Citi to boost wealth management business in Apac

By Pan Yue
19 Apr 2021

Citi is planning to hire around 2,300 people to support the expansion of its wealth management business in Asia Pacific, as the bank undertakes a restructuring that boosts focus on its four wealth centres.

Citi said the new hires will include 1,100 relationship managers and private bankers in Hong Kong and Singapore by 2025, according to a press release on Monday.

With these hires and investments in technology, the bank is aiming to boost its assets under management by $150bn in ...

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