Citi's Services Business Pioneers Live Transactions on Swift's Ledger, Collaborating with FAB and OCBC to Redefine Always-On Global Payments

NEW YORK--(BUSINESS WIRE)--Citi announced today that it has successfully processed live transactions on Swift's blockchain-based ledger, marking a significant milestone in its strategy to deliver always-on, cross-currency, and interoperable payment solutions for its institutional clients. As the first U.S. bank to conduct live native ledger transactions, Citi has collaborated with First Abu Dhabi Bank (FAB) and Oversea-Chinese Banking Corporation (OCBC) on this global initiative. The initiative.

Business Wire • Sep 2, 2026

FAB: An Expensive But Exciting Multi-Cap Value ETF

FAB is a multi-cap value ETF with exposure to almost 700 U.S. stocks, offering a single-product solution for value investors. Fees are 0.64% and FAB manages $140 million in assets. Despite reasonably attractive fundamentals, FAB has delivered underwhelming returns in the last decade compared to a hypothetical benchmark I created based on ETFs from the S&P 1500 Composite. In addition, FAB's value features are weaker than SYLD's and PEY's, two alternative multi-cap funds appropriate for more aggressive and defensive investors, respectively.

Seeking Alpha • Aug 13, 2024

Why Now For U.S. Equity Income?

US equities, as measured by the S&P 500 Index, have performed strongly so far in 2023.

Seeking Alpha • Dec 11, 2023

Is First Trust Multi Cap Value AlphaDEX ETF (FAB) a Strong ETF Right Now?

Smart Beta ETF report for FAB

Zacks Investment Research • Mar 14, 2023

Best And Worst Q1 2021: Mid Cap Value ETFs And Mutual Funds

Best And Worst Q1 2021: Mid Cap Value ETFs And Mutual Funds

Seeking Alpha • Mar 2, 2021