NEW YORK--(BUSINESS WIRE)--Citi has been awarded a mandate from John Hancock Group of Funds to provide global custody and fund accounting services to support 27 International/Global US registered Mutual Funds, with assets of $29.1 billion.
With over 60 proprietary branches and agent banks covering 106 markets, Citi is a leading provider of global custody services, combining local market expertise and a common global platform to deliver consistent, scalable and flexible solutions that support its clients’ most complex custody needs.
“This mandate is a testament to the talent of our global funds teams and the reach of our enhanced global custody platform,” said Patrick Curtin, Global Head of Sales and Client Management for Global Custody, Fund Services, and Agency Lending, Citi. As John Hancock’s ambitions spread globally and its needs become more complex, we are looking forward to delivering the advantage of our full spectrum of services to support their evolving needs.”
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
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