 Awards for Excellence 2010 |
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| Best Global transaction banking house: Citi | |
| Also nominated: Bank of America Merrill Lynch, Deutsche Bank and HSBC |
In Euromoney’s 2009 Awards for Excellence, Citi floundered in transaction banking as a result of the bank’s broader problems: clients sought to avoid concentration risk with an institution that had to be supported by the US government. Moreover, some questioned whether or not Citi could maintain its global presence and massive technology investment budget given its new stakeholders.
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