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 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 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.

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 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.

TMT investment banking activity in APAC slated for growth in H2: Citi

Citi’s clients are “increasingly looking to raise capital” for growth and M&As, it said.

Citi combines in Japan, North Asia, and Australia clusters

This covers markets in East Asia, Australia, New Zealand, Hong Kong and Macau.

Citi names Damien Tan as head of corporate bank for Singapore

Tan was previously head of local corporates for Citi Singapore.

Citi, ABD ink deal to enhance supply chain financing for SMEs in Asia

It is expected to support over $100m of additional trade across APAC.