NEW YORK--(BUSINESS WIRE)--Citi has been named Clearing Bank of the Year by Global Capital Derivatives, formerly Derivatives Week, at its annual Americas Derivatives Awards gala in New York. The publication recognized the top companies in the financial derivatives industry in the Americas. This is the second consecutive year that Citi has received this honor.
“We are extremely pleased to be recognized for our achievements,” said Jerome Kemp, Global Head of Futures, Clearing and Collateral. “This accolade underscores the exceptional progress achieved through the hard work and dedication of our team. We will continue to invest in the business and expand our services globally.”
“Investors continue to face a dynamic regulatory environment,” said Christopher Perkins, Global Head of OTC Clearing. “As a top priority, we remain committed to servicing our client through a comprehensive range of products that help identify capital and operational efficiencies.”
These achievements build upon previous recognition Citi has received. Earlier this year, Risk named Citi OTC Client Clearer of the Year. In 2014, Citi was named Clearing Bank of the Year by FOW magazine, Client Clearing Provider of the Year by Asia Risk and European Collateral Services Provider of the Year by Custody Risk.
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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