Citi

Wealth & Investing

Mutual fund ownership among Singapore’s wealthy nearly trebles since 2022: Citi report

Singapore has the highest mutual fund ownership rate in Asia, even as a large share of assets remains in deposits

2026-10-22T09:45:56.000Z

Citi’s 40% rise in Q3 profit was powered by higher investment banking revenue, transactions with MNCs and higher wealth management earnings.

Companies & Markets

Citi Asean investment banking revenue up 35% as regional dealmaking picks up

The bank expects a record year for client activity in its investment banking business in South-east Asia

2026-10-19T02:00:00.000Z

Citi is nearing the end of a multi-year restructuring.

Banking & Finance

Citi profit jumps 40% with higher investment banking, services and wealth revenue

Profit increased to US$5.25 billion, or US$2.85 per share, in the three months ended Sep 30

2026-10-13T12:43:16.000Z

Tasnim Ghiawadwala, global commercial bank head at Citi, says: “Our clients are realising that (they) can’t put all (their) eggs in one basket.”

Companies & Markets

Citi targets globally ambitious firms as geopolitical de-risking drives Singapore flows

Its commercial bank revenue in Singapore is up 21% in the first seven months against a year ago

2026-10-05T23:00:00.000Z

Meanwhile, CGS International reiterates its “add” call and US$5.50 target price.

Companies & Markets

BROKERS’ TAKE

DFI Retail’s Starbucks deal offers ‘earnings stability’ despite near-term hit: analysts

DBS lowers its target price for the retailer to S$4.50

2026-10-02T04:26:13.000Z

Citi is focused on organic growth, Citigroup chief financial officer Gonzalo Luchetti said.

Banking & Finance

Citigroup CFO Luchetti expects equity return above 11% this year

The group could still buy small companies with services that would be “add-ons” to current businesses, he said

2026-09-14T23:16:30.000Z

Citi expects room for further pipeline growth and forecasts a two-year revenue and earnings per share compound annual growth rate of 15% and 22%, respectively.

Telcos, Media & Tech

BROKERS’ TAKE

Citi initiates coverage on CSE Global with ‘buy’, S$1.70 target price

Company’s margins are expected to improve to about 10.5% by 2028

2026-09-10T00:25:07.000Z

DBS launched its blockchain-powered banking suite, including treasury tokens, in 2024 to support instantaneous value transfers.

Banking & Finance

DBS, Citi bypass traditional banking hours in cross-border tokenised deposit trial

Standard cross-border settlement can take up to 2 business days due to time zones, weekend closures

2026-09-08T03:18:33.000Z

Lee is no stranger to sports governance, having held various roles locally and internationally.

Lifestyle

Citi’s Singapore country officer Lee Lung-Nien elected Singapore Golf Association president

[SINGAPORE] Lee Lung-Nien was elected as the new Singapore Golf Association (SGA) president at its annual general meeting (AGM), which took place at the Singapore Island Country Club on Friday (Aug 14...

2026-08-15T04:36:24.000Z

Citi expects to incur more severance expenses in the second half and accelerate investments it set out at its May investor day.

Banking & Finance

Citi shares drop as CEO Fraser plans deeper job cuts this year

The bank’s headcount fell by 5,000 in the past three months to 219,000

2026-07-15T03:43:30.000Z

Latest T-bills Treasury Bills Results & Interest News Latest SSB Singapore Savings Bonds News Latest COE Certificate of Entitlement News

Latest Johor-Singapore SEZ News Latest BTO Build To Order & Sales of Balance News Latest STI Straits Times Index News Latest SGX Dividends, Share Price News Latest Bonds Market News Latest Singapore Stocks To Buy News Latest Singapore Economy News