Zurich and Citi sign Middle East
Zurich and Citi have signed a 15 year bancassurance agreement to distribute life insurance products to retail clients across the Middle East.
Citi
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Leading Malaysian banks to form 190bn
Malaysias CIMB Group and two fellow lenders are allegedly about to join to form the countrys biggest banking group.
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citibank appoints luk hk head of insurance
Citibank has appointed Virginia Luk as head of insurance for Hong Kong with immediate effect.
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aia and citibank in widest reaching bancassurance
AIA Group and Citibank have entered into an agreement for distribution of insurance products in 11 markets in the Asia-Pacific region.
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citibank in pact with cimb principal malaysia
Citibank (M) Berhad has entered into an agreement with CIMB-Principal Asset Management Malaysia, becoming the first foreign bank in the country to distribute private retirement scheme solutions.
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Citigroup axes 50 emea bankers
Citigroup has begun axing 50 investment bankers across its Europe, Middle East, and Africa (EMEA) division as a programme of cutting 11,000 jobs across its business, according to media reports.
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former citi adviser banned for madoff style scheme
The Hong Kong regulator today banned a former private banker at Citigroup Global Markets Asia from the financial services industry for ten years, for operating a ponzi scheme.
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new sovereign bond index from citi
Citi and Research Affiliates have joined forces to design a global sovereign bond index series with country weightings based on ‘economic footprint’ rather than the amount of debt they hold.
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morgan stanley sells quilter to bridgepoint
Morgan Stanley Smith Barney has agreed the sale of wealth management firm Quilter to the private equity investor Bridgepoint.
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citibank and prudential lead firms fined by mas
The Monetary Authority of Singapore has taken regulatory action against 15 financial institutions, including Prudential Singapore and Citibank which both received significant fines.
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citi and bosera unveil china balanced
Citigroup First Investment Management and Bosera International have teamed up to launch China Balanced, a Cayman Islands-domiciled unit trust investing in China-related equities and bonds.
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aum in asia and australia to double by 2015
Assets under management in Asia ex-Japan and Australia are expected to nearly double to $4trn by 2015, underpinned by a number of influencing factors, according to a study published by Cerulli Associates.