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.

Citi partners with Apollo to form $25b private credit

The program will launch in North America; may expand to other markets in the future.

Citi partners with Apollo to form $25b private credit

The program will launch in North America; may expand to other markets in the future.

EFG Bank clinches three Citi bankers to bolster Hong Kong operations

Seamus Yin, Miao Miao, and Lianghan Chen all previously worked at Citi Private Bank.

Citi names Tokiya Kishie as head of markets for Japan

He is tasked with driving growth and leading the markets franchise in Japan.

Citi Trust to be acquired by JTC

Citi Trust handles $70b of assets owned by UHNW clients.

Citi nabs J.P. Morgan banker to head investment banking financing

Achintya Mangla is now in charge of financing duties for Citi’s global DCM, ECM, syndicate and private capital markets.

Citi nabs BofA, ex-Goldman Sachs’ bankers to boost ANZ markets business

The new senior hires also come from Perennial Partners and MST Financial.

Proposed bill lets police block bank transactions in ongoing scams

The bill does not cover traditional cheating cases involving in-person interactions.

Citi’s wealth unit selling its trust business: report

The bank has been on a selling spree since 2022.

Citi names Yeo Wenxian as wealth head for South Asia

Yeo will also take over as CEO of Citibank Singapore Limited.

Citi names Ed Huntsman as head of financing, markets for Asian markets

Huntsman will remain global head of financing for spread products.

Citi Hong Kong unveils IADS-powered Wealth 360 

Customers can view their deposit accounts across different bank in one place.

Citi ceasing operations in Haiti

The bank said that it will voluntarily surrender its banking license.

Citi names HSBC banker as head of corporate banking in Hong Kong

Matthew Hung is head of corporate coverage for HSBC’s operations in the city.

Citi Commercial Bank targets mid-sized corporates in Japan

This follows CCB’s expansion in France and Ireland in 2023.

Top banks’ assets expanded 5.1% in 2023

HSBC is a top performer, whilst China Merchant’s Bank saw fees decline.