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 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.
Deutsche Bank nabs Citi banker as head of global corp coverage in India
Manik Chhabra joins Deutsche Bank beginning 19 August.
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 Australia names David Bailey as head of debt capital markets
Bailey returns to Australia from New York.
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.
Citi names ex-BNP Paribas banker as new head of markets for Thailand
Nattaphan Assavavisessivakul was head of global markets and ALM Treasury at BNP Paribas.
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Banks should boost their online infrastructure as digital assets become the norm.
Banks should boost their online infrastructure as digital assets become the norm.
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