Citi dismantles “Citi Transaction Services”; names new line up
The US bank has got rid of its Citi Transaction Services management layer, effectively untying its treasury and securities and fund businesses. On May 7, it internally announced the new management line up.
Citi has announced the new structure and personnel of the bank’s Institutional Client’s Group (ICG), having in April chosen to disband Citi Transaction Services (CTS) which housed Securities and Fund Services (SFS) and Treasury and Trade Solutions (TTS).
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