Apex Group Selects Citi as Global Custodian
Citigroup, Inc. (C)
Last citigroup, inc. earnings: 4/15 08:00 am
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US:NYSE Investor Relations:
citigroup.com/citi/investor/pres.htm
Company Research
Source: Business Wire
LONDON--(BUSINESS WIRE)-- Citi (NYSE: C) has been awarded a mandate from Apex Group Ltd. (“Apex”), one of the world's largest fund administrators, to provide custody services to its global client base. The partnership between Citi and Apex will deliver integrated custody services and streamlined operational processes to Apex’s asset management clients. With over $21.3 trillion of assets under custody and administration1 and the industry-leading proprietary network spanning over 60 proprietary branches as well as agent banks in 106 markets, Citi’s custody business combines in-depth local market expertise with an extensive global platform to deliver consistent, scalable and flexible solutions that support clients’ most complex custody needs. “Partnering with Citi to deliver custody services to our global client base will add great value to the Apex offering through the bank’s proprietary network an
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