Citi Named "Best Global Bank" by Euromoney
Citi also wins "Best Global Emerging Markets Investment Bank" – 13 total awards
London – Citi was named "Best Global Bank" for 2015 by Euromoney, the preeminent global financial markets magazine, at its annual Awards for Excellence dinner in London.
The top award of the evening was one of 13 won by Citi, which also included the Best Global Emerging Market Investment Bank.
Euromoney said, "Citi is a much-changed, smaller, more focused institution. But it still has a truly global presence, in both consumer and wholesale banking, which competitors will struggle ever to replicate. Citi's management has taken many of the necessary steps to ensure that a global universal banking model works. Our belief is that its clients, and its shareholders, will increasingly see the benefits of its unique global franchise."
Citi also won a number of regional awards, including Best Investment Bank in Africa, Best Investment Bank in Central and Eastern Europe and Best Investment Bank in Latin America.
"By every measure, Citi has become a simpler, smaller, safer and stronger bank," said Citi CEO Michael Corbat. "I’ve said since I took over as CEO that two of my goals are that Citi become known for making smart decisions and for being an indisputably strong and stable institution. This award shows that we’re well on our way and we have begun to show what our firm can do at its best."
The Euromoney Awards for Excellence are recognized as among the most prestigious in the financial services industry.
Below is a list of Citi's Euromoney award wins in all regions except for Asia, which will be announced at a dinner in Hong Kong next week:
Best Global Bank
Best Global Emerging Market Investment Bank
Best Investment Bank in Africa
Best Investment Bank in Central Eastern Europe
Best Investment Bank in Latin America
Best Investment Bank in Argentina
Best Investment Bank in Peru
Best Equity House in Africa
Best DCM House in Turkey
Best DCM House in Latin America
Best Equity House in USA
Best Transaction Banking House in North America
Best M&A House in the Middle East
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. Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi
Media Contact Nordic region:
Anneli Sundström, +46 (0)70 250 35 91 or firstname.lastname@example.org