Culture
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…
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Citi
Culture
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…
Culture
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…
Culture
Former Citi, Julius Baer bankers to plead guilty in S$3 billion money laundering scandal
TWO former bankers at Citigroup and Julius Baer Group are set to plead guilty for their alleged roles in aiding the movement of illicit…
Culture
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…
Culture
‘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…
Culture
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…
Culture
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 of digital assets held or traded…
Culture
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…
Culture
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…
Culture
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…
Culture
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…
Culture
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,…
Culture
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…
Culture
Citi appoints Nathan Swami as new head of markets for Singapore
He has more than 17 years of experience working with the bank in Singapore, primarily within the Apac trading division [Singapore] Citi on…
Culture
Citi to cut 3,500 tech jobs in China in global revamp
Citigroup will reduce the number of employees at two of its technology centres in China by about 3,500, the bank said on Thursday (Jun 5),…
Culture
Citi launches AI tools for Hong Kong employees
GROUP has launched Citi AI, a suite of artificial intelligence (AI) tools for its employees in Hong Kong, the bank said on Thursday. The…
Culture
SGX falls 6% as initial MAS review group proposals dampen earlier optimism; Citi downgrades to ‘sell’
The counter could potentially give up much of its gains since unveiling its first-half results CITI Research has downgraded its call on…
Culture
SGX falls 5.8% as initial MAS review group proposals dampen earlier optimism; Citi downgrades stock to ‘sell’
The counter could potentially give up much of its gains since unveiling its first-half results SHARES of Singapore Exchange (SGX) fell as…
Culture
Citi Private Bank hires Hoo Peng Han as it rebuilds family office team in Asia
CITI Private Bank has hired Hoo Peng Han as a director of its global family office group in Asia, as it rebuilds its family office team in…
Fashion
Seven & i consortium said to tap Bank of America, Citi for financing
THE consortium proposing to take Seven & i Holdings private has tapped Citigroup and Bank of America (BOA) for financing, adding to a…
Fashion
JPMorgan quits climate finance group, following Citi, Bank of America
JPMORGAN Chase just became the last of Wall Street’s biggest banks to abandon the industry’s largest climate-finance alliance. The No 1 US…
Fashion
HSBC appoints Citi veteran as its new head of international wealth hub for Singapore
HSBC has appointed 22-year veteran Jil Chin as its new head of international wealth hub for Singapore, as the company leads efforts to…
Fashion
Citi and Maybank Securities collaborate to offer global securities lending to Singapore retail investors
This collaboration marks the introduction of Citi Securities Lending Access in Asia CITI and Maybank Securities announced on Wednesday…