The investor services include trustee, custody, administration, transfer agency and cash management.
Banco do Brasil head of distribution Jose Ewerton Motta Nunes said that by selecting Citi, the bank is obtaining access to their high calibre technology, expertise, global footprint and local knowledge.
Citi global head of Investor Services Client & Sales Management Richard Ernesti said that by winning this important mandate, Citi has received a strong acknowledgment from Banco do Brasil – one of the oldest financial institutions in the world – for the investor services solutions and products.
"Banco do Brasil will benefit from our network and breadth of services to help it seize the advantages of the current investment environment," Ernesti said.
