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.