Citi joins HSBC in creating senior Belt and Road role

Citi has named New York-based Beibei Li as its head of Belt and Road banking and origination after HSBC moved its Malaysia CEO into a similar position earlier this summer.

So it's not a blip. Following HSBC, Citi too has created a senior banking role dedicated to the  Belt and Road Initiative as Western banks step up their efforts to splice their operations into China's grand inter-regional blueprint and, perhaps, ingratiate themselves more with Beijing.

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