CITI WINS 13 EUROMONEY AWARDS FOR EXCELLENCE
CITI CEO VIKRAM PANDIT NAMED BANKER OF THE YEAR
London and New York - July 8, 2010 – Citi announced today that it received 13 major product and regional awards in the annual Euromoney Awards for Excellence including Banker of the Year honors for Vikram Pandit, Chief Executive Officer of Citigroup.
"I am deeply honored that Euromoney has recognized the significant progress we are making at Citi" said Mr. Pandit. "By focusing on being a bank dedicated solely to serving its clients and taking advantage of our unique global footprint, we have put all the elements in place for long-term profitability and success. This recognition would never have been possible without the dedication and hard work of our 263,000 employees around the world, and I am proud to accept this award on their behalf."
Citi was also awarded Best Global Transaction Banking House for its Global Transaction Services business, which offers integrated treasury and trade solutions and securities and fund services to multinational corporations, financial institutions and public sector clients in over 100 countries around the world. Citi Global Transaction Services processes over $3 trillion in worldwide transactions daily, serving 96% of the world’s Fortune 500 companies.
Francesco Vanni d’Archirafi, Chief Executive Officer of Global Transaction Services at Citi said, "We are delighted to be recognized by Euromoney for our transaction services business globally and across five regions. The power of this business lies in our ability to serve our clients locally, regionally and globally, wherever they do business in the world. Citi is continuing to invest in our people and our technology as a priority, to ensure we remain at the forefront of innovation with our clients and deliver solutions that realize their aspirations for the future, today."
Leveraging its global presence and product expertise, Citi also was awarded:
- Best Investment Bank in the Caribbean
- Best Investment Bank in India
- Best Cash Management House in Africa
- Best Cash Management House in Asia
- Best Cash Management House in Central and Eastern Europe
- Best Cash Management House in Latin America
- Best Cash Management House in North America
- Best Debt House in Colombia
- Best Debt House in Mexico
- Best Equity House in Hong Kong
- Best Equity House in the Middle East
The Euromoney Awards for Excellence, currently in their 19th year, continue to be among the most respected awards in the financial services industry.
Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 140 countries. Through Citicorp and Citi Holdings, Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Additional information may be found at www.citigroup.com or www.citi.com.