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The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. Citi's Capital Markets and Advisory Head for Asia, Jan Metzger, will lead its investment bank for the Asia North and Australia and Asia South Cluster, according to the source, who declined to be named as the bank had yet to make the information public. Former Asia corporate head bank Kaleem Rizvi has been appointed as the corporate bank head for Asia North and Australia, while K Balasubramanian was named as head of corporate banking for Asia South, the source added. Gunjan Kalra will continue to lead Citi's commercial banking business for Asia North and Australia and Asia South, according to the source. Citi announced Monday plans to cut management layers from 13 to eight as part of its biggest overhaul in decades.

Persons: Chris Helgren, Jan Metzger, Kaleem Rizvi, Balasubramanian, Gunjan Kalra, Selena Li, Yantoultra, Miral Organizations: Citigroup Inc, Citi, REUTERS, Citigroup, Asia, Former, Asia North, Street, Thomson Locations: Toronto , Ontario, Canada, HONG KONG, SINGAPORE, Asia Pacific, Australia, Asia, Former Asia, Hong Kong, Singapore

REUTERS/Stefan Wermuth/File Photo Acquire Licensing RightsLONDON, Nov 20 (Reuters) - Nacho Gutiérrez-Orrantia, one of Citi's (C.N) 's most senior bankers in Europe, will become the bank's head of banking in Europe as part of its planned restructuring, people familiar with the situation said. In his new role of head of the Europe cluster, the Spanish banker will look after Citi´s businesses in the region. Prior to the restructuring, Europe was part of its EMEA business unit, the second-largest region on a revenue basis, according to Citi's 2022 annual report. Gutiérrez-Orrantia was appointed in 2021 as its co-Head of Banking, Capital Markets and Advisory (BCMA) for Europe, Middle East and Africa (EMEA) and has spent 19 years at the bank. The US bank recently appointed former Deutsche Bank UK deputy CEO Tiina Lee as UK Citi Country Officer (CCO) and UK cluster and banking head.

Persons: Stefan Wermuth, Nacho Gutiérrez, Orrantia, Jens Welter, Jane Fraser, Ernesto Torres, Tiina Lee, Andres Gonzalez, Pablo Mayo Cerquerio, Anousha Sakoui, Louise Heavens Organizations: Citibank, City of, REUTERS, Reuters, Citi, EMEA, Banking, Capital Markets, Advisory, Bilbao, Credit Suisse, Deutsche Bank UK, Citi Country, Thomson Locations: City, City of London, Europe, Spanish, Middle East, Africa, EMEA, America, Asia South, Asia, Australia, Japan

☆ The World Is Becoming More African
▼ + stars: | 2023-10-28 | by ( Declan Walsh | Hannah Reyes Morales | ) www.nytimes.com time to read: +37 min

Old World Young Africa As the world grays, Africa blooms with youth. The World Is Becoming More African Part one of a series on how the youth boom is changing the continent, and beyond. But while a handful of African countries are poised to ride the demographic wave, others risk being swamped by it. In the West, racists and right-wing nationalists stoke fears of African population growth to justify hatred, or even violence. The age gap between geriatric leaders and restless youth is “a major source of tension” in many African countries, said Simon Mulongo, a former African Union diplomat from Uganda.

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☆ North Korea Wants Dollars. It’s a Sign of Trouble.
▼ + stars: | 2022-12-09 | by ( Choe Sang-Hun | Pablo Robles | ) www.nytimes.com time to read: +18 min

Media Korean Studies 2016 2008 New Finished New buildings Repainted TAEDONG RIVER TAEDONG RIVER Pyongyang in 2008. Media Korean Studies 2008 2016 New Finished New buildings Repainted TAEDONG RIVER TAEDONG RIVER Pyongyang in 2008. Under Mr. Kim, North Korea has opened a new terminal at the city’s international airport, renovated subway stations and opened new amusement parks. Missile tests this year alone cost North Korea hundreds of millions of dollars, according to estimates by South Korean and American researchers. An array of cell phones, assembled in North Korea with components imported from China, is on sale and advertised on state TV.

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