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 opens two new wealth centres in Singapore

One Holland Village and Parkway Parade have floor areas exceeding 3,000 sqft.
6 days ago

Citi opens two new wealth centres in Singapore

One Holland Village and Parkway Parade have floor areas exceeding 3,000 sqft.
6 days ago

Citi names J.P. Morgan banker as head of banking, executive vice chair

Viswas Raghavan was CEO of J.P. Morgan in EMEA since 2017.
6 days ago

Citi names Joy Cheng as head of Hong Kong commercial bank arm

Cheng brings 30 years of banking experience to the role.

Citi completes proof of concept on tokenization of private funds

It found new functionalities that could lower barrier-to-entry, Citi said.

Citi Securities Services launched FIX API connectivity in ETF platform

This comes at just the right time with the ETF industry's impending move to T+1.

Citi Korea to enjoy strong capitalisation, stable credit profile through 2025: Moody’s

The bank’s winding down of its consumer banking business is a positive.

Citi names Luke Lu as head of banking in China

He will oversee all of Citi’s business and operations in China.

Weekly Global News Wrap: Citi to cut 20,000 jobs in two years; Spain’s BBVA expects higher dividend payout

And crypto firms in UK are introducing new risk assessment and profile tests ahead of stricter regulations.

Weekly Global News Wrap: Citi to exit distressed-debt trading business; Korea seeks to fine HSBC, BNP Paribas

And Germany seizes $790m from the bank account of a Russian financial institution.

Citi names new senior leaders for Asian banking clusters

Leadership changes abound for its investment banking and corporate banking businesses.

Citi completes sale of Indonesia consumer business to UOB

This marks Citi’s ninth and final full consumer divestiture in Asia.

Citi sells $3.6b China consumer wealth portfolio to HSBC

The deal does not include the bank’s institutional business.

Citibank Singapore launching new satellite wealth advisory hubs in 2024

The Parkway Parade hub and One Holland Village hub expands Citi’s physical footprints.

Citigroup to redeem $1.49b in preferred shares for $25

Any quarterly dividend declared, but not paid prior, will be paid on or before the redemption date.

Citigroup’s net income rises 2% to $3.5b in Q3

Revenue was 9% higher at $20.1b during the quarter.