“We’re not going to cut costs”: Citi PB’s Horace Yip on growth and expansion

Citi Private Bank’s Hong Kong business is performing better than last year, with deposit balances exceeding targets as the bank expands its Asian business and invests in specialist client support and technology. Horace Yip, the US lender’s head of Hong Kong, said Citi would maintain its expansion plans into 2027, focusing on hiring experienced relationship managers and using artificial intelligence…

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