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. 

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.

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 TTS APAC client inquiry for API use doubles in H1

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

Citi named top international IPO bank in APAC ex Japan

The bank said that it has raised over $30b from IPOs for its Asian clients.

NAB buys Citi’s Australian consumer business for $882m

Citi Australia’s senior management and about 800 employees are expected to join NAB.

Citi opens new office at Busan International Finance Center

It’s meant to further support its securities services operations in Busan.

Citi rolls out real time liquidity sharing solution in APAC

Treasury teams can mobilize liquidity and fund intraday payments in real-time.

Citi APAC pilots program to help young social entreps scale up their operations

They studied ways to expand to new markets, and refined marketing and growth strategies, amongst others.

Citi names Varun Matta as TMT investment banking head for ASEAN

Matta will be a managing director and will also cover some sponsor clients for the region.

Citi Global Wealth APAC Co-head Fabio Fontainha outlines bank's ambitions

Fontainha expounds on Citi's wealth goals, which include adding $150b AUM across the APAC franchise in four years’ time.

Citi APAC appoints former EY partner to head Spring by Citi

Lloyd will be responsible for leading the bank’s newest TTS digital payment solution.

Why the hybrid work model is here to stay for banks

Banks stand to lose on cost savings and even on attracting talent if they stubbornly push for the return of pre-pandemic work set-up.