Citibank Singapore to double AUM by 2025 in big wealth push
Its new wealth hub at 268 Orchard is the world's largest for the group
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CITIBANK Singapore aims to step up the pace of growth of its wealth business here, with ambitions to double its assets under management (AUM) and to triple the number of clients by 2025, said a top executive.
The opening of its wealth hub at 268 Orchard on Monday - Citi's largest in the world - is the bank's first "externally visible step" to reach that goal, Gonzalo Luchetti, head of consumer banking for Asia Pacific and Europe, Middle East and Africa, at Citi told The Business Times.
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