NEW YORK, February 02, 2023--Citi’s Issuer Services, acting through Citibank, N.A., has been appointed as the depositary bank by QuantaSing Group Limited ("QuantaSing") – a leading online learning service provider in China's adult learning market, to act as Depositary Bank for its American Depositary Receipt ("ADR") program.
The two megabanks that lagged competitors over the course of the bull market run of the past decade, Wells Fargo (NYSE: WFC) and Citigroup (NYSE: C), are outperforming thus far in 2023. Wells Fargo's stock price is up about 13.8% year to date, while Citigroup was up about 14.2%. Wells Fargo, the fourth-largest bank in the U.S. with about $1.9 trillion in total assets under management, has been dogged by regulatory problems over the past several years.
NEW YORK, February 01, 2023--Anand Selvakesari, Citi’s Chief Executive Officer of Personal Banking & Wealth Management, will present at the Bank of America 2023 Financial Services Conference on Thursday, February 16. The presentation is expected to begin at approximately 9:40 a.m. (Eastern). A live webcast will be available at http://www.citigroup.com/citi/investor. A replay and transcript of the webcast will be available shortly after the event.