Citigroup Inc. is seeking to strengthen its business with medium-size companies in Japan as the Wall Street bank accelerates efforts across the globe to broaden its customer base.
The US firm has created a team in Tokyo to offer them tailored products in areas ranging from global cash management to financing, under the brand of Citi Commercial Bank, according to a statement Monday. Yutaka Naito will lead the group targeting firms with cross-border business needs.