New Projects for the Interns

This week we have only worked two days (Tuesday and Wednesday) because Monday was President's day. However, so far this week we have been very busy with new projects given to us from different people. In the GTS office we have been concentrating a lot on the local and international liabilities: these are two terms that describe the different local and international accounts our clients keep their money. Yesterday and today, however, we have been doing research on large logistics / freight transportation companies for an analyst that works with product design. She has come up with a new design that will allow a large logistics company to use one of our existing products (worldlink-->basically an easy to use cross border money transfer from one account to another) to allow their own clients to have access to it, and in the mean time eliminate the smaller banks that act as middlemen. Our job is to find the biggest companies we can find, figure out where their headquarters is located, and investigate each of their market reaches.

Aside from the company research project, I worked on the Monthly Liability Report that is essentialy the same thing as the weekly liabilities report, exceot that the monthly report includes local liabilites, and we get the information from a main spreadsheet that is sent to us each month with updated numbers in stead of on citi's website.