Citi sets up securities lending in LA
04 January 2012 New York
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Citi has opened a securities lending office in Los Angeles to expand its OpenLend presence. The new members of its Los Angeles team bring extensive years of industry experience and will be responsible for product sales and relationship management for the mid-west and western regions of the US.
OpenLend is an open architecture securities lending solution that leverages Citi’s global presence, robust risk management controls and innovative trading strategies to help clients achieve their performance objectives.
“Client satisfaction is at the core of our OpenLend offering,” said Tim Douglas, global head of Securities Finance, Global Transaction Services at Citi. “Our new Los Angeles office will provide the on-the-ground presence we need to deliver premier service and respond faster to our expanding client base.”
OpenLend is an open architecture securities lending solution that leverages Citi’s global presence, robust risk management controls and innovative trading strategies to help clients achieve their performance objectives.
“Client satisfaction is at the core of our OpenLend offering,” said Tim Douglas, global head of Securities Finance, Global Transaction Services at Citi. “Our new Los Angeles office will provide the on-the-ground presence we need to deliver premier service and respond faster to our expanding client base.”
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