Latest: Citi enters Simon consortium as new investor

Citi has made an undisclosed strategic investment on Simon Markets, the US multi-issuer structured products fintech company owned by a consortium of seven financial institutions, including Goldman Sachs, Barclays, Credit Suisse, HSBC, J.P. Morgan, Prudential and Wells Fargo. Citi is already plugged into the Simon platform as an issuer of structured investments and through its wealth management division whose financial professionals use the investment platform. Financial professionals today ar