Citigroup

Citigroup Fined $56M In UK For Regulatory Reporting Miss

Citigroup Fined $56M In UK For Regulatory Reporting Miss
Citigroup Fined $56M In UK For Regulatory Reporting Miss
November 26, 2019  |  Bank Regulation

The Prudential Regulation Authority (PRA), the supervisory arm of the Bank of England (BoE), has fined Citigroup a record-breaking $56.3 million for not completing accurate...

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Top News In Payments: Paytm Secures $1B In New Funding; Olo Pilots BMW In-Car Ordering
Top News In Payments: Paytm Secures $1B In New Funding; Olo Pilots BMW In-Car Ordering
November 25, 2019  |  News

In today’s top payments news, India’s mobile payments startup Paytm said on Monday (Nov. 25) that it secured $1 billion in new funds from Japan’s...

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Google Dives Into DDAs
Google Dives Into DDAs
November 13, 2019  |  Banking

Google is planning to launch consumer checking accounts next year in partnership with Citigroup and Stanford University, The Wall Street Journal (WSJ) reported on Wednesday...

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Citigroup To Offer American Airlines Cardholders Access To High-Interest Savings
Citigroup To Offer American Airlines Cardholders Access To High-Interest Savings
November 04, 2019  |  Loyalty & Rewards

Citigroup is planning to roll out a high-interest savings account option for users of its American Airlines co-branded credit card, CNBC reported on Monday (Nov....

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Top News In Payments: Citigroup Names Consumer Banking Exec, QuickQuid Expected To Close
Top News In Payments: Citigroup Names Consumer Banking Exec, QuickQuid Expected To Close
October 25, 2019  |  News

In today’s payments news, Citigroup veteran Jane Fraser was named to head up the company’s consumer banking division. Also, the U.K.’s largest payday lender, QuickQuid, is...

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Citigroup Taps Jane Fraser To Lead Consumer Banking Division
Citigroup Taps Jane Fraser To Lead Consumer Banking Division
October 25, 2019  |  Banking

Citigroup veteran Jane Fraser was named to lead the company’s consumer banking division following an upheaval in the ranks that puts her next in line...

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JPMorgan, Citi, Wells See Strong Credit Card Growth In Q3
JPMorgan, Citi, Wells See Strong Credit Card Growth In Q3
October 16, 2019  |  Earnings

In third-quarter earnings, credit card results at Citigroup Inc., JPMorgan Chase & Co., and Wells Fargo & Co. were a highlight. Nomura’s Bill Carcache noted...

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Citi’s ‘Unpredictable Q3’ Sees Growth In Treasury Unit
Citi’s ‘Unpredictable Q3’ Sees Growth In Treasury Unit
October 15, 2019  |  Earnings

Citigroup had a flat third quarter but reported year-over-year gains in treasury and trade solutions services for that period. The financial institution, however, beat analysts...

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US Banks Expected To Lose 200K Jobs To Technology
US Banks Expected To Lose 200K Jobs To Technology
October 01, 2019  |  Banking

In the next 10 years, as robots and other tech bring about the “greatest transfer from labour to capital” the industry has witnessed, per a...

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