Banking in Brief
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Our archives on Citigroup
Are bank branches still relevant in the mobile and digital world today?
Date: Apr 18, 2013Proceedings report from The Asian Banker’s "Excellence in Retail Financial Services Conference 2013” on banks’ latest channels and technologies to acquire, retain and maximise revenue from customers in retail banking.
Author: Baron Laudermilk
Categories: Channels, Innovation, Internet Banking, Mobile Banking, Retail Banking, Technology & Operations
Keywords: Antonio Yobie Benjamin, Citigroup, South Korea, Online Banking
Is Asia ready to participate in P2P lending and payments?
Date: Nov 08, 2012Although P2P transactions are gaining traction in the UK and US, Asian P2P businesses are still in a nascent stage.
Author: Durva Lakhlani
Categories: Innovation, Payments, Retail Banking, Technology & Operations
Keywords: P2P Lending, Lending Club, Zopa, Prosper, Funding Circle, Paypal, Visa, SEC, Peer to Peer Finance Association, P2P Payments, JPMorgan, Wells Fargo, BofA, clearXchange, Popmoney, Citigroup
Top level shakedown at Citigroup leaves air of uncertainty
Date: Oct 17, 2012Famously known as the $1 CEO, Vikram Pandit has left Citigroup with immediate effect, along with president and COO John Havens. Will more follow?
Author: Timothy Shim
Categories: Capital & Strategic Issues, Leadership, Risk and Regulation, Saudi Arabia
Keywords: Vikram Pandit, Citigroup, Michael Corbat, Smith Barney, Sheila Bair, John Havens, Brian Leach
US’ biggest banks unlikely to be dismantled despite calls for reform
Date: Aug 01, 2012Sandy Weill does an about-turn and joins advocates favouring the splitting-up of US’ largest banks in calling for far deeper changes among major banks to ensure past mistakes are not repeated.
Author: Magessan Raj
Categories: Regulation, Risk and Regulation
Keywords: Sandy Weill, Citigroup, JPMorgan, Jamie Dimon, Bank of America, Glass-Steagal Act, Federal Deposit Insurance Corporation, Thomas Hoenig, American Bankers Association, Frank Keating, US Treasury, Tim Geithner, Dodd-Frank Act
Growing trade volume between emerging markets reveals new opportunities for banks
Date: Oct 19, 2011Emerging economies are gradually becoming key drivers of global trade, while developments in the global banking sector will reflect the same dynamics in trade internationalisation.
Author: Wong Wei Han
Categories: Asia Pacific, Emerging Markets, Hong Kong, India, South Korea, Transaction Banking
Keywords: HSBC, Citigroup, GDP, US-EU Trade Corridor, Latin America
Downgrade of three major U.S. banks bodes ill for chances of help in stormy waters
Date: Sep 26, 2011Moody’s announced rating downgrades for Bank of America, Citigroup and Wells Fargo may lower possibility of government bail-outs for major financial institutions amid changing regulatory landscape
Author: Wong Wei Han
Categories: Credit Risk, Industry Outlook, Risk and Regulation
Keywords: Moody's, BAML, Citigroup, Wells Fargo, Downgrade
RBI to set rules for foreign bank entry into India
Date: Jan 26, 2011The Indian central bank’s new subsidiary model means foreign banks may soon be able to reach the promise of doubling their market share.
Author: Arush Chopra
Categories: India, Regulation
Keywords: Foreign Bank Entry, RBI, Standard Chartered, Citigroup
Biggest M&A deals of 2007
Date: Jun 23, 2008Asian Banker Research charts the region's 50 biggest M&A deals of 2007 - breakdown of bank M&A activities by deal value and volume, banking sector M&A deal value by country.
Categories: Industry Outlook, Investor Audit, Mergers and Acquisitions
Keywords: Mitsubishi UFJ, Citigroup, Japanese Consumer Credit, Cross Border Deals