Citibank Adds Offshore Money Market Fund Capabilities in Europe

Citi Markets & Banking has announced the addition of Offshore Money Market Mutual funds from nine fund managers to its own investments portal in Europe. The bank’s cash management clients can now invest in more than 25 funds in euro, sterling and US dollar through a single channel. Andrew Plenderleith, EMEA product manager of Citibank Online Investments, says, “More clients are using a portal for their investments – industry surveys indicate this usage is likely to increase.”

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