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Citibank
Banking & finance
Citigroup plans job cuts as it revamps top management structure
Citigroup will now focus on five main operating units, including a services unit as well as a trading division.
September 13, 2023
Global Economy
Briefs: MAS penalises Citi, DBS and OCBC for breaches of anti-money laundering requirements; Grab cuts 1,000 jobs
Quoteworthy: "That’s what the great embarrassment for dictators — when they didn’t know what happened." - US's Joe Biden.
June 23, 2023
Banking & finance
UOB’s acquisition of Citi’s consumer banking businesses in Malaysia, Thailand, Vietnam brings customers to over 7 mil
The bank states that it will have close to 8 mil customers by end-2023 after the acquisition of Citi’s Indonesia consumer business
May 10, 2023
Banking & finance
Citi bets on its 'crown jewel'
Citi’s treasury and trade solutions business has bucked a pandemic-era decline to post 32% higher revenue. But what does it do?
May 04, 2023
New appointments
Citibank Singapore appoints Matt Read as retail banking head
In the new role, Read will lead the Singapore retail banking franchise, one of the global bank’s largest business.
February 23, 2023
New appointments
Citi appoints Tibor Pandi as Singapore Citi country officer
Singapore is one of Citi's four wealth hubs globally alongside London, Dubai and Hong Kong.
January 16, 2023
Broker's Calls
Analysts mixed on CDLHT, noting ‘superb’ 3QFY2022, but warn of interest rates risks
Analysts are mixed over the stock's outlook in the face of rising interest rates. Find out why.
October 31, 2022
Broker's Calls
Analysts positive on AREIT following cold storage logistics facility acquisition
CGS-CIMB’s Lock Mun Yee has lifted her TP slightly to $3.21 from $3.20 previously.
September 15, 2022
Broker's Calls
Despite ‘neutral’ call, analysts are upbeat on Parkway Life REIT amid expanding Japan footprint
CGS-CIMB has lifted its TP to $5.06 with higher DPU estimates for the FY2022 to FY2024
September 14, 2022
Broker's Calls
Analysts positive on ESR-LOGOS REIT amid recent acquisition of its first Japan asset
The REIT announced a purchase consideration of the centre of approximately $183.5 million, inclusive of rental support, on Aug 29.
August 31, 2022