Citigroup has launched a new dedicated capital markets legal firm in Luxembourg, Banking Business Review reports. Citigroup Global Markets Luxembourg will offer an integrated execution, prime brokerage, securities financing, fund administration and custody platform to customer within Luxembourg and Europe.

The new firm will also provide products and financing solutions for corporations, governments and institutional investors through its sales and trading and distribution capabilities. Citigroup Global Markets Luxembourg is a wholly-owned unit of Citigroup Global Markets.

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