Citibank Singapore to launch new wealth centre with big targets
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
