Citigroup expands FX business to target hedge funds and private equity
Updated
Updated · Bloomberg · May 8
Citigroup expands FX business to target hedge funds and private equity
12 articles · Updated · Bloomberg · May 8
Flavio Figueiredo, Citi's global head of FX trading, outlined the strategy in Singapore as the bank seeks growth beyond its existing client base.
The bank said hedge funds and private-equity firms are key opportunities, complementing Citi's established strength in corporate and real-money foreign-exchange flows.
The move forms part of a broader push to defend strong market positions while increasing penetration in segments where Citi sees room to grow as global trading volumes rise.
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