Borrowers Rate Citi Number One Securities Lender for Emerging Markets Capability in Annual Survey
New York, NY - October 18, 2012 – For the third straight year, Citi has been rated Number One for Emerging Markets Securities Lending Capability in the Global Investor/ISF annual Equity Lending Survey. Citi also received the Number One ranking in Regional Lending in Europe, Middle East and Africa.
“We’ve made a strong commitment to excellence in securities lending, especially in emerging markets, and are very pleased with these results,” said David Martocci, Global Head of Securities Finance, Citi. “Our scores improved in every category the survey measured.” Martocci noted that Citi’s actual rank improved in 16 of the 19 service categories polled by the magazine. “Leveraging our access to a deep and broad supply base as well as innovative trading strategies is key to delivering successful programs for our clients. This survey reinforces the importance of this approach.”
As part of a suite of investment services delivered through Citi OpenInvestorSM, OpenLend is an award-winning, open architecture securities lending solution that leverages Citi’s global presence and robust risk management controls to help clients achieve their performance objectives.
“Citi is very good at providing us with a diverse pool of supply in both developed and emerging markets,” one survey respondent commented. “Citi is a valuable relationship for us both regionally in the Americas and across the globe. Relationship management, global focus and breadth of supply differentiate Citi from its peers.”
The Global Investor/ISF Equity Lending Survey, now in its 14th year, measures perceptions of the quality of service provided by lenders to borrowers, and by borrowers to lenders. Citi was benchmarked against 17 peers in the equity lending space.
Citi OpenInvestor® is the investment services solution for today’s diversified investor that combines specialized expertise, comprehensive capabilities and the power of Citi’s global network to help clients meet their performance objectives across asset classes, strategies and geographies. Citi OpenInvestor provides complete investment services for institutional, alternative and wealth managers through middle office, fund services, custody, investing and financing solutions that are focused on their specific challenges and customized to their individual needs.
Citi Transaction Services, a division of Citi’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 95 countries, Citi’s Transaction Services supports over 65,000 clients. As of the third quarter of 2012, it held on average $415 billion in liability balances and $12.8 trillion in assets under custody
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. 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 | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://new.citi.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi