Citigroup
Top Citigroup Asia banker Jan Metzger leaves for role at StanChart
He is stepping into a bank with an underwhelming investment banking franchise
Talent fight intensifies in Hong Kong’s US$1 trillion wealth hub
The city is re-emerging as a primary destination for shifting capital, amid geopolitical volatility in the Middle East and regulatory tightening in Singapore
Citi to keep most UAE branches closed indefinitely due to Iran war
It is the latest sign of the impact of the conflict on the industry
Citi, StanChart evacuate Dubai offices, HSBC closes Qatar branches as fears grow
The moves come after Iran threatened to target US and Israeli banks in the Gulf region
Citi braces for busy spell for financial sponsors deals in Asia
The bank leads on the STT GDC deal for KKR and Singtel, providing key acquisition financing
Wall Street banks offer UAE staff option to relocate temporarily
Foreigners account for about 90% of the country’s population
World’s top money managers favour emerging markets, Citi says
The shift is a consequence of policy uncertainty and blowout fiscal deficit in the US
Citigroup to lay off more employees in March
The layoffs are expected after bonuses are paid in March
Bank of America, Citigroup weigh new cards with 10% rate
Some bank executives have publicly said that they agree with Trump’s focus on affordability
Citigroup profit hit by Russia charge as dealmaking and services shine
The sale of AO Citibank has resulted in a pre-tax loss of about US$1.2 billion, largely related to currency translation