Following the acquisition of ABN Amro’s direct custody, securities clearing and fund services business last October, Citigroup is relocating operations and staff to the Netherlands. The acquired ABN Amro businesses have joined Global Transaction Services in Citigroup’s corporate and investment bank. This client service operation will be housed in a new building in Breda, providing on-the-ground service and product delivery capabilities to clients in the Netherlands and across the region. Citigroup will continue to maintain a branch office in Amsterdam. Francesco Vanni d’Archirafi, chief executive officer of Citigroup’s Global Transaction Services business in EMEA said, “We are very pleased with the excellent quality and service commitment of our team in Breda. This is a strategic investment for Citigroup that will not only significantly further strengthen our market position in the Netherlands, but also enhance our client delivery model across Europe and Asia with value-added servicing capabilities and expertise.”
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more