Citigroup's (C) latest collaboration enables its cross-border 24/7 USD payments available to Emirates NBD's corporate and retail clients 24 hours, end to end across its branch network.
Citigroup head of wealth management has set out a lofty goal for the challenged business he has inherited: leading the industry. “You can’t take the seat that I’m in without, in my view, setting a very high bar in terms of over time what success should look like,” Andy Sieg, the veteran wealth executive who joined Citi last year, said Wednesday at a financial industry conference. “This should be the No. 1 wealth management business in the world over time.”
Key Insights Institutions' substantial holdings in Citigroup implies that they have significant influence over the...