For subscribers
Company Watch
Citi’s restructuring to make bank more agile and help boost revenue, lower costs, says chairman
Sign up now: Get ST's newsletters delivered to your inbox
Citi global chair John Dugan said the bank's restructuring would reduce the need for multiple geographical managerial layers.
ST PHOTO: KEVIN LIM
SINGAPORE - Citigroup’s biggest reorganisation in decades will position the bank for growth opportunities in Asia and other emerging markets where it already has an unrivalled network presence.
The exercise will also produce an agile bank which is better aligned to serve its clients as they expand their global footprints.
