It was a better than expected showing when Citibank reported, with earnings coming in stronger than anticipated, buttressed by a lower corporate tax rate. Get...
A $6.2 billion settlement has been reached by Visa, Mastercard and several U.S. banks over a suit brought by merchants over what is commonly known...
To settle allegations involving its premium “dark pool” called Citi Match, Citigroup will pay more than $12 million in “disgorgement and penalties.” The news comes...
Welcome to the Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the newest sales figures from the...
Citigroup announced Monday (Aug. 13) that Jud Linville, CEO of global cards and consumer services, will leave the bank as part of executive reshuffling. According...
International trade disputes have had numerous consequences, and banks are no exception. Reports in The Wall Street Journal said trade conflict has caused global banks’ shares...
Citigroup, faced with lackluster deposits from individual customers, is trying to ramp up that side of the business by rolling out a new app in...
More than a decade after merchants brought a class-action suit against Mastercard, Visa and card-issuing banks in 2005, a settlement between the parties is reportedly...
Citi is the first corporate bank to enroll in the U.K.’s Open Banking Directory in an effort to enhance payment and collection services for business...