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Citi and UBS unite for unique post-trade JV

Leigh Powell
The rivals are teaming up to provide middle- and back-office services to brokers in Asia-Pacific. They say costs have reached a tipping point and see this as a game-changer.
Citi and UBS unite for unique post-trade JV

Rival international banks Citi and UBS have teamed up in a unique joint-venture to offer middle- and back-office post-trade services to broker-dealers across Asia-Pacific’s fragmented markets.

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