Page 6 - ப்ளூம்பெர்க் சிட்டி குழுமம் இன்க் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Citigroup’s UAE Wealth-Management Unit Plans to Triple Assets By January 12, 2021 (Bloomberg) Citigroup Inc.’s wealth-management business in the United Arab Emirates plans to triple assets under management to $15 billion over the next five years by increasing the number of its client-relationship managers. As part of the strategy, Citibank UAE is targeting to quadruple the number of affluent clients in the country, the company said in an emailed statement. The growth will partly come from a mix of physical and digital investments and providing more access to its institutional products and content to retail customers. New York-based Citigroup is deepening its foothold in the Middle East as some rivals like Credit Suisse Group AG and Standard Chartered Plc scale back their wealth-management and private-banking businesses as part of global reorganizations and staff reductions. Others, including UBS Group AG, have been making a bigger push into a region flush with oil-we

United arab emiratesNew zealandStandard chartered plcCredit suisse groupWorld bankBloomberg citigroup incYork based citigroupMiddle eastSuisse groupHunts growthEmerging marketsஒன்றுபட்டது அரபு அமீரகங்கள்புதியது ஜீலாந்துதரநிலை பட்டய ப்ல்கடன் ஸ்யூயி குழுஉலகம் வங்கி