Lion City to shed some private banks
Singapore's domestic and international private banks jostle for market share as high costs and tough regulations will likely maul weaker players.
July 14, 2015
Citi announced yesterday that Bassam Salem will become Asia-Pacific CEO of Citi's private banking division. Salem will replace Aamir Rahim, who has been appointed head of Citi’s public sector group for Asia-Pacific.
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