Citi - News, Articles & Research

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

Company announcement/sustainable

Citi introduces sustainability-linked supply chain financing in Asia Pacific

Citi has launched its first Sustainability-linked Supply Chain Finance (SSCF) program in Asia Pacific with the aim of supporting clients as they advance their ESG priorities, improve the resilience of their supply chains and manage their working capital needs.

01 November 2021

News/wholesale

SETL open sources blockchain code

SETL is open sourcing its blockchain toolkit Portl in an effort to speed up adoption of distributed ledger technology by banks who have been wary of trusting their core ledger to a proprietary platform.

27 October 2021

Company announcement/payments

Citi rolls out RTP-enabled real time digital bill payments

Building on its position as the world’s leading instant payments bank, Citi’s Treasury and Trade Solutions (TTS) division now facilitates digital bill payment for both institutional billers and their consumer customers via the RTP network, the real-time payment system from The Clearing House (TCH).

26 October 2021

News/people

Citi TTS appoints global head of digital

Citi's trade and treasury solutions business has appointed Capital One's Naveed Anwar as global head of digital.

19 October 2021

News/Sibos

Sibos 2021: Collaboration and discipline is required for digital asset and CBDC success

Day three of Sibos started with a future facing perspective in the form of two morning sessions covering developing and upcoming digital technologies, including as CBDCs, DeFi, and NFTs, reiterating that these areas of innovation remain hot topics of interest.

14 October 2021

Company announcement/inclusion

Mastercard and Citi team on financial inclusion and stability

Mastercard and Citi today announced a new partnership to support local residents and small businesses through greater public-private sector collaboration.

07 October 2021

News/wholesale

Wall Street giants invest in AI search engine for companies AlphaSense

AlphaSense, an AI-based market intelligence platform used by a host of financial institutions, has raised $180 million in a Series C funding round co-led by Goldman Sachs and joined by Citi, Morgan Stanley and Barclays.

30 September 2021

News/devops

Citi joins $25 million round in quantum pioneer QC Ware

Citi has joined a $25 million round in QC Ware, a developer of high-powered applications for near-term 1quantum hardware.

30 September 2021

Company announcement/markets

Citi launches integrated ESG and multi-currency notional pooling capabilities in Luxembourg

Citi (NYSE: C) has announced the launch of its multi-currency notional pooling (MCNP) capabilities in Luxembourg, with a unique integrated Environmental, Social, and Corporate Governance (ESG) offering attached.

29 September 2021

Company announcement/regulation

Citi fined $1 million for swap data reporting violations

The Commodity Futures Trading Commission today filed and settled charges against Citibank, N.A. and Citigroup Global Markets Limited (collectively, Citi), two provisionally registered swap dealers, for failing to comply with certain swap dealer requirements for reporting Legal Entity Identifier (LEI) information to a swap data repository (SDR) and related supervision failures.

27 September 2021

Company announcement/wholesale

ThinCats to provide up to £300 million additional funding for UK businesses

ThinCats, a leading alternative lender, will utilise a guarantee provided by the British Business Bank’s ENABLE Guarantee programme to deploy significant new funding capital.

27 September 2021