Banking FeaturedCiti 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
Featured Islamic 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 Leaders FeaturedCitigroup 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
Banking FeaturedCiti’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
Banking FeaturedCitibank 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
Featured FintechSingaporean 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
Banking FeaturedCiti 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
BankingCitigroup, Grab launch co-branded credit cards to boost customer baseInternational Finance DeskJune 11, 2019 by International Finance DeskJune 11, 2019 The decision comes as part of the bank’s plan to increase its Asian customer base by approximately 13 percent... Read more