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 names Akira Hoshino as head of markets for Japan
Citi names Akira Hoshino as head of markets for Japan
Hoshino was head of FX and has led Citi’s rates sales since 2022.
5 days ago
Citi Private Bank unveiled new philanthropy advisory solutions in Asia
Services include donor-advised funds or funding donations through charity partners.
Citi names new co-heads for capital markets and advisory in ANZ
The appointments coincide with the retirement of Tony Osmond.
Citi Indonesia names Wit Oemar as head of corporate banking
He is one of the founding members of Citi Commercial Bank in Indonesia.
Citi eyes 10% increase in social finance funding in Asia
Over $2b in social finance transactions were raised in Asia in 2024.
Citi names Jeff Wu as head of market sales for China
Wu will relocate to Shanghai.
Citi unveils real-time 24/7 liquidity mgmt solution in Thailand
With 7-Day Sweeps, cash concentration capabilities are extended to non-business days.
OCBC taps Citi alt chief executive to lead Hong Kong consumer and wealth businesses
Josephine Lee had served as wealth head for retail banking in Citi Hong Kong.
Digital assets create new “rails” for money movement
It complements existing banking infrastructure.
Citi, Fidelity demonstrate real-time settlement of MMF and digital FX
It might enable faster, seamless management of treasury positions.
Citi launches Citi Digital Bill to speed up monetization of receivables
CDB enables parties to sign, accept, endorse, and finance a digital bill.
Citi sees higher markets-related business in Asia from global investors
Client activity with the bank’s international corporate clients to the Asia market is up 12% in the first three quarters of 2024.
Citi names Hooi Wan Ng as head of markets for Malaysia
Ng joins from JP Morgan, where she had led the local markets and private side sales since 2011.
Citi poaches JPMorgan banker to lead FX institutional sales in 4 APAC regions
Anand Goyal will begin in December, and will be based in Singapore.
Citi, Mastercard launch global cross-border payments
It will be available in 14 markets worldwide, with plans for further expansion.
Citi launches Token Services for Cash for institutional clients
It is expected to facilitate multi-million dollar cross-border liquidity and payments.
Citi partners with Apollo to form $25b private credit
The program will launch in North America; may expand to other markets in the future.
Commentary
Why high capital levels are a double-edged sword for Singapore banks
WealthTech vs. Banks: The battle for Asia’s $700b digital wealth opportunity
Empowering Women in Finance: Securing a Future of Opportunity
Generative AI revolution: Asian banks on the brink of a new era