Citi
Citi
Citigroup is a global financial services company doing business in more than 100 countries and jurisdictions. Citigroup's operations are organized into two primary segments: the global consumer banking segment and the institutional clients group.
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In the second lawsuit of its kind, more than a dozen of the world's largest banks are accused of price fixing on roughly $486 billion of bonds issued by Fannie Mae and Freddie Mac.
March 22 -
The bill by Sens. Kevin Cramer, R-N.D., and John Kennedy, R-La., would block banks and credit unions with over $10 billion of assets from refusing service to "customers that may not share the same political values."
March 21 -
U.S. banks accounted for nearly 40% of the financing worldwide to such firms, according to a report by Rainforest Action Network.
March 20 -
The bank was fined $25 million for what the Office of the Comptroller of the Currency said was an inability to provide the discounts to all who were eligible.
March 19 -
BB&T-SunTrust deal came together with remarkable speed; Citi and Chase take on fintechs at their own game; CECL spells trouble for small banks, consumers; and more from this week’s most-read stories.
March 15 -
A potential succession and a transfer of power in family leadership are among the key recent executive moves in banking.
March 12 -
The upstart lenders have been chipping away at credit cards’ consumer-lending dominance by offering fixed-rate loans with predictable repayment plans. Now the card giants are fighting back.
March 8 -
Is it realistic to think Wells Fargo might get a new female CEO? How one fintech makes women feel welcome, and how another fosters innovation. Plus some of our Most Powerful Women make big moves – two retire, one jumps from BNY Mellon to Amex, one exits a board and another joins one.
March 6 -
JPMorgan's Dimon: Square innovated where we should have; this company simplifies bank switching (and banks pay for it); BB&T-SunTrust deal has Atlanta banks licking their chops; and more from this week's most-read stories.
March 1 -
Tatiana Clouthier, one of the most powerful lawmakers Mexico, is backing a campaign that's spread jitters through financial markets: make the banks charge less.
February 27 -
The bank said in its annual report that anticipated store closings could reduce both new account acquisitions and purchase volume.
February 25 -
The name of John Havens was on a list of 25 men, including New England Patriots owner Bob Kraft, being charged for soliciting, police officials in Jupiter, Fla., said.
February 22 -
Will Howle, head of U.S. retail and mortgage banking, and Alice Milligan, chief digital experience officer, will leave this spring.
February 22 -
The swaps contract was struck before the U.S. stepped up sanctions on the Venezuelan leader's government, but it's due to expire soon, and whether Citi should repossess the gold is a political football.
February 21 -
Mel Watt calls FHFA watchdog “sexist,” after it concludes he’s guilty of sexual harassment. State Street sues the "Fearless Girl" sculptor. Banks big and small face mounting pressure on gender pay gap and board diversity. And another top 40 U.S. bank might get a female CEO.
February 21 -
CEO Corbat says “thousands” of call center jobs may be lost; Barclays shareholder sells all stock in the bank and Deutsche’s biggest slashes its stake.
February 19 -
Flaws in testing may be real source of Wells Fargo's tech failure; BB&T-SunTrust deal throws talent and deposits up for grabs, threatens banking's middle tier; what JPMorgan Chase's JPM Coin means for Ripple and Swift; and more from this week's most-read stories.
February 15 -
Barclays, BMO, Citibank, Goldman Sachs and ING contributed to the online student lender, which last year made over $1 billion in loans.
February 14 -
Arjuna Capital is filing shareholder proposals with 11 financial and tech companies to uncover median gender pay gaps, which it said would determine if more women are concentrated in lower-paying jobs.
February 13 -
Pentagon Federal Credit Union, JPMorgan Chase, Capital One, Citigroup and a handful of others have pumped more than 100 million contactless credit and debit cards altogether into the U.S. market recently, but it’s a drop in the bucket in the world’s largest card market.
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