Business
OCBC taps Citi to roll out securities lending for clients, following Maybank’s earlier move
This covers retail and corporate customers of OCBC Securities and clients of Bank of Singapore OCBC has rolled out a securities lending…
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Citi
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Citi downgrades European equities to neutral after Trump’s tariff threats
Citi downgraded continental Europe on Tuesday to “neutral” for the first time in over a year, saying the latest step-up in transatlantic…
Business
Citi to cut about 1,000 jobs this week
CITIGROUP is set to cut about 1,000 jobs this week as part of chief executive Jane Fraser’s march to keep a lid on costs and improve…
Business
JPMorgan, Citi, Morgan Stanley client data may be exposed by vendor’s hack: report
SitusAMC sys the affected data included corporate information tied to some clients’ dealings with the company Client data for JPMorgan…
Business
Citi is growing rapidly in China on huge interest, CEO says
The lender is focused on serving Chinese companies looking to expand overseas as well as clients with cross-border need Citigroup is…
Business
BYD aims to sell up to 1.6 million vehicles abroad in 2026, Citi says
Chinese electric vehicle maker BYD aims to sell up to 1.6 million vehicles abroad next year, doubling down on overseas expansions with…
Business
Former Citi banker gets longest sentence in S$3 billion money laundering scandal
A former wealth banker at Citigroup got the longest sentence in Singapore’s biggest money laundering case for his role in aiding the…
Business
Former Citi banker Wang Qiming gets longest sentence in S$3 billion money laundering scandal
A former wealth banker at Citigroup got the longest sentence in Singapore’s biggest money laundering case for his role in aiding the…
Business
Citi revenue beats in every division as compensation costs climb
Citigroup beat Wall Street revenue estimates across all five of its major business lines, a haul that’s helping the firm manage rising…
Business
Is Citi about to make crypto boring—and safe?
Crypto is here to stay—and you can take that to the bank. Citibank, perhaps. On Monday morning, CNBC reported that Citi is looking to…
Business
Citi, JPMorgan tout China value stocks as haven amid tariff risk
Banks with strong profit and dividend records are top buy picks, analysts recommend The latest flare-up in Sino-American trade tensions is…
Business
‘Finally’: Citi investment strategist lauds SGX initiatives, says ‘no reason’ Hong Kong should dominate Asian equity markets
It is great that Singapore is “finally” doing something about its equity markets, said Ken Peng, head of Asia investment strategy at Citi…
Business
Citi names banking veteran Lee Lung-Nien as new Singapore country officer and banking head
He will step into the new role on Oct 6, and is the first Singaporean to hold the post in 50 years Citi has appointed Lee Lung-Nien as…
Business
Citi expects global digital asset trades to hit US$2 trillion a day; DBS sees volume surge in H1
In a white paper released this week, Citi projected that in five years, the world will see US$2 trillion in digital assets held or traded…
Business
BlackRock to run US$80 billion for Citi as bank refocuses wealth unit
The move highlights a growing trend among big banks to partner with specialist asset managers Citigroup said on Thursday (Sep 4) it will…
Business
Citi appoints ex-JPMorgan banking veteran as Apac investment banking co-head
Citi has named Kaustubh Kulkarni as its new co-head of investment banking for Japan, Asia North and Australia and Asia South. Kulkarni…
Business
Citi appoints banking veteran as Apac investment banking co-head
Kaustubh Kulkarni is making the move after spending nearly three decades at JPMorgan Citi has named Kaustubh Kulkarni as its new co-head…
Business
Citi charges US$595 for ‘Strata Elite’ credit card to rival Amex, Chase
Citigroup launched a premium credit card designed to rival ones offered by JPMorgan Chase and American Express, the latest entrant in the…
Business
Citi targets Middle East ultra-rich with push to hire private bankers
Citigroup’s private bank is planning a hiring drive for the Middle East region as part of the Wall Street giant’s global expansion of its…
Fashion
Rupiah to consolidate before further gains, Citi strategist says
The Indonesian rupiah’s recent gains are set to pause in the coming month before advancing to levels last seen in December, according to…
Business
Citi joins Goldman in asking junior bankers to reveal if they accepted other jobs
Citigroup’s move echoes steps by other investment banks to dissuade analysts from leaving after short stints Citigroup is asking its new…
Business
Citi to boost Japan investment banking headcount up to 15%, executive says
Citigroup plans to raise its investment banking headcount in Japan by 10 to 15 per cent over the next year and make new hires in…
Business
Credit Suisse, UOB, UBS, Citi among 9 financial institutions penalised S$27 million for roles in S$3b money laundering case
Nine financial institutions (FIs) in Singapore have been penalised a total of S$27.5 million for anti-money laundering related breaches,…
Business
Credit Suisse, UOB, UBS, Citi among 9 financial institutions penalised S$27.5 million for roles in S$3b money laundering case
Nine financial institutions (FIs) in Singapore have been penalised a total of S$27.5 million for anti-money laundering (AML) related…