Citi Launches SEPA Instant Payments in Europe

Citi has announced the launch of Single Euro Payments Area (SEPA) Instant Payments in Europe, further increasing the bank’s global Instant Payments offering. The launch will provide clients with the ability to pay to and receive from 36 SEPA countries instantly. The offering allows SEPA Credit Transfers to be made within seconds, 24/7 and funds available to recipients immediately. Payments can be made to and received from SEPA Instant participating banks located anywhere within the...

Citi Launches New Client Reporting Solution

Citi has launched a new client reporting solution as the latest enhancement to its middle office services. The new reporting service is built on the industry’s latest technology, including the Vermilion Reporting Suite, a leading global client reporting platform, coupled with Citi’s own Clarity data and analytics platform. “This enhancement is the result of significant investments Citi has made in technology and intensive teamwork between Citi and our anchor client,” said Sanjiv Sawhney, Global Head...

Citi partners with Blackrock via investment technology platform

Citi has entered into an alliance with BlackRock, through its Aladdin® business to enhance the delivery of securities services to Citi’s clients who utilize the Aladdin end-to-end investment management platform. Connecting to Aladdin Provider, Citi will provide outsourced middle office services directly on a client’s instance of Aladdin for seamless integration with their front office, from trade confirmation to post settlement reconciliation. “We are thrilled to join BlackRock’s Aladdin Provider network,” said Sanjiv Sawhney, Global Head...

Citi to be the depository banking solution for Amryt Pharma

Citi, acting through Citibank N.A., has been appointed by Amryt Pharma Plc (“Amryt”) – a global, commercial-stage biopharmaceutical company dedicated to commercializing and developing novel therapeutics to treat patients suffering from serious and life-threatening rare diseases – to act as depositary bank for its American Depositary Receipt (“ADR”) programme. Amryt’s American Depositary Shares (“ADS”) trade on the Nasdaq Global Select market under the symbol “AMYT”. Each ADS represents five ordinary shares of the company. Amryt’s...

Citi Appointed as Depositary Bank for Phoenix Tree Holdings Limited’s Sponsored ADR Program

Citi’s Issuer Services, acting through Citibank, N.A., has been appointed by Phoenix Tree Holdings Limited (“Danke”), one of the largest and fastest growing co-living platforms redefining China’s residential rental market through technology, as the depositary bank for its American Depositary Receipts (ADR) program. Danke’s program was established in connection with a $129,600,000 initial public offering of its ADRs (exclusive of the over-allotment option), priced at $13.50 per ADR. The ADRs are listed on the New...

newOriginal-white-FinTech1-1

We are one of the world’s leading Fintech-based media publication with our content strategized and synthesized to fit right into the expanding ecosystem of Finance professionals. Be it fintech live news, finance press releases, tech articles from Fintech evangelists or interviews from top leaders from global fintech firms, we give the best slice of knowledge topped up with the aptest trends. Our sole mission is to help tech and finance professionals step up with the rapidly emerging Fintech civilization and gain better insights to emerge victorious in every possible way. We adopt a 360-degree approach in order to cater to present a holistic picture of the fintech arena.

Our Publications



FintecBuzz, 2024 © All Rights Reserved