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The Straits Times Citigroup's 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 the first 3 months. including the ST News Tablet worth $398. Let's go! Spin the wheel for ST Read and...

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 climate, John Kerry, and China’s special envoy for climate change, Xie Zhenhua, last Thursday. The c...

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 12 other countries. This week, the bank announced it would exit consumer banking in Australia, Bahra...

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 ongoing strategic review, which will allow Citi to direct investments and resources to the businesses wher...

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 in Asia and EMEA (Europe, Middle East, and Africa) solely from four wealth centers, Singapore, Hong ...