Citigroup
Citigroup, or Citi, is an American multinational investment bank and financial services company. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998. It owns Citicorp, the holding company for Citibank.
In 2018, policy research and development entity Financial Stability Board named Citigroup amongst the list of 29 banks worldwide that they considered "systemically important financial institutions", that is, financial organisations whose size and role meant that any failure could cause serious systemic problems.
Citi and DEG provides $76m loan to Shriram Finance for underserved lending
Citi and DEG provides $76m loan to Shriram Finance for underserved lending
It will be used for MSMEs, EVs, food security, and women lending.
4 days ago
Citi invests in Japan’s Sakana AI
Citi says the investment will help Sakana AI in its international expansion.
Citi forms AI Infrastructure Banking team to tap $3t financing opportunity
The team aims to provide debt financing to fund data centres and other infra capacity.
Citi names Thai Nguyet Minh as markets head and country treasury for Vietnam
She joins from Maybank, where she was the Vietnam head of global markets.
Citi launches Korea desk in Chicago to back Korean firms’ US expansion
Citi Korea opened its first Korea desk in New York in 1993.
Citi hires Kriss Pachauri to lead ANZ global asset manager coverage
Citi says it has a “strong pipeline” in the financial sponsors segment.
Citi rolls out evergreen private market funds for HNW clients
It has partnered with Blackstone, Blue Owl, and KKR to launch the funds.
Citi foresees more Asia M&A deals on healthcare and multinational moves
In 2026, Citi already led two M&A biopharma deals in China.
Weekly Global News Wrap: Trump floats 10% card rate cap; Citi to cut 1,000 jobs
And Credit Agricole wins ECB approval to lift Banco BPM stake above 20%.
Citi names four new managing directors across Asia Pacific
Investment banking revenue in Japan more than doubled, it said.
Citi names Ryan Ellis as head of markets sales for ANZ
Ellis will continue to be responsible for the ANZ rates sales franchise.
Citi names Soonwok Kwon as head of market sales for South Korea
Kwon used to work at UBS AG and Credit Suisse AG in Seoul.
Citi names Minh Ngo as Citi Country Officer & Banking Head in Vietnam
She is the first Vietnamese national to assume the CCO role in 32 years.
Citi names Yuko Nakayama as head of ECM for Japan investment banking
The ECM team in Japan will report to Nakayama.
Citi boost FX team in Japan, JANA, and Asia South with new hires
New hires include a head of corporate FX sales in India and three director-level hires.
Citi’s India IPO pipeline ‘largest on record’
India’s overall IPOs are expected to hit between US$15b to US$20b through Q3 2026.
Citi poaches BofA banker for vice chair of tech investment banking
Ric Spencer was global co-head of technology investment banking in BofA.
Commentary
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