Clients Worldwide Choose Citi As The Best Global Bank For Cash Management In Euromoney Annual Poll

    Citi Voted Best Globally And In 15 Geographic Regions

    NEW YORK, November 7 /CNW/ - Citi announces that it has been named the #1
ranked cash management bank globally in Euromoney's annual cash management
poll. In addition to capturing the top spot in the global poll, Citi also took
top honors in 15 individual regions covered in the poll. These regions
include: Western Europe, Nordic & Baltic, Central & Eastern Europe, North
America, Brazil, Central America, Caribbean, South America (excl. Brazil),
Japan, North Asia, South-East Asia, South Asia, North Africa and Sub-Saharan

    This year's poll, conducted annually by Euromoney, polled 11,988 cash
managers, treasurers and financial officers from 89 countries around the
world. As part of the poll, respondents were asked to name the top three banks
used for the majority of their cash management services and rate those
providers on a sliding scale in a number of categories. Results of the poll
were based on valid responses from 3,801 participants.

    Citi was also ranked highly by clients in many service categories,
including a #1 ranking for overall service and in categories such as:
Provision of Cross-Border Cash Pooling, Availability of Global Banking and
Electronic Tools, Innovative Payment and Collection Methods, Global Liquidity
Capabilities, Bank Credit Rating, and Comprehensive Electronic Banking

    "Citi delivers cash management as an end to end service," says Paul
Galant, CEO of Global Transaction Services at Citi. "To enable our clients to
succeed, we deliver innovative tools, global connectivity and critical
information to give them the visibility and transparency to enhance their
treasury functions. This means open architecture, industrial scale globally
consistent platforms, excellent service, real-time information and the
analytical framework to allow them to act on actionable advice before cut-off
times. These combined capabilities enable our clients to administer their
business and treasury functions consistently in the 100+ countries in which
our people serve on the ground."

    "Our goal, first and foremost, is the satisfaction of our clients with
our services," says Francesco Vanni d'Archirafi, Global Head of Cash
Management at Citi's Global Transaction Services unit. "The Euromoney poll is
significant in that it is an opportunity for our clients to tell us how we're
doing relative to our peers. This win underscores the work being done each day
to keep clients at the center of all we do. We win when our clients win."

    Global Transaction Services, a division of Citi Markets & Banking, offers
integrated cash management, trade, and securities and fund services to
multinational corporations, financial institutions and public sector
organizations around the world. With a network spanning over 100 countries,
Citi's Global Transaction Services supports over 65,000 clients. As of the 3rd
quarter of 07, it held $255 billion in liability balances under administration
and $12.5 trillion in assets under custody and trust.

    About Citi:

    Citi, the leading global financial services company, has some 200 million
customer accounts and does business in more than 100 countries, providing
consumers, corporations, governments and institutions with a broad range of
financial products and services, including consumer banking and credit,
corporate and investment banking, securities brokerage, and wealth management.
Citi's major brands include Citibank, CitiFinancial, Primerica, Smith Barney
and Banamex. Additional information may be found at or

For further information:

For further information: Citi Nina Das, 212-816-9267

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