Live Breaking News & Updates on Citi Securities|Page 3
Stay updated with breaking news from Citi securities. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The recent partnership is an extension to Citi being initially chosen by BBX in 2021 to act as a custodian for the underlying bonds issued and traded on its exchange as fractionalized assets. ....
Citi to Become First Digital Custodian on BondbloX Bond Exchange streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
BBX, which was launched in 2020 to simplify bond investing, is the world's first fractional bond exchange. The deal will enable Citi's clients who meet a certain criteria, to become participants on the exchange and trade bonds, with the investment bank providing settlement and custodial services. "The proprietary digital custody technology is scalable and will allow us to provide settlement and custody services for clients investing in assets issued on permissioned blockchain networks and digital financial management information systems (FMIs)," said Nadine Teychenne, head of digital assets for Citi Securities Services. ....
Citi has appointed Karoline Belwal as global head of strategy and product development for data, digital and innovation at its securities services business ....
Citi Australia has appointed Mark England as the new head of securities services following the retirement of long serving executive Martin Carpenter. ....