Citigroup Corporate and Investment Bank

112 results about this entity

Period: 13 Apr 2004 - 16 Feb 2024

Citi Ventures make strategic investment in alternative lender Blue Vine

Citibank's Silicon Valley-based venture arm has made an undisclosed strategic investment in working capital firm BlueVine.

Major banks perform successful test of smart contracts in CDS market

Four major banks, the DTCC and Markit have announced the completion of a successful test of the use of distributed ledger technology and smart contracts to manage post-trade processes in the credit default swaps market.

Citi leads $4.2 million Selerity funding round

Selerity, a startup that monitors unstructured data and delivers personalised alerts to investors and traders, has raised $4.2 million in a funding round led by Citi, which is also using the firm's algorithms to provide recommendations to clients through its Citi Velocity platform.

Citi upgrades Treasury Diagnostics

Citi announces the release of the newly enhanced version of Citi Treasury Diagnostics (“CTD”), an award-winning, web-based benchmarking tool designed to help corporates assess their treasury and working capital practices against industry peers and best-in-class companies.

Citi streamlines customer onboarding with eBAM

Citi Treasury and Trade Solutions has launched paperless processing for both Account Opening and Maintenance on accounts in the United States and Canada.

Citi takes Payment Exchange to Canada

Citi has launched Citi Payment Exchange, its integrated and highly flexible institutional payment-processing solution, in Canada.

Visa, Citi, Nasdaq, Fiserv and Capital One back blockchain startup Chain

Five financial services heavyweights have joined in a $30 million funding round for blockchain startup Chain, which is aiming to overturn Wall Street conventions for the issuing and handling of financial securities.

Citi sells consumer banking business in Hungary

Citi (NYSE:C) today signed an agreement with Erste Bank Hungary Zrt. and its subsidiary Erste Befektetési Zrt. (Erste Investment) to sell its consumer banking business in Hungary.

SEC fines Citigroup for compliance and surveillance failures

The Securities and Exchange Commission today announced that Citigroup Global Markets has agreed to settle charges that it failed to enforce policies and procedures to prevent and detect securities transactions that could involve the misuse of material, nonpublic information.

Genpact expands in UK with acquisition of Citi OpenWealth platform

Genpact (NYSE: G), a global leader in designing, transforming, and running intelligent business operations, today announced the expansion of its Genpact OpenWealth business, which provides wealth management services to wrap platforms, insurers, banks, brokers, wealth, and asset managers into the U.K. market, by closing its acquisition of the U.K. OpenWealth platform from Citibank, N.A.

Citi launches futures trading on Velocity platform

Citi has launched Futures trading functionality on Citi Velocity, the award-winning trading platform which provides clients with access to Citi’s research and liquidity across FX, Rates and Credit.

Citi implements RMB cross-border auto sweeping from China to London

Building on its global RMB cash-pooling solutions, Citi has today announced the implementation of its first RMB Cross-Border Auto Sweeping structure from China to London.