Citi wins new Banco de Brasil mandate
26 January 2011 Dublin
Image: Shutterstock
Citigroup’s Global Transaction Services has been appointed by Banco do Brasil to provide a full suite of investor services including trustee, custody, administration, transfer agency and cash management to Banco do Brasil’s new Irish domiciled Qualified Investor Fund, BB Unit Trust Ireland, an open-ended umbrella unit trust authorised in Ireland by the Central Bank of Ireland.
José Ewerton Motta Nunes, head of distribution, Banco do Brasil, said: "By selecting Citi, we are obtaining access to their high calibre technology, expertise, global footprint and local knowledge. Citi was able to provide us with a state-of-the-art solution that was flexible and matched the needs of our company".
Richard M.F. Ernesti, global head of investor services client & sales management, Citi, said: "By winning this important mandate, Citi has received a strong acknowledgement from Banco do Brasil – one of the oldest financial institutions in the world – for our investor services solutions and products. Banco do Brasil will benefit from our network and breadth of services to help it seize the advantages of the current investment environment".
José Ewerton Motta Nunes, head of distribution, Banco do Brasil, said: "By selecting Citi, we are obtaining access to their high calibre technology, expertise, global footprint and local knowledge. Citi was able to provide us with a state-of-the-art solution that was flexible and matched the needs of our company".
Richard M.F. Ernesti, global head of investor services client & sales management, Citi, said: "By winning this important mandate, Citi has received a strong acknowledgement from Banco do Brasil – one of the oldest financial institutions in the world – for our investor services solutions and products. Banco do Brasil will benefit from our network and breadth of services to help it seize the advantages of the current investment environment".
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