More NewsBanco do Brasil Appoints Citi to Provide Investor Services

Banco do Brasil Appoints Citi to Provide Investor Services

Banco do Brasil has appointed Citigroup’s Global Transaction Services (GTS) to provide a suite of investor services including trustee, custody, administration, transfer agency and cash management to the Brazilian bank’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.”

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