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.
Weekly Global News Wrap: Higher capital req’s to curb lending, says Citi exec; Interest rates may hit over 4.5%
Weekly Global News Wrap: Higher capital req’s to curb lending, says Citi exec; Interest rates may hit over 4.5%
And France’s Orange exploring “all opportunities” amidst reports it's selling its bank arm.
Citi names Keith Lee as Hong Kong high net worth market manager
He has 25 years of experience in the financial industry.
Citi appoints Anand Sairam as CFO for APAC
He has been a part of Citi’s finance team for 8 years.
Weekly Global News Wrap: Investment banks’ trading income to shrink; Citi introduces new diversity goals
And Morgan Stanley unit pays $35m for mishandling customer data.
Citi Bangladesh completes pilot paperless trade finance transaction in TradeLens
The process resulted in a 10-day reduction of document processing time.
Citibank launches Citi Plus in Singapore
The digital wealth solution platform offers tools to help customers manage and build wealth.
Citi, Yahoo launch personal finance hub Life and Money
It is hosted on Yahoo Finance in Singapore.
Citi Philippines raises Home Credit’s facility to $14.3m
This is almost double the $7.36m it approved last May.
Citi names Aditya Sharma as Asia head of custody
He has spent 19 years with Citi.
Citi Hong Kong names Vicky Wong as consumer business manager
She was Standard Chartered’s regional head of wealth management for Greater China, North Asia, and Hong Kong.
Citi TTS names Rishi Luthria as APAC head of platforms and data services
Luthria first joined the bank in 2012.
Citi winds down Russia consumer, commercial banking businesses
Approximately 2,300 employees will be affected, according to the bank.
Citi Global Wealth APAC clients invest $5b in bonds in May-July
Majority of investments flowed to fixed income funds and hedge funds.
Salaries soar as Hong Kong banks engage in poaching war to hire & retain talent
HSBC saw its headcount fall to 20,500 in just two years as part of its restructuring.
Citi unveils Sustainable Time Deposit solution in APAC
It will fund environmental and social projects such as water and sanitation infrastructure.
Citi names sole head of equity capital markets for Australia and New Zealand
Jahrling joined Citi as co-head of ECM in 2021.
South Korea’s kakaobank “most recommended” retail bank in APAC: survey
Indonesia’s BCA and StanChart Taiwan also topped the list.
Commentary
Embracing Change and Capturing Opportunities with Insights from Leading Chinese Banks