Citigroup

Q4 Earnings Show Big Banks Fared Better Than Expected In 2020

Q4 Earnings Show Big Banks Fared Better Than Expected In 2020
Q4 Earnings Show Big Banks Fared Better Than Expected In 2020
January 15, 2021  |  Earnings

In the first wave of Q4 earnings reports, J.P. Morgan Chase, Citigroup and Wells Fargo showed the pandemic’s impact on critical lending and spending, and...

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Citi Q4 Earnings Show Digital Banking Growth, Drop In Card Spending
Citi Q4 Earnings Show Digital Banking Growth, Drop In Card Spending
January 15, 2021  |  Earnings

Citigroup reported stronger than expected Q4 earnings Friday (Jan. 15) that showed a solid digital business, but fell short on expected revenue. Earnings fell by...

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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  |  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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