

In the rapidly evolving sphere of global business, India...

Daimler awards 1,000 euro “Corona bonus” to German employees

Daimler awards 1,000 euro "Corona bonus" to German employees German...

ESIC issues rules for COVID-19 safety measures at work

ESIC Issues Guidelines for COVID-19 Safety Measures at Workplace Dr....

HPCL names its Director HR Pushp Kumar Joshi as new Chairman & MD

Hindustan Petroleum Corporation Ltd (HPCL), a subsidiary of state-owned...

Unlocking Employee Potential: Strategies for Growth and Retention

With talent competition fiercer than ever and workplace expectations...

Related Articles

Sheenu Pradhan
Sheenu Pradhanhttps://sightsinplus.com/
Sheenu Pradhan, Editor Content, SightsIn Plus. She has over 8 years of experience in human resources. Prior to this, she has been associated with Wictor Chemicals India, Wipro, and Shakti Plas Industry.