At a Liquidity Management briefing in London last week, Citi laid out some of the numbers on their huge global liquidity management programme and offerings:

• 9,000+ global liquidity management structure
• on ground experts in 95 countries
• transacting in 140+ currencies
• supporting over 1,000 supply chain finance programmes, and over 1,000 Shared Service Centres.

Rajesh Mehta, Regional Head, Treasury and Trade Solutions, Citi EMEA highlighted Michael Corbat, Citi’s CEO quote from their annual report, to show their commitment to the business:

• “We will continue to invest in our Treasury and Trade Solutions business, the back backbone of our global network, while we capitalize on our focus on the payments side. The busines is capital friendly and not easily replicable. It took us decades to build and remains the clear global industry leader.” 

Mehta also pointed out that Citi’s retrenchment from some consumer markets has not and will not reduce their corporate services country coverage.