ANZ goes after Citi in Asia

Farhan Faruqui, Citi’s head of global banking Asia-Pacific, has left the US bank to join ANZ as chief executive of its international business.

Metzger is joining SC's Corporate & Investment Banking team as global head, coverage banking; Kaustubh Kulkarni, co-head at Citi's Apac investment banking team will lead the team at Citi.

The Singaporean tech firm's $1.49bn deal will boost its financial services arm across five markets.

SC's operating profit grew 6% last year; Zurich Australia snaps up life insurer ClearView; Citi Vietnam appoints Thai Nguyet Minh as head of markets.

Starting May 6 in Hong Kong, Casati will help build additional banking capabilities including advisory, financing and risk management.

The banking group has large back-office centres in India, China, Malaysia and Poland; over 7,800 such roles could be impacted. The bank has also increased its profit targets for 2030 and confirmed group CFO and COO appointments.