Citigroup Corporate and Investment Bank - Announcements, Interviews & News Stories

TraderTools partners Citi to develop LightFX for relationship pricing

TraderTools Inc. (TraderTools), which provides the only complete, integrated FX trading platform available on the market, announced today that it has partnered with Citi's Prime Finance to offer LightFX, the world's first and only fully-disclosed, relationship-based FX pricing and aggregation service. The prime-based, hosted service is expected to be launched by mid-second quarter 2011.

18 April 2011

/payments

Citi joins Syncada financial supply chain network

Today Syncada, LLC announced that Citi's Global Transaction Services is joining the Syncada from Visa network.

29 March 2011

/wholesale

Citi expands OpenWealth platform

Citi today announced that it has expanded its OpenWealth platform to include a complete package of trust accounting, operations outsourcing and custody services. Investors are increasingly demanding new products, more detailed reporting and a higher level of service from their wealth managers.

01 March 2011

/regulation

CME deals with ten leading banks for IRS clearing

CME Group, the world's leading and most diverse derivatives marketplace, today announced it has executed a non-binding term sheet with a group of 10 global swap dealers, who will serve as founding members in support of CME Group's clearing service for over-the-counter (OTC) interest rate swaps.

15 February 2011

/wholesale

Citi Securities swells electronic markets team

Citi's Securities and Fund Services announced today that its Electronic Markets business has appointed a number of experienced industry professionals to senior positions in its global team to enhance its client-facing organization. The business is part of Citi Global Transaction Services, and includes the CitiDirect® suite of products, CitiConnect, Execution-to-Custody and a variety of other connectivity solutions.

15 September 2010

/retail

Finra fines Citigroup $650,000 for stock borrower failings

In its first enforcement action involving a broker-dealer stock borrow program, the Financial Industry Regulatory Authority (FINRA) announced today that it has fined Citigroup Global Markets, Inc. $650,000 for disclosure and supervisory violations relating to the operation of its Direct Borrow Program (DBP).

07 April 2010

/regulation

CLS/Icap FX trade aggregation joint venture launches

CLS Group and Traiana, an ICAP company (IAP.L), today announced that the joint venture (CLSAS) to provide trade aggregation services to participants active in the over-the-counter FX market has gone live, heralding a new chapter in operational risk reduction and banking industry collaboration.

26 January 2010

/wholesale

DSTi names Tom Abraham CEO

Tom Abraham will join DST International (DSTi) as chief executive officer (CEO) in spring 2007.

14 February 2007

/retail

Computershare teams with Citigroup to deliver international payment services

Computershare (ASX: CPU), one of the world's leading financial services and technology providers for the global securities industry, has partnered with Global Transaction Services - a business of Citigroup Corporate and Investment Banking - in the provision of international payments services to its corporate clients and their shareholders.

12 December 2006

/wholesale

Citigroup launches direct custody and clearing services in Sweden

Citigroup Corporate and Investment Banking today announced it would provide direct custody and clearing (DCC) services to clients in Sweden, making Citigroup the only global bank offering a full suite of DCC and cash services in the country.

12 October 2006

/Sibos

Citigroup to link CitiConnect securities system with Clearstream and Euroclear funds services

The order-to-settlement transaction management system from Citigroup Global Transaction Services will now give institutional clients access to Vestima+, Clearstream’s automated order routing service for the investment funds industry, which now accepts Swift XML ISO 20022 messages. Citigroup has also integrated with Euroclear's FundSettle order processing platform.

12 October 2006

/wholesale

Principal Global Investors signs with Citigroup for SMA services

Global Transaction Services, a business unit of Citigroup Corporate and Investment Banking, today announced that it has been appointed by Principal Global Investors to be a service provider for the asset manager's retail separately managed accounts (SMA) business.

18 July 2006

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