Citibank
Citibank is the consumer division of financial services multinational company Citigroup. It was founded in 1812 as the City Bank of New York, and later became First National City Bank of New York. The bank has 2,649 branches across 19 countries.
See below for the Latest Citibank News, Analysis, Profit Results, Share Price Information, and Commentary.
Citi names BofA veteran Sophia Wang as head of China FI sales & SRM
Citi names BofA veteran Sophia Wang as head of China FI sales & SRM
Wang is tasked with leading Citi’s institutional sales coverage in the region.
Citi to launch Hong Kong's first virtual card with dynamic CVC
It generates a one-time-use verification code for each transaction.
Citi processes live Swift blockchain transactions with OCBC and FAB
Citi expects to conduct similar transactions with DBS and UOB later in September.
Citi boosts North Asia & Japan corporate desk headcount by 25%
It is also expanding its dedicated China desk network to Brazil and Europe.
Citi eyes record Korean capital issuance year
The bank has raised $60b for Korean clients globally year to date.
Citibank Korea hits record Q2 profit of $133m on trading surge
Net income rose 86% on growth in non-interest revenue from core businesses.
Citi names Goldman's Mascanzoni as ANZ technology capital markets lead
Cristina Mascanzoni previously worked on a Zip equity raising and a cross-border sale.
Citi hires three FX Options traders in Singapore
Eric Poon has been named director of the FX EM Options Asia trading team.
Citi to bank foreign firms investing in Thailand
Citi said it will facilitate cross-border transactions through trade finance, FX, and treasury.
SCB rolls out 24/7 USD clearing in Thailand with Citi Token Services
Settlement is near instant, according to SCB.
APAC investment banking fees dip 3% in H1 on lower M&A and DCM fees
Only ECM underwriting fees bucked the trend during the period.
Citi bolsters APAC DCM franchise with hires from HSBC and UBS
Anthony Yap joins Citi in Sydney whilst Maria Chua joins the bank in Hong Kong.
IPOs spur Hong Kong bank hiring rebound
Workforce across 15 lenders fell 0.73% to 74,376 in 2025.
Do banks choose tokenised deposits over stablecoins to guard their balance sheets?
Banks are ramping up tokenised deposit infrastructure use whilst tokenised central bank money remains in the experimental phase.
Stablecoin circulation lags at $300b as banks focus on tokenised deposits
Banks are instead building tokenised deposit infrastructures, whose flows have reached over $4t annually.
Citi streamlines ETF orders for APAC clients as regional assets hit $1.81t
Direct integration heightens efficiency as clients no longer need to reconcile on multiple and separate platforms.
Citi Korea posts strongest Q1 since 2018 as net income surges 61%
Total revenues and net income rose by 23% and 61%, respectively.
Commentary
Singapore's next payments opportunity
DIFC's reforms open new doors for Asian businesses: Is yours ready?
Why Asia’s private wealth industry requires a new era of governance
APAC has mastered domestic payments. The next challenge is connecting them.
Why fragmented communications are becoming a hidden governance risk for Asia Pacific banks
From automation to agency: Asia’s wealth leaders can reinvent, not just streamline
Singapore aced its FATF evaluation — now comes the hard part