Citi has struck an innovative deal with Maybank Securities in Singapore, enabling Maybank Securities to facilitate the lending of retail clients’ global equity holdings using Citi’s platform, Citi Securities Lending Access.
Maybank Securities will leverage its position in Singapore and its large ASEAN client base to utilise the CSLA platform. Launched in 2021, CSLA combines Citi’s securities lending platform with technology from Sharegain. Citi was the first global bank to work with Sharegain, offering a solution that digitises the entire securities lending lifecycle. The collaboration with Maybank Securities marks the introduction of CSLA in Asia.