Citi Asia Pacific achieves record high net new money in wealth management, with over US$20b
KUALA LUMPUR (Dec 16): Citi has, to date, recorded over US$20 billion (RM81.11 billion) in net new money across its regional wealth management business — a record high for the group — surpassing last year's total by over 10%. In a statement, the bank said this has raised its total assets under management (AUM) to US$285 billion, which ranked Citi among the top three wealth managers in Asia Pacific. The result includes its Consumer Banking Wealth Franchise and Private Bank (CPB), which covers emerging affluent to ultra-high-net-worth clients. The bank's wealth franchise includes Citi Prior...
Source: theedgemarkets.com