Citi

Citi has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

See below for the Latest Citi News, Analysis, Profit Results, Share Price Information, and Commentary. 
 

Citi sells $3.6b China consumer wealth portfolio to HSBC

The deal does not include the bank’s institutional business.

Citi sells $3.6b China consumer wealth portfolio to HSBC

The deal does not include the bank’s institutional business.

Citibank Singapore launching new satellite wealth advisory hubs in 2024

The Parkway Parade hub and One Holland Village hub expands Citi’s physical footprints.

Citigroup to redeem $1.49b in preferred shares for $25

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

Citigroup’s net income rises 2% to $3.5b in Q3

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

DBS clinches most investment banking fees in Singapore

Deutsche Bank is the top bank for M&As, whilst Citi took the largest share for ECM underwriting.

Citi Securities Services joins DLT-powered fractional bond exchange

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

Citibank China clinches Futures Margin Depository Bank approval

It is the first American bank to clinch the approval.

Citi makes new appointments in APAC treasury and trade business

Sumanta Panigrahi is the new APAC TWCS head, whilst Thus De Silva is the new APAC head of commercial cards.

Citi to ramp up social finance in Asia

A special team of 20 bankers was developed for this initiative.

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 Global Wealth unveils ULTIMA credit card for private bank clients

Singapore’s UHNW clients’ spending outpaced pre-pandemic spending by 56%.

Korea's NHI&S picks Citi as global custody provider for business expansion

A South Korean securities firm is expanding its business model to include trustee services.

Citi Commercial Bank unveils CitiDirect Commercial Banking platform

It will be available to customers in Hong Kong, Singapore, and India in H2 2023.