Banco Popolare Scarl and Citi, the leading global financial services company have expanded their existing custody relationship to include the assets of Banco Popolare Scarl’s institutional asset manager clients.
“Over the years, Citi has demonstrated it is a provider who meets Banco Popolare Scarl’s objectives of increasing operational efficiencies while providing economies of scale. We are delighted to continue doing business with them,” says Mariateresa Chiecchi, head of administration services, Banco Popolare Societa’ di Servizi.
“Citi is pleased that Banco Popolare Scarl has chosen to deepen its relationship with us. The appointment underscores Citi’s commitment to provide best in class solutions by establishing long-lasting relationships with our clients,” adds Patrizia Rizzo, head of Citi’s Global Transaction Services business in Italy.