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Citi expands Singapore wealth arm amid wider Asia retreat

<br /> Citi expands Singapore wealth arm amid wider Asia retreat –<br /> Nikkei Asia<br />

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Wealth Management

Bank doubles down on city-state as a venue to manage private clients

U.S.-based bank Citigroup said it will open two new wealth advisory hubs in Singapore.

  © Reuters

SINGAPORE — Citigroup on Wednesday announced that it is expanding its wealth management presence in Singapore, even as rivals take over its consumer business units elsewhere in Asia.

The U.S.-based bank said it will open two new wealth advisory hubs in the city-state as the Asian…

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