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613 Results from "Citi"

/payments

Citi and GT Nexus team on EIPP offering for ocean logistics industry

Citi's Global Transaction Services (GTS), a business unit of the leading financial services company, and GT Nexus, today announced a strategic partnership to deliver an electronic invoice presentment and payment (EIPP) solution to the ocean logistics industry.

/wholesale

Twin Haven Capital Partners taps Citi for hedge fund administration services

Citi today announced that it has been awarded a mandate by Twin Haven Capital Partners to provide the alternative asset management firm with a comprehensive portfolio of back- and middle-office administration services, including bank debt administration.

/Sibos

Citi and Bank of China sign RMB remittances agreement

Citi's Global Transaction Services has entered into a Renminbi (RMB) remittance distribution agreement with Bank of China Limited. By partnering with Bank of China's New York branch, Citi can now offer clients RMB cross-border funds transfers to China.

/Sibos

Citi wins Mirae mandate

Citi's Securities and Fund Services, a division of Global Transaction Services, has been mandated by South Korea's Mirae Asset Management to provide an array of fund services for its newly launched Luxembourg Sicav (Mirae Asset Global Discovery Fund). The landmark deal draws on the shared processing capabilities of Citi Securities and Fund Services Europe and Asia Pacific teams to successfully support Mirae Asset Management's expansion into new markets.

/Sibos

SunTrust and Citi announce international trade product alliance

Citi's Global Transaction Services business and U.S - based SunTrust Bank announced today that they have entered into a trade alliance which will help serve the growing international needs of SunTrust's corporate clients.

/Sibos

Erste Bank joins Citi Connect

Citi announced today that its Global Transaction Services business has been awarded a new mandate from Erste Group Bank AG. The Vienna-based banking group which serves more than 17 million clients in Central and Eastern Europe (CEE), has now joined the CitiConnect for Securities platform. Erste will be added as a third party broker, and will be able to accept electronic orders for Central and Eastern European markets including, Austria, Poland, Hungary, The Czech Republic , Croatia, Romania, Bulgaria, Serbia, The Slovak Republic, Slovenia, Lithuania, Latvia, Estonia, Turkey and Russia.

/Sibos

Citi launches third party clearing in Singapore

Citi Securities and Fund Services, a division of Global Transaction Services, has officially launched third party clearing services on Singapore Exchange Limited (SGX). By using this service, market participants in Singapore can gain direct market access by allowing Citi to handle clearing and settlement functions.

/Sibos

Agricultural Bank of China and Kookmin partner with Citi for international payments

Citi's Bank Services Group, a division of Global Transaction Services, has announced a partnership with Agricultural Bank of China. Under the landmark mandate, Citi will provide the Agricultural Bank of China with international payments processing for on-site check services that enable expansion of its banking services to consumer clients.

/wholesale

CitiFX Pro launches in Switzerland

Citi (NYSE:C) has launched CitiFX Pro, its online foreign exchange trading platform for active individual and small institutional traders, in Switzerland.

/wholesale

Nasdaq OMX and finance firms plan platform for 144A equity securities trading

The Portal Alliance LLC, owned by a group of leading securities firms and The Nasdaq OMX Group (Nasdaq:NDAQ) (NASDAQ OMX), today announced the formation of The PORTAL Alliance and its intention to operate a platform to facilitate the over-the-counter trading of 144A equity securities among qualified institutional buyers ("QIBs").

/wholesale

CitiFX Pulse launches in Russia

Today Citi announced the launch in Russia of a new electronic execution platform called CitiFX Pulse. When developing CitiFX Pulse, Citi utilized the existing internet infrastructure, bringing to its clients cutting-edge, professional in-house technology in a user-friendly format.

/retail

Citi sells three credit card portfolios

Citi today announced the sale of its entire ownership interest of three North American partner credit card portfolios representing approximately $1.3 billion in managed assets.

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