Citi
Citi has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
See below for the Latest Citi News, Analysis, Profit Results, Share Price Information, and Commentary.
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 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 J.P. Morgan banker as head of banking, executive vice chair
Viswas Raghavan was CEO of J.P. Morgan in EMEA since 2017.
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.
South Korea’s major banks saw average lending rate fall in January
This is the second consecutive month of decline.
Weekly Global News Wrap: US banks collect lower overdraft fees; Citi asked to improve internal oversight
And investment to hedge funds hit a new low, according to Goldman Sachs.
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 Korea to enjoy strong capitalisation, stable credit profile through 2025: Moody’s
The bank’s winding down of its consumer banking business is a positive.
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.
Citi names new senior leaders for Asian banking clusters
Leadership changes abound for its investment banking and corporate banking businesses.
Citi completes sale of Indonesia consumer business to UOB
This marks Citi’s ninth and final full consumer divestiture in Asia.
Citi sells $3.6b China consumer wealth portfolio to HSBC
The deal does not include the bank’s institutional business.
Citibank Singapore launching new satellite wealth advisory hubs in 2024
The Parkway Parade hub and One Holland Village hub expands Citi’s physical footprints.
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