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.
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.
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 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.
Citi names Aveline San as CEO of Hong Kong and Macau
San joined Citi in April 2019.
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 completes sale of Philippine consumer business to UnionBank
The sale includes the transfer of 1,540 staff to the Philippine bank.
Citi names C.R. Sambamurthy as Asia head of Citigold
Sambamurthy has a 34-year career with Citi prior to his new role.
How Citi’s hiring spree sets into motion its $150b new AUM goal by 2025
The bank looks to hire 1,500 new employees in Singapore alone and triple AUM.
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Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
Commentary
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