Citigroup (Citi)

Banking & finance

Citibank to shut last ‘transactional’ branch in S’pore next month as it eyes wealthy customers

The bank will offer some in-person services at its three wealth management centres during this transition.
Citi sees AI displacing more finance jobs than any other sector - THE EDGE SINGAPORE

Artificial Intelligence

Citi sees AI displacing more finance jobs than any other sector

About 54% of jobs across banking have a high potential to be automated, the bank said Wednesday in a new report on AI.

Anti-money laundering

Singapore banks probe rich clients after money-laundering case

The Monetary Authority of Singapore recently completed on-site inspections of some banks that were involved in the case.

New appointments

Citi appoints Damien Tan as head of corporate bank for Singapore

Citi appoints Damien Tan as head of corporate bank for Singapore
HSBC appoints Gilbert Ng as Singapore head of global banking - THE EDGE SINGAPORE

New appointments

HSBC appoints Gilbert Ng as Singapore head of global banking

Ng was formerly the head of corporate banking, Singapore, at Citigroup.

Banking & finance

Wall Street's ambitions in China run into a rising firewall

The impact of China’s slowing growth and US bankers’ concerns are increasingly visible in banks’ quarterly reports.
In conversation with StanChart, Citi and HSBC sustainable finance heads - THE EDGE SINGAPORE

Environmental, Social and Governance

In conversation with StanChart, Citi and HSBC sustainable finance heads

As we enter the new year, The Edge SG speaks to sustainable finance heads at these three global banks to learn how they operate.

Banking & finance

Citigroup cuts over 300 senior manager roles in latest restructuring

The company started announcing the cuts. which affect staffers two levels below CEO Fraser’s executive management team, on Monday

Banking & finance

Singapore's DBS, Citi suffer service outage on data centre issue

The latest disruption follows delays experienced by DBS customers last month.
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