HONG KONG :Citigroup's Asia wealth revenue surged 20 per cent in the first quarter of 2023, backed by investment gains, insurance revenue and a jump in new private banking clients, according to a company spokesperson.
The number of new clients who joined Citi's Private Bank in the region have doubled in the first quarter from a year ago, with new private banking assets growing 20 per cent year on year, according to a Citi spokesperson. The U.S lender cited headwinds in securing revenue from investment products and higher interest rates paid on deposits as being the main factors for the global decline.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
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