Tag: Citi


Citi, Deutsche Bank and Deutsche Borse Invest in CloudMargin

CloudMargin, a provider of a collateral and margin management solution native to the cloud, has announced that it has closed on its largest funding round to date, bringing in $15 million in a Series B capital raise. Primary investors were Deutsche Börse, and current CloudMargin clients Deutsche Bank and Citi. “We’re delighted to enjoy the […]

Gill Exits Barclays?

Market sources tell Profit & Loss that Singapore-based Pritpal Gill, head of FX cash and options trading for Barclays in Asia-Pacific, has left the bank. Gill joined Barclays at the start of 2019 as part of a build out of the bank’s FX business, following the hire of Fabio Mudar as global head of FX […]

Citi, JPM, State Street Make Strategic Investment in Capitolis

Capitolis, an SaaS platform that provides financial resource optimisation for capital markets, today announces the completion of a strategic investment from Citi, JP Morgan and State Street. The transaction represents a collaborative effort by the three leading global financial institutions to drive further adoption of Capitolis’ proprietary technology platform, which helps financial institutions free up […]

In the FICC of It

The podcast has a nice positive vibe to it this week as Colin Lambert is joined by Ayesa Latif, head of EMEA e-commerce FX sales at Citi to discuss the eighth annual “e-for-education” campaign by the bank, which kicks off this week. Latif explains how the campaign works, what channels are likely to generate the […]

Sood Joins JB Drax Honore

Profit & Loss understands that Dominic Sood has joined JB Drax Honore as a director and senior salesperson in the FX team. He will be based in London and reports to Ben Shooter, global head of FX at the firm, which was established in 2004 by bond traders Jonathan Glassberg and Benn Shepherd. Sood joins […]

Patel Swaps Citi for HSBC

Profit & Loss understands that Chirag Patel has joined HSBC in London as a managing director in its FX trading business. He joins from Citi where he was most recently head of FX spot trading having taken that role after a sabbatical from his role as head of FX options trading. Patel worked for Citi […]

Special “Decade” Award – Best Corporate Platform – Citi

No report card required here, for we are describing is a remarkable achievement, one that has been accomplished only once before in the last nine years of these awards, a decade at the top of the tree and one of our gold plaques. It has to be said that in 2011 when we gave the […]

Best Mobile App

P&L Report Card Well, we thought we were done with this award as one of our top awards thanks to there really only being two major players – Citi and JP Morgan – in the game, but, not for the first time, how wrong we were! Global lockdowns have led to a surge in working […]

Editor’s Award – Citi

Rather than, as it has been in previous years, this award reflecting the editor’s (in this case managing editor’s) view of the platforms, we have decided to make it a recognition award. Our thoughts on the various platforms are littered throughout this feature so there is no need to go over old ground, therefore the […]

Awards for e-FX Excellence – Citi

Much of what we could say about Velocity has already been written, so we would refer readers to the awards for Best Mobile App, Editor’s Choice and the Special “Decade” Award to reinforce this section, which will look at the pieces of this superb platform not already covered. It is hard to know where to […]