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.

Citibank Asia invests in transformation to keep winning through

Agility, innovation, flexibility, and fast results defined the bank’s new strategy. Citibank Asia’s director of Applications, Himanshu “HeMan” Shrivastava, acknowledged the challenges Citibank Asia faced to stay and win in the competition; and how investing in the right solutions made a huge difference.

Citibank Asia invests in transformation to keep winning through

Agility, innovation, flexibility, and fast results defined the bank’s new strategy. Citibank Asia’s director of Applications, Himanshu “HeMan” Shrivastava, acknowledged the challenges Citibank Asia faced to stay and win in the competition; and how investing in the right solutions made a huge difference.

Citibank named top bank in Singapore customer experience study

Its net promoter score rose 35% in 2021 from end-2020.

Citi APAC appoints head of sustainability & corporate transactions for BCMA group

Rapheal Mun will relocate from Singapore to London for her new role.

Accelerate the digital banking evolution and move ahead of the curve

The roadmap to success for many organizations has been defined by digital transformation. However, since the Covid-19 crisis started, organizations across many industries had to accelerate and redefine their plans to keep pace with the dramatic changes in the business landscape.

Banks welcome launch of Wealth Management Connect in Guangdong-Hong Kong-GBA 

BEA highlights hiring plans, whilst Citi says it will offer 100 types of wealth products under WM Connect.

Citi unveils help desk to help Chinese emerging companies expand in Singapore

Clients will be able to access advice about local operating and regulatory environments, amongst others.

Citi boosts Asia ECM team with new hires

A couple of former JP Morgan bankers are joining the global bank’s ECM crew in Asia.

Citibank Korea postpones exit plan decisions until September —report

This marks the second delay in its exit plan decision.

Citi TTS APAC client inquiry for API use doubles in H1

They have processed close to 350 million API calls for corporate clients since 2017.

Citi named top international IPO bank in APAC ex Japan

The bank said that it has raised over $30b from IPOs for its Asian clients.

Citi opens new office at Busan International Finance Center

It’s meant to further support its securities services operations in Busan.

Citi rolls out real time liquidity sharing solution in APAC

Treasury teams can mobilize liquidity and fund intraday payments in real-time.

Citi Commercial Bank enables digital account opening in Hong Kong, Singapore

About 750 new accounts have been opened in four APAC markets through the new portal.

Citi APAC pilots program to help young social entreps scale up their operations

They studied ways to expand to new markets, and refined marketing and growth strategies, amongst others.

Citi APAC raises record $25b in sustainable funds for clients in H1 2021

Amongst the transactions is Alibaba Group’s $5b four-part offering in February.

Citi Global Wealth APAC Co-head Fabio Fontainha outlines bank's ambitions

Fontainha expounds on Citi's wealth goals, which include adding $150b AUM across the APAC franchise in four years’ time.