Citigroup Inc

Citi completes sales of Malaysia, Thailand consumer banking to UOB

CITIGROUP Inc has completed the sales of its Malaysia and Thailand retail banking and consumer credit card businesses to United Overseas…

4 weeks ago

World’s 2nd-biggest fortune fails to halt rout in Adani bonds

SURGING share prices of Gautam Adani’s (picture) companies have helped make him the world’s second-richest person. The bond market isn’t quite as…

2 months ago

HSBC, Citigroup and the end of global banking

by MARC RUBINSTEIN (Bloomberg Opinion)  TWENTY years ago, as they returned from summer vacations, staff at HSBC Holdings plc began…

3 months ago

DBS can challenge HSBC in Asia — with the Fed’s help

THE battle for Asia’s preeminent financial institution will be fought with the US Federal Reserve (Fed) providing ammunition — to…

4 months ago

UOB profit rises with lender optimistic on South-East Asia growth

UNITED Overseas Bank Ltd. reported a rise in its second-quarter profit, with the lender optimistic that Southeast Asia’s prospects can…

4 months ago

Saudi Arabia Raises Asia Oil Prices as Demand Stays Robust

SAUDI ARABIA increased next month’s oil prices for its biggest market of Asia amid signs that underlying demand remains robust…

5 months ago

Citi to Hire 3,000 Staff for Institutional Business in Asia

Citigroup Inc. plans to recruit around 3,000 new staff for its institutional business in Asia as it steps up its…

6 months ago

Singapore Workers Who Refuse Vaccination Risk Losing Their Jobs

by BLOOMBERG WORKERS in Singapore who are not inoculated against Covid-19 may risk losing their jobs as new restrictions on…

11 months ago

Goldman Sachs Loses Top Southeast Asia Banker to Citi

By BLOOMBERG Goldman Sachs Group Inc.’s head of investment banking in Southeast Asia moved to Citigroup Inc., the second executive…

1 year ago

Citi Sued for Profiting From Fund’s Demise as Covid Struck

By BLOOMBERG Citigroup Inc. is facing a lawsuit for pulling support from a European credit fund as the Covid-19 pandemic…

1 year ago

DBS can fund RM8.3b bid for Citi India unit

by BLOOMBERG SINGAPORE • DBS Group Holdings Ltd has sufficient capital to bid for Citigroup Inc’s consumer assets in India…

2 years ago

Singapore’s stellar stock run stalls

by BLOOMBERG TAIPEI • A rally in one of Asia’s best-performing stock markets is stalling amid rising virus cases at…

2 years ago

Foreign banks unlikely triggered by Citi’s revamp

The market landscape and banking structure suggest the impact on Malaysia from the exit is manageable, says expert by ASILA…

2 years ago