Citigroup

Citi, JPM And Wells Fargo Lead Big Earnings Week For Banks

Citi, JPM And Wells Fargo Lead Big Earnings Week For Banks
Citi, JPM And Wells Fargo Lead Big Earnings Week For Banks
January 13, 2021  |  Earnings

The start of earnings season typically is marked by banks’ reports – and a slew of them report this week, clustered on Friday (Jan. 15)....

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Traditional FIs Drive Modernization Through FinTech Pairings
Traditional FIs Drive Modernization Through FinTech Pairings
December 29, 2020  |  B2B Payments

Traditional financial institutions (FIs) continue to anticipate future demands and make progress in their modernization efforts, but they’re not doing it alone. Get the Full...

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Today In Digital-First Banking: Former Citi Exec Joins JPMorgan; NY Fed Says Credit Applications, Acceptances Fall Amid Pandemic
Today In Digital-First Banking: Former Citi Exec Joins JPMorgan; NY Fed Says Credit Applications, Acceptances...
December 22, 2020  |  Digital-First Banking

In today’s top news in digital-first banking, a former Citigroup executive has joined J.P. Morgan Chase to lead Channels, while results from the Survey of...

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South Korea’s Digital Kakao Bank Prepares For IPO
South Korea’s Digital Kakao Bank Prepares For IPO
December 17, 2020  |  IPO

Kakao Bank Corp., a South Korean digital bank, has chosen Credit Suisse and KB Investment & Securities as its advisors for its upcoming initial public...

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Citigroup Predicts Better Credit Trends In 4Q
Citigroup Predicts Better Credit Trends In 4Q
December 10, 2020  |  Banking

Citigroup Chief Financial Officer Mark Mason says the bank is more likely to report loan loss reserve releases than builds as of the fourth quarter,...

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Today In Digital-First Banking: Lumin Collaborates With Jax Federal; JPMorgan Predicts Record eCommerce Holiday Season
Today In Digital-First Banking: Lumin Collaborates With Jax Federal; JPMorgan Predicts Record eCommerce Holiday Season
December 07, 2020  |  News

In today’s top news in digital-first banking, Lumin Digital is collaborating with Jax Federal Credit Union (JAXFCU), while J.P. Morgan predicts a record eCommerce holiday...

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Citigroup Chief: CBDCs Are ‘Inevitable’ In The Future Of Currency
Citigroup Chief: CBDCs Are ‘Inevitable’ In The Future Of Currency
December 06, 2020  |  Digital Payments

Citigroup will be helping governments around the world establish sovereign digital currencies, or central bank digital currencies (CBDC), CEO Michael Corbat says, according to a...

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Citi’s $900 Million Mistaken Payment Case Might Be In Wrong Court
Citi’s $900 Million Mistaken Payment Case Might Be In Wrong Court
December 03, 2020  |  Legal

The ongoing case of Citigroup‘s accidental $900 million payment to Revlon creditors may now have to be thrown out of court due to a mistake...

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Groups Urge Judge To Let Citi Have The Rest Of Its $900M Back
Groups Urge Judge To Let Citi Have The Rest Of Its $900M Back
November 26, 2020  |  Legal

Financial services trade groups are on Citigroup‘s side in the case of the $900 million the bank accidentally sent to creditors last August, Bloomberg reported...

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