citi bank

Retail Asia06/10/2021

Based in Hong Kong, the newly created role will support the bank’s clients with their transition to cleaner energy. Citi has appointed William Pang as head of natural resources and clean energy transition (NRCET) investment banking Asia, effective immediately, the U.S. lender announced in a statement on Tuesday. Pang joined Citi in 2015, and has over 18 […]

Retail Asia30/07/2021

Citi’s wealth management business in Asia Pacific registered a record-high in net new assets during the first half. Citi’s newly merged wealth management unit – Citi Global Wealth (CGW) – attracted nearly $15 billion in net new money across Asia Pacific, according to a statement, mostly from its wealth hubs in Hong Kong, Singapore, London […]

Retail Asia09/07/2021

Citi Private Bank has named a new global market head for China-based in Singapore. Lillian Liao joins Citi Private Bank as a managing director and global market head, China, sources said, reporting to North Asia head of private banking Rudolf Hitsch. A spokesperson for the bank declined to comment. Liao joins from Credit Suisse where she […]

Retail Asia07/07/2021

The bank has appointed five locals to senior positions across Asia Pacific in various business groups, according to an announcement. Chan San-San, who joined Citi in 2003, was appointed private banking high net worth head for Asia Pacific, effective July. She will continue to be based in Singapore and will join the Global Private Bank leadership […]

Retail Asia18/03/2021

Citi Private Bank loses several within its mainland China coverage team, including a veteran relationship manager. Citi Private Bank’s global market manager for southern mainland China, Kevin King, has resigned from the bank, sources said. In addition, another four have also left the China team at the private bank. A spokesperson for the bank declined to comment. […]

Retail Asia23/02/2021

Citigroup is exploring the possibility of downsizing its consumer business worldwide with an eye on selling some of its businesses in the Asia Pacific region. Consumer banking units in South Korea, Thailand, the Philippines and Australia were named for potential divesture, according to a report citing unnamed sources. The Mexico consumer unit is also being reviewed, […]

Retail Asia11/02/2021

Citi’s Hong Kong businesses registered growth across the board, according to an internal memo seen, despite a more than 40 percent drop in profit for the overall group. Citi Hong Kong’s consumer business saw a 44 percent increase in net new money inflows with 9 percent revenue growth in wealth management in 2020, according to […]

Retail Asia16/12/2020

Citibank Singapore is set to see a vitalized drive towards expansion as the American lender shared major targets on hiring, assets and clients following the launch of its new wealth hub in Orchard. Citi will look to double its assets – currently with $280 billion under management – and triple the number of clients by […]

Retail Asia28/06/2015

The combined entities will be led by Jonathan Larsen, who is currently the global head of the company’s retail banking division. The newswire reported that the company has also named Anand Selvakesari head of consumer banking for Asia, a position held by Larsen for the past six years. Latin America’s consumer banking division will in […]

Tag: citi bank

Citi Names Asia Clean Energy Head

Citi Posts All-Time High in APAC Net New Assets

Citi Private Bank Hires Global Market Head for China

Citi Singapore Appoints Senior Execs

Citi Private Bank Loses China Heavyweight

Citi Mulls Sale of Consumer Units in Asia

Citi Hong Kong Bucks Groupwide Profit Trend

Citi Launches Hiring Spree in Singapore

Citigroup’s Retail Banking Reorg