Citi bets on FIG business

Munir Nanji and Bharat Sarpeshkar talk about why banking the banks is big business in the world of transaction services.

For any institution providing transaction banking services there are four major customer segments -- banks, corporates, investment managers and the public sector. Long the domain of a few big players, competition in the bank segment is heating up.

Banking has evolved in a way where you have to partner to succeed, said Munir Nanji, Asia-Pacific and Japan head of the bank services group at Citi global transaction services GTS. Banks realise this.

Citi, one of the region's...

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