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.
Banks welcome launch of Wealth Management Connect in Guangdong-Hong Kong-GBA
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.
Citi unveils help desk to help Chinese emerging companies expand in Singapore
Clients will be able to access advice about local operating and regulatory environments, amongst others.
Citi boosts Asia ECM team with new hires
A couple of former JP Morgan bankers are joining the global bank’s ECM crew in Asia.
Citibank Korea postpones exit plan decisions until September —report
This marks the second delay in its exit plan decision.
Citi TTS APAC client inquiry for API use doubles in H1
They have processed close to 350 million API calls for corporate clients since 2017.
Citi named top international IPO bank in APAC ex Japan
The bank said that it has raised over $30b from IPOs for its Asian clients.
Weekly Global News Wrap: HSBC’s US investment arm raises new analysts’ pay to $100,000; Citi, HSBC, other firms move to close Asia’s coal-fired plants
And JPMorgan’s new healthcare unit invests $50m in Vera Whole Health.
Citi opens new office at Busan International Finance Center
It’s meant to further support its securities services operations in Busan.
Citi rolls out real time liquidity sharing solution in APAC
Treasury teams can mobilize liquidity and fund intraday payments in real-time.
Citi Commercial Bank enables digital account opening in Hong Kong, Singapore
About 750 new accounts have been opened in four APAC markets through the new portal.
Citi APAC pilots program to help young social entreps scale up their operations
They studied ways to expand to new markets, and refined marketing and growth strategies, amongst others.
Citi APAC raises record $25b in sustainable funds for clients in H1 2021
Amongst the transactions is Alibaba Group’s $5b four-part offering in February.
Citi Global Wealth APAC Co-head Fabio Fontainha outlines bank's ambitions
Fontainha expounds on Citi's wealth goals, which include adding $150b AUM across the APAC franchise in four years’ time.
Citi appoints 5 Singaporeans to senior positions across APAC
This includes the new head of Integrated Corporate Bank for its Taiwan business.
Citi APAC appoints former EY partner to head Spring by Citi
Lloyd will be responsible for leading the bank’s newest TTS digital payment solution.
Why the hybrid work model is here to stay for banks
Banks stand to lose on cost savings and even on attracting talent if they stubbornly push for the return of pre-pandemic work set-up.
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ABF Corporate & Investment Banking Awards 2024 Winner: Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank)
VietinBank won Project Infrastructure Finance Deal of the Year - Vietnam at the ABF Corporate & Investment Banking Awards 2024.
Commentary
Southeast Asia’s digital banks – the road from good to great