International banking giant Citi has unveiled its first ever Citi Global Wealth Centre globally in Hong Kong to support the growing needs of its Citi Private Bank and Citigold Private Client clients.
Located in Hong Kong’s Kowloon district, the centre is part of Citi’s continued investment in Hong Kong, one of the bank’s four wealth hubs globally.
Citi Global Wealth, which was formed out of the merger of the consumer and private banking businesses last year, serves the full wealth spectrum ranging from mass affluent to ultra-high net worth.
In Asia, Citi Global Wealth has close to $200bn (£174bn, €202bn) in client assets under management and over 2 million clients.
Angel Ng, head of Citi Global Wealth for Asia, said: “As a top-three wealth manager in Asia, we are well positioned to capture Asian clients’ growing appetite for wealth solutions and back them up with the best of both worlds, high-tech and high-touch.
“Hong Kong is one of our leading global wealth hubs and today’s opening underlines our commitment to invest further to support client led growth in Hong Kong and across the region.”
For more insight on asset and wealth management in Asia, please click on www.fundselectorasia.com
