Citigroup Plans 25% Corporate Banking Team Expansion in North Asia
On August 31, 2026, Citigroup announced plans to expand its global corporate banking team by about 25% this year to better serve clients in North Asia. The move is linked to operations overseen by JianXun Toh for Japan, North Asia and Australia. The summary also flags valuation concerns, with a P/S around 2.0x versus a historical median near 1.0x, and a GF Score of 74/100.