Markets·October 21, 2026 at 7:00 PM EDT·1 source
Citi Targets Top Spot in China as It Awaits Securities License
C -1.5%
C · last 30 trading days-1.5% since the news
News
What happened
- Citigroup is seeking an onshore securities license in China as it expands operations in the country.
- The expansion follows major consumer-business exits by the US lender across Asia.
Why it matters
The license could shape Citi’s competitive position in China and its broader Asia strategy, particularly for financial-services professionals tracking markets and credit.
What to watch. Whether Citi secures the onshore securities license in China.
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Timeline
- EarlierOct 16U.S. raises Mastercard, Citigroup China market access in bilateral Bangkok talks, official says
- EarlierOct 19Citi’s Manthey Sees French Equities Volatile Beyond April Vote
- EarlierOct 20Treasuries Losing Luster as Hedge Tool, Citi Australia CEO Says
- First reported by BloombergOct 21Citi Targets Top Spot in China as It Awaits Securities License
Sources (1)
Related
- Oct 23 · Citi Gets Regulator Nod for Wholly Owned Securities Venture in China
- Oct 22 · Citigroup Inc.: Executive or director change
- Oct 22 · Citi ECM Chief Sees Near-Term IPO Caution on Neocloud Wobbles
- Oct 20 · Treasuries Losing Luster as Hedge Tool, Citi Australia CEO Says
- Oct 19 · Citi’s Manthey Sees French Equities Volatile Beyond April Vote
- Oct 16 · U.S. raises Mastercard, Citigroup China market access in bilateral Bangkok talks, official says
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