Citigroup Inc

Broker's Calls

Eye-popping rally in Asian glove-maker stocks will continue: Citi

The astonishing rally in Asian glove-maker stocks will extend further, as the coronavirus-led boom in demand shows no sign of abating, according to Citigroup Inc.

Global Economy

Traditional companies in Hong Kong and Singapore set to benefit from global 'new business cycle', says Citi

More traditional companies in Hong Kong and Singapore are set to benefit from a “new business cycle” globally as their economies recover from the pandemic, according to Citigroup Inc.’s private-banking arm.
Singapore's GDP estimated to shrink 8.5% after circuit breaker extended: Citi

Singapore economy

Singapore's GDP estimated to shrink 8.5% after circuit breaker extended: Citi

Singapore will witness a deeper recession this year after the nation extended and tightened its partial lockdown, Citigroup Inc. warned, widening its forecast for an economic contraction.

Inequality

Citi Singapore adjusts pay for women who earn less than male peers doing the same work

The move follows a global pay review earlier this year from Citi, which found on average the company’s female employees earn 29% less than the men there.

Fintech

DBS must bulk up or lose fintech turf in Southeast Asia

(Oct 4): Southeast Asia’s largest lender happens to be its most tech-savvy. Why then is Singapore’s DBS Group Holdings missing out on some of the region’s hottest deals in digital banking?

Currencies

Citi joins UBS in setting up Singapore currency trading hub

SINGAPORE (Mar 11): Citigroup Inc. is planning to join UBS AG with an electronic currency trading and pricing platform in Singapore, setting up systems to boost liquidity in Asia’s biggest foreign-exchange hub.

Results

Five key takeaways from the biggest US banks' earnings reports

(Oct 17): As earnings season for the biggest US banks wrapped up on Tuesday, the benefits to Wall Street of rising interest rates and a healthy economy became clear.

China Focus

Foreign investors could plough US$3 tril into China by 2025, Citi says

(July 18): China has opened a path for a transformation of its financial markets that could see them match the US in size and lure more than $3 trillion ($4.1 trillion) in capital from abroad by 2025, according to a study by Citigroup Inc.
Morgan Stanley

Funds

Banks, brokers gird for Brexit-style tumult following US election

NEW YORK (Nov 8): Big global banks, including Morgan Stanley, JPMorgan Chase & Co and Goldman Sachs Group Inc are bracing for potential tumult on financial markets after Tuesday's US election.

Malaysian KFC operator said to choose banks for US$500 mil IPO

KUALA LUMPUR (Nov 1): QSR Brands (M) Holdings Sdn, which operates KFC and Pizza Hut restaurants in Southeast Asia, picked banks to arrange a Malaysian initial public offering next year that could raise about US$500 million ($696 million), people with know
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