Tag: Citi
BondbloX wants you to trade bonds just like stocks
It’s been a seven-year build but finally Singapore-based fintech BondEvalue has brought together the partnerships and the capital to open its landmark electronic exchange for bonds to [more…]
810,000 Failed Logins, 2.5M Transactions Affected by DBS and Citi’s Service Disruption
by Fintech News Singapore November 6, 2023 The impact of the DBS and Citibank digital banking disruption on 14 October was wide, with up to 810,000 attempts [more…]
Citi Forecasts Major Shifts in Cross-Border Payments Landscape
Key Takeaways An anticipated surge in cross-border payments, with the value set to rise from nearly $150 trillion in 2017 to over $250 trillion by 2027, marking [more…]
Innovation in Finance: Citi Token Services Redefines Institutional Banking
Citi Treasury and Trade Solutions (TTS) has unveiled a development in the world of financial services with the launch of Citi Token Services. Leveraging cutting-edge blockchain and [more…]
Banks Embrace Tech to Navigate Economic and Cyber Challenges, ISG Highlights
In an era marked by economic disruptions and cyber threats, global banking and financial services (BFS) firms are increasingly leaning on technology. Their goal? To bolster customer [more…]
Corporates Are Spoiled for Choice When It Comes to Cash Pooling
Cash pools are arrangements mostly used by multinational groups to optimise cash and liquidity management and reduce reliance on external funding and associated funding costs. There are [more…]
Citi to Pilot Digital Platform for Commercial Banking Clients in Singapore, India, HK
Citi announced that it will pilot its new platform in the second half of 2023 across Singapore, India, Hong Kong, and the U.K. This is part of [more…]
LinkedIn Ranked DBS, StanChart, Grab as Best Workplaces to Grow a Career in Singapore
LinkedIn, a business and employment-focused social media platform, has ranked DBS Bank as the best workplace to grow a career in Singapore. The 3rd annual LinkedIn Top [more…]
Singlife Taps Citi and Blackrock to Revamp Its Investment Capabilities
Financial services company Singlife has appointed Citi and investment company BlackRock for a technology platform to transform its asset management capabilities from end-to-end. Singlife’s integration with Citi [more…]
UOB Completes Citi’s Consumer Banking Acquisition Deal in Vietnam
UOB has finalised the acquisition of Citigroup’s consumer banking business which comprises its lending portfolios, wealth management and retail deposit businesses in Vietnam. The completion of the [more…]
Citi Singapore Appoints Matt Read as Retail Banking Head to Triple AUM by 2025
Citi Singapore has announced the appointment of Matt Read as its Retail Banking Head, effective 17 April, where he will be part of the senior management group. [more…]
Alibaba becomes Top 10 Global Bank
A few years ago, I wrote about the inexorable rise of Google and Amazon in finance. The conclusion from the piece was “if you prefer fast action and [more…]
Why Finance is becoming Hyperscalable
My thesis has long been that technology would have a huge impact in finance, but that it wouldn’t be a linear process. Let’s summarise where we are [more…]
