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 Commercial Bank unveils CitiDirect Commercial Banking platform

It will be available to customers in Hong Kong, Singapore, and India in H2 2023.

Citi Commercial Bank unveils CitiDirect Commercial Banking platform

It will be available to customers in Hong Kong, Singapore, and India in H2 2023.

MAS fines 4 entities S$3.8m for failures in anti-money laundering controls

DBS and OCBC are fined S$2.6m and S$600,000, respectively.

Citi to provide custody and fund services to Fubon’s latest Hong Kong ETF

The bank works with over 40 ETF issuers covering 500 ETFs in APAC.

Citi Commercial Bank names head of corporate finance for ASEAN

Citi has also named a new country head for Citi Commercial Bank Malaysia.

Citi Indonesia’s net income climbs 52% to $38.29m in Q1

Its Institutional Clients Group registered a 2.5% loan growth during the quarter.

Citibank Korea doubles net income in Q1

The net income of KRW84.9b for Jan-March 2023 is 112% higher than a year ago.

Citi names Vikram Singh as CEO of Malaysia franchise

He reports directly to South Asia and ASEAN head Amol Gupte.

Citi’s institutional, corporate banking arm in Asia sees 14% higher revenue in Q1

The Institutional Clients Group’s net income for Asia went up 31% compared to Q1 2022.

Citi makes new appointments to Treasury and Trade business

This follows the ASEAN appointments from earlier this week.

Citi makes two key appoints for markets, TTS business

Vandana Bhatter and Anoushka Dua have been named in key ASEAN leadership roles.

Citi names Stella Choe as APAC head of new Global Network Banking

GNB brings together relationship managers across Citi’s different banking businesses.

Citi completes sale of Vietnam retail banking, credit card units to UOB

This includes the turnover of approximately 575 related staff.

Citi appointed depositary bank for Hangke’s GDR program

This is in connection with Hangke’s $172.85m IPO of tis GDRs.

Citibank Singapore names retail banking head

Matt Read’s appointment will take effect on 17 April.

Citi entices Hong Kong’s ultra-wealthy with first-ever Global Wealth Centre

The 10,000-square-foot space is staffed by senior bankers and specialists.