Citigroup

Citigroup’s Jud Linville To Leave As Part Of Executive Reshuffling

Citigroup’s Jud Linville To Leave As Part Of Executive Reshuffling
Citigroup’s Jud Linville To Leave As Part Of Executive Reshuffling
August 13, 2018  |  Banking

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...

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Global Banks See (Possible) Opportunity In Trade Disputes
Global Banks See (Possible) Opportunity In Trade Disputes
August 02, 2018  |  B2B Payments

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...

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Citigroup To Lure Deposits With New App
Citigroup To Lure Deposits With New App
July 09, 2018  |  Digital Banking

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...

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Visa, Mastercard May Reach Settlement In Card Swipe Fee Suit
Visa, Mastercard May Reach Settlement In Card Swipe Fee Suit
June 28, 2018  |  Legal

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...

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Citi’s Treasury Unit Embraces UK Open Banking
Citi’s Treasury Unit Embraces UK Open Banking
June 05, 2018  |  B2B Payments

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...

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Citigroup Spends Billions On Tech To Keep Competitors At Bay
Citigroup Spends Billions On Tech To Keep Competitors At Bay
May 31, 2018  |  Digital Banking

Citigroup Chief Executive Michael Corbat disclosed Wednesday (May 30) that around 20 percent of the New York national bank’s expenses go for technology — which...

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Citigroup To Market Digital Bank To Credit Card Customers
Citigroup To Market Digital Bank To Credit Card Customers
May 29, 2018  |  Digital Banking

Citigroup said on Tuesday (May 29) that it won’t use high deposit rates to lure new customers to its digital bank – instead, it will go...

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Banks Take Military Approach To Cybersecurity
Banks Take Military Approach To Cybersecurity
May 21, 2018  |  Security & Fraud

In an effort to combat cyberattacks, banks are taking a military approach to their online security. Get the Full Story Complete the form to unlock...

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ValueAct Builds $1.2 Billion Stake In Citigroup
ValueAct Builds $1.2 Billion Stake In Citigroup
May 08, 2018  |  Banking

Activist investor ValueAct Capital Partners revealed that it’s built a roughly $1.2 billion stake in Citigroup. Get the Full Story Complete the form to unlock...

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