Citigroup Inc

No changes in local Citibank business operations for now

All branches, ATMs, call centres and offices will continue to operate as they do today by HARIZAH KAMEL / pic…

2 years ago

No word of retrenchment from Citibank

The decision to exit retail banking in Malaysia is not expected to have any major impact on the country’s banking…

2 years ago

Citi to exit retail banking in 13 markets across Asia, Europe

by BLOOMBERG / pic by TMR FILE  CITIGROUP INC. plans to exit retail banking in 13 markets across Asia and the…

2 years ago

Citi’s new CEO must fix old problems fast

Years of deficiencies in Citigroup’s risk oversight and governance have attracted the attention of regulators By ELISA MARTINUZZI / Pic…

2 years ago

Changes in GLCs show no sign of abating

by S BIRRUNTHA / graphic by MZUKRI CHANGES at board level continue at government-linked companies (GLCs) and agencies with several…

2 years ago

US fines Citibank for poor risk management practices

NEW YORK • US authorities fined Citigroup Inc US$400 million (RM1.6 billion) over deficiencies in risk management practices and required…

2 years ago

Three banking risks in the time of Covid-19

by ANDY MUKHERJEE/ pic by BLOOMBERG WHEN bankers fret about contagion, it’s usually the financial kind. DBS Group Holdings Ltd…

3 years ago

Hong Kong property stocks battered by protests look cheap

By BLOOMBERG HONG KONG • Months of protests and a struggling local economy have hammered Hong Kong’s property stocks. Analysts…

3 years ago

DBS says Singapore may allow virtual banks after Hong Kong

The real challenge is if the regulators create an unlevel playing field, according to the largest lender in Singapore By…

4 years ago

China’s steel machine revs up to record to feed infrastructure

By BLOOMBERG SHANGHAI • China’s steel industry notched another production record in the first quarter (1Q), spurred by consumption in…

4 years ago

Morgan Stanley suffers 4Q bond-trading slump

By BLOOMBERG NEW YORK • Morgan Stanley’s fixed-income traders succumbed to the same downturn that afflicted the rest of Wall…

4 years ago

Citi says trading environment improved from 2018’s rough end

NEW YORK • Citigroup Inc offered some hope that the worst is over for its bond-trading business after the toughest…

4 years ago

Samsung bears win after stock swings on ‘shock’ profit miss

By BLOOMBERG SEOUL • Samsung Electronics Co Ltd ended the day weaker, giving into bears worried about the outlook for…

4 years ago