May 22 (Reuters) - Citigroup ( C/PN ) has launched Citi AI,
a suite of artificial intelligence (AI) tools for its employees
in Hong Kong, the bank said on Thursday.
The tools support internal operations including information
retrieval from Citi's policy library, document summarisation and
creation of electronic communications drafts among others, it
said in a statement.
"These initiatives are in line with Hong Kong Monetary
Authority's commitment to promoting responsible adoption of AI
across the banking industry," Aveline San, Citi Hong Kong and
Macau's CEO and head of banking, said.
Citi AI is currently available to about 150,000 employees
across 11 countries such as the United States, India and
Singapore.
The company plans to roll out the tools in more markets this
year.
Last week, Reuters reported that Citi is cutting up to 200
information technology contractor roles in China as the bank
looks to hire its own staff globally for such operations to
improve risk management and data governance.