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.
DLT, digital money rise as securities sector eye faster settlements
DLT, digital money rise as securities sector eye faster settlements
The move to T+1 has given birth to challenges in the securities ecosystem, said Citi.
DBS completes integration of Citi Taiwan consumer business
Almost 3,000 Citi employees are now part of DBS Taiwan.
Citi names Gunjan Kalra as APAC head of Citi Commercial Bank
Kalra has been APAC head of corporate sales and solutions since 2021.
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 names Rajak Madhok as global head of Citi Commercial Bank credit risk
Madhok will relocate to New York.
Citi makes two key appoints for markets, TTS business
Vandana Bhatter and Anoushka Dua have been named in key ASEAN leadership roles.
Citi appoints Bhanu Vohra as India head of commercial banking
He reports to Tushar Vikram and Rajat Madhok.
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.
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