Citibank Singapore to launch new wealth centre with big targets
Singapore
CITIBANK Singapore plans to double its wealth management business in terms of number of customers and market share from its current 5 per cent by 2025, said its top executive.
Riding in part on this is the US bank's move to pump investments in "double-digit millions" to open its 30,000-square-foot new flagship wealth management centre at 268 Orchard Road in the fourth quarter of this year, Citibank Singapore chief executive Brendan Carney told The Business Times.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
OCBC consumer banking chief Sunny Quek aims to double wealth business by 2029
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Hengli’s ex-Singapore unit dismisses staff after US sanctions, at risk of being wound down: sources