Citi

Citi has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides 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.

See below for the Latest Citi News, Analysis, Profit Results, Share Price Information, and Commentary.

Citi Indonesia’s net income climbs 52% to $38.29m in Q1

Its Institutional Clients Group registered a 2.5% loan growth during the quarter.

Citi Indonesia’s net income climbs 52% to $38.29m in Q1

Its Institutional Clients Group registered a 2.5% loan growth during the quarter.

Citibank Korea doubles net income in Q1

The net income of KRW84.9b for Jan-March 2023 is 112% higher than a year ago.

Citi Securities Services has been appointed by Mason Stevens to provide custody services.

The appointment follows Mason Stevens’ expansion plans.

Weekly Global News Wrap: Klarna, Block execs calls UK’s planned BNPL regulations “outdated”; Citi’s global FX head to leave

And fintech Boost looks to raise $50m to $100m in possible new funding round.

Citi names Vikram Singh as CEO of Malaysia franchise

He reports directly to South Asia and ASEAN head Amol Gupte.

Citi’s institutional, corporate banking arm in Asia sees 14% higher revenue in Q1

The Institutional Clients Group’s net income for Asia went up 31% compared to Q1 2022.

Citi makes new appointments to Treasury and Trade business

This follows the ASEAN appointments from earlier this week.

Citi names Rajak Madhok as global head of Citi Commercial Bank credit risk

Madhok will relocate to New York.

Citi makes two key appoints for markets, TTS business

Vandana Bhatter and Anoushka Dua have been named in key ASEAN leadership roles.

Citi appoints Bhanu Vohra as India head of commercial banking

He reports to Tushar Vikram and Rajat Madhok.

Citi names Stella Choe as APAC head of new Global Network Banking

GNB brings together relationship managers across Citi’s different banking businesses.

Citi completes sale of Vietnam retail banking, credit card units to UOB

This includes the turnover of approximately 575 related staff.

Citi entices Hong Kong’s ultra-wealthy with first-ever Global Wealth Centre

The 10,000-square-foot space is staffed by senior bankers and specialists.

Weekly Global News Wrap: Grupo Mexico clinches $5b to buy Citi assets; Brazilian banks may set aside $890m for Americanas losses

And the UK lays out plans to regulate cryptocurrency.

Less than 10% of global energy financing went to renewables: study

Of the $2.5t funneled to energy firms, only $178b were for clean energy activities, the report said.

Citi names Sanjay Nambiar as head of cards and unsecured lending for APAC, EMEA

Nambiar has worked across various roles in his 17-year career with Citi.

Citi Bangladesh names Md. Moinul Huq as Citi Country Officer

He has over 25 years of experience across a number of banking fields.