Citigroup

Citigroup Spends Billions On Tech To Keep Competitors At Bay

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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Banks, Credit Card Companies In Talks To Monitor Gun Sales
Banks, Credit Card Companies In Talks To Monitor Gun Sales
May 01, 2018  |  Politics

Banks and credit card companies are looking at ways to pinpoint gun purchases via their payment systems in what could be the first step in...

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Wells, JPMorgan, Citi (Mostly) Impress In Q1 — But Corporate Activity Falls Flat
Wells, JPMorgan, Citi (Mostly) Impress In Q1 — But Corporate Activity Falls Flat
April 16, 2018  |  B2B Payments

Top banking rivals JPMorgan Chase, Wells Fargo and Citigroup all posted their earnings on Friday (April 13), and overall, the institutions beat (most) analysts’ estimates....

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Banks’ First Quarter Results Show Double-Digit Gains In Digital Banking Users
Banks’ First Quarter Results Show Double-Digit Gains In Digital Banking Users
April 16, 2018  |  Banking

Amid earnings results Friday, JPMorgan Chase, Citigroup and Wells Fargo showed traction in mobile and online banking activity, with double-digit percentage growth seen in some...

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Citigroup Sees 1Q Surge In Mobile Banking, Beating Expectations
Citigroup Sees 1Q Surge In Mobile Banking, Beating Expectations
April 13, 2018  |  Earnings

Amid headlines that corporate banking helped boost Citigroup profits, the firm also reported strength in its mobile and online initiatives, as evidenced by growth in...

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Citigroup Places Limits On Clients’ Gun Sales
Citigroup Places Limits On Clients’ Gun Sales
March 23, 2018  |  Banking

Citigroup is placing restrictions on its business customers, requiring them to sell guns to only those that pass a background check and are 21 or...

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