Citi's Luet: China's Franchise Has Grown Very Strongly
Bloomberg 2026-07-02 03:55:21
Context: Marc Luet, Head of Japan, Asia North & Australia and Banking at Citi, discussed the growth of the bank's franchise in China, highlighting the increasing role of the yuan. He expressed optimism about obtaining a securities license in the country. This interview took place on "Bloomberg: The China Show."
Key Facts
- Marc Luet is the Head of Japan, Asia North & Australia and Banking at Citi, in which capacity he discussed the bank's operations in China.
- Citi has observed a significant growth in the role of the yuan, indicating a strengthening of China's financial influence.
- Marc Luet's interview was featured exclusively on "Bloomberg: The China Show," where he shared his insights on Citi's China franchise and its prospects for obtaining a securities license.