New York – Citi was recognized as an industry leader in Structured Products by mtn-i, a London-based global provider of market information for global structured notes, private placements and MTN market coverage. The Bank received top honors in two categories: U.S. Deal of the Year and LatAm Structurer of the Year.
Citi was awarded Deal of the Year for the US$1 Million Multi-Asset Best-of Basket Notes due 2023. The note is linked to a multi-asset portfolio with the allocation tilting toward the best performing asset class.
“As the market shifts, we see a growing need from investors for products that offer a different risk-return profile,” said Fabrice Hugon, Head of Americas Sales for Cross Asset Solutions. “The appetite for structured products has grown consistently over the last few years, and given our increased investment in people and technology, we are well positioned to continue to provide a range of investment opportunities to clients in the Americas.”
For Citi’s innovation in onshore deals in Mexico and Brazil alongside its third-party structuring, Citi was also awarded LatAm Structurer of the Year.
“We are extremely pleased to be recognized for our efforts,” said Daniel Gutierrez, Co-Head of Structuring, Multi-Asset Group. “The Latin American market is an important growth area for our structured product business and one that presents many opportunities, both in on-shore and off-shore jurisdictions.”
The awards will be presented to Citi at the 13th Americas Structured Note Showcase & Awards on April 4 in Miami, Florida.
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.
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Media: Scott Helfman, +1 212-816-9241