• Citigroup received approval to establish a wholly owned securities venture in China, expanding its onshore capital markets capabilities.
• The securities license will enable onshore underwriting, complementing existing offshore capabilities.
• The venture will support onshore securities and trading activities for corporate and institutional clients accessing Chinese capital markets.
• Plans include building a local team and leveraging its global network to support domestic capital market development.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Citigroup Inc. published the original content used to generate this news brief on October 23, 2026, and is solely responsible for the information contained therein.