Citigroup's Asia family office clients set to grow 25% this year

Citigroup's Asia family office clients set to grow 25% this year

FILE PHOTO: The logo of Citi bank is pictured at an exhibition hall in Bangkok, Thailand, May 12, 2016. REUTERS/Athit Perawongmetha/File Photo

Citigroup’s Asia family office business expects a 25% increase in clients this year, the U.S. bank’s regional head of its family office advisory business said, as Singapore and Hong Kong vie to attract more wealth.