Citigroup

Citigroup, or Citi, is an American multinational investment bank and financial services company. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998. It owns Citicorp, the holding company for Citibank.

In 2018, policy research and development entity Financial Stability Board named Citigroup amongst the list of 29 banks worldwide that they considered "systemically important financial institutions", that is, financial organisations whose size and role meant that any failure could cause serious systemic problems. 

Citi hires HSBC banker as head of China global banking network

Luen-Yuan Chu will head the corporate banking of international companies operating in China.

Citi expands JANA and Asia South teams with new senior hires

In-house banker Adrian Khoo has been named co-head of DCM for JANA and Asia South.

Citi expands tokenisation, real-time tools for corporate treasuries

Its suite of digital services optimises cash positioning and cuts operational friction.

Citi Markets to grow Asia rates and prime business headcount by up to 10%

IPO activity has rebounded and Citigroup traders posted their best Q2 period in 5 years.

Citi expands research to include private companies

They will focus on roughly 100 private firms, primarily in the tech sector.

Citi teams up with Ant to improve airline FX solutions

The Falcon TST Model can predict future data points by learning patterns using AI.

Citi nabs Nomura senior MD as co-head of investment banking in Japan

Citi managing director Taiji Nagasaka will lead alongside new hire Akira Kiyota.

Citi names Nathan Swami as head of markets for Singapore

Smith Smithangura is retiring by the end of June 2025.

Citi Singapore almost triples wealth transactions after digital revamp

Four of five clients use the bank’s mobile app regularly. 

Weekly Global News Wrap: UBS face stricter capital reqs; BBVA eyes Abu Dhabi branch

And Citi exec expects banking and trading performances to improve.

Citi clinches ANZ banker as new head of markets for Indonesia

Benny Aroeman has also worked in DBS, HSBC, and Deutsche Indonesia previously.

Citi to slash 3,500 jobs in China

Layoffs will affect its global tech solution centres in Shanghai and Dalian.

Citi ANZ names John McLean as head of ECM and GAM

McLean will relocate from Singapore to Sydney, Australia.

Citi nabs BofA banker to lead Chinese banking operations

Wenjie Zhang will join Citibank (China) in July 2025.

Citi strengthens ANZ team with Jefferies, JP Morgan, Credit Agricole hires

Paul Buys joins from Canaccord Genuity as head of research for Australia and New Zealand.