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Citi
M&A
DBS to pay $956 mil in premium to acquire Citi's Taiwan consumer business
The acquisition will help DBS speed up its growth in Taiwan by at least ten years
January 28, 2022
New appointments
Jonathan Gan joins Citi's Private Capital Group as head of South Asia
Citi's Private Capital Group sees a new head for South Asia.
July 13, 2021
New appointments
Citi appoints Serene Gay as head of credit cards and personal loans for global consumer banking in Singapore
In her new role, Gay will oversee credit cards and unsecured lending covering Citi-branded and co-branded cards for consumers.
May 24, 2021
Broker's Calls
There are more opportunities to profit from global markets now: Citi
Diversified asset allocation from dividends and certain fixed income substitutes can help investors capitalise on low rates.
September 21, 2020
Disruption and Digitalisation
APAC companies shifting to subscription-based business models: Citi study
SINGAPORE (Oct 8): Companies in Asia Pacific are increasingly moving towards a recurring fee model where customers pay for a subscription to access products and services rather than a one-time purchase, according to a study commissioned by Citi bank.
October 08, 2019
Investing ideas
Lady Luck smiles on Genting Singapore in 2Q but will it be enough to turn the tables?
SINGAPORE (Aug 6): Genting Singapore (GENS) did not disappoint consensus estimates in the 2Q19 ended June. But it remains to be seen how the integrated resort and casino operator will deal with a challenging mass market business, which saw a considerable
August 06, 2019
Global Economy
Asia ex-Japan may see a less bountiful 2018 after record year of bond transactions: Debtwire
SINGAPORE (Jan 11): The Asian USD high-yield (HY) bond primary market in 4Q17 was boosted by the resurgence of offshore-issuance approvals from Chinese regulators and a continued appetite for new paper.
January 11, 2018
Fintech
MAS-led consortium develops 3 software prototypes for inter-bank payments using blockchain
SINGAPORE (Oct 5): A consortium led by the Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) announced Thursday that it has successfully developed software prototypes of three different models for decentralised interban
October 05, 2017
Citi investment theme for 2017
The future of energy prices is in renewable sources
SINGAPORE (Jan 20): Energy consumption from coal, gas, nuclear and renewable sources in Europe declined 9% over the period from 2010 to 2014. In the same period, electricity demand bucked historic trends and fell 5%.
January 20, 2017
Opt for cyclical yield in a Trump reality
SINGAPORE (Nov 21): Following Donald Trump’s election victory, Citi Research believed the result was part of the “Vox Populi” theme, which showed that people were restless and were “lashing out at the status quo”. This in part explained the Trum
November 22, 2016