Citi's wealth business in Asia grew its assets last year – no mean feat in tricky conditions – and rolled out useful new tools and products. For the firm's strong showing, we named it best consumer bank.
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Our 10th and 11th most influential fund selectors in Hong Kong and Singapore are James Fava of UBS and Paul Hodes of Citi, who work for two of the biggest wealth platforms in Asia.
Australia has been a cheerleader for the upcoming passporting scheme, but industry players have claimed the country's taxation arrangements represent the biggest hurdle to its successful implementation.
Kevin Wong arrives as head of sector solutions for Asia Pacific, following a regional management reshuffle in recent months.
Citi is deploying technology to diversify its product offering and make customer feedback more sophisticated and central to deciding how it provides advice.
Internet companies have two advantages that asset managers must learn from, hears an Association of the Luxembourg Fund Industry forum in London
JP Morgan becomes the latest foreign bank to receive a licence to sell mutual funds to mainland investors but, unlike its peers, it will focus on institutional investors.
Citibank (China) hopes to partner seven new mutual fund firms by year-end, as it expands its onshore distribution. It is targeting high-net-worth individuals and the emerging affluent.
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The funds are launched in partnership with BlackRock Merrill Lynch Investment Managers.
The bank beat State Street and JPMorgan Chase for the $1 billion mandate.
Schroders will provide six of its international mutual funds for CitibankÆs QDII product.
ABN AMRO veteran Bo Kratz takes on a new position at the fund-of-hedge-funds provider in Hong Kong.