Citigroup

September to Remember for Tokenized Deposits?
September to Remember for Tokenized Deposits?
September 24, 2024  |  Digital Payments

The last days of the third quarter are upon us, the waning days of the month, too. And it’s shaping up to be a September...

READ MORE >
Citi Hits Snag With China Plans as Regulators Flag Data Issue
Citi Hits Snag With China Plans as Regulators Flag Data Issue
September 23, 2024  |  Banking

Citi’s plan to expand in China has reportedly hit a regulatory bump in America. The trouble stems from a penalty levied by the Federal Reserve against the banking...

READ MORE >
Report: American Airlines Considering Making Citigroup Sole Credit Card Partner
Report: American Airlines Considering Making Citigroup Sole Credit Card Partner
September 20, 2024  |  Travel Payments

American Airlines is reportedly considering consolidating its business with a single credit card partner, potentially by making Citigroup its exclusive partner and dropping Barclays. The...

READ MORE >
Citigroup Says Demand for High-Growth Stocks Could Benefit Tech Companies
Citigroup Says Demand for High-Growth Stocks Could Benefit Tech Companies
September 10, 2024  |  Investments

A top Citigroup banker reportedly said that a handful of tech companies are considering going public on U.S. exchanges before the end of the year and...

READ MORE >
SMBs, AI, and FinTech Partnerships Headline This Week in B2B
SMBs, AI, and FinTech Partnerships Headline This Week in B2B
August 29, 2024  |  B2B Payments

Businesses of all sizes are finding themselves at the crossroads of innovation and tradition. And they are choosing to embrace innovation rather than stand still...

READ MORE >
Citigroup Aims to Double Commercial Banking Revenue by Targeting Small Businesses
Citigroup Aims to Double Commercial Banking Revenue by Targeting Small Businesses
August 28, 2024  |  SMBs

Citigroup is reportedly looking to increase its revenue by adding smaller clients. Traditionally known for serving only the largest clients, the bank has expanded its...

READ MORE >
Citi Digital Assets Exec Shobhit Maini Reportedly Leaving Bank’s Market Unit
Citi Digital Assets Exec Shobhit Maini Reportedly Leaving Bank’s Market Unit
August 13, 2024  |  News

The head of digital assets for Citi’s markets unit is reportedly stepping down. Shobhit Maini, who has held that job since 2021, is leaving the...

READ MORE >
US Bank Stocks Dip After Country’s Unemployment Rate Jumps
US Bank Stocks Dip After Country’s Unemployment Rate Jumps
August 05, 2024  |  Economy

Several U.S. bank stocks reportedly slipped Monday (Aug. 5) as investors left the sector amid rising fears of a potential recession. Among the losses were...

READ MORE >
Report: Citi Allegedly Broke Fed’s Intercompany Transaction Limits
Report: Citi Allegedly Broke Fed’s Intercompany Transaction Limits
July 31, 2024  |  Banking

Citigroup reportedly made repeated breaches of a Federal Reserve rule limiting intercompany transactions. Those breaches led to errors in the banking giant’s internal liquidity reporting, Reuters reported Wednesday...

READ MORE >