NEWS
Banks' Venture Capital Arms Stay the Course Despite the Stresses on Startups
American Banker (Subscription req'd) • Catherine Leffert
March 16, 2023
"We...identify companies that are working in areas of interest, invest in those companies, and then try to drive a partnership between these companies and the appropriate group in Citi," said Head of Citi Ventures Arvind Purushotham in a recent American Banker article. "We develop relationships around the organization so that we are…aligned with the strategic priorities of the various business units and various functions [and] are able to bring those two things together."