<div class=newsTextDataWrapInner><p>(July 8): Citigroup Inc’s workforce in Singapore has shrunk by about 500 people amid a global restructuring planned by the Wall Street giant, the <i>Straits Times</i> reported Monday.</p></div>

<div class=newsTextDataWrapInner><p>It currently has 8,000 full-time and contract staff in the city-state, down from 8,500 in October. The lender has eliminated management layers and other roles focused on Asia Pacific to streamline operations, <i>ST</i> reported.</p></div>

<div class=newsTextDataWrapInner><p>Some staff have moved to the bank’s newly formed international division that oversees its businesses outside of North America, Singapore Citi country officer Tibor Pandi said in an interview with the local newspaper.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“Management layers are fewer, decision-making is faster, and the governance across the firm becomes much simpler,” Pandi was reported as saying.</p></div>

<div class=newsTextDataWrapInner><p>Singapore remains one of the bank’s largest operations, Pandi said. Citi Singapore is looking to hire more staff for its growing wealth business as well as commercial bankers to cater to companies expanding in the region, he added.</p></div>

<div class=newsTextDataWrapInner><p><i>Uploaded by Magessan Varatharaja</i></p></div>


Citigroup Inc’s workforce in Singapore has shrunk by about 500 people amid a global restructuring planned by the Wall Street giant, the Straits Times reported Monday.

Citi’s Singapore workforce shrinks by 500 amid global restructuring — ST 

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Taman Subang Ria: A Lush Oasis in Subang Jaya Where Nature and Community Thrive

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Chinese hackers accessed the networks of US broadband providers and obtained information from systems that the federal government uses for court-authorised wiretapping, the Wall Street Journal reported on Saturday.

Chinese hackers breached US court wiretap systems, WSJ reports

France's TotalEnergies is considering a move into trading copper, expanding its oil trading operations into metals to capitalise on the global energy transition, the Financial Times reported on Sunday.

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More than 180 years of horse racing came to an end in Singapore on Saturday, as the Singapore Turf Club hosted its final race day before its track is handed back to the government to provide land for new homes.

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Italian energy company Eni is in talks with Japan on supplying the country with liquefied natural gas (LNG), Cristian Signoretto, Eni's director for global gas and LNG portfolio, told reporters on the sidelines of a conference on Sunday.

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<p>More than 180 years of horse racing came to an end in Singapore on Saturday, as the Singapore Turf Club hosted its final race day before its track is handed back to the government to provide land for new homes.</p>


<p>France's TotalEnergies is considering a move into trading copper, expanding its oil trading operations into metals to capitalise on the global energy transition, the <i>Financial Times</i> reported on Sunday.</p>


<p>Chinese hackers accessed the networks of US broadband providers and obtained information from systems that the federal government uses for court-authorised wiretapping, the <i>Wall Street Journal</i> reported on Saturday.</p>


<div class="ceonothumb pb-5 imgw-800 mx-auto d-block"><a class="mobx embedimg-icon" data-desc="Actual site of the 180-acre Taman Subang Ria." data-rel="ceolightbox" href="//myassets.theedgemalaysia.com/pics/2024/SDP-SJCC-BC07102024_thumbv2_tem.jpg"><img alt="" src="//myassets.theedgemalaysia.com/pic...

<p>Australia has long been synonymous with world-class education and its main cities have consistently ranked among the most liveable in the world. Sydney, the capital of New South Wales, and Melbourne, the capital city of Victoria, are among some of the best student cities globally.</p>


<p>It was a momentous occasion for HSBC as we commemorated our 140-year anniversary in Malaysia with distinguished guests, including YAB Dato' Seri Anwar bin Ibrahim, the Prime Minister of Malaysia. The celebration in Kuala Lumpur, which brought together key stakeholders and longstanding customers, reinforced the country's significance in our ASEAN expansion strategy.</p>
