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Citi Asia Pacific’s work experience program, covering careers in Investment Banking and Markets and Securities Services, has proven popular among undergraduates. Since its launch earlier in July, the bank said that close to 500 students from universities…
Will McLane was named Asia Pacific vice chairman of technology at Citi, according to an internal memo, in addition to his existing role as vice chairman of the global financial institution’s group (FIG). We have asked McLane to assist the APAC technology team…
Citi names the successor to former Asia Pacific head of corporate banking Gerry Keefe, who will take on the new role in the bank. Citi appointed Kaleem Rizvi as its new APAC head of corporate banking last week, according to a statement. In his new Hong…
Fears among graduates that virtual or shortened internship programs at banks amid the Covid-19 pandemic will make it more difficult for them to secure a job after completing the program have been alleviated, at least for Citi’s summer interns. The bank…
The American lender nabbed an ex-Deutsche Bank investment banker to lead the unit, claiming to anticipate increased fundraising and M&A activity in the second half. Alex Cartel joins, effective July 2020, as the head of investment banking for Citi Australia…
His career spans multiple functions and geographies, bringing together data, technology and culture in building Citi’s brand strategy and positioning. After 16 years at Citibank, marketeer Mayank Dutt is joining Mastercard as its head of marketing and…
First-quarter profits plummeted 46 percent at Citigroup due in part to its high exposure to unsecured lending via credit cards. Citi posted $2.52 billion in first-quarter profits and set aside $4.9 billion in anticipation of increasing defaults fuelled by the…
First-quarter profits plummeted 46 percent at Citigroup due in part to its high exposure to unsecured lending via credit cards. Citi posted $2.52 billion in first-quarter profits and set aside $4.9 billion in anticipation of increasing defaults fuelled by the…
Lower-income staff at Citi will receive payouts in line with chief executive Michael Corbat’s call to extend global support during the crisis. Hong Kong-based employees with an annual base salary of HK$470,000 (US$60,622) or less will receive a one-time…
Lower-income staff at Citi will receive payouts in line with chief executive Michael Corbat’s call to extend global support during the crisis. Hong Kong-based employees with an annual base salary of HK$470,000 (US$60,622) or less will receive a one-time…
Citi is the latest in Asia to tap into the digital commerce channel amidst the coronavirus pandemic, partnering with major Hong Kong e-shopping platform HKTVmall. Citi Hong Kong’s partnership with the renowned HKTVmall will include a specialized credit card…
Citigroup’s South Asia head of private banking is leaving the firm at the end of March. Jyrki Rauhio, Citigroup’s South Asia head of private banking, is leaving the bank at the end of March «to pursue other opportunities», according to an internal memo.…
The senior executive takes on a new role, according to an internal memo shared after two decades with Citi’s equities and markets unit. Citi has appointed Andrea Fletcher as its chief operating officer for Asia. In the newly created role based in Hong Kong,…
From its current 5 percent, Citibank Singapore plans to double its wealth management market share alongside the number of clients by 2025. The bank’s Singapore chief executive Brendan Carney believed that the retail and wealth management business could…
The move is part of the bank’s initiatives to create an inclusive workplace and follows moves to increase female representation in senior roles and narrow the wage gap between male and female staff. Citi Singapore is extending its paid paternity leave from…
A former investment banker with Citi will be returning to the American lender to lead its financial institution’s group for Hong Kong. Loretta Ko joins as the head of the FIG unit for Hong Kong from Banco Santander, where she held the same position. In…
