Citi announces 16th FTSE 250 client

Citi has announced its 16th FTSE 250 corporate broking client, the industrial engineering company Fenner. Its mandate from the company, which enjoys a market capitalisation of $1.1bn, is the bank's fifth FTSE 350 win of the past nine months. It has also recently been reappointed as broker to the FTSE 250 retailer Debenhams. The Citi broking team has 50 clients, 18 of them FTSE 100 companies. Four of those were added to the list over the last year: GlaxoSmithKline, Glencore, G4S and Sage.

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