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.
Weekly Global News Wrap: UBS face stricter capital reqs; BBVA eyes Abu Dhabi branch
Weekly Global News Wrap: UBS face stricter capital reqs; BBVA eyes Abu Dhabi branch
And Citi exec expects banking and trading performances to improve.
6 days ago
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 names Prashant Thakker as head of Asia South Corporate Bank
He has spent 18 years in Citi.
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.
Citi Services launches PayTo initiator for institutional clients
The bank’s clients can initiate account-to-account payments from the service.
Citi’s Corporate and Investment Banking sees 84% rise in M&A fees
It captured 5% of the global investment banking wallet share in Q1.
Citi names Goldman Sachs banker as head of markets solutions in Asia South & North
Chan spent 10 years as head of FICC and equity distribution for SEA at GS.
Citi names Akira Hoshino as head of markets for Japan
Hoshino was head of FX and has led Citi’s rates sales since 2022.
Citi Private Bank unveiled new philanthropy advisory solutions in Asia
Services include donor-advised funds or funding donations through charity partners.
Citi Indonesia names Wit Oemar as head of corporate banking
He is one of the founding members of Citi Commercial Bank in Indonesia.
Citi eyes 10% increase in social finance funding in Asia
Over $2b in social finance transactions were raised in Asia in 2024.
Citi names Jeff Wu as head of market sales for China
Wu will relocate to Shanghai.
Citi unveils real-time 24/7 liquidity mgmt solution in Thailand
With 7-Day Sweeps, cash concentration capabilities are extended to non-business days.
OCBC taps Citi alt chief executive to lead Hong Kong consumer and wealth businesses
Josephine Lee had served as wealth head for retail banking in Citi Hong Kong.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
