Sunday, September 4, 2011

CITI WINS SUMITOMMoneyEverything.com Expands its Credit Cards Section with Further Reviews and GuidesO TRUST QFII MANDATE

23 July 2009, TOKYO, SHANGHAI Citi Securities and Fund Services, a division of Global Transaction Services, has been named custodian bank by The Sumitomo Trust and Banking Co., Ltd. (Sumitomo Trust) in China. Under the agreement, Citi Securities and Fund Services will act as custodian for Sumitomo Trust’s Qualified Foreign Institutional Investor (QFII) program and provide relationship management, implementation and customer service support in both China and Japan.

In winning this mandate, Citi will provide Sumitomo Trust with an array of custody services including safekeeping and settlement of assets, corporate action processing, income collection, recordkeeping and consolidated reporting.

Leveraging Citi’s relationships with regulators and its experience in QFII license processes, SLondon September 4, 2006

MoneyEverything.com, the leading financial website in the United Kingdom, recently expanded its credit cards review section in order to better meet the visitors?expectations for those wanting to apply for a credit card online. The reviews are full of detailed information on how to submit the application form and most importantly which is the best card to choose based on and individuals ability to repay the monthly debt.

Credit cards are used to track and manage personal finances with the additional advantage of free benefits that are included with the cards such as travel insurance, cashback options or low APR interest rates. Sometimes credit cards are used to cover big or unexpected expenses and pay them in multiple instalments.

Thanks to the new expanded credit cards section published at MoneyEverything.com , a clear vision of the credit card market in the United Kingdom is offered, with more suggestions on which is the best card to suit certain needs and introducing new credit cards to the UK market.

“We are setting the standards on the Net for reviewing credit cards available to the English market. Thanks to our suggestions, hundreds of satisfied visitors applied online for a credit card with no additional fee from our side, being able in that way to have a dedicated suggestion on which card to take for a certain purpose? Jon Francis said.

“We receive emails everyday from people thanking us for the help we gave them. We are very proud of the results achieved so far and we are looking to further improve our reviews with a continual update of the credit card financial market?he added.

Since its start, MoneyEverything.com has released reviews on English credit cards with personal suggestions for each visitor as to which card is most suitable for their circumstances. For instance, balance transfer credit cards are suggested when looking to consolidate credit card debt.

Furthermore, additional guides regarding other financial matters are regularly published about bank accounts, car insurance and secured and unsecured loans.

For more information and advice on credit cards, or on how to apply or a credit card online, visit the site http://www.moneyeverything.com.

Contact:

Jon Francis

http://www.moneyeverything.com
+44 7999 878172

umitomo Trust became the first trust bank from Japan to receive QFII approval from the China Securities Regulatory Commission (CSRC). Due to its knowledge of the markets and Citi’s understanding of Sumitomo Trust’s business, the end-to-end time frame QFII license approval process was also significantly reduced.

By winning this landmark mandate, Citi has continued to build on its leading position of providing customized solutions to foreign institutional investors entering the China Market. Over the past 12 months, Citi has won numerous high profile custody mandates for investors launching QFII funds from other markets in Asia Pacific.

Akira Inoue, Senior Manager, Global Product Management Office, The Sumitomo Trust and Banking Co., Ltd., said: “As the first Japanese bank to receive an approved QFII license, the appointment of an experienced and innovative custodian bank was a key priority for us. Through partnership and mutual understanding, we are extremely confident that Citi is the right choice for our QFII program.br />
Alan Lin, Head of Global Transaction Services, Citi China and Executive Vice President of Citibank (China) Co., Ltd. said: “We are extremely pleased to partner with Sumitomo Trust and to provide them with an unrivalled set of services and solutions for their QFII program. In winning this important mandate, our unmatched track record in providing services for the most progressive QFII participants continues to gain momentum.

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