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

The move to T+1 has given birth to challenges in the securities ecosystem, said Citi.

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 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.