Citibank

Singaporeans love their banks but remains wary of other asset managers, finds survey
SINGAPORE (Sept 20): While a majority of Singaporeans view the city state’s financial services sector as more trustworthy than a decade ago, many are cautious towards less familiar sub-industries and new & emerging digital financial services companies. This is according to the inaugural 2018 Financial Services Reputation Index, launched today by MHP Communications and ORC International, ...
OCBC ranks No. 1 for retail banking customer satisfaction in Singapore
SINGAPORE (July 10): Oversea-Chinese Banking Corporation (OCBC) has topped the rankings for overall customer satisfaction with retail banking, particularly in account activities and fees, according to the inaugural JD Power Singapore Retail Banking Satisfaction released today.   JD Power is a portfolio company of the XIO Group, an alternative investments and private equity firm ...
Citigroup expands Asia digital in bid to reach affluent clients
(June 8): Citigroup Inc. is expanding its digital-banking channels in Asia as the bank seeks to boost its base of affluent customers in the region by at least 10% this year. The New York-based firm is accelerating the deployment of technologies that allow customers to get advice from wealth managers and make transactions through its Internet and mobile platforms, according to Gonzalo ...
Two other ex-BSI employees slapped with seven charges each
SINGAPORE (Oct 10): Two other former BSI bankers were charged in court on Monday for their alleged role in shifting money in and out of accounts belonging to Low Taek Jho, widely acknowledged as a key figure in the on-going 1MDB probe. Yak Yew Chee, the 57-year-old former managing director with BSI, and Yvonne Seah Yew Foong, 45, a former director in the bank, both face four charges of failure ...
M1 threatened most by 4th mobile entrant; Singtel remains safest bet
SINGAPORE (Sept 5): Analysts from Maybank Kim Eng and Citi Research agree that the risk of a new market telco entrant has significantly spiked – although in Nomura’s view, it is still too early to take a specific stance on the spectrum’s results. Citi has raised its probability of a new entrant from 25% to 85% and expects a fourth player would be able to take 7.5% of the sector’s ...