麻豆传媒

Home   News   Features   Interviews   Magazine Archive   Symposium   Industry Awards  
Subscribe
麻豆传媒
Leading the Way

Global 麻豆传媒 Finance News and Commentary
≔ Menu
麻豆传媒
Leading the Way

Global 麻豆传媒 Finance News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Industry news
  3. Citi executes first SBL trade in Romanian securities
Industry news

Citi executes first SBL trade in Romanian securities


22 January 2021 Romania
Reporter: Drew Nicol

Generic business image for news article
Image: stoimilov/adobe.stock.com
Citi has executed its first securities lending transaction in Romanian securities through its agency securities lending business.

With the addition of Romania, Citi now supports securities lending in 74 markets globally.

鈥淐iti is committed to providing access to new markets for our clients,鈥 says David Martocci, global head of agency securities lending at Citi. 鈥淭he continued expansion of our product offering leverages our deep on-the-ground expertise and enables us to present our clients with new and unique revenue opportunities.鈥


Alin Duhnea, senior product manager at Citi Romania, says the first trade is 鈥渁 key development in an emerging market with great potential.鈥

鈥淭he strength of our securities services business is our ability to deliver local expertise and innovation to our global clients. Our in-depth understanding of the market, close relationships with local regulators and market infrastructures, and client focus are the foundation of Citi鈥檚 leading position in Romania.鈥

The names of the counterparties involved and the details of the loan are not publicly available.

Citi 麻豆传媒 Services boasts more than $24.9 trillion of assets under custody and administration and a proprietary network spanning over 60 markets.
← Previous industry article

Northern Trust sees YoY revenue growth
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 麻豆传媒 Finance Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →