Mashreq, a leading financial institution, has successfully completed a live transaction with Citi using Swift’s blockchain ledger infrastructure, marking an important step in the evolution of always-on cross-border payments.
First Abu Dhabi Bank (FAB) has done live USD transactions at scale as part of Swift’s Ledger Minimum Viable Product (MVP), using tokenised deposits and Swift smart contract settlements.
Citi Chair and CEO Jane Fraser this week met with senior leadership of the United Arab Emirates, including HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi.
Citi has appointed Rajeev Garg as the new Head of Wealth for Citibank N.A., UAE, effective June 18, 2026.
Citi has announced senior leadership appointments across its Banking & International franchise, effective August, with roles based between London and Dubai.
Citi has announced the expansion of its token services into UAE and Japan, advancing the global bank's strategy to build a more connected, always-on financial ecosystem for corporate and financial institutional clients. This is the latest milestone in Citi Services’ broader digital assets strategy.
