Latest news with #corporatebanking
Bloomberg
5 hours ago
- Business
- Bloomberg
BBVA Plans to Set Up Abu Dhabi Branch for Its Investment Bank
BBVA SA is preparing to expand its presence in Abu Dhabi as it seeks to grow its corporate and investment banking business in the region. Spain's second-largest lender aims to transform its current representative office in the emirate into a fully-fledged banking branch for its CIB unit, people with knowledge of the plans said. A spokesperson for the lender declined to comment.
Reuters
26-05-2025
- Business
- Reuters
Citi appoints Thakker head of corporate bank for South and Southeast Asia, memo shows
SINGAPORE, May 26 (Reuters) - Citigroup (C.N), opens new tab has appointed Prashant Thakker head of the corporate bank for South- and Southeast Asia, according to an internal memo. The appointment as head of Asia South Corporate Bank is effective immediately, the memo seen by Reuters on Monday showed. Citi's Asia South markets comprise India, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, Bangladesh and Sri Lanka. Thakker will oversee the business strategy, financial performance, talent development and execution for Citi's Asia South Corporate Bank across local corporate, financial institution, public sector and global network banking businesses, the memo showed. A Citi spokesperson confirmed the contents of the memo. Thakker, who joined Citi in 2007 as a banker in India and moved to Hong Kong in 2013, currently heads Citi's Capital Management for Japan, Asia North and Australia and Asia South and will relocate to Singapore, according to the memo. He will report to Jason Rekate and John Chirico, both Global Co-Heads of Corporate Banking, and Amol Gupte, Head of Asia South Cluster, the memo showed.
Yahoo
26-05-2025
- Business
- Yahoo
Citi appoints Thakker head of corporate bank for South and Southeast Asia, memo shows
SINGAPORE (Reuters) - Citigroup has appointed Prashant Thakker head of the corporate bank for South- and Southeast Asia, according to an internal memo. The appointment as head of Asia South Corporate Bank is effective immediately, the memo seen by Reuters on Monday showed. Citi's Asia South markets comprise India, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, Bangladesh and Sri Lanka. Thakker will oversee the business strategy, financial performance, talent development and execution for Citi's Asia South Corporate Bank across local corporate, financial institution, public sector and global network banking businesses, the memo showed. A Citi spokesperson confirmed the contents of the memo. Thakker, who joined Citi in 2007 as a banker in India and moved to Hong Kong in 2013, currently heads Citi's Capital Management for Japan, Asia North and Australia and Asia South and will relocate to Singapore, according to the memo. He will report to Jason Rekate and John Chirico, both Global Co-Heads of Corporate Banking, and Amol Gupte, Head of Asia South Cluster, the memo showed.
Yahoo
26-05-2025
- Business
- Yahoo
Citi appoints Thakker head of corporate bank for South and Southeast Asia, memo shows
SINGAPORE (Reuters) - Citigroup has appointed Prashant Thakker head of the corporate bank for South- and Southeast Asia, according to an internal memo. The appointment as head of Asia South Corporate Bank is effective immediately, the memo seen by Reuters on Monday showed. Citi's Asia South markets comprise India, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, Bangladesh and Sri Lanka. Thakker will oversee the business strategy, financial performance, talent development and execution for Citi's Asia South Corporate Bank across local corporate, financial institution, public sector and global network banking businesses, the memo showed. A Citi spokesperson confirmed the contents of the memo. Thakker, who joined Citi in 2007 as a banker in India and moved to Hong Kong in 2013, currently heads Citi's Capital Management for Japan, Asia North and Australia and Asia South and will relocate to Singapore, according to the memo. He will report to Jason Rekate and John Chirico, both Global Co-Heads of Corporate Banking, and Amol Gupte, Head of Asia South Cluster, the memo showed. Sign in to access your portfolio
Bloomberg
14-05-2025
- Business
- Bloomberg
BofA Promotes Jeff Tannenbaum to Lead European Dealmakers
Bank of America Corp. named Jeff Tannenbaum the new head of corporate and investment banking across Europe, the Middle East and Africa as part of a slew of changes in the Wall Street bank's international division. Tannenbaum is replacing Jim O'Neil, who is taking a role in the UK government, according to a memo to staff seen by Bloomberg. He will join the global corporate and investment banking and EMEA executive committees at the firm, the memo said.
