Citibank Preparing Push Into Bay State
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| Wayside Commons in Burlington reportedly will be the home of one of Citibank’s planned “investment centers” in Massachusetts. The centers would mark the first banking presence in the Bay State by Citigroup Inc., the nation’s largest financial services company. |
By Andrea Gregory
In what appears to be an opening salvo for Citigroup Inc. coming into Massachusetts, the New-York-based operation is said to be shopping in the Boston area for branch locations. It already has auto loan and mortgage locations in Massachusetts, but the nation’s largest financial services company has never had a banking presence here.
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