National Australia Bank
NAB buys Citi’s Australian consumer business for $882m
NAB buys Citi’s Australian consumer business for $882m
Citi Australia’s senior management and about 800 employees are expected to join NAB.
Weekly Global News Wrap: Bank of England scraps pandemic curbs on dividends; JPMorgan posts jump in Q2 earnings
And four global banks to launch a pilot platform on voluntary carbon credits.
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1. Payment failures cost Singapore merchants $12b annually 2. Singapore's big 3 banks pivot to wealth as margins shrink 3. Citi targets APAC insurance investments with new senior hires 4. OCBC and Australian High Commission sign 5-year pact to boost SEA–Australia trade 5. Banks and insurers must chase AI value creation, not cost savingsResource Center
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Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance