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. 
 

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.

EFG Bank clinches three Citi bankers to bolster Hong Kong operations

Seamus Yin, Miao Miao, and Lianghan Chen all previously worked at Citi Private Bank.

Citi names Tokiya Kishie as head of markets for Japan

He is tasked with driving growth and leading the markets franchise in Japan.

Technology to underpin future of financial services

Banks should boost their online infrastructure as digital assets become the norm.

Citi Trust to be acquired by JTC

Citi Trust handles $70b of assets owned by UHNW clients.

Citi nabs J.P. Morgan banker to head investment banking financing

Achintya Mangla is now in charge of financing duties for Citi’s global DCM, ECM, syndicate and private capital markets.

Citi nabs BofA, ex-Goldman Sachs’ bankers to boost ANZ markets business

The new senior hires also come from Perennial Partners and MST Financial.