Citi - Announcements, Interviews & News Stories

Citi wins Dorsal hedge fund admin mandate

Citigroup today announced that Citi® Investor Services, part of Citi's Global Transaction Services business, has been chosen by Dorsal Capital Management to provide a suite of administrative services for their hedge fund launched in Q4 of 2009. The fund administration solutions Citi is providing include fund accounting and transfer agency.

11 May 2010

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Citi inks depository agreement with Bahrain Stock Exchange

Citigroup, through its Global Transaction Services business, today signed a Depository Agreement with the Bahrain Stock Exchange (BSE) at BSE's new offices at the Financial Harbour.

11 May 2010

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Diebold bags ATM outsourcing deal with Citi in Russia

Diebold, Incorporated (NYSE:DBD) a global leader in providing integrated self-service delivery and security systems, today announced a multiyear automated teller machine (ATM) outsourcing and deployment agreement with ZAO Citibank (a full subsidiary of Citi in Russia), one of the leading banks in the country.

26 April 2010

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Citi launches AutoFX Passive Hedge service

Citigroup's Global Transaction Services and Foreign Exchange & Local Markets (FXLM) Group today announced the launch of the AutoFX Passive Hedge service, leveraging the key functionality of Citigroup's AutoFX offering to provide institutional asset owners with a completely passive, automated hedging capability to lower foreign exchange (FX) risk.

20 April 2010

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Citi prize draw to reward customers for going paperless

Citi cardmembers and Citibank customers are winning green for going green. Advancing its commitment to making a difference in the environment, Citi is launching an eco-promotion by Citi Cards, a leading provider of credit cards, and Citibank to give away $30,000 in cash prizes to encourage customers to go paperless. In addition, Citi will donate 10,000 trees to the Arbor Day Foundation's Trees for America program. This latest earth-friendly initiative is part of Citi's on-going worldwide effort to deliver tangible benefits to customers who want to reduce their paper waste.

20 April 2010

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Citi launches operating platform for hedge funds

Citigroup today announced that Citi Investor Services, part of the Global Transaction Services business, has launched a new global operating platform specifically for hedge funds.

19 April 2010

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Citi hires Luet from Visa to head up Citicorp Emea consumer business

Citi (NYSE:C) has hired Marc Luet as head of Citicorp Consumer in Europe, the Middle East and Africa (EMEA), where he will be responsible for further expanding the bank's leading presence in emerging markets.

12 April 2010

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Citi introduces same-day card issuance in Hong Kong

Citibank has set a new standard for Hong Kong's credit card industry by introducing the city's first Same-day Card Issuance Service at branches, which substantially reduces the current credit card approval cycle from days to an hour.

12 April 2010

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Citi launches algo trading platform

Today Citi announced it has launched a next generation algorithmic trading platform for its institutional equity trading clients.

31 March 2010

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Citi taps Landry to head Canadian global transaction services business

Citi is pleased to announce the appointment of John Landry as Head of its Global Transaction Services business in Canada.

31 March 2010

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Citi LavaFlow ECN quotes migrated To National Stock Exchange

Citi's LavaFlow ECN (FLOW) has completed the migration of its public quotations to the National Stock Exchange (NSX), the two organizations jointly announced today.

08 March 2010

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Citi appoints David Aldred GTS Emea industrial sectors head for corporate clients

Citigroup's Global Transaction Services business today announced that it has appointed David Aldred as the Industrials Sector Head for corporate clients in the Europe, Middle East and Africa (Emea) region.

02 March 2010

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