Citibank

Citibank is the consumer division of financial services multinational company Citigroup. It was founded in 1812 as the City Bank of New York, and later became First National City Bank of New York. The bank has 2,649 branches across 19 countries.
See below for the Latest Citibank News, Analysis, Profit Results, Share Price Information, and Commentary.

UnionBank to buy Citi’s Philippine consumer banking franchise for $908m

Around 1,750 Citi employees are expected to transfer to UnionBank.

UnionBank to buy Citi’s Philippine consumer banking franchise for $908m

Around 1,750 Citi employees are expected to transfer to UnionBank.

Citi Vietnam appoints new country officer

Ramachandran A.S. will oversee Citi’s operations and serve as main regulatory representative.

Citi raises record $40b sustainable financing for APAC clients in 2021 YTD

This was thanks to Alibaba’s $5b offerings and a $2.5 bond issuance by SK hynix.

Citi names global head of D10X under institutional clients group

The D10X focuses on the development of new solutions for Citi's institutional clients.

Citi Hong Kong, CGB team up to offer wealth services under Wealth Management Connect

Citi plans to offer around 100 types of wealth products from the mainland.

Citi appoints head of natural resources & clean energy transition in Asia

William Pang will work with other NRCET leaders globally.

MAS, Singapore banks build digital platform against money laundering

This will allow sharing of customer and transaction data on money laundering cases.

Citibank Asia invests in transformation to keep winning through

Agility, innovation, flexibility, and fast results defined the bank’s new strategy. Citibank Asia’s director of Applications, Himanshu “HeMan” Shrivastava, acknowledged the challenges Citibank Asia faced to stay and win in the competition; and how investing in the right solutions made a huge difference.

Citibank named top bank in Singapore customer experience study

Its net promoter score rose 35% in 2021 from end-2020.

Citi APAC appoints head of sustainability & corporate transactions for BCMA group

Rapheal Mun will relocate from Singapore to London for her new role.

Accelerate the digital banking evolution and move ahead of the curve

The roadmap to success for many organizations has been defined by digital transformation. However, since the Covid-19 crisis started, organizations across many industries had to accelerate and redefine their plans to keep pace with the dramatic changes in the business landscape.

Banks welcome launch of Wealth Management Connect in Guangdong-Hong Kong-GBA 

BEA highlights hiring plans, whilst Citi says it will offer 100 types of wealth products under WM Connect.

Citi unveils help desk to help Chinese emerging companies expand in Singapore

Clients will be able to access advice about local operating and regulatory environments, amongst others.

Citi boosts Asia ECM team with new hires

A couple of former JP Morgan bankers are joining the global bank’s ECM crew in Asia.

Citibank Korea postpones exit plan decisions until September —report

This marks the second delay in its exit plan decision.

Citi TTS APAC client inquiry for API use doubles in H1

They have processed close to 350 million API calls for corporate clients since 2017.