Citi has been recognised as the World’s Best Investment Bank at the Euromoney Global Awards for Excellence.
In the event held in London on July 11, the bank which boasts of approximately 200 million customer accounts and doing business in more than 160 countries and jurisdictions, was also named the World’s Best Bank for Financing and the World’s Best Bank for Corporate Responsibility.
During the Euromoney Global Awards for Excellence, Euromoney noted that: “The rationale behind Citi’s nomination as the world’s best investment bank this year is simple but impressive. In every part of the world that Euromoney considered the credentials of the leading regional investment banks, Citi was a genuine contender.”
“These arguments speak to two incontrovertible facts about Citi’s Institutional Clients Group (ICG) today: no other firm comes close to the scale and breadth of Citi’s wholesale banking operations, and Citi hasn’t just built and maintained a global network, it has built one that works and is increasingly valued by its clients, who view Citi as a true partner to their own global businesses. Competitors are now catching on that Citi has something they don’t. Clients realised this a lot earlier.”
Citi was also recognised across a number of regional categories including: Best Investment Bank in Central and Eastern Europe, Spain, Middle East and Chile, Best Bank for Corporate Responsibility in North America, Best bank for Financing in Africa and Latin America, Best bank for Advisory in Western Europe, Best Bank for Sustainable Finance in Latin America and Best Bank for Transaction Services in Africa and Central and Eastern Europe.
Citi President and Head of Institutional Clients Group Jamie Forese said that Citi has had a tremendous 12 months, delivering their commitments by leveraging the synergies of their ICG platform.
“We continue to see evidence in our results that our major advantage when serving large, sophisticated clients is our global network — one that cannot be replicated by our competition. Being recognised by Euromoney is a testament to our capabilities,” he added.
On being named World’s Best Bank for Corporate Responsibility, Ed Skyler, Citi’s Executive Vice President for Global Public Affairs and Chair of the Citi Foundation said: “The societal issues impacting our communities today require a different level of engagement from companies. It’s no longer about being a good corporate citizen. We must use our business, our philanthropy and our voice to stand for issues that matter most.”
The Euromoney Global Awards for Excellence are recognised as the most prestigious in the financial services industry.
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.