Citibank Singapore

Banking & finance

Singapore says 2.5 mil transactions failed in DBS, Citi outage

Up to 810,000 attempts to access both digital banking platforms were estimated to have failed during the Oct 14 disruption
MAS penalises Citibank, DBS and OCBC for breaches of anti-money laundering requirements - THE EDGE SINGAPORE

Anti-money laundering

MAS penalises Citibank, DBS and OCBC for breaches of anti-money laundering requirements

Breaches were identified during MAS’ investigation of the alleged involvement of Singapore-based entities in the Wirecard scandal.
MAS details information-sharing platform among banks to combat financial crime - THE EDGE SINGAPORE

Banking & finance

MAS details information-sharing platform among banks to combat financial crime

A bill proposing amendments to the Financial Services and Markets Act was read for a second time in Parliament on May 9.

New appointments

Citibank Singapore appoints Matt Read as retail banking head

In the new role, Read will lead the Singapore retail banking franchise, one of the global bank’s largest business.
Citi to open largest wealth advisory hub in Singapore in December - THE EDGE SINGAPORE

Company in the news

Citi to open largest wealth advisory hub in Singapore in December

The bank says the new hub is a key part of its multi-year growth plan and evolving retail strategy.

Banking & finance

Changing needs and Covid-19 driving banks to raise their game

It has been more than 20 years since Singapore liberalised its financial sector. In the past five years, the focus has been on financial services going digital as part of a Smart Nation initiative. Last year, the Monetary Authority of
Singapore's GDP estimated to shrink 8.5% after circuit breaker extended: Citi

Singapore economy

Singapore's GDP estimated to shrink 8.5% after circuit breaker extended: Citi

Singapore will witness a deeper recession this year after the nation extended and tightened its partial lockdown, Citigroup Inc. warned, widening its forecast for an economic contraction.

Investing 101

Meet the best bank savings accounts in Singapore

Say goodbye to savings accounts that barely give you adequate returns on your money, and hello to the ones with the highest interest rates.

Deals, joint ventures & alliances

Citi, Lazada launch co-branded credit card targeted at millennial consumers

SINGAPORE (Dec 9): Amid the growing purchasing power of millennial consumers in Singapore and the rising number of online shoppers, Citi and Lazada Group have jointly launched the Citi Lazada credit card. 

Fintech

Citi launches Facebook Messenger chatbot in Singapore market

SINGAPORE (Sept 7): Citibank Singapore has launched the initial phase of its new natural-language chatbot, Citi Bot, on Facebook’s social media messaging platform, Messenger.
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