Citi notches big jump in retail fund flows after shift to emerging affluent
In January alone, net new money is up 60% from a year ago, says its retail banking head in Singapore
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Singapore
CITI Singapore opened the year with a big jump in fund flows from its retail clients, following its official shift in focus to the emerging affluent segment, a top banker told The Business Times.
In January alone, the bank has grown net new money by 60 per cent from a year ago, said Charles Wong, head of retail banking in Singapore.
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