Citigroup boosts Hong Kong team to support mainland Chinese companies’ global expansion

Quick Summary:

Wall Street bank strengthens advisory services team as it targets mid-sized companies with specialised banking services.

Citigroup was among the top five banks in terms of global investment banking revenue in the first nine months of this year, according to data compiled by Dealogic.

Citigroup’s commercial banking arm will make strategic hires in Hong Kong under a newly introduced team structure, capitalising on mainland Chinese companies’ growing overseas expansion plans and foreign firms’ push in China, according to a top executive.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Aileen Chuang

Category: Business

Markets: Hong KongChina

Topics: Hong Kong Support Cheng Bank Citigroup’s Commercial Global Investment Expansion Banking

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-08 @ 07:00:08 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 271 words

Reading Time: 2 minutes read

Sentences: 5 lines

Sentence Length: 55 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 22942134

View Article Analysis

About SCMP

Main Topics: Business

Official Website: scmp.com

Update Frequency: 13 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 1 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

Publisher Details

Frequently Asked Questions