BankingFeaturedCiti takes the lead as major banks downsize workforce to streamline costsIFM CorrespondentApril 19, 2024April 18, 2024 by IFM CorrespondentApril 19, 2024April 18, 2024 Citi has recently announced that it will cut 7,000 jobs, as part of their plan to reduce staffing by 20,000 over the next two years... Read more
BankingFeaturedCiti to seek a banking licence to boost its business in Saudi ArabiaIFM CorrespondentOctober 28, 2021 by IFM CorrespondentOctober 28, 2021 Citi wants to expand into trade finance and treasury solutions... Read more
FeaturedIslamic FinanceOil behemoth Aramco begins Islamic bond saleWebAdminJune 8, 2021 by WebAdminJune 8, 2021 The sukuk sale, which began on June 7th, is expected to conclude on June 17th... Read more
Business LeadersFeaturedCitigroup Saudi Arabia appoints new chief executive officerWebAdminMay 19, 2021 by WebAdminMay 19, 2021 In his new role, Wasim will be responsible for the company’s regulated business in Saudi Arabia and overall delivery of the clients... Read more
BankingFeaturedCiti’s new five-year strategy to finance climate solutionsInternational Finance Business DeskAugust 13, 2020 by International Finance Business DeskAugust 13, 2020 The 2025 Sustainable Progress Strategy also comprises a $250 billion Environmental Finance Goal... Read more
BankingFeaturedCitibank appoints new Southeast Asia chairmanPritam BordoloiJuly 24, 2020 by Pritam BordoloiJuly 24, 2020 Citi Malaysia chief executive officer Lee Lung Nien will take over the role of chairman... Read more
FeaturedFintechSingaporean fintech Spark secures $10.5 mn funding from Citi, HSBCPritam BordoloiMay 15, 2020 by Pritam BordoloiMay 15, 2020 Spark’s will use the funds to further develop its in-house technology... Read more
BankingFeaturedCiti Singapore adjusts pay for women to bridge gender gapInternational FinanceJanuary 17, 2020March 18, 2020 by International FinanceJanuary 17, 2020March 18, 2020 The bank’s global pay equity review found that women staff did not receive equal compensation for the same task performed... Read more
In the NewsCiti, Goldman Sachs, HSBC and Samba likely to be part of Aramco IPOInternational Finance DeskSeptember 9, 2019December 12, 2019 by International Finance DeskSeptember 9, 2019December 12, 2019 JP Morgan might win the lead advisory role for Aramco’s IPO transaction... Read more
BankingTrump trade war: Citi increases hiring in Southeast AsiaInternational Finance DeskJuly 17, 2019December 16, 2019 by International Finance DeskJuly 17, 2019December 16, 2019 The bank has hired across banking, capital markets and advisory teams in the past year... Read more