Citi
Prudential taps Citi private banker to be new Singapore CEO
PRUDENTIAL has appointed Chan San San, a Citi private banker, as its new chief executive officer for Prudential Singapore, the insurer said on Thursday (Jun 27).
Chan will take over...
US regulators chide four big-bank living wills, FDIC escalates Citi concerns
US bank regulators ordered Bank of America, Citigroup, Goldman Sachs and JPMorgan Chase on Friday (Jun 21) to bolster plans for how they could be safely resolved in bankruptcy,...
Citi sees AI displacing more finance jobs than any other sector
CITIGROUP said artificial intelligence (AI) is likely to displace more jobs across the banking industry than in any other sector as the technology is poised to upend consumer finance...
Citi CFO Mark Mason says investment banking fees likely up 50%
CITIGROUP said it expects banking fees to surge 50 per cent in the second quarter compared with a year earlier on better prospects for merger advice and debt and...
Citi emphasises focus on regulatory fixes as it lays out growth targets
CITIGROUP will intensify its efforts to fix regulatory problems as it seeks to boost future profits, its top executives told investors on Tuesday (Jun 18).
The lender has faced regulatory...
Citi pitches money-moving ‘crown jewel’ as central to revamp
CITIGROUP is putting one of its least glamorous businesses front and centre in its upgrade project, aiming to show how a sprawling system of moving money around the world...
JPMorgan M&A head in South-east Asia Johannes Roth leaves to join Citi
JPMorgan Chase’s head of mergers and acquisitions (M&A) for South-east Asia, Johannes Roth, has left to join Citigroup, according to people with knowledge of the matter.Roth tendered his resignation...
HSBC adds over 300 to China headcount after Citi wealth acquisition
HSBC said on Tuesday (Jun 11) it had boosted its headcount in China by more than 300, as the Asia-focused lender completed the acquisition of Citigroup’s consumer wealth portfolio...