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. 

TMT investment banking activity in APAC slated for growth in H2: Citi

Citi’s clients are “increasingly looking to raise capital” for growth and M&As, it said.

TMT investment banking activity in APAC slated for growth in H2: Citi

Citi’s clients are “increasingly looking to raise capital” for growth and M&As, it said.

Citi combines in Japan, North Asia, and Australia clusters

This covers markets in East Asia, Australia, New Zealand, Hong Kong and Macau.

Citi names Damien Tan as head of corporate bank for Singapore

Tan was previously head of local corporates for Citi Singapore.

Citi, ABD ink deal to enhance supply chain financing for SMEs in Asia

It is expected to support over $100m of additional trade across APAC.

Citi names Amit Dhawan as head of CCB Singapore

Dhawan has been head of emerging corporates for Asia since 2017.

Citi is Asia’s top equity capital markets underwriter in Q1

The bank reportedly commanded a total issuance volume double to its closest rival.

Citi names Janus Wu as IPB head for Hong Kong

Wu, who was Shenzhen branch manager, has relocated to Hong Kong.

Citi appoints Lin Hai as head of China commercial bank business

Lin was most recently head of corporate sales & solutions for China and HK.

Citi’s Shally Koh on how to foster a more diverse banking organisation

The bank is touting its male allyship and mother support programs as part of its bid for gender equality.

Citi opens two new wealth centres in Singapore

One Holland Village and Parkway Parade have floor areas exceeding 3,000 sqft.

Citi names Joy Cheng as head of Hong Kong commercial bank arm

Cheng brings 30 years of banking experience to the role.

Citi completes proof of concept on tokenization of private funds

It found new functionalities that could lower barrier-to-entry, Citi said.

Citi Securities Services launched FIX API connectivity in ETF platform

This comes at just the right time with the ETF industry's impending move to T+1.

Citi names Luke Lu as head of banking in China

He will oversee all of Citi’s business and operations in China.

Weekly Global News Wrap: Citi to cut 20,000 jobs in two years; Spain’s BBVA expects higher dividend payout

And crypto firms in UK are introducing new risk assessment and profile tests ahead of stricter regulations.

Weekly Global News Wrap: Citi to exit distressed-debt trading business; Korea seeks to fine HSBC, BNP Paribas

And Germany seizes $790m from the bank account of a Russian financial institution.