Citi Named OTC Client Clearing Service of the Year by Risk Magazine

  Citi Named OTC Client Clearing Service of the Year by Risk Magazine

Business Wire

LONDON -- January 11, 2013

Citi has won the "OTC Client Clearing Service of the Year” award in Risk
magazine’s annual rankings. Risk is a financial risk management publication
focused on economic and regulatory risk capital. Citi was chosen by a survey
of industry participants along with an editorial panel from Risk.

“Citi is honoured to receive this prestigious industry award,”said Jerome
Kemp, Global Head of Futures and OTC Clearing. “We have invested strategically
in our derivatives clearing platform and remain committed to global leadership
in this space.”

“Derivatives clearing remains a top priority of our firm,” said Christopher
Perkins, Global Head of OTC Clearing. “We look forward to serving our clients
as the mandatory clearing of OTC derivatives is implemented throughout the
globe, and we are very appreciative of this recognition.”

The Risk award is the third award that Citi’s Futures and OTC clearing
business has won recently. Last month, Citi won the “Best OTC Trading
Initiative” at the American Financial Technology Awards for its Client Money
Segregation Platform, while last November, Citi was named “Client Clearing
Provider of the Year” by Asia Risk magazine.


Citi, the leading global bank, has approximately 200 million customer accounts
and does business in more than 160 countries and jurisdictions. Citi provides
consumers, corporations, governments and institutions with a broad range of
financial products and services, including consumer banking and credit,
corporate and investment banking, securities brokerage, transaction services,
and wealth management.

Additional information may be found at | Twitter: @Citi |
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Media Contact:
Simon Boughey
+ 44 20 7508 3864
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