Citi’s Global Transaction Services business has received a new mandate from Pohjola Bank Group. The Finnish financial services company, which provides banking, asset management and non-life insurance services, has appointed Citi to provide a range of global custody services.
Reportedly, the mandate includes the safekeeping of assets and additional global custody services including performance measurement, compliance monitoring, investment administration and accounting. Furthermore, Pohjola Bank Group will have full access to Citis whole suite of securities services capabilities.
Go deeper with GlobalData
Dirk Jones, head of financial institutions client sales management, GTS, Citi, said: Citi is extremely pleased to be providing global custody services to Pohjola Group Bank. Our custody services offer exceptional execution, global consistency and local market expertise in more than 92 markets.
Kirsi Sakki, head of custody, Pohjola Bank Group, said: We are looking forward to developing a strong working relationship with Citi. As we continue to expand our global footprint and widen the scope of services, we look to Citi as a partner in growth and provider of innovative and efficient solutions, which will meet our special needs.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
