GLOBAL - Citigroup has expanded its transition management into the North America, making the service now global.
Citigroup Corporate and Investment Banking announced the introduction of fiduciary transition management services for North American clients in a statement.
The fiduciary transition service is a joint venture of Citigroup's Global Capital Markets division and Global Transaction Services division.
"Adding the fiduciary capability highlights Citigroup's commitment to and alignment with our transition clients," said Fred Fogg, head of North American transition management. "It cements Citigroup's global position as the premier provider of transition management services."
"Citigroup has a long history of fiduciary relationships with our clients," added David Goldstein, director of institutional trust and pension product development. "Fiduciary transition management is another example of Citigroup putting our clients first."