New York – Citi has retained its ranking as the world's largest fixed income dealer, according to Greenwich Associates' annual benchmark study, which marks the fourth year running that Citi has secured the top spot.
Further distancing itself from its closest competitor, Citi increased its market share from 10.9 percent to 11.1 percent over the past year, which marks the highest market share the bank has accrued since Greenwich began tracking global fixed income. Citi's leading market position is driven by its strength in both Global Credit and Rates, ranked No. 1 respectively, along with the top spot in Municipal Bonds and Emerging Markets.
"It is official—Citi is the global market share leader in fixed income for the fourth year in a row. No firm has topped Citi's 2018 market share in the last 5 – 6 years," said Frank Feenstra at Greenwich Associates.
"We are extremely honored to once again be recognized by our clients as a trusted partner and market leader in fixed income globally," said Jim O'Donnell, Global Head of Investor Sales and Relationship Management. "Citi's commitment to the business, unique global footprint and comprehensive product offering enable us to deliver the level of service our clients have come to expect."
In addition to the distinction of being overall leader, Citi also ranked No. 1 in Sales Quality, Trading Quality and e-Trading*, according to the study.
In 2018, Greenwich Associates interviewed nearly 3,500 institutional investors globally. The data received was compiled and a statistical analysis was done to produce the final results.
* Market Penetration (in e-Trading).
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 www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi.
Media Contact: Scott Helfman, +1 212-816-9241