Citi sees stronger China wealthy client base in 2019 despite economy slowing - Dealers Care

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Tuesday, 29 January 2019

Citi sees stronger China wealthy client base in 2019 despite economy slowing

By Sumeet Chatterjee and Jennifer Hughes HONG KONG (Reuters) - Citigroup expects its China wealth management client base to grow faster in 2019 than last year, at more than 30 percent, the bank's country chief said, despite the world's second-largest economy slowing and feeling the pain of a trade war. Citi's total number of wealth management clients in China, with at least 1 million yuan ($148,610.49) in investable assets, grew 21 percent last year, Christine Lam told Reuters in an interview

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