Citigroup's Asia Q1 wealth revenue jumps 20% amid new clients, investment gains

  • 📰 Reuters
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

Citigroup's Asia Q1 wealth revenue rises 20% on strong private banking growth

The logo of Citi bank is pictured at an exhibition hall in Bangkok, Thailand, May 12, 2016. REUTERS/Athit PerawongmethaAsia wealth revenue surged 20% 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% year on year, according to a Citi spokesperson.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States United States Latest News, United States United States Headlines