<br />
Volume 5 | Fall 20 1 0<br />
Innovation in Context<br />
Africa’s New Frontiers<br />
Global Ambitions for SEPA<br />
Middle East: Emerging from the Frontier<br />
Emerging Change in Emerging Europe<br />
Rebuilding Trust: Integral to the Recovery<br />
Liquidity Risk Management:<br />
New Challenges at Hand<br />
Issuer Services: The Starting Point<br />
Decision Making in Uncertain Times<br />
Coordinating the Recovery<br />
Driving Forces of Change<br />
Clearing the OTC Decks<br />
Trade Caught in Regulatory Crosswinds<br />
Perpetual Evolution:<br />
Rethinking Bus<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 1" href="http://viewer.zmags.com/publication/c5f4daf8?page=1"> Volume 5 | Fall 20 1 0 </a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 2" href="http://viewer.zmags.com/publication/c5f4daf8?page=2"> </a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 3" href="http://viewer.zmags.com/publication/c5f4daf8?page=3"> Volume 5 | Fall 20 1 0 Innovation in Context</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 4" href="http://viewer.zmags.com/publication/c5f4daf8?page=4"> Financial Renaissance Rebuilding Trust: Integral</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 5" href="http://viewer.zmags.com/publication/c5f4daf8?page=5"> Regulation in Recovery Clearing the OTC Decks </a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 6" href="http://viewer.zmags.com/publication/c5f4daf8?page=6"> 4 Francesco Vanni d’Archir</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 7" href="http://viewer.zmags.com/publication/c5f4daf8?page=7"> Innovation in Context While uncertainty remai</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 8" href="http://viewer.zmags.com/publication/c5f4daf8?page=8"> “Social, political and economic forces are being </a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 9" href="http://viewer.zmags.com/publication/c5f4daf8?page=9"> cities with increased access to liquidity by exte</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 10" href="http://viewer.zmags.com/publication/c5f4daf8?page=10"> Africa’s New Frontiers Growing investments from </a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 11" href="http://viewer.zmags.com/publication/c5f4daf8?page=11"> Investment and Trade Flows on the Rise Despite l</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 12" href="http://viewer.zmags.com/publication/c5f4daf8?page=12"> Total overseas development aid to Africa in 2008:</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 13" href="http://viewer.zmags.com/publication/c5f4daf8?page=13"> From 1998-2008, oil and other natural resources a</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 14" href="http://viewer.zmags.com/publication/c5f4daf8?page=14"> 12 Global Ambitions for SEPA </a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 15" href="http://viewer.zmags.com/publication/c5f4daf8?page=15"> The coming months could be crucial to the success</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 16" href="http://viewer.zmags.com/publication/c5f4daf8?page=16"> These countries are striving to lower the</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 17" href="http://viewer.zmags.com/publication/c5f4daf8?page=17"> Meanwhile, South Africa, Namibia, Lesotho and Swa</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 18" href="http://viewer.zmags.com/publication/c5f4daf8?page=18"> Emerging from the Frontier 16 Middle East</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 19" href="http://viewer.zmags.com/publication/c5f4daf8?page=19"> International institutional investment is return</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 20" href="http://viewer.zmags.com/publication/c5f4daf8?page=20"> A Return to International Investment Internation</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 21" href="http://viewer.zmags.com/publication/c5f4daf8?page=21"> Service as a Key to Success Asked what the key t</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 22" href="http://viewer.zmags.com/publication/c5f4daf8?page=22"> Emerging Change in Significant changes ar</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 23" href="http://viewer.zmags.com/publication/c5f4daf8?page=23"> Emerging Europe “Many foreign institutions bel</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 24" href="http://viewer.zmags.com/publication/c5f4daf8?page=24"> The emerging market space is highly competitive, </a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 25" href="http://viewer.zmags.com/publication/c5f4daf8?page=25"> Since the launch of Give Up, Citi has been provid</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 26" href="http://viewer.zmags.com/publication/c5f4daf8?page=26"> Rebuilding Trust: Integral to the Recovery </a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 27" href="http://viewer.zmags.com/publication/c5f4daf8?page=27"> Trust not only underpins the economic system, say</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 28" href="http://viewer.zmags.com/publication/c5f4daf8?page=28"> How, then, can banks “walk the walk?”</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 29" href="http://viewer.zmags.com/publication/c5f4daf8?page=29"> Additionally, second quarter GDP figures for the </a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 30" href="http://viewer.zmags.com/publication/c5f4daf8?page=30"> Liquidity Risk Management New Challenges at Hand</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 31" href="http://viewer.zmags.com/publication/c5f4daf8?page=31"> The financial crisis highlighted the critical imp</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 32" href="http://viewer.zmags.com/publication/c5f4daf8?page=32"> The U.S. Dodd–Frank Wall Street Reform and Consum</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 33" href="http://viewer.zmags.com/publication/c5f4daf8?page=33"> Corporate treasury management has gravitated towa</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 34" href="http://viewer.zmags.com/publication/c5f4daf8?page=34"> Issuer Services The Starting Point Role of Issu</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 35" href="http://viewer.zmags.com/publication/c5f4daf8?page=35"> Issuer services play a fundamental role in the ca</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 36" href="http://viewer.zmags.com/publication/c5f4daf8?page=36"> “Building societies and banks across Europe and