The Business Times
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Citi

Wealth

The ‘mass affluent’ are losing their allure for wealth managers navigating AI

Citi's Mridula Iyer (left) and Kanika Thakur say firms are thinking about diversifying supply chains, building inventory buffers and optimising working capital.
Companies & Markets

Citi sees Asian clients seeking more trade finance, risk support amid Middle East war

Citi plans to hire about 100 private bankers globally, alongside roughly 400 other specialists.
Banking & Finance

Citi to boost Asia wealth business with ‘significant’ hires, global head says

The regional ramp-up aligns with a global push to grow prime brokerage balances to more than US$700 billion by 2028, a leap from US$450 billion in 2025.
Banking & Finance

Citigroup to boost Asia prime brokerage staff by 10% this year

Since CEO Jane Fraser took over in March 2021, Citi's shares have risen more than 80 per cent.
Banking & Finance

Citigroup bets on CEO Fraser’s overhaul to aim for 11% to 13% profitability

For Japan’s bankers, who often get paid less than in other financial hubs, the tight labour market could bring welcome changes.
Banking & Finance

Citigroup’s Japan banking head seeks expansion despite talent crunch

Citigroup aims to improve coordination between local and international teams to win cross-border M&A and sponsor work.
Banking & Finance

Citi to boost Japan, China investment banking teams, plans senior sector-focused hires

Tengah Garden Residences, an 863-unit development by Hong Leong Holdings, GuocoLand and CSC Land Group, moved roughly 99% of its total inventory over its launch weekend.
Companies & Markets

Citi names top developer picks as mass-market property launches in Singapore see solid take-up

Prior to the conflict, the ringgit strengthened to an eight-year high of RM3.88 per US dollar.
Asean Business

Malaysia importers use ceasefire window to buy US dollars, Citi says

Citigroup says weak hiring will push the unemployment rate higher in the summer, similar to the last few years.
Banking & Finance

Citigroup pushes back Fed rate cut timeline after strong US job numbers

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