Tag: Citi

Mastercard
October 11, 2021 BY Alan Sayer

Mastercard and Citi expand partnership for small business support

Miguel Gamino, Executive Vice President, Enterprise Partnerships and Head of Global Cities and City Possible, commented: Cities need to think about how to adapt to a digital world in a way that leverages technology to bring more people into the digital economy. Partners like Citi allow us to continue to expand the range of solutions…

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Nathan Sheets rejoins Citi as Global Chief Economist
August 17, 2021 BY Steffy Bogdanova

Nathan Sheets rejoins Citi as Global Chief Economist

In the Spring of 2010, in the beginning of the European fiscal crisis, Sheets acted as Fed Chairman’s international adviser. His contribution was essential in the Federal Reserve Board’s global emergency lending program during the global financial crisis. Sheets also worked at the International Monetary Fund as senior advisor to the US Executive Director, while…

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Forex Weekly Look Back
March 13, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: global markets assess virus spread

Looking back at the most intriguing and popular Forex industry news from the past week at LeapRate. This Wednesday, the Bank of England cut interest rates by 50 basis points to 0.25% in a near unprecedented step, taking them back to a record low level not seen since the financial crisis. Reacting to the expected fallout…

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Citi names Daniel Young its Head of equities for Australia and New Zealand
March 09, 2020 BY Steffy Bogdanova

Citi cuts ties with two-thirds of FX platforms

Citi has shared its intention to reduce its global ambitions in the foreign exchange space since launching a review back in October of last year. To do so Citi will drop almost two-thirds of the trading platforms it gives currency quotes. The bank has made changes to its vendor platform requirements and cut 12 of…

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February 06, 2020 BY Steffy Bogdanova

Cobalt launches Citi in on its infrastructure for bilateral trading

The London-based fintech, Cobalt, announced yesterday the launch of Citi on its post-trade infrastructure for bilateral flow. Citi has been an investor in the Forex post -trade platform, Cobalt, since 2016. Powered by distributed ledger technology (DLT), its infrastructure creates a standardized record of all Forex trades that could be applied to banks, buyside, prime…

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Citi invests in low latency connectivity provider TransFICC
August 20, 2018 BY Valentina Kirilova

Citi invests in low latency connectivity provider TransFICC

TransFICC, the specialist provider of low-latency connectivity for Fixed Income and Derivatives Markets, has just informed the public that it has secured a strategic investment from Citi. Citi joins existing shareholders, Illuminate Financial, Main Incubator (part of Commerzbank) and The FinLab. TransFICC resolves the issue of market fragmentation by providing banks and asset managers with…

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April 26, 2018 BY Valentina Kirilova

Gil Mandelzis' new FX credit switching venture Capitolis goes live with Citi, Jefferies and FXCM

Capitolis, the pioneering technology provider for the capital markets, has just announced it is live with its foreign exchange credit switching service, Capitolis Switch. Capitolis raised $29 million of venture capital funding earlier this year from Silicon Valley VCs Index Ventures and Sequoia Capital ($20 million led by Index Ventures, and a prior $9 million…

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