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Citigroup (Citi)
Cybersecurity
DBS latest bank to roll out anti-scam measures, after OCBC and Citi
DBS will restrict app access when it detects potential security risks.
September 26, 2023
Blockchain
Citi introduces token services for institutional clients
The new service will integrate tokenised deposits into the bank’s global network and upgrade its core cash management capabilities
September 19, 2023
Disruption and Digitalisation
Citi Securities Services becomes first digital custodian on world's first fractional bond exchange
Citi’s partnership with BondbloX Bond Exchange allows clients to trade fractionalised and full-sized bonds almost immediately.
September 15, 2023
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
Environmental, Social and Governance
Citi to build on social finance efforts across South Asia and Southeast Asia
The move to focus on Asia will further support Citi’s existing work across social finance in the region.
September 12, 2023
Anti-money laundering
Citi, CIMB used by accused in Singapore’s laundering scandal
The two lenders were used in 2020 and 2021 by some of the foreign nationals who were arrested in raids this week.
August 18, 2023
News
New Beatles song shows AI opportunity for music, Citigroup says
“It highlights that the debate around risk/opportunity from AI for music is more nuanced than [we thought]."
June 16, 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
Company in the news
Citigroup wealth unit halts margin loans on Adani securities
When a private bank cuts lending value to zero, clients typically have to top up with cash or another form of collateral.
February 02, 2023
Banking & finance
DBS obtains approval from Taiwan authorities on Citigroup purchase
DBS, on Jan 28, said that it will pay a premium of $956 million in cash, plus the value of its assets for the acquisition.
December 23, 2022