A bank can offer a wide range of financial products with the most sophisticated of structures across a host of countries, but if it cannot process the paper and payments they generate, the exercise is useless. That’s why one of Euromoney’s new awards is the bank best at transaction services.
Citibank is a leader in this area and its staff emphasize that while such operations are usually associated with cash management, custody and trade services, they are equally important in corporate finance and capital markets.
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