Citi Named Best Prime Broker for Innovation by HFMWeek


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LONDON--(BUSINESS WIRE)--Apr 24, 2014--Citi was recently recognized as “best prime broker for innovation” at the HFMWeek European Hedge Fund Services awards ceremony. The awards were decided by a panel of industry experts based on performance results as well as qualitative information and customer testimonials. The judges praised Citi for the “high-quality of its research” as well as for “the bank’s ability to provide genuinely impressive consultancy services.”

“We are honoured to receive industry recognition through this award,” David Murphy, Global Head of Prime Finance, Citi Investor Services, said. “In today’s rapidly changing environment, the ability to provide innovative and integrated solutions across the full value chain has become a key differentiator to meet our hedge fund clients’ expanding needs.”

With offices in Hong Kong, London, New York, Singapore, Sydney, San Francisco and Tokyo and more than $500 billion of alternative assets under administration, Citi is a leading provider of prime brokerage and alternative fund administration services. Citi Prime Finance provides capital raising, financing, comprehensive custody and consulting services to hedge funds across asset classes and geographies.

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About Citi

Citi, the leading global financial services company, 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://new.citi.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi

About HFMWeek

HFMWeek is the leading resource for current global hedge fund news. HFMWeek's cutting-edge features and news analysis cover all aspects of operating a successful hedge fund, including searches, prime brokerage, fund administration, risk management, front-to-back-end technology and legal and regulatory issues.

CONTACT: Citi

Capucine Boncenne

+44 (0)20 7508 9355

capucine.boncenne@citi.com

KEYWORD: UNITED KINGDOM EUROPE

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING CONSULTING FINANCE

SOURCE: Citi

Copyright Business Wire 2014

PUB: 04/24/2014 04:00 AM/DISC: 04/24/2014 04:00 AM

http://www.businesswire.com/news/home/20140424005078/en

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