s</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 37" href="http://viewer.zmags.com/publication/c5f4daf8?page=37"> Investors are slowly returning to the asset-backe</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 38" href="http://viewer.zmags.com/publication/c5f4daf8?page=38"> Decision Making in Uncertain Times With a ‘new no</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 39" href="http://viewer.zmags.com/publication/c5f4daf8?page=39"> The profound changes brought about by the financi</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 40" href="http://viewer.zmags.com/publication/c5f4daf8?page=40"> “It’s great to see a leader concede th</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 41" href="http://viewer.zmags.com/publication/c5f4daf8?page=41"> eventual impact of the decision, The person</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 42" href="http://viewer.zmags.com/publication/c5f4daf8?page=42"> Coordinating the Recovery Central banks</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 43" href="http://viewer.zmags.com/publication/c5f4daf8?page=43"> Called upon to play an even more critical role in</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 44" href="http://viewer.zmags.com/publication/c5f4daf8?page=44"> “Central banks are playing a critical role in pr</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 45" href="http://viewer.zmags.com/publication/c5f4daf8?page=45"> In a separate move, the concept of “charity aggre</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 46" href="http://viewer.zmags.com/publication/c5f4daf8?page=46"> Global securities and banking businesses are fac</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 47" href="http://viewer.zmags.com/publication/c5f4daf8?page=47"> Post-credit Crunch Effects The sovereign debt cr</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 48" href="http://viewer.zmags.com/publication/c5f4daf8?page=48"> Getting the skills, and scale, to ensure continu</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 49" href="http://viewer.zmags.com/publication/c5f4daf8?page=49"> </a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 50" href="http://viewer.zmags.com/publication/c5f4daf8?page=50"> Clearing the OTC Decks 48 </a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 51" href="http://viewer.zmags.com/publication/c5f4daf8?page=51"> Changes in the OTC derivatives world will signi</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 52" href="http://viewer.zmags.com/publication/c5f4daf8?page=52"> “It is important to have e</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 53" href="http://viewer.zmags.com/publication/c5f4daf8?page=53"> A trade information warehouse will improve transp</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 54" href="http://viewer.zmags.com/publication/c5f4daf8?page=54"> Trade Caught in Regulatory Crosswinds The new r</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 55" href="http://viewer.zmags.com/publication/c5f4daf8?page=55"> Credit tightening, changes in accounting regulati</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 56" href="http://viewer.zmags.com/publication/c5f4daf8?page=56"> Under Basel II, however, several methods for calc</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 57" href="http://viewer.zmags.com/publication/c5f4daf8?page=57"> “Citi has spent a lot of time examining what regu</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 58" href="http://viewer.zmags.com/publication/c5f4daf8?page=58"> Perpetual Evolution Rethinking Business Models </a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 59" href="http://viewer.zmags.com/publication/c5f4daf8?page=59"> Last year at Sibos, Citi Global Transaction Servi</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 60" href="http://viewer.zmags.com/publication/c5f4daf8?page=60"> The influence of regulators in the new </a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 61" href="http://viewer.zmags.com/publication/c5f4daf8?page=61"> Uniformity is a linchpin in the success of regula</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 62" href="http://viewer.zmags.com/publication/c5f4daf8?page=62"> e b 60 The Ris of the Renmin iAs trade wit</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 63" href="http://viewer.zmags.com/publication/c5f4daf8?page=63"> The payments market in China has fundamentally al</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 64" href="http://viewer.zmags.com/publication/c5f4daf8?page=64"> “As more transactions are invoiced in RMB </a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 65" href="http://viewer.zmags.com/publication/c5f4daf8?page=65"> Maintaining a USD Focus It is still early days f</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 66" href="http://viewer.zmags.com/publication/c5f4daf8?page=66"> All for One and One for All Today’s payments m</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 67" href="http://viewer.zmags.com/publication/c5f4daf8?page=67"> In order to succeed in the new payments market, f</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 68" href="http://viewer.zmags.com/publication/c5f4daf8?page=68"> Around 2 billion mobile applications have been </a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 69" href="http://viewer.zmags.com/publication/c5f4daf8?page=69"> Banks need to understand and leverage emerging co</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 70" href="http://viewer.zmags.com/publication/c5f4daf8?page=70"> Spain’s savings bank Expanding Horizons confeder</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 71" href="http://viewer.zmags.com/publication/c5f4daf8?page=71"> Under the new arrangement, instructions to open i</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 72" href="http://viewer.zmags.com/publication/c5f4daf8?page=72"> A Return to Innovation As the global banking in</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 73" href="http://viewer.zmags.com/publication/c5f4daf8?page=73"> Three Key Issues Greenwald identifies three key </a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 74" href="http://viewer.zmags.com/publication/c5f4daf8?page=74"> Banks need to be looking at a variety of build, b</a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 75" href="http://viewer.zmags.com/publication/c5f4daf8?page=75"> </a>
<a title="Citi_Viewpoints_Fall2010_forZmags.pdf page 76" href="http://viewer.zmags.com/publication/c5f4daf8?page=76"> </a>