China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

Euromoney’s 2012 FX survey results

Euromoney’s 2012 FX survey results

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Skip Navigation LinksHome :: Back Issues :: Citi in Hong Kong: Foreign devils or client first champions?

March 2010

Citi in Hong Kong: Foreign devils or client first champions?



Vikram Pandit, Citigroup’s chief executive, visited Hong Kong to much fanfare on February 3 to open six new branches of the bank. As reported in a gushing press release from Citi, its leader spoke from the new Cameron Road branch about Citi’s "more than 108-year history" in Hong Kong and the exciting new products clients could look forward to. The release does not relate whether Pandit...


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