The Citi nevers sleeps. But when it does, it’s at the top.
For the fifth consecutive year, Citi has retained the top spot as the world’s largest fixed income dealer, according to Greenwich Associates’ annual benchmark study.
Citi’s leading market position is fueled by its strength in both Rates and Emerging Markets[1], ranked No. 1 respectively, along with the top spot in Municipal Bonds and the No. 2 ranking in Credit Markets. In addition to the distinction of being overall share leader, Citi also ranked No. 1 in Overall Quality[2], Sales Quality[3], Trading Quality[4] and e-Trading[5] market penetration, according to the study.
“Citi continues to do a stand-out job for its fixed income clients around the globe and has done so consistently for many years,” said Frank Feenstra at Greenwich Associates. “The bank’s five-year reign as the share leader is now tied for the longest winning streak. Its success is well deserved given the unwavering commitment to delivering terrific client service.”
“We are truly grateful for the ongoing support of our clients and are honored to be recognized once again as the industry leader,” said Jim O’Donnell, Global Head of Investor Sales and Relationship Management. “Key to our success is the long-term and trusting relationships we have with all our clients, and our ability to align our efforts across the globe. As the fixed income market evolves, we will continue to adapt and work relentlessly to deliver the level of service our clients have come to expect.”
Greenwich Associates polled nearly 3,500 institutional investors globally. The data received was compiled and a statistical analysis was done to produce the results.