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Citibank Singapore’s head of retail banking Charles Wong is set to join the Grab-Singtel entity that is bidding for a digital full bank in Singapore. With strong credentials for bringing about a strong turnaround of Citi Singapore’s business, Charles Wong is…
Citi Private Bank internally promotes a heavyweight banker to become a global market manager based in Hong Kong. Kevin King has been named as the global market manager for southern mainland China. He was most recently a team head covering the offshore Chinese…
The bank is expanding its local research team as it hopes to strengthen its research insights and provide tailored insights on the implications for Australia. Citi Australia is bolstering its research capabilities with the addition of Faraz Syed, the bank…
As part of its network reconfiguration, Citi is shuttering its iconic branch at McDonald House on 28 February. For its replacement, the U.S. bank said it will soon launch a whole new and exciting retail banking branch experience after its MacDonald House…
Citi’s head of retail banking in the city-state leaves after more than two decades with the American lender. Charles Wong exits the bank after nearly five years in his last role as Singapore head of retail banking. A spokesperson for the bank confirmed his…
Citi Private Bank hires a former managing director from UBS to lead its South Asia FX advisory team based in Singapore. Christian Schuwey joins the bank, effective immediately, with responsibilities to drive «significant growth» in Australia, Brunei, India,…
In a move to narrow wage gaps between male and female staff, Citi Singapore has adjusted the pay of women at its bank. Its female staff did not receive equal compensation when compared with their male peers of equal work performance. In Singapore, the bank’s…
In a move to narrow wage gaps between male and female staff, Citi Singapore has adjusted the pay of women at its bank. Its female staff did not receive equal compensation when compared with their male peers of equal work performance. In Singapore, the bank’s…
Citigroup’s investment bank plans to recruit 2,500 programmers this year as technology reshapes the business. The move should save as much as $600 million in 2020. Citi intends to beef up the unit that houses its traders and investment bankers with coders and…
Citigroup president Jane Fraser looks poised to become a Wall Street bank’s first female chief. 52-year-old Jane Fraser could become the first female boss of a major Wall Street bank. Her promotion to the number-two job at Citi comes at a crucial juncture for…
Citi and e-commerce platform Lazada Group announced the launch of the Citi Lazada credit card in Singapore on Monday. The new co-brand credit card allows millennial shoppers to enjoy the launch promotions and card benefits as they shop online during the…
Jane Fraser is landing a $12.5 million bonus as the bank looks to retain a likely successor to Chief Executive Officer Michael Corbat. The board’s compensation committee granted the award «in recognition of Fraser’s recent promotion to president and to…
Citigroup hired two investment bankers from HSBC Holdings in Asia as part of its efforts to strengthen its Chinese real estate advisory business. Kara Wang has joined Citigroup as managing director and co-head of real estate investment banking for Asia,…
Google is in talks with U.S. banks about offering checking accounts to its customers. The jointly-developed accounts could mirror the forms deployed in Asia. Google has said it is working with initial partners – Citigroup and Stanford Federal Credit Union –…
Citigroup had initially been listed in the IPO document of Fangdd Network Group in the second position after Morgan Stanley, but did not appear on the press statement last Friday on the Nasdaq Global Market. Citi had been hired as the second bookrunner on the…
Citi will drop links to two-thirds of the existing foreign exchange platforms it is using, in a move to consolidate technology and reduce costs. Citi will reduce the number of FX platforms it uses from 45 to 15 by the first quarter of 2020, citing anonymous…
