Citigroup

Citi Initiative Will Focus On Digital Experiences For Corporates

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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Trump Gathers Bank Leaders To Take Temperature On Coronavirus
Trump Gathers Bank Leaders To Take Temperature On Coronavirus
March 10, 2020  |  Coronavirus

U.S. President Donald Trump has asked top bankers to attend a meeting regarding the coronavirus outbreak, as leaders worldwide try to assess the damage to...

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Eurazeo Taps Citi, Evercore To Unload Planet Payments Unit
Eurazeo Taps Citi, Evercore To Unload Planet Payments Unit
January 22, 2020  |  International

French buyout fund Eurazeo has enlisted the help of Citigroup and Evercore to sell its payments enterprise Planet, Reuters reported on Wednesday (Jan. 22), citing three...

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