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Citigroup to hire 2,300 staff in Singapore and Hong Kong to boost global wealth business

The Straits Times Citigroups hiring spree in the region will include 1,100 relationship managers and private bankers.PHOTO: EPA-EFE https://str.sg/Jyjw They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/month for th...
Hong Kong Jim Odonnell Citi Asia Pacific Peter Babej Asia Pacific Global Wealth

The week in review: China, US join hands to tackle climate crisis, Citi to exit Mainland consumer banking, CBIRC calms market over Huarong worries

By Addison Gong 05.00 AM In this round-up, Beijing and Washington pledge to fight climate change together, Citi plans to set up onshore securities and futures companies as it ends consumer banking operations in 13 markets including China, and the banking and insurance regulator reassures the market that Huarong Asset Management Co’s operations are stable. China and the US have issued a joint statement on climate change, after a meeting in Shanghai between US special presidential envoy for cli...
France General Hong Kong Xie Zhenhua John Kerry Citi Asia Pacific Jane Fraser

Citi changes focus to wealth units

Citi changes focus to wealth units Bank exits retail banking in 13 countries, mostly in Asia published : 17 Apr 2021 at 04:00 1 The Citigroup logo atop a building in Sydney, Australia on Friday. The bank remains committed to maintaining its global network and institutional banking franchises in markets it is exiting. Citi remains fully committed to Thailand and Asia-Pacific even as it announced plans to exit consumer banking in Thailand and ...
Hong Kong Republic Of United Arab Emirates City Of United Kingdom New South Wales

Citigroup to close consumer banking franchises in Philippines, 12 other countries

Citigroup to close consumer banking franchises in Philippines, 12 other countries By TED CORDERO, GMA News Published April 16, 2021 1:00pm US banking behemoth Citigroup will be closing its consumer banking in 13 countries, including the Philippines, as it plans to refocus its global operations to areas with the “greatest scale and growth potential.” In a statement posted on its website, Citi announced its “strategic actions” in its Global Consumer Banking “as part of an ongoin...
Hong Kong Republic Of United Arab Emirates City Of United Kingdom Aftab Ahmed

Citigroup to exit retail banking in Philippines

BusinessWorld April 16, 2021 | 7:28 pm A general view of the Citibank headquarters in Kuala Lumpur, Malaysia September 15, 2020. -- REUTERS/Lim Huey Teng Citigroup, Inc. will leave its consumer banking business in 13 Asia-Pacific markets, including the Philippines, but continue to maintain a corporate banking presence. “As a result of the ongoing refresh of our strategy, we have decided that we are going to double down on wealth. We will operate our consumer banking franchise ...
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Citi Vietnam wins Digital Bank of the Year award

Citi Vietnam wins Digital Bank of the Year award 11:32 | 14/04/2021 Citi Vietnam’s mobile-first strategy empowers customers to do the majority of their banking needs remotely Citi was also named Digital Bank of the Year in the Asia-Pacific as well as Hong Kong, India, Indonesia, South Korea, Thailand, Bahrain, and the UAE in The Asset’s Triple A Digital Awards 2021. Separately, in the magazine’s Triple A Sustainable Capital Markets Regional Awards...
Republic Of Hong Kong South Korea Citi Asia Pacific Peter Babej Thuy Lai
Source: vir.com.vn

Citigroup considering divesting some Asia-Pacific consumer units

Citigroup considering divesting some Asia-Pacific consumer units February 22, 2021 | 12:03 am CITIGROUP, INC. is weighing divesting certain retail banking units in the Asia-Pacific Region, including those in South Korea, Thailand, the Philippines and Australia. — REUTERS CITIGROUP, INC. is studying options for slimming down the firm’s sprawling international consumer operations as part of incoming Chief Executive Officer Jane Fraser’s efforts to simplify the bank. The company is weighing ...
United States South Korea Jane Fraser Peter Babej Michael Corbat Jennifer Lowney

Citigroup looking to divest some foreign consumer units

The Straits Times Move is part of incoming CEOs plan to simplify banks business, say sources Citigroup recently opened its largest wealth advisory hub, located at 268 Orchard Road, in Singapore. ST PHOTO: TIMOTHY DAVID PublishedFeb 22, 2021, 5:00 am SGT https://str.sg/JHRd They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimi...
United States South Korea Jane Fraser Peter Babej Michael Corbat Brendan Carney

Citigroup considering divesting some foreign consumer units

Citigroup considering divesting some foreign consumer units Citigroup’s operations in Asia are led by Peter Babej, who previously headed up the lender’s business of advising banks and other financial institutions on mergers and acquisitions. (REUTERS)Premium . Updated: 20 Feb 2021, 06:29 AM IST Bloomberg The company is weighing divesting certain units across retail banking in the Asia-Pacific region, including those in South Korea, Thailand, the Philippines and Australia Share Via Read F...
United States South Korea Tamil Nadu Jane Fraser Peter Babej Michael Corbat

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