Citigroup

Citi Weathers Trading Volatility as Mobile Efforts Gain Traction

Citi Weathers Trading Volatility as Mobile Efforts Gain Traction
Citi Weathers Trading Volatility as Mobile Efforts Gain Traction
January 14, 2019  |  Earnings

Citigroup’s trading business may have been the focus on Monday (Jan. 14) upon releasing fourth-quarter results – injecting a bit of volatility into the numbers...

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Big Banks Struggle With Generous Rewards Cards
Big Banks Struggle With Generous Rewards Cards
January 02, 2019  |  Banking

U.S. banks are facing increased costs associated with their reward credit cards as a result of two years of increasing the rewards points they offered...

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Citi Treasury, Feedzai Offer Real-Time Risk Management
Citi Treasury, Feedzai Offer Real-Time Risk Management
December 19, 2018  |  Partnerships / Acquisitions

Citi’s Treasury and Trade Solutions (TTS) announced on Wednesday (Dec. 19) that it has inked a partnership deal with Feedzai, an artificial intelligence (AI) developer...

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What’s Next For Real Estate In Amazon’s HQ2 Cities?
What’s Next For Real Estate In Amazon’s HQ2 Cities?
November 14, 2018  |  Amazon

Build it and they will come — in this case, times two. Apologies for the cliché (some of us miss baseball already), but that’s the...

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Barclays Nixes Crypto Trading Plan
Barclays Nixes Crypto Trading Plan
October 16, 2018  |  Cryptocurrency

In the midst of cryptocurrency trading volatility, one more bank has backed away from a trading project — this time it is Barclays. As reported...

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Citigroup Beats Earnings Expectations, But Misses On Revenue
Citigroup Beats Earnings Expectations, But Misses On Revenue
October 12, 2018  |  Earnings

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...

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Visa, Mastercard Settle $6.2B Swipe Fee Lawsuit
Visa, Mastercard Settle $6.2B Swipe Fee Lawsuit
September 18, 2018  |  Legal

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...

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Citibank Agrees To Settle SEC ‘Dark Pool’ Claims For $12M
Citibank Agrees To Settle SEC ‘Dark Pool’ Claims For $12M
September 14, 2018  |  Banking

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...

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Five At Five: A Brighter Retail Forecast For 2018
Five At Five: A Brighter Retail Forecast For 2018
August 13, 2018  |  News

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...

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