Citigroup Seeks More of Asia's Growing Market

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00000903-citigroup-seeks-more-of-asias-growing-mar/

By Brian Kelleher, Reuters

Asia’s $304 billion financial services market should grow 10 percent annually through 2009, and Citigroup Inc. aims to exceed that figure and build on its 3 percent regional market share, top executives said on Thursday.

Between corporate and investment banking, consumer banking and private banking, total Asian banking revenues — the region’s “wallet” — were about $304 billion in 2004, said Robert Morse, chief executive of Citigroup’s Asia Pacific corporate and investment banking unit.

For this complete story, please visit Citigroup Seeks More of Asia’s Growing Market.

Citigroup Seeks More of Asia's Growing Market

Unknown Author

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