Citigroup, Inc (NYSE: C) Wins 13 Awards from “Euromoney Awards for Excellence”

Posted by ABMN Staff on Jul 12th, 2010

Citigroup, Inc (NYSE: C) announced that it had received 13 major regional and product awards during the “Euromoney Awards for Excellence” including an award for Banker of the Year to Citigroup CEO Vikram Pandit.

“I am deeply honored that Euromoney has recognized the significant progress we are making at Citi,” said Mr. Pandit in his acceptance speech. “By focusing on being a bank dedicated solely to serving its clients and taking advantage of our unique global footprint, we have put all the elements in place for long-term profitability and success. This recognition would never have been possible without the dedication and hard work of our 263,000 employees around the world, and I am proud to accept this award on their behalf.”

Citigroup, Inc (NYSE: C) also was given the “Best Global Transaction Banking House” for its Global Transaction Services business, which according to a company statement, “offers integrated treasury and trade solutions and securities and fund services to multinational corporations, financial institutions and public sector clients in over 100 countries around the world.” The unit processes more than $3 trillion in global transactions daily.

Francesco Vanni d’Archirafi, Chief Executive Officer of Global Transaction Services at Citi said, “We are delighted to be recognized by Euromoney for our transaction services business globally and across five regions. The power of this business lies in our ability to serve our clients locally, regionally and globally, wherever they do business in the world. Citi is continuing to invest in our people and our technology as a priority, to ensure we remain at the forefront of innovation with our clients and deliver solutions that realize their aspirations for the future, today.”

Citigroup, Inc (NYSE: C) also won: