Citi - News, Articles & Research

Banks invest in multi-lender BNPL platform ChargeAfter

Citi Ventures, Banco Bradesco and MUFG have joined a $44 million Series B funding round for multi-lender BNPL player ChargeAfter.

22 March 2022

Company announcement/wholesale

Validus acquires CitiBusiness loan portfolio in Singapore

Validus today announced that it has entered into an agreement with Citi to acquire its CitiBusiness loan portfolio in Singapore, in a move that will bolster Validus’ top line revenue, customer base, and expand its growing loan book.

22 March 2022

News/markets

Wall Street players launch syndicated loan platform

Some of the biggest banks on Wall Street are backing a new syndicated loan platform, called Versana, that is aiming to bring transparency, efficiency and velocity to the $5 trillion market.

17 March 2022

News/wholesale

Citi joins with IntraFi for corporate liquidity management service

Citi has partnered with IntraFi Networks to introduce an automated system which allows institutional clients to sweep cash into deposit accounts at US branches of non-US banks.

15 March 2022

Company announcement/people

Citi Commercial Bank to hire 900 staff over next three years for global push

Citi Commercial Bank (CCB) – which serves mid-sized companies in over 60 countries – has plans to hire 900 people, including over 400 commercial bankers, in the next three years as the business seeks to fast-track growth.

14 March 2022

News/people

Citi digital asset co-heads quit for new venture

The co-heads of digital assets at Citi have both announced that they are leaving the bank to start a new venture in the crypto space.

14 March 2022

News/payments

Citi Commercial Cards picks Marqeta for mobile wallet offering

Citi Commercial Cards has selected Marqeta's tokenisation technology to power its global mobile wallet offering.

09 March 2022

Company announcement/sustainable

Citi to utilise climate stress test kit from S&P and Olver Wyman

Citi, S&P Global Market Intelligence and Oliver Wyman today announced that Citi has selected the S&P Global/Oliver Wyman’s Climate Credit Analytics (‘CCA’) Transition Risk model to support a variety of requirements for the bank in 2022.

22 February 2022

Company announcement/wealth

Citi invests in Simon Markets

SIMON Markets LLC (SIMON), a fintech company that offers an end-to-end digital suite of tools to help financial professionals understand, manage, and analyze complex alternative investment products, today announced Citi as its latest strategic investor.

16 February 2022

News/sustainable

Citi to spend $100 million on revamping London tower block

Citi is to undertake a $100 million refurbishment of its skyscraper in Canary Wharf, reflecting optimism about Britain's role in a post-Brexit future and a switch to more flexible working practices in the wake of the pandemic.

26 January 2022

News/sustainable

Doconomy raises $19 million to accelerate carbon emission reduction goal

Climate data platform Doconomy has raised $19m of equity capital to help accelerate expansion and the recruitment of new talent.

17 January 2022

News/crypto

Citi recruits for digital assets MD in transaction banking business

Citigroup is recruiting for a leader to run a digital asset division within the bank's treasury and trade solutions business.

14 January 2022