Citigroup

Citigroup To Boost EMEA Banking Operations
Citigroup To Boost EMEA Banking Operations
April 26, 2021  |  B2B Payments

Citigroup will expand its commercial banking operations for Europe, the Middle East and Africa (EMEA), a press release said Monday (April 26). Get the Full...

READ MORE >
Today In Digital-First Banking: Drury Tapped To Lead Telecom, Tech Banking For Citi; UK Examines Benefits Of ‘Britcoin’
Today In Digital-First Banking: Drury Tapped To Lead Telecom, Tech Banking For Citi; UK Examines...
April 20, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, Philip Drury has been chosen to lead an investment banking group for Citigroup that is focused on firms...

READ MORE >
Drury Selected To Head Up Telecom, Tech Banking For Citi
Drury Selected To Head Up Telecom, Tech Banking For Citi
April 19, 2021  |  Banking

Philip Drury has been selected by Citigroup Inc. to head up a new investment banking group that has a concentration on firms in telecom, data,...

READ MORE >
Citigroup Q1 Profits Up As It Plans Exit From 13 Global Markets
Citigroup Q1 Profits Up As It Plans Exit From 13 Global Markets
April 15, 2021  |  Earnings

Citigroup reported higher-than-expected profits of $7.9 billion, or $3.62 per share, for the first quarter of this year compared to last year’s $2.5 billion, or...

READ MORE >
Citigroup Seeks To Maintain Freeze On Inadvertent Loan Payment Of $504 Million
Citigroup Seeks To Maintain Freeze On Inadvertent Loan Payment Of $504 Million
April 09, 2021  |  Loans

Creditors of Revlon Inc. that obtained in excess of $500 million in inadvertent payments by way of Citigroup Inc. want a judge to let them...

READ MORE >
Citi Loses Suit To Recoup $500 Million In Mistakenly Transferred Funds
Citi Loses Suit To Recoup $500 Million In Mistakenly Transferred Funds
February 16, 2021  |  Legal

Citigroup’s erroneous sending of a half-billion dollars to Revlon lenders can’t be recouped, U.S. District Judge Jesse Furman in New York ruled on Tuesday (Feb....

READ MORE >
Citi: Accelerated Digital Migration Provides Insights Into B2B Behavior
Citi: Accelerated Digital Migration Provides Insights Into B2B Behavior
February 01, 2021  |  Accounts Receivable

Let’s rewind to January 2020, a couple of months before the world was turned on its head. If at that time, someone would have asked...

READ MORE >
Q4 Earnings Reports Show Mobile Banking’s Surge
Q4 Earnings Reports Show Mobile Banking’s Surge
January 21, 2021  |  Banking

One common theme amid bank earnings — beyond lofty trading revenues gleaned from Wall Street — has been the increased uptake of mobile banking. Stats from...

READ MORE >
Multichannel Commerce Craves The Clarity Of Back-Office Optimization
Multichannel Commerce Craves The Clarity Of Back-Office Optimization
January 21, 2021  |  Omnicommerce

As many cash flow fixes as have flowed into the marketplace since the pandemic’s onset, large gaps persist — even among treasury banks — in transparency...

READ MORE >