Citi

 Citi appoints Serene Gay as head of credit cards and personal loans for global consumer banking in Singapore - THE EDGE SINGAPORE

New appointments

Citi appoints Serene Gay as head of credit cards and personal loans for global consumer banking in Singapore

In her new role, Gay will oversee credit cards and unsecured lending covering Citi-branded and co-branded cards for consumers.

Broker's Calls

There are more opportunities to profit from global markets now: Citi

Diversified asset allocation from dividends and certain fixed income substitutes can help investors capitalise on low rates.

Disruption and Digitalisation

APAC companies shifting to subscription-based business models: Citi study

SINGAPORE (Oct 8): Companies in Asia Pacific are increasingly moving towards a recurring fee model where customers pay for a subscription to access products and services rather than a one-time purchase, according to a study commissioned by Citi bank.

Investing ideas

Lady Luck smiles on Genting Singapore in 2Q but will it be enough to turn the tables?

SINGAPORE (Aug 6): Genting Singapore (GENS) did not disappoint consensus estimates in the 2Q19 ended June. But it remains to be seen how the integrated resort and casino operator will deal with a challenging mass market business, which saw a considerable

Global Economy

Asia ex-Japan may see a less bountiful 2018 after record year of bond transactions: Debtwire

SINGAPORE (Jan 11): The Asian USD high-yield (HY) bond primary market in 4Q17 was boosted by the resurgence of offshore-issuance approvals from Chinese regulators and a continued appetite for new paper.

Fintech

MAS-led consortium develops 3 software prototypes for inter-bank payments using blockchain

SINGAPORE (Oct 5): A consortium led by the Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) announced Thursday that it has successfully developed software prototypes of three different models for decentralised interban

Citi investment theme for 2017

The future of energy prices is in renewable sources

SINGAPORE (Jan 20): Energy consumption from coal, gas, nuclear and renewable sources in Europe declined 9% over the period from 2010 to 2014. In the same period, electricity demand bucked historic trends and fell 5%.

Opt for cyclical yield in a Trump reality

SINGAPORE (Nov 21): Following Donald Trump’s election victory, Citi Research believed the result was part of the “Vox Populi” theme, which showed that people were restless and were “lashing out at the status quo”. This in part explained the Trum
JP Morgan

Citi and JPMorgan top list of globally systemic banks

LONDON (Nov 22): Citi has joined JPMorgan at the top of global regulators' list of systemically important banks, replacing HSBC and meaning the US bank will have to hold extra capital from 2019 to help preserve financial stability.

Funds

Developed markets receiving bulk of fund inflows last week: Citi

SINGAPORE (Nov 21): In the week before, US$18.1 billion ($25.8 billion) in capital flowed out from bonds. At the same time equity funds recorded an inflow of US$27.5 billion, according to estimates by Citi Research.
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