Citigroup

Citigroup faces US$5 million bill to transport its lead from Singapore

Citi plans to keep about 24,000 tons in Singapore, while 88,000 tons will likely go to Taiwan or Malaysia

Citi Markets reported a 12% rise in fixed-income market during the third quarter, driven by growth in rates, currencies and spread products, among others.

Citigroup hires Nomura, Wells Fargo traders in foreign-exchange business push across Asia

[SINGAPORE] Citigroup has hired seven personnel, including former traders from Nomura International and Wells Fargo, to boost its foreign-exchange business in Asia.

One of the dominant buyers of securitised debt in India, Citi has sought to grow its book in an effort to boost liquidity and entice more investors to the market.

Citigroup India nears US$1 billion book of asset backed securities

Rising interest cycle makes existing securities less attractive

SitusAMC said it was the target of a Nov 12 cyberattack that compromised system data and may have affected information linked to clients’ customers, including JPMorgan.

JPMorgan, Citi, Morgan Stanley client data may be exposed by vendor’s hack: report

SitusAMC sys the affected data included corporate information tied to some clients’ dealings with the company

Chief executive Jane Fraser has been driving through Citigroup’s biggest restructuring in decades – including cutting 20,000 roles – in an attempt to shed its laggard reputation on Wall Street. 

Citi is growing rapidly in China on huge interest, CEO says

The lender is focused on serving Chinese companies looking to expand overseas as well as clients with cross-border need

Indonesian equities have already advanced about 18 per cent this year.

Indonesian stocks to climb 10% to record high next year, says Citigroup

The benchmark index is heading for its best annual performance in eight years

The partnership will initially focus on enabling users to deposit and withdraw traditional currencies (commonly referred to as “fiat” in crypto) through Coinbase’s services.

Citigroup to tie up with Coinbase to boost digital payments for institutional clients

Dealmaking within the digital assets industry has picked up pace this year

As part of Saudi Arabia’s efforts to attract foreign companies and capital, it has made having a local headquarters a requirement for securing government contracts.

Citigroup opens Riyadh HQ as Wall Street CEOs forge deeper Saudi ties

The bank join several other international financial giants, including Morgan Stanley and BlackRock, in securing an HQ license and moving to open shop

The longest-serving CEO among the group, Jamie Dimon, has suggested in May that he may still have years of energy left in the tank.

Six Wall Street bank chiefs hold most power since global crisis

The six bank chiefs have a collective tenure of more than half a century as CEO

 Cancelled warrants in Singapore account for nearly 70% of the total amount of lead stored in that LME location.

Citigroup plans to pull lead from LME Singapore warehouses

Companies that deliver metal for rent deals do not have to retain ownership of the metal