Citigroup

Banks Brace For Wave Of Corporate Credit Calamities
Banks Brace For Wave Of Corporate Credit Calamities
August 11, 2020  |  Loans

Before the deluge – of possible bankruptcies, that is – come the provisions. Get the Full Story Complete the form to unlock this article and...

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Citi Changes Its TTS Management Team
Citi Changes Its TTS Management Team
August 03, 2020  |  Personnel

Citi has named Stephen Randall as the TTS global head of liquidity management services in the London office, the company has announced. Get the Full...

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Citi BNPL Option Now On Amazon
Citi BNPL Option Now On Amazon
August 03, 2020  |  Buy Now Pay Later

Citi credit card holders can now use the company’s Flex Pay option to buy products on Amazon, the financial services giant announced Monday (Aug. 3)....

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Scotiabank: Why Banks Need To Rethink Personalization
Scotiabank: Why Banks Need To Rethink Personalization
July 22, 2020  |  Digital-First Banking

Financial institutions (FIs) are beginning to see the light at the end of the tunnel for bouncing back from the pandemic, but the crisis has...

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Big Banks See Strength In Trading And Digital, But COVID Sinks Their Consumer Businesses
Big Banks See Strength In Trading And Digital, But COVID Sinks Their Consumer Businesses
July 14, 2020  |  Earnings

Big banks kicked off the second-quarter earnings season Tuesday (July 14) by reporting COVID-weakened consumer banking revenues, but bright spots in trading and digital. While...

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Citigroup Trading Revenue Boosts Q2 Results
Citigroup Trading Revenue Boosts Q2 Results
July 14, 2020  |  Earnings

A surge in fixed-income trading revenue amid a roller coaster ride on Wall Street helped Citi turn a profit during a turbulent second quarter, despite...

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Citi: FIs’ Role In Creating Resilient Global Trade Finance Initiatives
Citi: FIs’ Role In Creating Resilient Global Trade Finance Initiatives
July 14, 2020  |  Banking

When Citigroup and the International Finance Corp. (IFC) teamed up more than a decade ago, the world remained in the midst of an economic crisis...

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Consumers Sour On Travel Rewards Cards
Consumers Sour On Travel Rewards Cards
June 29, 2020  |  Loyalty & Rewards

After spending years fine-tuning travel reward cards, banks have found that the coronavirus pandemic decimated all the effort by reducing the need or will to...

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US Banks Saw $2T Increase In Deposits During Pandemic
US Banks Saw $2T Increase In Deposits During Pandemic
June 22, 2020  |  Banking

A record $2 trillion has been deposited into U.S. bank accounts since the coronavirus first hit the U.S. in January, according to a report by...

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