Citigroup’s Global Markets provides products and financing solutions for corporations, governments and institutional investors through its sales and trading, and distribution capabilities.
Citigroup Global Markets Luxembourg is a wholly-owned subsidiary of Citigroup Global Markets, Citi’s FSA regulated principal European broker-dealer.
Citi country officer for Luxembourg Charles Denotte said Luxembourg is a stable political and financial environment with a robust and respected regulatory regime and is currently the second-largest investment fund center globally.
"An ability to access these funds from Luxembourg will give Citi a strong competitive advantage amongst its peers and will help us to further grow our Luxembourg franchise," Denotte said.
Citi has had a presence in Luxembourg since 1970, providing global transaction services, global relationship banking and funds industry services and currently employs 240 people.
