Citi cements its position as leading Asia clearing bank

Collateral transformation services will aid in regulatory push

Thomas Treadwell, Citi

Citi has been at the vanguard of clearing ever since over-the-counter derivatives reforms were announced five years ago. Over the past 12 months the US bank has cemented its leading position in this area.

The build-out of Citi's client clearing platform to encompass services such as collateral transformation will be crucial when the final pieces in the regulatory jigsaw puzzle fit together, the bank believes. In reorganising its businesses, Citi has created an investor services division under wh