Citigroup

Jane Fraser To Break ‘Glass Ceiling’ As Citigroup CEO

Jane Fraser To Break ‘Glass Ceiling’ As Citigroup CEO
Jane Fraser To Break ‘Glass Ceiling’ As Citigroup CEO
September 10, 2020  |  Personnel

Citigroup Consumer Banking Chief Jane Fraser will take the top spot early next year when current CEO Michael Corbat retires, CNBC reported. Fraser would be...

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Citigroup Still At Odds With Hedge Fund Over Bank Payment Mistake
Citigroup Still At Odds With Hedge Fund Over Bank Payment Mistake
September 07, 2020  |  Legal

In an unusually public feud, Citigroup is engaged in a squabble with a creditor over the mistaken $900 million Revlon payments from earlier this year...

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Boxed Looks For Buyers
Boxed Looks For Buyers
September 01, 2020  |  Retail

Boxed, the U.S. online wholesale retailer sometimes called “Costco for millennials,” is seeking a buyer, Reuters reported. Get the Full Story Complete the form to...

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Today In Payments: Citigroup’s $900M Error Caused By Software Update; Facebook Rolls Out In-App Marketplace
Today In Payments: Citigroup’s $900M Error Caused By Software Update; Facebook Rolls Out In-App Marketplace
August 26, 2020  |  News

In today’s top news, Citigroup’s $900 million “clerical error” occurred during a software update, and Facebook introduced a new marketplace in its Facebook shop app....

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Report: Citigroup’s $900M Error Was Caused By Software Installation
Report: Citigroup’s $900M Error Was Caused By Software Installation
August 26, 2020  |  Banking

Citigroup Inc. has discovered obsolete software caused a nearly $1 billion problem earlier this month. Get the Full Story Complete the form to unlock this...

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Citigroup Back To Federal Court Over $900M Error
Citigroup Back To Federal Court Over $900M Error
August 21, 2020  |  Legal

Citigroup Inc. returned to court Friday (Aug. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Citigroup Files Suit To Recover $900M In Mistakenly Transferred Funds
Citigroup Files Suit To Recover $900M In Mistakenly Transferred Funds
August 19, 2020  |  Legal

There are banking mistakes, and then there is Citigroup’s $900 million Revlon loan blunder. Get the Full Story Complete the form to unlock this article...

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Citi: Why Retailers Now See Treasurers As The Most Important People In The Room
Citi: Why Retailers Now See Treasurers As The Most Important People In The Room
August 19, 2020  |  Omnicommerce

COVID-19 turned the idea of multichannel commerce from one possible strategy for businesses to basically the only game in town. Corporate organizations of all descriptions...

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Judge Stops $175M Revlon Loan Payment For Citi
Judge Stops $175M Revlon Loan Payment For Citi
August 18, 2020  |  Legal

Citigroup‘s request to freeze around $175 million in funds that were paid to hedge fund manager Brigade Capital Management by mistake has been granted by...

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