Citigroup is planning to cut 150 wealth management jobs in its Asia-Pacific operations, according to a Reuters report.

The report cited sources close to the bank, which also said 60% of the cuts would be in Hong Kong and Singapore, where the US bank has the majority of its wealth management staff in the region.

Press Briefing

Citigroup

FN’s busy summer of awards: Here’s how to stay in the loop

Wanted: Female leaders in European finance

Ex-EY managing partner Andy Baldwin joins IBM Consulting

https://images.fnlondon.com/im-44745761?size=1.5

Baldwin left EY after losing out on the CEO role last year

Fiera Capital managing partner Catherine O’Reilly exits

https://images.fnlondon.com/im-12269829?size=1.5

The former Goldman Sachs  and TCI Fund Management employee has also stepped down from her board role at UK trade body the Investment Association

Who is JPMorgan’s new UK private banking boss?

https://images.fnlondon.com/im-46763652?size=0.7

Maricé Brown is ‘JPMorgan through and through’ but is an unfamiliar name in the City

Tesla’s sales in the European Union logged another steep decline in May, continuing a downward trend for Elon Musk’s electric-vehicle maker even as the bloc’s EV market shows signs of growth.

Tesla’s EU Sales Slumped in May Despite EV Market Growth

Oil prices rose as investors closely monitored the stability of the Israel-Iran cease-fire and as traders focused on negotiations between the U.S. and Iran.

Oil Rises as Traders Monitor Cease-Fire, But Weekly Losses Top 10% 

How a band of brew-swilling detectives brought down Scotland’s ‘Mr. Tea’

On-and-off trade battles, hot wars and deportations make it tough to predict where the U.S. economy is headed.

U.S. Attack on Iran Injects Uncertainty Into Already Uncertain Economy

Texas and Oklahoma have banned some banks from state contracts, saying they discriminate against the gun and fossil-fuel industries.

By Alexander Saeedy, AnnaMaria Andriotis and Dylan Tokar

 Big Banks, Worried About Being Trump’s Next Target, Race to Appease Republicans

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

https://www.wsj.com/?type=allesseh_content_full_list

https://www.fnlondon.com/client

MY ACCOUNT

ABOUT

SECTIONS

unbolded

Citi plans wealth management job cuts

Financial News

Tesla’s EU Sales Slumped in May Despite EV Market Growth

Oil Rises as Traders Monitor Cease-Fire, But Weekly Losses Top 10%

The Great Scottish Tea Swindle

U.S. Attack on Iran Injects Uncertainty Into Already Uncertain Economy

Big Banks, Worried About Being Trump’s Next Target, Race to Appease Republicans