Citi Receives 'Top Rated' Rankings In A Record 12 Markets In Global Custodian's 2007 Agent Banks In Major Markets Survey
SIBOS: BOSTON, NEW YORK – Citi Markets & Banking today announced that it has received 'Top Rated' rankings in a record 12 markets in the 2007 Agent Banks in Major Markets survey conducted by Global Custodian. Specifically, Citi was cited for its agent banking expertise in all five major markets across Asia included in the survey, as well as in six major European markets and Canada. Citi's total of 12 'Top Rated' rankings is an increase of two over the 2006 survey results.
"We are very pleased with our record showing in this year's Global Custodian survey," says Andrew Gelb, Managing Director & Global Head of Direct Custody & Clearing, Securities and Fund Services, Citi Markets & Banking. "Because the findings represent our real-world performance in the world's major markets, the survey results confirm the consistent high quality of Citi's custody & clearing services around the globe. This is one of our primary business objectives and an attribute highly valued by our clients."
The Global Custodian Agent Banks in Major Markets survey, now in its 19th year, measures the perception of quality of the custody, clearing and settlement services provided to banks, broker/dealers, fund managers and other key market participants. Citi is rated in 19 of the 25 major markets covered in the Global Custodian survey.
Citi Markets & Banking is the most complete financial partner to corporations, financial institutions, institutional investors and governments in the world. As a global leader in banking, capital markets, and transaction services, with a presence in many countries dating back more than 100 years, Citi enables clients to achieve their strategic financial objectives by providing them with cutting-edge ideas, best-in-class products and solutions, and unparalleled access to capital and liquidity.
Citi, the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries, providing 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, and wealth management. Major brand names under the trademark red arc include: Citibank, CitiFinancial, Primerica, Citi Smith Barney and Banamex. Additional information may be found at www.citigroup.com or www.citi.com.