CITI AGENCY AND TRUST TOPS OVERALL ISSUING AND PAYING AGENT RANKINGS FOR Q1-Q3 OF 2010
London - October 21, 2010 – Global Transaction Services business announced today announced that its Issuer Services Agency and Trust division in Europe, the Middle East & Africa (EMEA) has been ranked as the number one overall Issuing and Paying Agent for Q1 through Q3 of 2010 by Dealogic, a data service provider and platform for investment banking and capital markets professionals across the globe. The overall top ranking by Dealogic includes the Commercial Paper, Medium Term Notes, and Total Debt sectors.
Citi is the number one Issuing and Paying Agent for newly established Medium Term Note Programs signed in the first three quarters of 2010, with a 50 per cent market share. Across the market as a whole Citi had a further 37 per cent market share of Total Debt Issued by value.
Andrew Mulley, Head of Issuer Services, EMEA, Citi, said, "We have a client-centric business that has delivered best-in-class capabilities to our clients. This ranking reflects recognition of this and the continuing confidence of our clients. Citi’s Issuer Services provides unique opportunities for clients to drive tailored solutions, enhanced product offerings and innovation around their transaction needs".
Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. 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.
About Global Transaction Services
Global Transaction Services, a division of Citigroup’s Institutional Clients Group, offers integrated cash management, trade, and securities and fund services to multinational corporations, financial institutions and public sector organizations around the world. With a network that spans more than 100 countries, Citigroup’s Global Transaction Services supports over 65,000 clients. As of the third quarter of 2010, it held on average $340 billion in liability balances and $12.4 trillion in assets under custody. For more information on Citi’s Global Transaction Services, visit www.transactionservices.citigroup.com/transactionservices/home/