Citibank

UOB’s purchase of Citi ASEAN retail assets improves profits, accelerates expansion

It is expected to add S$1b in profits annually, with earnings accretive beginning 2023.
2 days ago

UOB’s purchase of Citi ASEAN retail assets improves profits, accelerates expansion

It is expected to add S$1b in profits annually, with earnings accretive beginning 2023.
2 days ago

Citi names new head of Global Subsidiaries Group for APAC

And the search for a new head of corporate banking for Australia and New Zealand is on.
3 days ago

UOB buys Citi’s retail businesses in 4 SEA markets for US$3.65b

UOB is paying for the net asset value plus a premium of US$690m.

UnionBank to buy Citi’s Philippine consumer banking franchise for $908m

Around 1,750 Citi employees are expected to transfer to UnionBank.

Citi Vietnam appoints new country officer

Ramachandran A.S. will oversee Citi’s operations and serve as main regulatory representative.

Citi raises record $40b sustainable financing for APAC clients in 2021 YTD

This was thanks to Alibaba’s $5b offerings and a $2.5 bond issuance by SK hynix.

Citi names global head of D10X under institutional clients group

The D10X focuses on the development of new solutions for Citi's institutional clients.

Citi Hong Kong, CGB team up to offer wealth services under Wealth Management Connect

Citi plans to offer around 100 types of wealth products from the mainland.

Citi appoints head of natural resources & clean energy transition in Asia

William Pang will work with other NRCET leaders globally.

MAS, Singapore banks build digital platform against money laundering

This will allow sharing of customer and transaction data on money laundering cases.

Citibank Asia invests in transformation to keep winning through

Agility, innovation, flexibility, and fast results defined the bank’s new strategy. Citibank Asia’s director of Applications, Himanshu “HeMan” Shrivastava, acknowledged the challenges Citibank Asia faced to stay and win in the competition; and how investing in the right solutions made a huge difference.

Citibank named top bank in Singapore customer experience study

Its net promoter score rose 35% in 2021 from end-2020.

Citi APAC appoints head of sustainability & corporate transactions for BCMA group

Rapheal Mun will relocate from Singapore to London for her new role.

Accelerate the digital banking evolution and move ahead of the curve

The roadmap to success for many organizations has been defined by digital transformation. However, since the Covid-19 crisis started, organizations across many industries had to accelerate and redefine their plans to keep pace with the dramatic changes in the business landscape.

Banks welcome launch of Wealth Management Connect in Guangdong-Hong Kong-GBA 

BEA highlights hiring plans, whilst Citi says it will offer 100 types of wealth products under WM Connect.