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
Add BT as a preferred source
Singapore
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.
TRENDING NOW
Singapore developer in limbo after Timor-Leste’s shock scrapping of major township project
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
US-China summit: Trump sees ‘better’ ties, Xi warns over Taiwan, as talks conclude
That ‘cheap’ Malaysia condo could cost Singapore buyers far more than they think
