Company type | Subsidiary |
---|---|
Industry | Banking, financial services |
Founded | 1902 |
Headquarters | 1 North Wall Quay Dublin 1 Republic of Ireland |
Area served | Europe, Middle East, Africa |
Products |
Retail banking Commercial banking Investment banking Private banking Financial analysis |
Parent | Citigroup |
Citibank Europe plc, is a subsidiary of Citigroup that operates in Europe. It is headquartered in Ireland.
Citibank commenced operations in Ireland in 1965. [1]
In 2015, the division shifted its retail banking headquarters from London to Dublin. At that time, it employed 4,300 people. [2]
Also in 2015, the Hungarian retail operations were acquired by Erste Group. [3]
In 2018, the company formed a new bank as a result of a reorganization due to Brexit. [4]
In September 2023, CEO Kristine Braden resigned after less than a year on the job. [5] The division also announced layoffs. [6] Nacho Gutierrez-Orrantia was then named head of Citibank Europe. [7]