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Thursday, September 4, 2014

MOVES- Standard Chartered names Karin Flinspach head of cash products, (NYSE: C)

British banking giant Standard Chartered Plc said it appointed Karin Flinspach as head of cash products in the transaction banking sector. Flinspach will be based in Singapore and report to George Nast, who is the global head of product management in the transaction banking division.She will be responsible for leading the bank's cash capabilities in liquidity products, payables and cash collections.Flinspach previously worked with Citigroup Inc as the head for payment and receivables for European, Middle East and Africa.

Citigroup Inc. (Citigroup) is a global diversified financial services holding company whose businesses provide consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services and wealth management. Shares of C traded higher by 0.52% or $0.27/share to $52.23. In the past year, the shares have traded as low as $45.18 and as high as $55.28. On average, 15904900 shares of C exchange hands on a given day and today's volume is recorded at 15118118.