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,...
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...
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...
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...
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...
Economic headwinds abound. This week marks the culmination of an election season like no other. Virus cases are rising. Get the Full Story Complete the...
Federal banking regulators have fined Citigroup $400 million, ordering the third-largest U.S. bank to fix the “significant ongoing deficiencies” in its risk management systems, The...
Several Revlon creditors want to enlist an expert to share his opinion on whether they should have known that a $900 million payout from Citigroup...
Regulators are expected to reprimand Citigroup for its faulty risk management system, which works to detect problematic transactions, risky trades and other such issues, and...