Citigroup

Citi To Bolster Business Lending In Europe With New Staff, Offices
Citi To Bolster Business Lending In Europe With New Staff, Offices
June 04, 2020  |  B2B Payments

To fill in openings left by competitors encountering the impacts of a recession brought by the pandemic, Citigroup is aiming to bolster its commercial banking...

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Citigroup Ponders Suburban Satellite Offices 
Citigroup Ponders Suburban Satellite Offices 
May 20, 2020  |  Real Estate

As the country starts lifting stay-at-home mandates and people head back to the office, Citigroup is considering a temporary relocation to the suburbs until it’s...

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Citi Initiative Will Focus On Digital Experiences For Corporates
Citi Initiative Will Focus On Digital Experiences For Corporates
May 19, 2020  |  B2B Payments

Citi’s Institutional Clients Group (ICG) is developing a unified approach to its electronic platforms with a particular emphasis on corporate clients. Get the Full Story...

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‘Green Shoots’ Or Scorched Earth: What We’ve Learned From Banks And Payment Networks’ Latest Earnings Calls
‘Green Shoots’ Or Scorched Earth: What We’ve Learned From Banks And Payment Networks’ Latest Earnings...
May 04, 2020  |  Banking

Amid the coronavirus pandemic and recessions, the old saying in life might hold true in business, and in particular for firms that rely on consumer...

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Citi CIO Says Second Wave of COVID-19 Could Wreak Financial Havoc
Citi CIO Says Second Wave of COVID-19 Could Wreak Financial Havoc
April 20, 2020  |  Economy

We’re not out of the woods yet: That’s the message from Citi Private Bank’s David Bailin. Get the Full Story Complete the form to unlock...

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Banks’ $25B Loan Reserves Show Grim Expectations For Economic Road Ahead
Banks’ $25B Loan Reserves Show Grim Expectations For Economic Road Ahead
April 16, 2020  |  Economy

Against a backdrop where Labor Department data showed 5.2 million additional Americans filed for unemployment, it may make sense that banks’ outlooks for the future...

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Citi Increases Loss Reserves, Enhances Digital Capabilities
Citi Increases Loss Reserves, Enhances Digital Capabilities
April 15, 2020  |  Earnings

Citigroup reported underwhelming first-quarter results on Wednesday (April 15) as the coronavirus continues to shake the global economy, announcing an approximately $5 billion increase in loan-loss...

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Banking On A Rough Earnings Season For Banks
Banking On A Rough Earnings Season For Banks
April 13, 2020  |  Banking

Three months seems a lifetime ago, pre-coronavirus pandemic, pre-recession, pre-lockdown, pre-bailouts. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Citigroup CEO To Workers: No Layoffs
Citigroup CEO To Workers: No Layoffs
April 01, 2020  |  Coronavirus

Citigroup’s 204,000 U.S. employees hope it’s not an April Fools’ joke. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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