The world’s best bank for payments and treasury 2023: Citi

Citi’s crown jewels sparkle in a record-breaking year for the business.

Citi chief executive Jane Fraser’s oft-cited observation that its treasury and trade solutions (TTS) businesses are the bank’s crown jewels gives some indication of just how important these businesses are to the top of the firm.

The numbers are impressive. Citi transacts in 145 currencies, is a member of 280 clearing systems globally and in the third quarter of 2022 had almost 10% of the large institutional segment globally, according to Coalition Greenwich.

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