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Citigroup Wants To Exit 13 Retail Banking Markets, Including Malaysia

Vietnam
The group instead wants to focus their consumer banking business on four wealth centres which are – Singapore, Hong Kong, the United Arab Emirates and London.
Meanwhile, NST quoted Citi Malaysia’s Chief Executive Officer Usman Ahmed who said that they have been in Malaysia for over 60 years and the global announcement does not in any way dilute its long term commitment to Malaysia or the Asia Pacific region.
The bank will still have multiple businesses across corporate and investment banking, markets (including equity brokerage) and treasury and trade solutions.
It’s reported by The Edge that they have around 10 branches in Malaysia and a workforce of over 5,000 employees in the country. ....

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Citi to exit retail banking in 13 markets across Europe and Asia — including Malaysia

Citi to exit retail banking in 13 markets across Europe and Asia — including Malaysia
theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.

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Citi hires Goldman's chief diversity officer | One America News Network

Citi hires Goldman’s chief diversity officer
FILE PHOTO: The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren
March 26, 2021
By Elizabeth Dilts Marshall
NEW YORK (Reuters) – Citi Group said on Friday that it hired Erika Irish Brown from rival Goldman Sachs Group Inc to lead its global diversity strategy, according to an announcement on the bank’s website.
Brown joins Citi as its chief diversity, equity and inclusion officer from Goldman Sachs, where she had led that bank’s diversity and inclusion efforts since mid-2018. Brown previously worked at Bloomberg in the same role. ....

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