Citigroup
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
Citi to cut about 1,000 jobs this week
The company also plans to report full-year results on Wednesday
Six banks seen reaping US$157 billion on Trump’s return
Some banks have already telegraphed the boost from deal flow
Citigroup predicts strong deal activity in 2026 in Asia Pacific
Key themes include greater M&A from the Middle East into China and elsewhere
Citigroup to take US$1.1 billion loss on Russian business unit sale
Other lenders have also scaled back, with Goldman Sachs gaining approval earlier this year to sell its business in Russia
