Mark Mason, the incoming chief financial officer at Citigroup, cut his teeth on the sale of Citi's unwanted assets after the financial crisis.

John Gerspach is scheduled to leave next March after 10 years and be succeeded by Mark Mason; ING will pay nearly $900 million for failing to stop money laundering by clients.

Nine of the world's biggest banks won dismissal of a lawsuit accusing them of conspiring to rig bonds issued by government entities and institutions like the World Bank, after a federal judge said the investors who sued didn't show how the alleged collusion led to higher prices for the securities.

JPMorgan Chase, State Street, Wells Fargo, Citigroup and Bank of America decreased their holdings of tax-exempt bonds by nearly $16 billion in the first half of 2018, according to quarterly filings with the U.S. Securities and Exchange Commission.

To expand its Asia Pacific regional reward redemption program, Pay with Points, Citi announced that it is enabling credit cardholders to spend their rewards points and miles to pay for a Spotify premium account.

Citigroup was so impressed with a test drive of AI software it invested in its maker; the FBI's warning of a cyberattack targeting ATMs came to pass — expect more to come; debating whether state AGs can serve as de facto CFPBs; and more from this week's most-read stories.

JPMorgan Chase, Citigroup and Goldman Sachs are among foreign lenders protesting a Russian central bank plan that would drastically reduce their ability to move funds from local units to their parent companies outside of Russia.

After years of scant progress on diversity measures, Citigroup has created hard targets for raising the percentages of women and African Americans in management positions by 2021, according to an internal memo from Chief Executive Officer Michael Corbat.

Citigroup was so impressed after a two-year test drive of software from the AI vendor Anaconda it decided to invest in the firm.

The Securities and Exchange Commission sanctioned Citigroup because of unauthorized proprietary trading as well as for the failure to detect suspect loans issued by its Banamex unit.