APAC

The appointment is effective 1 January 2024.

Any quarterly dividend declared, but not paid prior, will be paid on or before the redemption date.

Revenue was 9% higher at $20.1b during the quarter.

Amongst other accolades, the bank bagged the China International Trade Finance Bank of the Year award as well as its 13th consecutive ASEAN SME Bank of the Year award, attesting to the strength of its extensive ASEAN-Greater China franchise. 

The region is becoming a hub for banking excellence.

Member countries accumulate about 81% of the global population.

Expert underscores generative AI’s strength in streamlining front-of-office work, but banks on human expertise for in-depth development.

Developed markets scored lower than those in emerging markets. 

Industry experts convened to explore the intricate relationship between banks, risk, resilience, and technology in emerging markets.

They hope to fund start-ups offering a range of climate tech solutions.

Evolving risks like geopolitics and cybersecurity are a call for better cash management services.

Citi will integrate tokenised deposits and smart contracts in its global network.

The loan will be available for select eligible activities, such as installation of wind turbines.

Nowadays, organizations must handle the flow of goods and services from suppliers to customers efficiently in order to remain competitive. This includes operations such as inventory management, order processing and shipping.

Citi will provide settlement and custody services in the back end.

Yim joins from Deutsche Bank, where he was CEO of its Hong Kong business.