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’s wealth unit selling its trust business: report

The bank has been on a selling spree since 2022.

Citi names Yeo Wenxian as wealth head for South Asia

Yeo will also take over as CEO of Citibank Singapore Limited.

Citi names Ed Huntsman as head of financing, markets for Asian markets

Huntsman will remain global head of financing for spread products.

Citi Hong Kong unveils IADS-powered Wealth 360 

Customers can view their deposit accounts across different bank in one place.

Citi ceasing operations in Haiti

The bank said that it will voluntarily surrender its banking license.

Hong Kong banks ramped up hiring but investment bankers laid off

Trade and private bankers are most in demand, although banks are cautious.

SG banks turn to upskilling as hiring sentiments turn ‘cautious’

Roles related to wealth advisory and anti-ML and fraud are most in demand.

Citi names HSBC banker as head of corporate banking in Hong Kong

Matthew Hung is head of corporate coverage for HSBC’s operations in the city.

Citi Commercial Bank targets mid-sized corporates in Japan

This follows CCB’s expansion in France and Ireland in 2023.

Citi appoints new sales head for key Asian markets

She previously worked at Bank of America and JPMorgan.

Top banks’ assets expanded 5.1% in 2023

HSBC is a top performer, whilst China Merchant’s Bank saw fees decline.

Citi names ex-BNP Paribas banker as new head of markets for Thailand

Nattaphan Assavavisessivakul was head of global markets and ALM Treasury at BNP Paribas.

TMT investment banking activity in APAC slated for growth in H2: Citi

Citi’s clients are “increasingly looking to raise capital” for growth and M&As, it said.

Citi combines in Japan, North Asia, and Australia clusters

This covers markets in East Asia, Australia, New Zealand, Hong Kong and Macau.

Citi names Damien Tan as head of corporate bank for Singapore

Tan was previously head of local corporates for Citi Singapore.