Billionaire Wee Cho Yaw’s UOB Profit Jumps As Bank Poised To Takeover Citibank Franchise In Southeast Asia

Wee Ee Cheong, chief executive officer of United Overseas Bank Ltd. (UOB), attends a news conference … [+] in Singapore, on Friday, Feb. 22, 2019. Photographer: Ore Huiying/Bloomberg © 2019 Bloo...

Citibank: bear market may be over

There has been recent news that the bear market may be coming to an end for Citibank.  ?NEW: #Bitcoin bear market could be coming to an end – Citibank — Bitcoin Archive ??? (@BTC_Archive) July 24, 202...

Nexo hires Citibank to advise on acquisitions during market turmoil

Crypto lending platform Nexo says that its strong balance sheet means it can ride to the rescue to provide liquidity during the current market turmoil by acquiring the assets of struggling crypto firm...

Citibank To Develop Bitcoin Custody Services In Partnership With Swiss Firm Metaco

Banking giant Citibank has announced that it has partnered with Swiss firm Metaco to develop a digital asset custody platform. The platform’s integration will be with Securities Services and will init...

Nexo Taps Citibank for Assistance on Potential Acquisitions as Crypto Markets Struggle

The current bear market has left many crypto-related businesses reeling. Between the Luna fiasco and assets dropping close to levels not seen in 2 years, crypto mainstays are struggling to stay afloat...

Nexo hires Citibank amid market crash for acquisitions advice

Crypto financing platform Nexo has engaged Citibank to help it acquire struggling crypto companies during the present market volatility. The company has stated that its robust balance sheet will offer...

Citibank Building Crypto Custody Service, Says Mass Digitization of Traditional Investments Taking Place

Financial services giant Citibank is creating a crypto custody service, saying that a mass digitization of traditional investments is already underway. According to a new press release, Citi has chose...

Citibank, Swiss Crypto Firm Partner To Develop Bitcoin Custody Services

Citibank, a major global banking institution, revealed on Wednesday that it has hired Switzerland-headquartered crypto custody firm Metaco to establish a digital asset custody platform. The collaborat...

U.S. Firms In Shanghai Cutting Revenue Forecasts, Investment Plans After Lockdowns — Survey

A police patrol vehicle monitors the crowd along Shanghai’s iconic Bund on June 1. Lockdown … [+] restrictions have eased in much of the city this month but residents face stringent travel...

Why Citibank left India — Quartz India

Mumbai-based Axis Bank is set to acquire Citigroup’s consumer business. The move follows the US banking giant’s exit from the country as part of a global strategy. Axis Bank yesterday (March 30) annou...

Billionaire Wee Cho Yaw’s UOB Rises To Record High Amid Optimism Over `Game-Changing’ Citibank Deal

Wee Ee Cheong, chief executive officer of United Overseas Bank (UOB), attends a news conference in … [+] Singapore, on February 22, 2019. Ore Huiying/Bloomberg Shares of United Overseas Bank—con...