Citi’s top TS banker eyes SME support

Naveed Sultan, global head of treasury and trade solutions (TTS) at Citi, explains the importance of developing SME and MME financing options, as the clout of transaction services to Citi’s business strategy grows.
Citi made a strong statement about its commitment to the TTS business last year when CEO of institutional clients group (ICG) James Forese gave the opening address at Sibos. It was only the second time he had attended the conference.
This strategic elevation of the TTS unit at Citi is unsurprising, considering it is in rude financial health – reporting revenues of $7.8 billion in 2014.