Client Clearing Bank of the Year: Citi
Asia Risk awards 2015: Citi retains its clearing crown for the fourth year running for keeping a cool head at a time when other banks were losing theirs
With the leverage ratio and capital costs beginning to bite for banks clearing futures and over-the-counter derivatives on behalf of clients, the past year has been notable for the number of high-profile names retrenching from the business: Credit Suisse, Barclays and Nomura, to name a few.
US bank Citi, to its credit, despite being subject to the US supplementary leverage ratio of 5% compared
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