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This covers retail and corporate customers of OCBC Securities and clients of Bank of Singapore OCBC has rolled out a securities lending programme that will allow customers to lend out…
Citi downgraded continental Europe on Tuesday to “neutral” for the first time in over a year, saying the latest step-up in transatlantic tensions and tariff uncertainty dented the…
CITIGROUP is set to cut about 1,000 jobs this week as part of chief executive Jane Fraser’s march to keep a lid on costs and improve returns at the Wall Street bank. The company, which had…
SitusAMC sys the affected data included corporate information tied to some clients’ dealings with the company Client data for JPMorgan Chase, Citi, Morgan Stanley and other major banks may…
The lender is focused on serving Chinese companies looking to expand overseas as well as clients with cross-border need Citigroup is growing “rapidly” in China with reviving interest from…
Chinese electric vehicle maker BYD aims to sell up to 1.6 million vehicles abroad next year, doubling down on overseas expansions with high double-digit growth from 2025, Citi said in a…
TWO former bankers at Citigroup and Julius Baer Group are set to plead guilty for their alleged roles in aiding the movement of illicit funds by several people convicted in Singapore’s…
Former Julius Baer Group Ltd. banker Liu Kai is scheduled to plead guilty on Friday A former wealth banker at Citigroup Inc. got the longest sentence in Singapore’s biggest money…
A former wealth banker at Citigroup got the longest sentence in Singapore’s biggest money laundering case for his role in aiding the movement of illicit funds and obstructing justice. Wang…
Crypto is here to stay—and you can take that to the bank. Citibank, perhaps. On Monday morning, CNBC reported that Citi is looking to launch crypto custody services next year. Biswarup…
Banks with strong profit and dividend records are top buy picks, analysts recommend The latest flare-up in Sino-American trade tensions is reason for investors to shift allocation towards…
It is great that Singapore is “finally” doing something about its equity markets, said Ken Peng, head of Asia investment strategy at Citi Wealth. “There’s no reason why Hong Kong should…
He will step into the new role on Oct 6, and is the first Singaporean to hold the post in 50 years Citi has appointed Lee Lung-Nien as Singapore country officer and banking head – the most…
In a white paper released this week, Citi projected that in five years, the world will see US$2 trillion in digital assets held or traded in a single day. The figure, which excludes…
The move highlights a growing trend among big banks to partner with specialist asset managers Citigroup said on Thursday (Sep 4) it will transfer about US$80 billion in client…
Citi has named Kaustubh Kulkarni as its new co-head of investment banking for Japan, Asia North and Australia and Asia South. Kulkarni will join Citi in December and will be based in…
Kaustubh Kulkarni is making the move after spending nearly three decades at JPMorgan Citi has named Kaustubh Kulkarni as its new co-head of investment banking for Japan, Asia North and…
Citigroup launched a premium credit card designed to rival ones offered by JPMorgan Chase and American Express, the latest entrant in the increasingly crowded market for cards offering…
Citigroup’s private bank is planning a hiring drive for the Middle East region as part of the Wall Street giant’s global expansion of its services to the ultra-wealthy. James Holder, who…
The Indonesian rupiah’s recent gains are set to pause in the coming month before advancing to levels last seen in December, according to the currency’s top forecaster. Emerging-market…
Citigroup’s move echoes steps by other investment banks to dissuade analysts from leaving after short stints Citigroup is asking its new class of investment-banking analysts to…
Citigroup plans to raise its investment banking headcount in Japan by 10 to 15 per cent over the next year and make new hires in Australia, as part of its strategy to bolster growth in the…
Nine financial institutions (FIs) in Singapore have been penalised a total of S$27.5 million for anti-money laundering related breaches, said the Monetary Authority of Singapore (MAS). The…
Nine financial institutions (FIs) in Singapore have been penalised a total of S$27.5 million for anti-money laundering (AML) related breaches, said the Monetary Authority of Singapore…
