Tag: citi

A weekend transaction between Singapore and New York was executed using tokenised deposits via the Swift digital ledger.

The $250m commitment will help support Asian SMEs on cross-border trade and digitalisation.

Amid strong demand, the two Hong Kong-listed Chinese firms have announced zero-coupon convertible bond issues totalling around $1.3bn, as capital-intensive tech businesses seek funding while limiting immediate interest costs.

The Hong Kong-based banker was most recently the bank's head of technology and communications corporate banking for Japan, Asia North and Australia, and Asia South.

The former HSBC banker has most recently led Citi Thailand’s commercial subsidiaries group.

Anita Li will join the US bank from Standard Chartered in July.

After two promotions at the bank, Rizvi is moving from head of JANA corporate banking to global co-head corporate banking alongside Marcelo Marangon.

Minh Ngo is the first Vietnamese national to take on the role; the US bank has been in the country for over three decades.

Speaking at the recent APEC conference in South Korea, Citi’s global chief executive officer Jane Fraser, is bullish on further trade ties between the US and Asia, despite tariff uncertainty.

Chu has returned to the US bank after working at ANZ, also in Taiwan.

The Singaporean Citi veteran has over three decades of experience at the US bank and replaces Tibor Pandi.

Shanghai-based Lenny Chu started the role on August 11.