Citibank
Citibank is the consumer division of financial services multinational company Citigroup. It was founded in 1812 as the City Bank of New York, and later became First National City Bank of New York. The bank has 2,649 branches across 19 countries.
See below for the Latest Citibank News, Analysis, Profit Results, Share Price Information, and Commentary.
Citi streamlines ETF orders for APAC clients as regional assets hit $1.81t
Citi streamlines ETF orders for APAC clients as regional assets hit $1.81t
Direct integration heightens efficiency as clients no longer need to reconcile on multiple and separate platforms.
3 days ago
Citi Korea posts strongest Q1 since 2018 as net income surges 61%
Total revenues and net income rose by 23% and 61%, respectively.
6 days ago
Citi promotes Sutida Tambunlertchai to head commercial banking in Thailand
Citi has announced a slew of appointments over the past month.
Citi targets APAC insurance investments with new senior hires
They have poached two BofA bankers to help lead its FIG group.
Citi names Raj Rathi as India chief of M&A business
Rathi served as head of strategy and corporate development for an India fantasy sports tech company.
Citi hires Bhavin Shukla to lead infrastructure banking in JANA and Asia South
He joins from J.P. Morgan, where he was a managing director.
Citi forms new investor group to replace asset managers cluster
Vikram Chavali will continue to lead FSI for JANA and Asia South.
Citi names Morgan Stanley banker as ANZ Natural Resources Group head
Anders Svensson will be based in Perth, Australia.
Citi sets up an Infrastructure Financing & Capital Solutions Group
The new group is under the Debt Capital Markets (DCM) function of Citi.
Citi names Goldman Sachs banker as head of healthcare for ANZ
Ben Bartholomaeus’ past work includes the stake sale of Novotech and a A$1.6b DBG Health investment.
Citi and DEG provides $76m loan to Shriram Finance for underserved lending
It will be used for MSMEs, EVs, food security, and women lending.
Citi invests in Japan’s Sakana AI
Citi says the investment will help Sakana AI in its international expansion.
Citi forms AI Infrastructure Banking team to tap $3t financing opportunity
The team aims to provide debt financing to fund data centres and other infra capacity.
Citi names Thai Nguyet Minh as markets head and country treasury for Vietnam
She joins from Maybank, where she was the Vietnam head of global markets.
Citi launches Korea desk in Chicago to back Korean firms’ US expansion
Citi Korea opened its first Korea desk in New York in 1993.
Citi hires Kriss Pachauri to lead ANZ global asset manager coverage
Citi says it has a “strong pipeline” in the financial sponsors segment.
Citi rolls out evergreen private market funds for HNW clients
It has partnered with Blackstone, Blue Owl, and KKR to launch the funds.
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It is wading downstream from mortgages to lend to developers, hardware stores, and the likes.
Commentary
Built to last: How Japan is approaching the cross-border payments challenge
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance