SINGAPORE - Citi will open its largest wealth advisory hub in Orchard in December as it targets a doubling of its market share of catering to the well-heeled.
Citigold is the bank's wealth management service for customers with at least $250,000 in investible assets. It added that the hub will allow Citibank Singapore to have deeper conversations about wealth with customers, while serving their simple transaction needs digitally. The bank said it aims to achieve double-digit growth in market share and number of clients in the wealth segment in the next few years.
An antimicrobial coating will be applied on all high-touch surfaces and safe distancing of at least 2m will be enforced. All rooms will be disinfected after each use and plexi-glass shields will be installed throughout the hub as a precaution against the transmission of the coronavirus.
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