Citigroup/page/5 news and trends

White House Mulls Executive Action on 10% Credit Card Cap
Credit Cards // January 18, 2026

Earlier this month, President Donald Trump called for a cap on credit card interest rates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Citigroup to Cut 1,000 Jobs in Ongoing Restructuring Effort
Personnel // January 12, 2026

Citigroup plans to cut 1,000 jobs this week as part of a restructuring plan announced two years ago, Bloomberg reported Monday (Jan. 12), citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Citigroup Strategists Say AI Boom Supports Strength of US Dollar
artificial intelligence // December 02, 2025

Citigroup strategists reportedly said the artificial intelligence (AI) boom and the resiliency of global trade have reversed the weakness in the U.S. dollar that was seen during the first half of the year. Get the Full Story Complete the form to unlock this article and...

AI Spending Could Exceed $2.8 Trillion Through 2029
artificial intelligence // September 30, 2025

AI-related infrastructure spending by Big Tech is expected to surpass $2.8 trillion through 2029. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Interviews & Exclusives
Why Citi Is Betting on Uniformity as Payment Rails Multiply

September 24, 2025
Watch more: What’s Next in Payments Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of […]

Consumer Resilience Buoys Big Banks, but CEOs Remain Cautious

April 16, 2025
In a quarter overshadowed by tariff discussions and global economic jitters, three of the nation’s largest financial institutions — PNC, Citigroup, and Bank of America — presented first-quarter earnings Tuesday...

CE 100 Index Plunges 4.3% as Payment and Banking Names Slide on Tariff Volatility

March 10, 2025
It was a rough week for the CE 100 Index, which lost 4.3% across five days of trading, outpacing the losses seen in all other benchmarks, from the NASDAQ to...

Cross-Border Market Share Will Depend on Instant Decisions

January 29, 2025
Cross-border payments had, for decades, been done by wire — where it had taken days to settle an international fund flow. Get the Full Story Complete the form to unlock...

Quick Reads
Citigroup to Lay Off Managing Directors and Senior Employees in March

January 23, 2026
Citigroup reportedly plans to lay off an unspecified number of employees in March after cutting about 1,000 jobs this month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, […]

White House Mulls Executive Action on 10% Credit Card Cap

January 18, 2026
Earlier this month, President Donald Trump called for a cap on credit card interest rates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Citigroup to Cut 1,000 Jobs in Ongoing Restructuring Effort

January 12, 2026
Citigroup plans to cut 1,000 jobs this week as part of a restructuring plan announced two years ago, Bloomberg reported Monday (Jan. 12), citing unnamed sources. Get the Full Story Complete the form...

Citigroup Strategists Say AI Boom Supports Strength of US Dollar

December 02, 2025
Citigroup strategists reportedly said the artificial intelligence (AI) boom and the resiliency of global trade have reversed the weakness in the U.S. dollar that was seen during the first half...