Citi - News, Articles & Research

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

News/people

Citi to sack unvaccinated staff at the end of the month

Citigroup staff in the United States who have not been vaccinated against Covid-19 by January 14 will be placed on unpaid leave and fired at the end of the month unless they are granted an exemption, according to a company memo seen by Reuters.

10 January 2022

Company announcement/payments

Citi billing platform enhanced with account authentication and real-time payments

Citi’s Treasury and Trade Solutions (TTS) has enhanced Citi Present and Pay, its market-leading electronic bill presentment and payment platform for institutional billers in the U.S.

14 December 2021

News/crypto

Citi, Visa, AmEx invest in crypto-compliance platform TRM Labs

Blockchain intelligence platform TRM Labs has raised $60 million in a Series B funding round joined by a host of big-name firms, including Visa, Amex Ventures, Citi Ventures, PayPal Ventures, and Block (formerly Square).

07 December 2021

News/people

Citi to hire 100 staff for digital assets division

Citi Bank is to hire 100 staff to kickstart its digital assets business.

23 November 2021

News/retail

Citi opens flagship branch in Manhattan

As it opens the doors to a 7000 square foot flagship branch in Manhattan, Citi says it is "doubling down" on its network, despite the rise of digital banking.

16 November 2021