Citibank Worldwide Securities Services
Citibank Worldwide Securities Services (WWSS) is a unit of
Citigroup's of Global Corporate and Investment Bank. WWSS
serves global issuers, investors and intermediaries through
the industry's largest proprietary network, spanning 51countries.
It currently provides securities services to more than 2,500
customers worldwide and has $4 trillion in assets under custody.
WWSS is the industry's premier custodian of cross-border assets,
top ranked global clearer and recognized leader in depositary
receipt services, and agency and trust services. The local
presence of WWSS, supported globally by Regional Service Centers,
ensures clients of consistent transaction processing worldwide,
proprietary control of clearing cycles and reduced risk in
all cross-border securities transactions.
With a global leadership position in virtually every market
served, Worldwide Securities Services offers corporate and
institutional clients the full spectrum of custody, trust
and safekeeping services. Citibank is capable of handling
end-to-end transactions on a global scale that few financial
institutions can match. We have been consistently recognized
for our excellent execution, global consistency and local
market expertise. Citibank is rated Most Acclaimed Network
by the Global Custodian magazine (Industry Benchmark) - with
38 countries Top rated
Citibank's core custody product offers a range of services
which include safekeeping, settlement, cash processing, income
collection and corporate actions, proxy voting services and
Securities Services in Pakistan
Citibank was the first foreign bank to offer custody services
in Pakistan. We offer a full range of services under our core
custody product with the capability of offering value-added
services such as Escrow and Depository Services. Citibank's
execution capabilities cover a broad range of financial instruments,
which includes equities, corporate, and government bonds and
money market instruments. We have experience of operating
in both the physical and scripless environment and have consistently
demonstrated our ability to service the client's needs by
maintaining high service standards.
We have a highly experienced team of professionals with strong
local market expertise and skills who have extensive experience
in dealing with local market participants such as brokers,
companies, and regulatory bodies such as the stock exchange
and the central depository.
Citibank has played a major role towards the development
of a condusive framework to facilitate foreign portfolio investment
through its close interaction with different regulatory bodies.
The bank was rated as 'Commended' with the highest scores
in the Global Custodian Survey (Industry Benchmark) for 1999
for its service excellence.