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 launches digital proxy voting service in Australia, New Zealand

Investors can vote and receive confirmation in real-time.

Citi launches digital proxy voting service in Australia, New Zealand

Investors can vote and receive confirmation in real-time.

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 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 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 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 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.

Weekly Global News Wrap: US banks’ profits to fall; Crypto lender Celsius goes bankrupt

And UBS appoints Iqbal Khan as head of its wealth management division.