Citi Launches Direct Custody and Clearing Services in Finland
Launch expands Citi’s proprietary custody network to cover all Nordic countries and to become the only international bank to offer a pan-Nordic service.Helsinki, London – Citi will begin offering Direct Custody & Clearing (DCC) services in Finland, starting in August. This new offering expands Citi’s proprietary DCC network to cover the whole Nordic region, making Citi the only international bank to offer a pan-Nordic service.Citi DCC plays an integral role in the capital markets by providing clearing and settlement services for the trading and investing activities of broker dealers as